Credit Union Management

WASHINGTON -- More than 1,100 people paid $200 apiece to attend National Credit Union Foundation's Wegner Awards Dinner this year, gathering for the first time in a ballroom of Washington's Grand Hyatt hotel to roar their approval of three credit union heroes.

The board of directors of E*Trade Financial Corp. have elected Chairman Donald Layton as its new CEO effective immediately.

Patelco Credit Union and Mission SF Federal Credit Union (formerly Mission Area Federal Credit Union) have joined forces to open a new shared branch in San Francisco.

America First Credit Union has hosted a grand opening of its 76th branch.

The practices of the broker-dealer and investment adviser industries and their relationships with investors are housed in a new RAND Corporation report, put together at the request of the Securities and Exchange Commission.

GCS Credit Union has officially broken ground on its seventh location in Collinsville.

CUNA Mutual Group Senior Vice President Larry Blanchard moderated a panel discussion and update on unrelated business income tax at GAC that reported an expected two years ahead on the recent suit filed with the Wisconsin Federal Court.

CUNA's Governmental Affairs Conference displayed its usual elements this year. Politics, legislation and Hill visits played a part, as did a customary defense of credit unions from banker attacks and a measure of pageantry at the opening general session.