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NEWARK, N.J. - With a recent survey finding that 34% of pre-retirees are in "frail" financial health, credit unions have an opportunity to help educate millions of Americans on becoming more financially fit. A Prudential Financial Inc. study finds that 79% of pre-retirees are not financially ready to retire comfortably....

PURCHASE, N.Y. - Hispanic cardholders are just as likely to use debit cards as credit cards for high-end purchases in the $100 to $500 range, a new survey conducted by MasterCard International has found. The survey also found that debit is the payment option of choice for midrange purchases of...

Mike Welch's opinions stated in his April 17th column, "Recognize Any of These CU Board Members?" provided tinges of honesty combined with many misrepresentations. His column targeted directors seemingly to create separation and controversy that I find appalling. As a credit union director with well over 20 years of experience...

US Federal Credit Union, Burnsville, Minn., has appointed Martin Kelly director of marketing. Heritage Federal Credit Union, Newburgh, Ind., has named LeAnn Cooper assistant vice president/West Side branch manager. Indiana University Employees Federal Credit Union, Bloomington, has elected the following directors to its board Richard Heinz; Bruce Jaffee; Hannah Buxbaum;...

GREENSBORO, N.C. - First Carolina Corporate has inked an intriguing deal with a firm that should help more credit unions in the Carolinas offer mortgages. "Every credit union in order to grow their business needs to be a mortgage lender. This is not typical of our products, but if credit...

SPRINGFIELD, Ill. - Illinois credit unions believe they dodged a bullet last month, when Gov. Rod Blagojevich bypassed the Department of Financial Institutions in his consolidation of state government agencies. But now they are waiting to see if the price of their independence is a rise in regulatory fees. These...

MINNEAPOLIS - Despite Northwest Airlines' May 8 agreement to extend the July 5, 2003 subleases of several properties occupied by NWA Federal Credit Union to March 21, 2004, the credit union is moving forward in its search for other locations. Citing a notice from Northwest, the credit union said the...

STOCKTON, Mo. - Bank ATMs and vaults were among the only structures standing in this Missouri town in the wake of recent tornados. Every building in the town's square but the courthouse, including two bank branches, had been severely damaged by the storm, the media reported, but standing among the...