The Florida Credit Union League awarded Insight Financial Credit Union, Orlando, Fla., with the prestigious Dora Maxwell Award for Outstanding Achievement in Social Responsibility. Insight Financial received this year's second place honor for its efforts with XL 106.7's "Doc and Johnny's Baby DJ Fund." This program asks local businesses and...
HAR-CO Maryland Federal Credit Union, Bel Air, Md., recently sponsored the Town of Bel Air's annual fireworks display and hosted World Figure Skating Champion Kimmie Meissner and her two guests, both cancer survivors representing the Cool Kids Campaign, in the town's parade. HAR-CO not only hosted Meissner and her guests,...
BayLands Federal Credit Union, West Point, Va., recently celebrated the grand opening of its full-service branch in James City County. The festivities were covered live with a remote radio broadcast from Xtra 99.1's Neal Steele and Danette Stout. BayLands hosted a fun-filled event featuring balloons, a Moon Walk, and a...
In its 2006 Mortgage Focus report, Fannie Mae analyzed empirical data to provide insights on critical industry metrics and trends changing the way mortgage business will be done in the future. According to the study's findings, credit unions continued to shift their originations to second liens. In 2003, refinances accounted...
The Maine Credit Union League is happy with the results at the ballot box from Election Day 2006. After everything was tallied up, Senator Olympia Snowe (R) handily won re-election. She serves as chair of the Small Business and Entrepreneurship Committee. In the House, the league endorsed the state's two...
Altura Credit Union has launched Amerit Escrow, a new CUSO that ties directly to its Patrion Mortgage, LLC subsidiary. The escrow is part of a wider philosophy of offering products to satisfy the requests of Altura's member base so that they do not switch to another financial institution. Altura Credit...
During the Washington Credit Union League's Annual Convention, member credit unions received awards for their efforts throughout the year.
Achieving effective organizational innovation requires more than simply aligning information technology and business areas--a company must partner the two aspects of operations, said two CUNA Mutual Group officers during Insurance & Technology's 8th Annual Executive Summit held last week.
IBEW Plus Credit Union and interactive financial institution training organization TRC Interactive, Inc., have joined to deliver online training through CreditUnionTrainingOnline(R) for credit union-wide training needs.
Financial institutions taking advantage of Entrust's Zero Touch FFIEC Compliance Solution were offered a limited guarantee of compliance with the Federal Financial Institutions Examination Council's online authentication guidelines.
Beginning in 2008, Citigroup Inc. said it will freeze its cash balance pension plans and will instead boost contributions to its 401(k) plan for most U.S. employees.
SourceOne Credit Union has officially merged with US Federal Credit Union.
Something as insignificant as a zero isn't so unimportant when it comes to logging into an online banking site. Just ask Scott Heinz. The Web marketing specialist at Hanscom Federal Credit Union says its new system would not accept member numbers beginning with zeroes, a problem it was able to...
There's even more evidence of the trend away from pension plans in favor of 401(k) plans. Employers' greatest concern continues to be that employees are not saving adequately for retirement as many of them come up with ways to make their 401(k) plans more innovative, according to a survey from...
More credit unions are offering supplemental executive retirement plans as a means to retain top executives.
As the $332 million Lafayette Federal Credit Union continues working through the process of converting to a mutual bank, the credit union will officially open its newest branch in a lower income, predominantly Hispanic part of Washington, D.C.
With Michigan manufacturing workers facing a changing job market, NuUnion Credit Union is giving its members a helping hand.
Prime Alliance first had Fannie and now has Freddie.
New York State area credit unions have a new mortgage option to offer their members--a new co-op lending program introduced by CU National Mortgage.
MasterCard, the nation's second largest card brand, turned 40 years old this year. The company began life as the Interbank Card Association in 1966. The company remembered the anniversary in a small ceremony at its operations center in O'Fallon, Mo., earlier in November.
Chartway Federal Credit Union has been named one of the 25 "Best Places to Work" in Hampton Roads by weekly business journal Inside Business. The magazine selected the credit union for its tuition assistance program and loan discounts. Other employee perks mentioned include a '50s themed lunchroom and being flown...
The Bill and Melinda Gates Foundation has awarded the World Council of Credit Unions $6.7 million to support the Foundation's efforts to grow credit unions in Africa and Latin America. The Gates Foundation also awarded $2 million to the World Council's Worldwide Foundation for Credit Unions.
Industry executives and developers are saying the commercial real estate cycle may have reached its peak and a scale-back could come in 2007.
The Pennsylvania Credit Union Association's effort to offer a payday lending alternative recently received a boost from the Pennsylvania Treasury.
Less than two weeks after Armando Cavazos retired from Credit Union ONE, Gary Moody has been named the new president/CEO effective immediately, the credit union said Nov. 7.
The Democratic party took a commanding lead in the House and blue gains in the Senate were just enough for a slim advantage in the Senate.
Bricks and mortar continue to show their staying power even as technology pushes the envelope of Internet banking to wireless and beyond.
Financial readiness is essential to the military readiness of the nation's troops.
South Carolina Federal Credit Union has found a charitable expression of its newly introduced theme of keeping people "one step ahead" of life's many challenges.
Students at the city's public schools will soon have access to a number of volunteers that will teach how to realistically manage finances.
The Securities and Exchange Commission has filed fraud charges against the head of several San Francisco-based hedge funds, accusing him of misappropriating millions of dollars from investors nationwide, including senior citizens.
Affinity Plus Federal Credit Union recently hosted an event with Michael Cuddyer of the Minnesota Twins baseball team at its University Branch in Minneapolis. The visit must have proven good luck for Cuddyer since the Twins went on to win the division championship title and earned a spot in the...
Credit union savings grew faster than loans for the month of September, according to CUNA, but the question remains whether this is an anomaly or the start of a trend.
As the American Bankers Association recently asked for more time to comment on Basel II beyond the Jan. 23, 2007 deadline, the corporate credit union version of risk-based capital is stalled.
The so-called "battle" for business lending between banks and credit unions is once again making headlines. This time, an article titled "The Battle for Your Money" in the September issue of Florida Trend magazine has prompted several in the credit union industry to criticize the story for what they claim...
State Employees' Credit Union Board of Directors posthumously honored Milas Dorsey Kelly Sr. for his role in helping to establish the credit union's statewide branch network.
Gwen Baker, an attorney with Venable, LLP, said she enjoyed her work with NAFCU, but really loves diving deeper into credit unions' day-to-day concerns as she does now in the post she has held for one year.
Talk about tech savvy. Working together, the IT, ACH and e-commerce staffs at Kinecta Federal Credit Union launched their own in-house online banking solution last year and are following it up this year with online account opening, check ordering, account-to-account transfers and a growing set of member-relationship management tools such...
A new study released by Aite Group focusing on online account opening revealed that 60% of the top 20 credit unions (based on assets) offer online account opening, a 35% spike over the previous year. However, only 42% of those that have instituted online account opening also offer online funding....
Corillian Corp., a provider of online banking, payment and security solutions to the financial services industry, and Parsam Technologies, the provider of uMonitor financial services for online customer acquisition and retention, have announced a partnership to combine Corillian's online banking services with uMonitor online account opening and funding, funds transfer,...
Credit unions witnessed a sustained slowing of economic activity in the third quarter and there's still uncertainty on whether consumer spending will decrease given the flux within the housing market.
Don't try to classify billion dollar credit unions because you can't.
The $125 million Taunton Federal Credit Union, headquartered in Taunton, Mass., has sold its card portfolio to Elan Financial Services, a subsidiary of US Bank. The purchase brings Elan a portfolio of 2,500 accounts worth roughly $3.4 million.
Bank of America's merger with MBNA has been drawing consumer ire because of technical problems related to the merging of their operating systems, according to an article on the ConsumerAffairs.com Web site. ConsumerAffairs.com is an independent consumer Web site. An article posted on the site on Nov. 8, Bank of...
The $1 billion Polish & Slavic Federal Credit Union is a fixture in the Polish community of Greenpoint, so it might be understandable when the CU expressed indignation about an anti-Polish slur that the CU alleged had been made by a city employee in print.
The $75,000 Credit Union Legislative Action Council of CUNA spent on direct mailings in support of Senator Joe Lieberman (I-Vt.) late in the game paid off in victory last week. In all, CULAC contributed over $225,000 in independent expenditures to the Lieberman campaign. Lieberman lost his bid for re-election under...
As the only financial institution in the area Everyone's Federal Credit Union is making itself at home in Vaughn, N.M. After Wells Fargo pulled out its Vaughn branches earlier this year saying "market conditions" made it unprofitable to stay, Everyone's FCU lived up to its name and stepped in. "After...
American Share Insurance commended Congress for including a provision to update the FDIC Improvements Act disclosures in the regulatory relief bill. While FDICIA required privately insured credit unions to disclose that they are not backed by the federal government, implementing regulations and enforcement were never funded. Now that Congress has...
The $122 million HEW Federal Credit Union has been approved to expand its field of membership. In addition to the underserved areas of Washington, D.C., the credit union with roughly 20,000 members has been approved to serve underserved areas of Alexandria City as well as Arlington and Fairfax Counties in...
Brokers are lately becoming the lender of choice for small businesses in Australia.
Texas credit unions have launched Operation Mailbag: Texas Credit Unions Care, a statewide tribute to military service men and women serving overseas.
Rogue Federal Credit Union members donated over $1,800 in school supplies to Phoenix, Parkside and Stearns Elementary Schools in Phoenix, Grants Pass and Klamath Falls.
Members of Lafayette Federal Credit Union fighting the $332 million CU's proposed charter change to a mutual bank collected signatures on a petition requesting a special meeting at which board members could be recalled at its Cabin John branch last week.
Healthy NY, the state's reduced cost health insurance program for the working uninsured, sole proprietors and small businesses, will soon include high deductible health options to help make the program more affordable.
After 70 years, Mon-Oc Federal Credit Union has shed its name and revitalized its brand with the new name First Financial Federal Credit Union to help consumers get a fresh perspective on credit unions.
Fair Isaac Corporation said that a recent study has found that its FICO Expansion alternative credit score tool can help lenders judge the credit worthiness of applicants who have no other credit history.
U.S. District Judge William H. Pauley, in Manhattan, granted preliminary approval Nov. 8 to a $336 million settlement of lawsuit over fees charged to cardholders for foreign-currency transactions.
Could it be "buyer beware" for health savings accounts?
To meet the financial needs of Georgia's growing Hispanic population, plans are underway to open a credit union by July 2007.
JAX Federal Credit Union has announced that it will implement the Fuze Digital Solutions' Fuze Suite as part of its eService strategy to expand its support across self-service and assisted-service interaction channels.
Financial institutions could begin carrying more of the load with regard to blocking "bad" transactions, according to one NAFCU attorney.
With 98 votes separating him from victory, Bob Kressig has been re-elected to Iowa's District 19 House seat.
To further extend its business lending reach, credit union-owned Cooperative Business Services, LLC has opened its first satellite office in Westerville, Ohio.
Organization of American States Staff Federal Credit Union President Carlos Calderon, co-founder of Network of Latino Credit Union Professionals, endorsed John Herrera to serve on CUNA's board.
Camino Federal Credit Union's zero interest loan is helping teachers stock up on their supplies. Montebello High School teacher Carmen Patlan is the first recipient of the credit union's latest loan offering--the 0% School Supply Loan. Created to help teachers supplement their regular classroom budget, the loan allows educators to...
The FDIC Board, in its recent open meeting, approved the final regulations implementing the Federal Deposit Insurance Reform Act. Three major banking trade associations have said that the premiums assessed at that meeting are too high.
Jeanne D'Arc Credit Union got in the Halloween spirit by participating in the ninth annual MonsterBash sponsored by The Kiwanis Club of Greater Lowell and the Tsongas Arena.
The office has moved and the work is a little bit different, but the relationships built over 26 years have not changed in his current post as a partner with Venable, LLP, Bill Donovan said.
Web-based financial services provider Online Resources Corporation has unveiled dedicated software Internet banking capabilities that are fully integrated with the company's payment, marketing, customer care and other outsourced services.
The 2006 Mission Federal Credit Union Memory Walk, held in San Diego's Balboa Park, helped raise $360,000 for the San Diego chapter of the Alzheimer's Association--surpassing last year's event by more than $100,000.
Delivering the keynote address at NACUSO's Business Services Collaborative, NCUA Vice Chairman Rodney Hood gave high marks to credit unions and CUSOs that are making inroads in member business lending.
HR Value Group, a human resources consulting and recruiting company, has partnered with CUcorp, a wholly-owned subsidiary of the Michigan Credit Union League.
e-Security solutions provider Perimeter has developed a risk assessment tool that it says will help credit unions examine and mitigate their different forms of risk, including card risk, from the inside out.
SilverCloud Software, Inc. has released new vBook technology for credit unions that will ensure training materials, procedures, policies, product information, manuals, compliance information, regulations, and forms can be located and are maintained and up to date, according to the firm.
Cleveland Ohio will be the site for the fourth Annual Police Officers' Credit Union Conference slated from May 16-18, 2007. Managed by Corporate Central Credit Union and Corporate One Federal Credit Union, the event is designed to provide attendees the opportunity to network and share ideas with other law enforcement...
Federal Reserve Chairman Ben Bernanke praised the work of community development financial institutions, including community development credit unions, at a recent Washington meeting.
American First Credit Union has been presented the 2006 Richard Myles Johnson Foundation Beacon Individual Award for its Credit Union at Schools financial education program.
Financial and payment services software provider S1 Corporation has reached an OEM (original equipment manufacturer) agreement with Fundamo, a mobile banking and transaction solution provider.
The 26th Annual XP Systems Customer Conference took place October 16-19 in Rancho Mirage, Calif. XP Systems is a credit union data processing subsidiary of Fiserv. Attendance topped 450 credit union employees, business partners, and XP Systems personnel. In the general session opening, XP Systems President John Edwards and XP...
By MARC RAPPORT Credit Union Times Technology Correspondent
Credit Union Times is launching an expanded awards program in 2007. As the leading independent publication in the industry, the awards program is unbiased and open to all credit union professionals and volunteers, making it the premier awards program in the industry. The Credit Union Times' editorial department will select...
Kent Credit Union President/CEO Rose Bartolomucci has accepted a CEO position with Vantage Financial Credit Union in Brook Park, Ohio, and will begin her new position on Nov. 16.
After 13 years of service, Marite Plume, president/CEO of Argonne Credit Union, has announced her retirement effective March 2, 2007.
After nearly 20 years of volunteering with the Children's Miracle Network, First Tech Credit Union President/CEO Tom Sargent saw the fruits of his labor of love first hand.
The membership of Crobank Credit Union has voted to merge with and into Fitchburg-based Workers' Credit Union. The merger will result in additional products and services for Crobank's 179 members, which include an expanded ATM network, insurance and investment services and a wide variety of business products and services. Workers'...
CUNA will host an audio-conference on disaster preparedness, specifically targeting pandemic, Deputy General Counsel and Senior Vice President of Regulatory Advocacy Mary Dunn announced last week.
In response to member requests, Northeast Credit Union has started offering Business Platinum Visa credit cards.
CUNA contributed political action committee funds to challengers in three races where incumbents were in the running, which is extremely rare for the credit union trade.
CU Business Group, LLC has announced its 2006-2008 board of directors.
Raising certificate rates can be a good way to secure liquidity for lending in the short-term, NAFCU Chief Economist Tun Wai explained.
Comunidad Latina Federal Credit Union is now open for business.
Minnesota credit union representatives participated in a working session on Nov. 3 with the offices of Sen. Norm Coleman (R-Minn.) and Congressman Mark Kennedy (R-6th District) to address the impact of the Bank Secrecy Act on money service business.
In another sign of maturity, high-tech startup Passageways, LLC has added another service to its intranet portal business--consulting.
Two banks last week reported finds of circulating counterfeit checks appearing to be from their institutions.
As industry experts continue to advise credit unions to check the NASD.com site for the most up-to-date actions and credentials on brokerage firms, the regulator continues to see an increase in individual investor complaints each year.
In Fortune 500 style, four credit unions were named to the National Cooperative Business Association's top 100 co-ops by revenue.
The perception of money and what it is really used for is the theme of two seminars sponsored by Duke University Federal Credit Union.
Credit unions' share of the $1.5 trillion non-revolving market has hovered between 13.7% and 13.8% and is not going anywhere anytime soon.
Rick Small, executive director of Good Shepard Food Bank, which serves 95% of the hunger organizations in Maine, accepts a $5,000 donation from Jon Paradise, governmental & public affairs manager at the Maine Credit Union League, on behalf of Maine's credit unions to fund food deliveries by the "Food Mobile."...
With the launch of brass|Student Program NY it seems that life has come full circle for brass|Media Inc. CEO Bryan Sims and credit unions are gaining recognition as financial literacy partners.
Cabrillo Credit Union has taken fitness to a whole new level.
Seventy percent of small business owners said Social Security was an important issue for them during last week's elections, according to a survey from ShareBuilder 401(k).
Five years ago, the U.S. economy began a cycle of economic expansion. It didn't feel much like an expanding economy until 2003, but momentum picked up and stayed strong... until recently.
The growth of debit cards and the use of home equity cash to pay off credit card debt were two card trends which have benefited consumers in 2006, according to an article on Bankrate.com, a Web site devoted to tracking credit card trends and news.
Metavante Corporation has come up with a way that unbanked individuals who may be paid on credit union-issued payroll cards can use the credit union's bill pay service with their payroll card.
NAFCU Services Corporation has announced that BANCServices Group, Inc. has expanded its relationship with NAFCU Services Corporation to include Core Xcelerator and Equifax Decision Power Express.
NCR Corporation, one of the leading manufacturers of ATMs, has developed an innovation in printing which the company said will be attractive to credit unions as they begin to move forward with imaging checks at the ATM. The innovation is a two-sided thermal printing process, which the company said would...
Domestic incentive financing offers by domestic automakers this year, including zero percent 72-month loans, have helped make six-year car loans the most popular terms for new vehicle loans originated so far this year, surpassing even the previous most common loan term, 60 months.
A credit union that gives someone a title like "vice president of quality" is saying it's serious about member service, and that's just what Altura Credit Union has done.
Dynamic Card Solutions, the firm that provides credit unions with the ability to instantly issue debit and credit cards as well as issue personal identification numbers, has partnered with a CU that is taking this ability overseas.
Visa and MasterCard, the two biggest credit card brands, rolled out their holiday sweepstakes promotional campaigns on Nov. 6 and both are taking care to dangle lots of cash in front of shoppers.
Rogue Federal Credit Union awarded "Perfect Attendance" certificates to more than 250 Phoenix elementary students during a morning assembly.
Texans Credit Union was the presenting sponsor for the Collin County Juvenile Diabetes Research Foundation's Walk To Cure Diabetes, and Greg Gallant, Chief Technology Officer of Texans, chaired the Walk. Greg's daughter, Morgan, was the JDRF ambassador for Texans, as she was diagnosed with Type 1 diabetes just over two...
Open Solutions Inc., which recently announced that it would be converting from a public to private company, continues to be aggressive on the acquisition front.
Gordon Chevrolet was the site of the culmination of a recent GTE Federal Credit Union promotion.
Special Report: Data Processing & Technology To coincide with BAI's Retail Delivery show being held this week here in Las Vegas, Credit Union Times offers up a special technology report. See pages 18-29. Donovan and Baker Still Loving CUs See what former NAFCU leaders Gwen Baker and Bill Donovan are...
At its open board meeting last week, the FDIC approved the creation of an Advisory Committee on Economic Inclusion.
Six years and 36 client credit union partners later, FORUM Solutions continues to build on the success of its flagship lending and online banking platforms.
Lafayette Federal Credit Union members who oppose the credit union's proposed conversion to a bank collect signatures outside the CU's Cabin John branch last week for a petition to recall board members. See page 4 for details.
For Stan Hollen and his family, the last few years have been all about transition and how to manage it.
The Democratic take over of the House could impact the makeup of the Financial Services Subcommittees and, therefore, influence who would be the lead sponsor of the Credit Union Regulatory Improvements Act should it reappear.
Cutler Dawson, president/CEO of Navy Federal Credit Union, does not shy away from talking about the big issues of the day in credit union land.
Everyone wants to do their part to fight terrorism, but credit unions and other financial institutions are feeling the strain under the weight of the Bank Secrecy Act and USA PATRIOT Act.
The Credit Union Executives Society has donated $95,000 to help support initiatives designed to strengthen the credit union industry.
The American Bankers Association recently announced a new addition to its lobbying staff.
Credit Union 24, one of two nationwide credit union-owned ATM networks, has cut prices and raised interchange rates for its participating credit unions.
Following an industry trend, Aerospace Community Credit Union is the latest to change its name.
The Texas Credit Union Commission last month issued proposed regulations regarding private deposit insurance for state chartered credit unions.
A number of substantive issues are "on deck" for the upcoming NCUA Board meeting.
Viewpoint Bank, the former Community Credit Union, posted its earning for the third quarter of 2006. The former CU posted net income of $1.5 million for the quarter ended Sept. 30, 2006, an increase of roughly 173% from the same period last year. The bank issued stock under a mutual...
To further woo potential affluent customers, Bank of America Corp. has introduced a unified management account.
For one day only, E53 Federal Credit Union offered members a special Halloween treat--a CD paying 10% APY.
SECU Credit Union is showering its members with thank you gifts of over $1 million.
Franklin Mint Federal Credit Union Vice President of Lending Allan Stevens recently appeared on local CN8's Money Matters Today.
Mountain America Credit Union has named Denise Dubek as relationship manager of the Women's Financial Services Network.
UNITED SA Federal Credit Union Mortgage Loan Officer Kris Stanzione promotes the credit union's "Pony Ride" giveaway at the recent Builders Showcase Expo held in the Alamodome.
The Texas Credit Union League's 11th Annual Lone Star Awards honored several marketing powerhouses during its annual conference.
Who knew that inspiration could be found in a can of soda?
First Financial of Maryland Federal Credit Union has cut the official ribbon on its first student branch at Dundalk High School. The Owl branch, named for the high school mascot, is designed to give high school students real world experience of working at a credit union while learning important financial...
Redwood Credit Union recently hosted a grand opening event to celebrate its new full-service branch in Point Arena, Calif. The branch was decorated in a festive harvest theme, and some 200 attendees enjoyed a ribbon-cutting ceremony, catered food and beverages provided by local vendors, a face painter for kids, door...
Electro Savings Credit Union has cut the ribbon on its new branch in Wildwood. Designed by local facilities firm NewGround, the new full-service facility features four drive-up lanes, ATM access, Internet access and other member conveniences. Joining Electro Savings board and staffers for the ribbon cutting were State Rep. Albert...
Founders Federal Credit Union invited over 300 members to a special tailgating party to mark the opening of its newest facility in Chesterfield County. The 2,300 square-foot facility offers a spacious lobby, three drive-thru lanes and a drive-up ATM. The sports themed event offered food, fun and the chance to...
With a flat yield curve and tight margins forecast to be with us for a while, every credit union is looking for ways to operate leaner and more efficiently. Initiatives that can help you grow without increasing head count or save money that can be reinvested into member service are...
Looking back six years ago finds a number of pro-credit union candidates winning their races.
I have recently seen articles in Credit Union Times about the need for credit unions to increase fee income. Let's take a look at one source of fee income: credit cards. I am all too familiar with credit union card programs and fee structures as I constantly review numerous facets...
"What can shared branching do for me, really?" There it is, the million-dollar question, the one we aim to answer everyday. How do I respond? By turning the question around. The real issue credit unions should be focusing on is: What can't shared branching do for me?
The Democrats took commanding control of the House and a narrow advantage in the Senate.
D. Hilton Associates, The Woodlands, Texas, has promoted Janice Shisler to senior vice president of recruiting and Marcus Cotton to vice president of recruiting. William Mills Agency, the Atlanta-based independent public relations firm serving the financial industry, has promoted Andrew McCaskill to group director. PCi Corporation, part of Wolters Kluwer...
Credit Union Central Falls, Smithfield, R.I., named William Cruz bilingual loan originator. HarborOne Credit Union, Brockton, Mass., has promoted Joseph F. Casey to executive vice president and chief financial officer. Service Credit Union, Portsmouth, N.H., has appointed Penelope Benson and Hyla Richmond to member service representatives, level I at it's...
Unitus Community Credit Union, Portland, Ore., mourns the loss of Tom Bushman, a supervisory committee leader since 2001 and a credit union member since 1955. Bushman joined the credit union 51 years ago as an employee at US West, when Unitus was Oregon Telco Credit Union and exlusively served the...
Altura Credit Union, Riverside, Calif., has named two new managers, Olivia Grimke has been named regional sales manager, and Brenda Grenon has been named retail branch manager. LBS Financial Credit Union, Long Beach, Calif., has promoted Erin Corbitt to vice president/office manager of its Los Altos area office and Erin...
E1 Financial Credit Union Vice President of Lending Ray Bartus has been appointed to the Alhambra Chamber of Commerce board.
After some 36 years of serving on the Point Loma Credit Union Board change is the only constant says former Chairman David Washburn, who recently announced his retirement.
Forest Kraft Federal Credit Union Board Chairman Joe Phillips has recently been honored with the 2006 "Director of the Year" award at CU Conferences' National Directors Roundtable Conference held at Caesars Palace.