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Bent on reaching out to young and "less affluent" borrowers with payday alternatives, SELCO Community Credit Union has opened a separate branch-type facility in nearby Springfield to draw new members while soliciting the nontraditional loans.

The Goldenwest Credit Union Annual 5K Run-Walk-Crawl has resulted in an over $35,000 donation to seven local schools.

Iain MacDonald's main job as director-general of the International Co-operative Association (ICA) based in Geneva, Switzerland, is to clarify the differences between co-operatives and business. He complained that the sector is mainly ignored by the media.

After a year on the job, World Council of Credit Union President Pete Crear feels he's "getting the hang" of the job as he told the 1,850 attendees at the opening general session of WOCCU's 2006 World CU Conference.

When John Hume, winner of the Nobel Peace Price, the Ghandi Peace Price and the Martin Luther King award, was asked what he was most proud of during a BBC interview, he replied helping start the Irish credit union movement. Hume founded the first Northern Ireland credit union in Derry...

or so-called sterile--reserves that credit unions and others hold at the Fed could mean capturing a lot of previously missed opportunity income. The Financial Services Regulatory Relief Acts (H.R. 3505 and S. 2856) would grant the Fed this authority. The original purpose of the reserves, NAFCU Chief Economist Tun Wai...