News

During the Washington Credit Union League's Annual Convention, member credit unions received awards for their efforts throughout the year.

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.

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.

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.

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.

After 13 years of service, Marite Plume, president/CEO of Argonne Credit Union, has announced her retirement effective March 2, 2007.

In response to member requests, Northeast Credit Union has started offering Business Platinum Visa credit cards.

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...