WINSTON, N.C. - James Gilliam, a pioneer in the effort to bring credit union services to African-Americans and one of the leading lights of the community development credit union movement suffered a stroke and died on November 19. Gilliam was a co-founder and for many years the Treasurer/Manager of the...

ALEXANDRIA, Va. - NCUA has chartered Pioneer Community Federal Credit Union, a credit union which concerned residents of Palisade, Nebraska began forming after an area bank closed its branch in their town. The new credit union will serve persons who live, work, worship, or attend school in the low-income community...

NEW YORK - The National Federation of Community Development Credit Unions has been helping to establish a fledging community development credit union community in Britain, an effort that may finally see the establishment of the United Kingdom's first Community Development Credit Union, according to Cliff Rosenthal, CDCU executive director. A...

BOSTON - There's no question that serving the unbanked can be lucrative -that's been proven by the success of check cashers. The question is how do CUs get at this often tough to reach segment? The answer may be ATMs and check cashers themselves. Contrary to popular opinion, most people...

WASHINGTON - Funding for the First Accounts program, under which the U.S. Department of the Treasury made grants to financial institutions to help people without bank accounts to establish relationships with financial institutions, is stalled in the federal budget process and may be significantly cut from the level the Clinton...

WESTBOUROUGH, Mass. - NCUA Board Member Deborah Matz urged credit union attendees at an Access Across America workshop to partner more with organizations that are part of the Neighborhood Reinvestment Corporation (NRC) as a way of helping more low and moderate income members become homeowners. "NRC's Campaign for Home Ownership...

ST. PETERSBURG, Fla. - The $1.9 billion Pennsylvania State Employees Credit Union, the largest in the state, has agreed to have PSCU Financial Services process its credit and debit card transactions. The 272,000-member credit union, based in Harrisburg, PA., has more than 110,000 credit card accounts and 116,000 debit card...

CHARLOTTE, N.C. - When the Greenville South Carolina Urban League initially asked John Carlson, CEO of the $472 million Charlotte-based Sharonview Federal Credit Union, to consult on getting a credit union started in the historic, but economically depressed, area known as West Greenville, Carlson did not expect that his credit...