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MADISON, Wis. - Credit unions in Honduras kicked off their celebration of International Credit Union Day with their first transfer of an IRnet remittance. IRnet will be used at credit unions in Honduras belonging to part of the country's national federation of credit unions. The 11 largest and strongest CUs...

Corning Credit Union, Mass., has promoted Gary Grinnell to executive vice president of operations. Dover Federal Credit Union, Mass, West Dover Branch Manager Debbie Young has bid the credit union she has served since 1986 a fond farewell. Young has moved to Moody AFB in Georgia to join her husband....

SAN FRANCISCO - Credit union chairmen attending the 26th Annual Chairmen's Roundtable Forum and participating in a simulated "crisis" exercise, concurred credit unions, if faced with the prospect of taxation, should use grassroots lobbying efforts or a "Million Member March" on Washington to fight. In the exercise, conference attendees were...

WASHINGTON - The headlines sound an alarm - "More homeowners face foreclosure"; "Foreclosures soar nationwide." Should credit unions worry? Maybe, maybe not. It depends on who you talk to, where your credit union is located, and whether you're assessing today's situation or what may lie ahead. The data that has...

Anoka Hennepin Credit Union, Coon Rapids, Minn., Board Chairman Ron Nevala was one of 13 credit union activists from Minnesota attending the Hike the Hill trip on September 11. Hike the Hill encourages credit union activists to visit Washington D.C., throughout the year to educated elected officials on credit union...

ALPHARETTA, Ga. - Processing credit and debit cards brought Certegy, the leading card processor for credit unions, $167 million in 2002, the company has reported. That represents an increase of $4.8 million, or 2.9%, over the same quarter last year. "Excluding nonrecurring revenue of $6.3 million in the company's e-banking...

ARLINGTON, Texas - Despite economic times, a recent Internet study by American Consumer Opinion reports that half of Americans do not regularly stay within their monthly budgets. The American Consumer Opinion "2002 Personal Opinion and Lifestyle Study," finds that 50.4% of those surveyed report they are unable to stay within...

ALEXANDRIA, Va. - NCUA's Asset Management Assistance Center (AMAC) is selling off non-performing consumer, charge-off and deficiency balances, which the center does periodically, it announced this week. The package has a face value of approximately $3.6 million. Bidder packages are available through the AMAC at 512-231-7900 or [email protected]. The timeline...