The Federal Housing Finance Board recently approved a new initiative by the Federal Home Loan Bank of Atlanta to aid financial institutions in smaller communities.
This October will mark Central States Mortgage Inc.'s 10-year anniversary of serving the credit union industry, but the CUSO has had to switch gears rather quickly to address a certain disruption.
An act which would introduce industry card security standards into state law has passed the Minnesota House of Representatives, according to the Minnesota Credit Union Network, the industry trade association which backs the bill.
When the strongest tornado to strike an American town came roaring into Greensburg, Kansas on the evening of May 4, it carried away 95% of the community's structures--including an H&R Block office on the town's main street which had a special relationship with the $120 million Mid American Credit Union....
When Cindy Barco comments on the "cozy" size of the new Tropicana Federal Credit Union branch, she smiles and points out the credit union's first office was about the same size, maybe 10 by 14 feet.
