Search Results

More and more credit unions seem to be interested these days in lending to small businesses. That is not surprising. As Mike Welch rightly pointed out in his column last week (CU Times, May 1), lending to small businesses has been an integral part of many credit unions' activities from...

WASHINGTON - As the Securities Exchange Commission takes a harder look at analysts that do business with investment firms because of potential conflicts of interest, some are asking whether credit unions have enough safeguards in place to prevent a Enron/Arthur Andersen debacle from happening and if "cozy alliances" need revamping....

ALBANY, N.Y. - And then there were 34 - corporate credit unions that is. The $4.5 billion Empire Corporate FCU, Albany, N.Y., and the $118 million CorpStar FCU, Sioux Falls, S.D., have announced merger plans. If the deal goes through that will bring the total number of corporates to 34....

HONOLULU - Hawaii State FCU, Hawaii's largest credit union, has partnered with Hawaii Business College to provide free job skills training to those of its members who lost their jobs as a ripple effect on Hawaii's economy of September 11's terrorist attacks. HSFCU President Deborah Kim said Career Pathways is...

WASHINGTON - The New York Cash Exchange (NYCE), an ATM network with more than 1000 participating credit unions, along with banks, will allow its participating banks and credit unions to charge fees for accepting deposits from other participants' members or customers starting in September. Susan Zawodniak, vice president of NYCE...

With unending attacks on credit union interests, such as those in recent weeks by the American Bankers Association, credit unions need to field an offensive effort rather than letting the defense play the entire game. Tired of waiting for that to happen, I decided to put my own credit union...

Tower Federal Credit Union, Laurel, Md., employees have rolled up their sleeves to donate blood to the American Red Cross. Over 33 pints of blood were donated. In addition, TFCU has collected and donated 30 pounds of pull-tabs from soda cans for the Ronald McDonald House in Hershey, Pa. The...

LANSING, Mich. - What's a member to do? Interest rates are low, and members don't want to lock up their money in a three-year or five-year CD. What if rates go up? What's a credit union to do? Members, shying away from long-term commitments at low interest, are creating a...