Part II of an exclusive interview with Richard Mangone, who was sentenced to 23 years in jail for defrauding the Barnstable Community and Digital Employees Federal Credit Unions of $45 million. The article told the story of how Mangone climbed the credit union ladder to a wild high society life that ultimately led to his destruction.

H.R. 1151 was on the brink of approval at this time ten years ago as it was already approved by the House and was being considered by the Senate Banking Committee. The front page article reported a pro-credit union mood at the hearing with brisk testimony and direct answers from credit union witnesses as well as very favorable treatment of the issues by the half-dozen committee members present.

The expansion of indirect lending programs by credit unions developing partnerships with car dealerships grabbed front page news. The concept was gaining momentum in the industry as a means to keep member auto loans at credit unions instead of finance companies. The article also mentioned the Arizona Credit Union League's indirect lending program, "Credit Union Advantage." The article stated how at the time the program had handled over $400 million in loans since its inception in 1994. The article also mentioned an indirect lending program that C-Plant FCU in Paducah, Ky., had recently started that brought in $500,000 in loan volume in its first month. The article ended by discussion how being available at the point of purchase is critical in "this age of convenience."