The $606 million St. Mary’s Credit Union in Marlborough, Mass, held a ribbon cutting and grand opening for a new branch in Westborough.
Ovide Lamontagne is Manchester attorney, Tea Party favorite and concerned about gaffes like Gingrich lumping credit unions with Fannie Mae.
With two new credit union partners, CO-OP Financial Services is continuing its push into debit processing and ATM management.
Though the political action committees of CUNA and NAFCU backed the unsuccessful Senate candidacy of Rep. Mike Castle (R-Del.) the PACs had some successes yesterday as well.
While credit union representatives each had their five minutes of fame at the House Financial Services and Small Business Committees' hearing on business lending, that was about all the attention they received.
Representatives of CUNA and NAFCU are using appearances at today's joint hearing of two House committees to press their case for raising the cap on member business lending.