SANTA FE, N.M. - That bill introduced in the Congress late in the session by retiring U.S. Rep. John LaFalce (D-N.Y.) to rein in powers of federally-insured state chartered credit unions represents a personal "cause" of the House Financial Services Committee Democrat but represents legislation without "much of a future,"...

SALT LAKE CITY - Utah banks are ratcheting up their campaign to win public support to tax credit unions with a letter by the president of Zions Bank, the state's biggest, sent to state lawmakers urging they look at the tax issue as a means to solve education woes. The...

SCHAUMBURG, Ill. - After years of inaction, shared branching is about to make a break-through in Illinois with as many as 15 credit unions, many of the largest and based in metropolitan Chicago, looking to go "live" with facilities in 2003. The first batch of some 20 shared facilities to...

PHOENIX - The official program of the American Bankers Association annual convention contained nary a mention of credit union competition, but it emerged in a handful of speeches and on the cocktail circuit as a high priority topic. Indeed, the outgoing president of the ABA, James E. Smith, in his...

SIOUX FALLS, S.D. - Closer ties or perhaps consolidation of the North and South Dakota Credit Union Leagues has moved a step closer with the resignation of the North Dakota League's 61-year-old president Buell Reich. Reich, who has been president of the North Dakota Credit Union League the last three...

BILERICA, Mass. - From Bellco Credit Union in Denver to Teachers Credit Union in South Bend, Ind., a two-year old Massachusetts software firm, Experion Systems Inc., has been winning new industry converts this summer to a cost-saving training and customer service tool aimed at improving product selection. The "trusted advisor"...

FORT KNOX, Ky. - Combining targeted marketing and employee incentives, Fort Knox Federal Credit Union is proving members will easily forgo mail for electronic statements, with yearly savings for the credit union on processing and postage expected to reach $100,000. That's the view of the CU's president and CEO, William...

SALT LAKE CITY - The state's banking lobby, locked in a long-standing and often bitter political fight with Utah credit unions, has apparently seized on the shortfall in funding Utah schools as a new reason to start taxing CUs. The banks' move, contends the Utah Credit Union League, comes in...