News

BROOKLYN, N.Y. -- The $1 billion Polish and Slavic Federal Credit Union appeared to take another step away from its recent past of board infighting and litigation when it opened a new branch in Garfield, N.J. The 32-year-old CU has 70,000 members and now has 11 branches.

FORT WORTH, Texas -- CU Members Mortgage here, which provides mortgage services to more than 850 credit unions, CUSOs and leagues nationwide, announced that Alison Barksdale has been named its the new marketing director.

RANCHO CUCAMONGA, Calif. -- The California and Nevada Credit Union Leagues have named Keri Bailey their new director of state government affairs succeeding Ron Fong.

CHARLOTTE, N.C. -- IBM Lender Business Process Services Inc. and Coastal Federal Credit Union have entered into a five-year contract whereby IBM will provide comprehensive private label mortgage loan fulfillment services.

LAKE MARY, Fla. -- Central Florida credit unions joined Representative Tom Feeney (R-Fla.) for a portion of his annual three-day walk on the Volusia County beaches.

NEW YORK -- Nearly 200 demonstrators, protesting the government-led bailout of Bear Stearns, pushed past security guards and forced their way into the investment bank's high-rise headquarters in Midtown Manhattan.