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CHICAGO — Among law enforcement credit unions, Scott Arney doesn’t demure a bit about being the poster boy of CEOs making money on mortgages....

NEW ORLEANS — New Orleans Firemen’s Federal Credit Union recently reported a fraud breach they believed to have come from a major retailer that has affected approximately 14 of their members’ accounts. ...

WASHINGTON — Yesterday’s foes are today’s friends....

DURHAM, N.C. — The Center for Community Self Help’s CU expansion to the West Coast has been so successful another CU is seeking a merger with Self-Help Federal Credit Union. ...

WASHINGTON — West Hartford Credit Union last week became the 14th federally insured credit union liquidated by the NCUA this year after it was closed by the Connecticut Department of Banking. ...

WASHINGTON — The Small Business Administration has given high marks to the Department of Treasury’s plan to establish a term asset-backed securities loan facility (TALF)...

NEW HARTFORD, N.Y. – First Source Federal Credit Union is doing its part to help ease the energy crunch by offering a new home energy assistance loan....

SAN DIEGO — Mark Hoaglin, most recently senior vice president of credit unions at LPL Financial Institution Services, has left his post at the broker-dealer giant to start his own business. ...

BOSTON — Credit union card marketers’ competition has largely abandoned direct mail and is turning more toward branches to market their card products, according to a new report from the Aite Group. ...

WASHINGTON — Last year’s failure of Huron River Area Credit Union was caused by poor risk management, executives misleading regulators and regulators not being sufficiently aggressive. ...

FORT WORTH, Texas — CU Members Mortgage was named Outstanding Supplier of the Year by the Credit Union Executives...

SACRAMENTO, Calif. — The Golden 1 Credit Union is helping members save on their next auto purchase. ...

WASHINGTON — Credit union efforts to gain access to additional capital got a boost last week when NCUA Board Member Gigi Hyland promised to accelerate lobbying efforts...

MADISON, Wis. — CUNA Mutual Group Retirement Plan Services said it has received top rankings for overall client satisfaction, customer loyalty and brand relationship in the Boston Research Group’s annual defined contribution provider study....

LANSING, Mich. — In a show of both moral and financial support for beleaguered automakers, the Michigan Credit Union League teamed up with CUNA, other Midwest leagues and General Motors Corp....

SACRAMENTO, Calif. — California league lobbyists are gearing up for a new legislative session that already includes a bill to require a regulatory consolidation plan in line with the U.S. Department of Treasury’s Blueprint....

WASHINGTON — The nation’s economic woes helped spark a 15.7% decline in federally insured credit unions’ net income, the NCUA said. ...

WASHINGTON — Credit unions must not dilly-dally in applying for funds under NCUA’s Credit Union Homeowners Affordability Relief Program. The initiative could help 10,000 credit union members get the terms of their mortgages rewritten. ...

WASHINGTON — NCUA spokesman John McKechnie confirmed that the agency’s new Credit Union System Investment Program, announced Dec. 9, will increase liquidity in the credit union system, not recover corporate investment losses. ...

SAN DIMAS, Calif. — Things are going to get worse before they get better, according to WCFCU economist Dwight Johnston. ...

LAKELAND, Fla. — Even though MIDFLORIDA Federal Credit Union had been offering mortgages for at least a decade, ...

RIVERWOODS, Ill. — An annual survey from the Discover card brand has suggested that credit union card interchange income may be significantly lower this year than last. ...

BURLINGTON, Vt. — There is new leadership at Vermont Federal Credit Union....

WASHINGTON — Be sure not only that a prospective outside vendor is up to the task but also confirm that the task you are asking them to do fits into your strategic plan. ...

Special Report

I am always amazed by the political leadership and media pundits that proliferate doom and gloom during economic contractions. Let’s face facts...

WASHINGTON — As President-elect Barack Obama continues his trademark steady deliberation in selecting officials for his upcoming administrative team, ...

LATHRUP VILLAGE, Mich. — On the decision to offer members of Michigan First Credit Union remote deposit, Michael Poulos ticks off a number of motivators. ...

WASHINGTON — Despite a tumultuous year for lending in states like California, credit unions in the Golden State continue to have some of the most robust member business lending portfolios in the country. ...

Columns

Editor-in-Chief's Column
Credit unions are receiving recognition more and more in the mainstream media. CUNA in particular made a big push in the last couple of years to establish the term credit union as a household word. ...

In light of the economic crisis, Credit Union Times has added a new category to its annual awards. ...

BROOKLYN, N.Y. — Greater cooperation between credit unions in the U.S. and Poland was the focus of a recent New York meeting of executives from Polish- American credit unions and financial cooperatives from Poland. ...

LENEXA, Kan. — Like other corporates, U.S. Central rode the crest of the Fed funds-Libor rate spread, posting a net income of $30 million for October 2008 and increasing year-to-date earnings to nearly $80 million. ...

MADISON, Wis. — Interns that participated in CUNA Mutual’s summer internship program this past summer won the WAVE award in the student category for a video they created that showcased their experience at CUNA Mutual. ...

The bad news just won’t let up. Before it runs its course, this economic recession will have touched nearly every business in every sector of our economy....

PORTLAND, Ore. — There’s no doubt that the industry has experienced some troubled spots in business lending over the past few years....

ARLINGTON, Va. — When it comes to clout for the credit union industry in Washington, two voices are definitely better than one, NAFCU President Fred Becker said last week. ...

People

Millbury Federal Credit Union, Millbury, Mass., announced the appointment of Paul R. Crimlisk to vice president and manager of MCU Commercial Services ...

Other

ORLANDO, Fla. — If credit unions are going to survive the current economic crisis, they must revisit sacred cows, promote true differentiators and adjust capital use. ...

ORLANDO, Fla. — Credit union marketing and branding needs to get with the times. ...

ORLANDO, Fla. — Recently retired Mountain America CU President/CEO Gordon Dames was able to make some bold statements at the CU Business Practices Conference hosted Dec. 4-5 by Credit Union Times and Summit Business Media. ...

Christian Community Credit Union, San Dimas, Calif., participated in Operation Christmas Child for the second year in a row...

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