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CNBS was created in 1989 to give credit unions a credit union industry option for broker/dealer services. It was originally owned by U.S. Central, CUNA Mutual Group and CUNA Service Group. In 1996 U.S. Central became the sole owners. Then in 1998 it was spun off and owned by corporate...

Two major military CUs - Navy FCU and Pentagon FCU - were part of a special May 7 press conference by Fannie Mae announcing special mortgage forbearance rights for military personnel on active duty. In this shot Navy FCU EVP Louis W. Jennings (left) speaks with Captain Stephen M. Wellock,...

LOS ANGELES - Larry Sharp, president/CEO, Arrowhead Credit Union, was recently presented with the Donald G. Hagman Award by the Southern California Association of Governments during its 2003 general assembly. Sharp was recognized by SCAG - the nation's largest regional planning organization, functioning as the Metropolitan Planning Organization (MPO) for...

MADISON, Wis. - More than one million members at 140 credit unions on the Caribbean island of Puerto Rico now have another choice for growth and income investment products, marking the first time CUNA Mutual Group has marketed such services outside of the United States. CUNA Mutual's International Division through...

PHOENIX - For more than two decades, CUNA executives have holed up annually with officials from the nation's largest credit unions and other community leaders to discuss forward-looking credit union strategy. This year's agenda focused on how to position credit unions moving into the future, the state bank attacks on...

Educational Employees Credit Union, Fresno, Calif., has promoted Julie Mattern to executive vice president branch operations/loan administration; Natalie Tomajan to vice president branch operations; Darlene Andris to credit manager; Joanne Lockhart to Clovis branch manager III; and Charlie Hyatt to Van Ness branch manager II. Columbia Credit Union, Vancouver, Wash.,...

TORRANCE, Calif. - Credit unions will go to any length - even ride the high seas - to raise money for charity. Honda Federal Credit Union President/CEO Jim Updike led a crew of six credit union people in an offshore 140-mile sailboat race from Newport Beach, California to Ensenada, Mexico,...

ST. JOSEPTH, Mich. - First Resource FCU, the sixth largest federal credit union in the state, is showing no let up in its habit of merging with out-of-state credit unions. In its latest move, the $350-million FRFCU merged with $3.1-million Marion FCU in Ohio. First Resource FCU is a multi-state...