Credit Union Management

LAS VEGAS, Nev. -- Western Corporate President/CEO Bob Siravo wasted no time addressing the elephant in the room during his opening remarks yesterday afternoon at WesCorp's Credit Union Outlook economic and financial conference.

SAN DIEGO -- Through the mire of this week's financial market collapse, many are encouraging credit unions to seize these troubled times to build on their reputation of trust and loyalty.

WASHINGTON -- Seeking to stake out an assertive and activist posture as he begins his tenure, NCUA Chairman Michael E. Fryzel today promised to be aggressive and proactive in dealing with problems faced by individual credit unions and the industry as a whole.

WASHINGTON -- Using references to food, the Wild West and romance, Democratic and Republican House members today praised the work of credit unions during the current financial crisis.

MADISON, Wis. -- In a Hurricane Ike update Monday, CUNA Mutual Group said its on-site catastrophe adjusters continue to have difficulty contacting policyholders because of ongoing search and rescue operations and evacuation orders barring residents returning to their homes.

MADISON, Wis. -- While the collapse of Lehman Brothers and sale of Merrill Lynch would understandably send nervous shivers down investors' backs, members are being advised to take a deep breath, don't panic and keep in close contact with their financial advisors.