News

NCUA Chairman Michael E. Fryzel said he plans to include funding for a new Office of Consumer Protection in the agency's budget for next year.

The $1.2 billion Eastern Corporate Federal Credit Union and its Kansas City-based communications firm, MJB Public Relations Group, have been awarded a Bronze Quill from the Kansas City/International Association of Business Communications.

The $4 billion Alaska USA Federal Credit Union offers membership to those who live or work in Alaska and Washington.

With an eye on the state's 14.1% unemployment rate, the $1 billion Michigan Schools and Government Credit Union said last week its program to aid adult workers in finding new jobs "has more significance than ever."

The merger trend took center stage last week with a trio of Milwaukee area credit unions, all affected by February's collapse of Central States Mortgage Co., opting to look for merger partners.

There has been a changing of the guard at the National Federation of Community Development Credit Unions.