Credit Union Times Magazine December-09, 2009

Front Page News


News Briefs

  • Defrauded Investors Get $2 Billion From SEC

    The SEC said it has returned more than $2 billion, the agency's largest distribution ever, to investors who lost money through a number of illegal schemes.

  • SELCO Gives $23K

    Teachers will have some extra cash to help their students thanks to $23,037 in grants from SELCO Community Credit Union.

  • Guarantee Extended

    The NCUA announced late last month that it has extended the expiration date of the regulator's Temporary Corporate Credit Union Share Guarantee Program by one quarter,

  • Rebound in CRE Hinges On Access to Credit

    Several market tracking tools have indicated credit availability needs to significantly rebound for any hope of a meaningful commercial recovery in 2010.

  • CU 24 Launches Spanish Web Site

    Credit Union 24, one of two nationwide credit union owned ATM and EFT networks, has launched a Spanish language version of its Web site.

  • Oklahoma Merger Done

    Oklahoma Employees Credit Union of Oklahoma City has completed its merger with the $10 million OKC Thrift CU,

  • Mook Is Alta Vista CEO

    Tony Mook, the former president/CEO of the $147 million Cumorah Credit Union, which fell victim to the Nevada recession and succumbed to an out-of-state takeover, has landed a new CEO slot in California.

  • Addison Ave. Expands

    Addison Avenue has officially expanded its reach in San Jose. The move is a result of the Palo Alto, Calif.-based credit union's acquisition of USE Credit Union's San Jose branch.





Special Report

  • Charitable Giving

    Texans Credit Union, Dallas, raised more than $50,000 for the Juvenile Diabetes Research Foundation at the organization's Walk to Cure Diabetes.





    Chartway Federal Credit Union, Virginia Beach, Va., raised over $400,000 through its charitable arm, the We Promise Foundation.

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