News

With $4.5 billion in assets and more than 70 years of experience, it's perhaps not surprising that Chicago-based Alliant Credit Union long preferred traditional methods for member acquisition and service.

While having long been strong supporters of U.S. Treasury Department's Community Development Financial Institutions Fund, credit unions have not always received as much from the Fund as they might have. This year is not one of those years.

As it seeks to sell off faulty loans and find eventual buyers for the failed Norlarco Credit Union as well as an Ann Arbor, Mich.-CU in similar straits, NCUA moved quickly here last week to calm jittery members.

The "BizKid$" TV show, financed by a credit union consortium and set for airing on public television, will now be broadcast Jan 8 with some 100 U.S. stations participating, according to officials of the show and the Washington Credit Union League.

CUNA will be testifying at a House Small Business Committee hearing Thursday on funding for SBA programs.

NASCUS President/CEO Mary Martha Fortney announced the promotions of several key staff members.