Taking account of what he called the growing "mess in mortgages," Jim Blaine, the president/CEO of State Employees' Credit Unioin, speaking before CU directors Wednesday plugged his CU's own ARM product as a profitable vehicle that greatly serves members' needs.

The administration at Arizona State University expressed thanks Tuesday to the $1 billion Arizona State Credit Union for devising a "rescue" loan package to aid employees who have undergone financial hardship following a payroll conversion.

The administration at Arizona State University expressed thanks Tuesday to the $1 billion Arizona State Credit Union for devising a "rescue" loan package to aid employees who have undergone financial hardship following a payroll conversion.

The recently concluded session of the Oregon legislature provided key victories for credit unions including the right to handle an array of nonmember products, accept homeowner and condo deposits, plus new oversight on financial literacy.

A group of Evansville area credit unions are getting an early start on planning for International Credit Union Day Oct. 18 with a co-op ad campaign and a media blitz highlighting a $50,000 fundraiser to build a home for Habitat for Humanity.

In a gesture of gratitude to local law enforcement, the $600 million American Heritage Federal Credit Union has donated $5,000 to a suburban police department for the purchase of Taser guns.

The task of finding out why credit unions resign state leagues or how to get disaffiliated ones back into the fold is turning out more complex than many envisioned, according to the leadership of the American Association of Credit Union Leagues.

The nationwide mortgage jitters marked by last week's collapse of American Home Mortgage should demonstrate to credit unions the need to stick to basics and "partner with those you know," a major CU service vendor said this week.