News

WASHINGTON-Credit Union Miracle Day, Inc. `got `r' done' for the Children's Miracle Network. Credit Union Miracle Day, Inc., chaired by Northwest Federal Credit Union CEO Juri Valdov, presented Children's Miracle Network with a giant check for $515 million in a ceremony March 30, exceeding their half-a-million-dollar goal; that figure was...

SCOTTSDALE, Ariz. - For federal credit unions approaching their 12.25% member business lending cap, at least one NCUA Board member is empathetic to those that have been waiting for a long time on whether their waiver request will be granted. Grace Mayo, president/CEO of Telesis Community Credit Union, told symposium...

SCOTTSDALE, Ariz. - Of the litany of statistics bandied about in the area of business lending comparisons between banks and credit unions, at least one really hammers home a point. While credit unions continue to make strides in business lending, they continue to remain nowhere near the amount of revenue...

SCOTTSDALE, Ariz. - Chip Filson was taken aback one day last April during a planning session with a credit union. One of the directors asked "if credit unions did not exist today, would we create them" and "what need would they serve." Filson, president of Callahan & Associates, Inc. and...

WASHINGTON-On Sunday, April 2-for the first time in credit unions' five years as title sponsors of the Cherry Blossom 10-Mile Run, which benefits the Children's Miracle Network-runners had excellent weather to compete in. Gilbert Okari of Kenya won the men's race with a time of 47:25, while Lydia Grygoryeva of...

SHREWSBURY, N.J. - WesCorp and VaCorp may be worlds apart in terms of size, $26 billion in assets and $900 million in assets respectively, but they are very similar when it comes to monthly operating expenses/daily average net assets, with each corporate at 0.26% These are the kinds of interesting...