A combination of election year politics, budget constraints and Washington travel fatigue is putting a crimp into the traditional D.C. "Hike the Hill" treks conducted by state leagues during September.
Several more credit union leagues called off their annual Hike the Hill trips to Washington in September citing budget factors, D.C. travel fatigue and-with the exception of member business lending-Congressional inattention to industry issues.
Toledo area credit unions have been fundraising to help victims of the recent tornadoes that ravaged rural communities in Wood County, Ohio, and severely damaged the offices of the $8.9 million Woodco FCU of Millbury.
Ohio has a former community bank CEO, Carolyn Bradford, as its new credit union regulator.
The Ohio Credit Union League is celebrating what it said was a record, fifth straight quarterly increase in credit union members. Roughly 10,000 Ohioans joined credit unions in the first three months of 2010, the league said.
Ohio Governor Ted Strickland has named a former banker to be that state's next CU regulator.
Closed by last Saturday's tornado heavily damaging its offices, the $8.9 million Woodco Federal Credit Union in Ohio looks to resume skeletal operations today from its new temporary home in Cando CU of nearby Walbridge.
Toledo area credit unions and the NCUA were coming to the assistance of the $8.9 Woodco FCU in Millbury, Ohio, which sustained major damage when a tornado touched down Saturday destroying a high school where the CU is located.
The NCUA should spell out its procedures for finding potential assisted merger partners in a proposed rule and also be more forthcoming about the agency's role in ensuring a merger's success.
Eaton Family Credit Union of Euclid, Ohio, has expanded its mobile banking offering to include the ability to handle more kinds of phones and ways to use them.