News

WEST PALM BEACH, Fla. - In 2005 creativity in showcasing the credit union difference was key in credit union marketing efforts. Beyond just billboards and television/radio spots credit unions opted to play up their brand identity with a focus on stepping up to sponsor local and national events ranging from...

RANCHO CUCAMONGA, Calif. - David L. Chatfield announced his retirement as CEO of the California Credit Union League earlier this year. "I would expect by January 1, give or take a couple of days, an announcement will be made," said Diana Dykstra, chairman of the league's search committee, regarding a...

MADISON, Wis. - Credit union veteran Pete Crear only got to be retired for about six months before he was picked by the World Council of Credit Unions as its new president/CEO. Crear succeeded Arthur Arnold who left WOCCU in January after leading WOCCU for five years. Dr. Brian Branch...

SACRAMENTO, Calif. - The California state legislature passed a controversial elder abuse bill on August 15, the first day the body reconvened from summer recess. It was signed into law by Governor Schwarzenegger, and takes effect January 2007. SB 1018 requires financial institution employees to act as mandated reporters, with...

The end of the year may be near, but there are plenty of news stories breaking. Turn to page 3 for two of the biggest. The $4.5 billion Mid-States Corporate and the $3.9 billion Empire Corporate have announced merger plans. And, don't look now, but another billion dollar credit union...

WASHINGTON - The Treasury Department's Community Development Financial Institution's fund survived to make more grants in 2005, mounting an effective lobbying and political effort among its friends in Congress which kept it from being largely shut down and its appropriations divided up among a block grant program that would have...