News

MADISON, Wis. - The World Council of Credit Unions has been awarded over 26,000 metric tons of wheat to support one of its projects against AIDS and HIV in Africa.

The members of DFCU Owners United, the group of members of the $1.8 billion DFCU Financial that opposed the CU's attempted conversion to a mutual bank, seeks help from other credit unions in putting pressure on NCUA.

George Latham, deputy commissioner of credit unions, Virginia Bureau of Financial Institutions, is the winner of the NASCUS 2006 Pierre Jay Award. First presented by NASCUS in 1997, the Pierre Jay Award is named after the first Commissioner of Banks in Massachusetts. NASCUS said the award was created "to recognize...

The regulator membership of NASCUS held their annual meeting on Aug. 11 during the association's State System Summit to vote on candidates for two positions on the NASCUS Board.

John Nelson is very familiar with the Florida mortgage market and credit unions' reluctance to offer loans they consider too risky. But the founder and president of Florida Member's Mortgage says credit unions' attitudes need to change so they can better respond to the state's demographics and members' needs.

Sunmark Federal Credit Union is tapping into the rhythm of the area while building brand awareness among the elusive young adult market.