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ST. Paul, Minn.-Minnesota Life Group Insurance has reported a 96% increase in new annual premium for 2001. In addition, the company retained 96% percent of its existing clients. "This is our sixth consecutive year of outstanding sales results," said James E. Johnson, senior vice president, Group Insurance. "While growth rates...

MAX Federal Credit Union, Montgomery, Ala., has elected the following officers to its board: Will Townsend, chairman; Ron Thompson, vice chairman; Barbara T. Starr, treasurer; Sue Jackson, secretary; Thomas E. Ballow Jr., director; Howard J. Bear, director; Jim Solze, director; Kelli Wise, director; and Lloyd Woodman, director.

BOCA RATON, Fla. - Completing its first full year, the Credit Union Service Organization Members Insurance Services, L.L.C. is slowly picking up speed. "Our game plan was to be profitable in less than five years," said Members Insurance Services Board President Barry Hughes. "Now even in a worse case scenario-we...

HOUSTON - Staffers at First Community Credit Union here were a little more addicted to instant messaging each other than they realized. The $250 million CU had been using instant messaging on its internal network for years on a Novell system. When it converted to a Windows NT system that...

DENVER - State-chartered credit unions in Colorado that want to merge now have a strict set of guidelines they have to follow for the Colorado State Financial Services Board to consider their application. Commissioner David Paul said "there needed to be standards so we can make statutory determinations on credit...

CORVALLIS, Ore. -Terrence McDermond, Senior Software Engineer at Summit, recently assumed the position of co-chairman of the Credit Application Working Group of the Interactive Financial eXchange (IFX) Forum. In his leadership role, McDermond will help steer development of IFX open system standards. "It's exciting to be a part of this...

OKLAHOMA CITY - Oklahoma Credit Union League President/CEO Bob Bianchini has no doubt about Rep. Paul Kanjorski's (D-Pa.) support of credit unions, but his ears perked up during CUNA's GAC when he heard comments the congressman make on the regulatory relief hearing and on preserving parity in the dual chartering...

WASHINGTON - Diane Casey, President of America's Community Bankers (ACB), sent the 165 bankers attending the ACB's annual Government Affairs Conference (taking place at press time) to lobby their Congressional delegations in support of five "high priority" issues but not, particularly, to attack credit unions. The five issues ACB considered...