Community/People News

So far 91 members of Congress representing 32 states, the District of Columbia and the Virgin Islands have signed on as honorary race chairs of this year’s Credit Union Cherry Blossom Ten Mile Run.

The relief effort by credit unions to aid victims of the Japanese disaster continued this week with Western Bridge Corporate waiving international wire fees for CUs acting on behalf of their members.

For its service to the underserved, ASI Federal Credit Union was recently honored with the Small Business Administration’s Financial Services Champion of the Year award.

This is the first edition of a new Credit Union Times feature, Vox Populi. We pose a question, and industry executives sound off on a timely topic.

When we say that credit unions offer consumers better deals on loans and savings, we have the numbers to prove it.

The $11 million Brooklyn Cooperative FCU has received a $300,000 grant from the Center for Financial Services Innovation to help develop the financial institution interface for a social network savings program.

Local Government Federal Credit Union has demonstrated its commitment to community development with a $1.625 million gift.

The $87 million Shreveport Federal Credit Union has used the long-term funding it received from the U.S. Treasury's Community Development Capital Initiative to grow its portfolio of very small business loans.