HONG KONG -- The U.S. policy on conversions of nonprofit credit unions to for profit banks has drawn a mix of bewilderment and outrage from world credit union leaders attending this year's World Credit Union Conference.

WALNUT CREEK, Calif. -- The $1.2 billion Pacific Service Credit Union has donated money to support a innovative child care program in San Francisco.

BROOKLYN, N.Y. -- As of this year, over 800 students members of the Polish and Slavic Federal Credit Union have found help meeting their educational bills from the credit union, PSFCU announced.

CU Times Senior Staff Reporter

CU Times Senior Staff Reporter

ARLINGTON, Va. -- Credit unions should continue to build their credit card portfolios even in the current economic downturn, analysts said, but they should be careful to target growth efforts.

Hong Kong -- Tom Dorety, CEO of the $6.1 billion Suncoast Schools Federal Credit Union and chairman of the CUNA board of directors said that the way Australian credit unions address disclosing the income of credit union executives and board members might provide a compromise model in the U.S.

HONG KONG -- Should credit unions in different countries around the world consider integrating some of their functions to help them sharpen their competitive edge in their markets?