Credit Union Times Magazine October-28, 2009

Front Page News


News Briefs

  • CUNA Mutual Issues Flu Alert Warning

    The nation's heightened attention to flu outbreaks prompted a new reminder from CUNA Mutual Group about disaster preparation.

  • CDFI Fund Launches Literacy Pilot Program

    A new grant program from the U.S. Department of the Treasury's Community Development Financial Institutions Fund kicked off last week.

  • Arizona Central CU Closes a Branch

    The cost cutting among Arizona credit unions continued unabated last week with the $423 million Arizona Central Credit Union of Phoenix announcing the closing of one of its 12 branches in a follow up to staff cutbacks that have taken 40 jobs since 2008.

  • Birmingham Attorney Is Mutual Savings CEO

    A Birmingham attorney, Douglas Key, has been named by the Alabama credit union regulator as the new president/CEO of the $195 million Mutual Savings Credit Union, which underwent conservatorship by the state last July.

  • Kan. CUs to Consolidate

    Two of Kansas' largest credit unions, Credit Union 1 of Kansas and Credit Unions United, both of Topeka , with combined assets of $250 million, are planning a merger of equals to take place in 2010.

  • N.J. Green Machine Tracks Down Members

    Money was literally on the move during the Dominican Day Parade in Patterson, N.J., courtesy of North Jersey Federal Credit Union's Green Machine.

  • United FCU Chairman Steinke Passes Away

    United Federal Credit Union is mourning the death of Chairman John Steinke.

Tech Bytes

Editor-in-Chief's Column

Letters to the editor

  • It Depends What 'Member' Means

    Unfortunately, Sarah Snell Cooke's Oct. 7 column did not accurately reflect NAFCU's position, the law or regulation in addressing alternative capital that might be provided by "members" of a credit union.

  • Volunteers Need to Lobby

    Overall I agreed with the Editor-in-Chief's column (Sept. 30 issue) and its direction. However, I feel you missed an important opportunity as it relates to volunteers.


On-Site Conference Coverage

Focus Report



    Holy Rosary Credit Union, Rochester, N.H., announced the promotion of four employees. Carolyn Wood was promoted to branch manager of the credit union's Rochester branch.


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