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CHARLOTTE, N.C. - Bank of America has committed $240,000 to Durham, North Carolina-based Latino Community Credit Union to help jumpstart its opening. Crime against Hispanics here is on the rise. With many Hispanics keeping their money in their pockets or at home, they are becoming easy targets. Bank of America...

LAS VEGAS - Hoping to encourage new credit union formations in the state, the Nevada Credit Union League has issued a 31-page manual guiding interested residents in chartering new state or federal credit unions. "It's been more than five years since the last credit union was started in our state,...

WASHINGTON-Senator Harry Reid (D-Nev.) filed a motion to proceed with the bankruptcy reform legislation (S. 420/H.R. 333) conference to iron out the differences between the House and Senate bills last week. This should make way for the naming of conferees any time now, but opponents have other plans. Senator Paul...

MAITLAND, Fla. - According to a recently released Star Systems survey, about 50% of Web shoppers would spend more online if new security technologies were in place. Approximately three-quarters of respondents said they shop online, but worry about security, and one-third of them said they limit their online purchases because...

WASHINGTON - The Mortgage Bankers Association has urged the Senate to approve legislation that will restart the Federal Housing Administration's multifamily mortgage insurance program. According to the MBA, the program would encourage the development of more that 50,000 rental units in 33 states and the District of Columbia. The Senate...

MADISON, Wis. - In terms of salary growth, 2001 proved to be a very good year for credit union executives. This year is slightly off from 2000, but not by much. According to the 2001 CUES Executive Compensation Survey, the base salary of credit union CEOs increased by about 8.05%...

MIDDLETOWN, Pa. - Mid-Atlantic Corporate FCU here has donated $6,000 to the Pennsylvania and National Credit Union Foundations. Mid-Atlantic donated the money to the state foundation, which funnels a portion of it to the NCUF. The corporate raised the money during its 7th Annual Charity Golf Tournament held June 15....

Callahan & Associates has recently found that overall, credit unions have experienced their quickest share growth in more than a decade. The exclusive billion-dollar club has gained a surprising nine new members coming from eight different states across the country, indicating that the strong "top growth" is a national, not...