The ongoing cutback on travel and conference expense took another victim this week. The Marketing Association of Credit Unions said it is canceling its annual San Antonio convention next month and replacing it with online programming.

"Like many other industry groups, we are forced to postpone our live conference for a year in the interest of our brand, our members and our vendor supporters," said Darlene Kindelberger, MAC chair and also vice president-marketing at Kern FCU, Bakersfield, Calif.

"This was a tough decision for us and one unprecedented," she added.

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