Credit Union Times | Accurate and Timely CU News

U.S. Central Investments Still Paying On Par, Despite Loss of Value

By Heather Anderson

LENEXA, Kan. - U.S. Central's October 2008 financials were a mixed bag, with the corporate riding the crest of the Fed fund/LIBOR rate spread, posting a net income of $30 million for October, and increasing year-to-date earnings to nearly $80 million.

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First Tech CU Launches U-Turn Challenge

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Rosenthal Wins Lending Award

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December 01, 2008

Wings Financial Donates to Humanitarian Group for Each New Member Joining

APPLE VALLEY, Minn. -- Throughout the month of December, Wings Financial Federal Credit Union said it will donate $5 to the nonprofit Airline Ambassadors for every new member that joins the $2 billion financial institution.

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December 01, 2008

Investors' Patience Critical as Capital, Lending Finds Footing

MADISON, Wis. -- Under the dark cloud of a recession, it may be hard to calm jittery investors but patience may be key as banks continue to make adjustments with their capital and lending efforts.

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December 01, 2008

D.J. Morrow Named Oklahoma League CEO

TULSA, Okla. -- Culminating what it said was a nationwide search, the Oklahoma Credit Union League went ahead Tuesday and named its long-time interim manager, Debra J. Morrow Ingram as its permanent president/CEO.

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December 01, 2008

Marquis to Be NCUA Executive Director

ALEXANDRIA, Va. - David Marquis, who has run NCUA's Office of Examination and Insurance since 1994, will become the agency's executive director as of January 1, the NCUA board announced today.

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December 01, 2008

Massachusetts Business Services CUSO Adds Partner

LITTLETON, Mass. -- Northern Massachusetts Telephone Workers Community Credit Union is the latest to partner with Octant Business Services, a commercial loan underwriting and servicing CUSO.

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November 30, 2008

Washington State CU Swaps $20 for $50 in ATM Promo

BELLINGHAM, Wash. -- In time with the holiday "and a gloomy economy," the $130 million Industrial Credit Union is giving away extra cash in one of its ATMs as part of a new branch promotion.

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November 30, 2008