News

WASHINGTON -- President-elect Barack Obama today named Sen. Ken Salazar (D-Colo.) to be secretary of the interior and former Iowa Gov. Tom Vilsack to be secretary of agriculture.

BRONX, NY -- Despite the current recession-or perhaps because of it-the $15 million Bethex Federal Credit Union has taken a strong position on small business and micro-lending and has recently announced a change to its lending practices.

MADISON, Wis. -- The "Credit Union House" is developing its own brand.

MADISON, Wis. -- CUNA Mutual Group Retirement Plan Services said it has received top rankings for overall client satisfaction, customer loyalty and brand relationship in the Boston Research Group's annual defined contribution provider study.

WASHINGTON -- Yesterday's foes are today's friends.

NEW ORLEANS -- New Orleans Firemen's Federal Credit Union recently reported a fraud breach they believed to have come from a major retailer that has affected approximately 14 of their members' accounts.

WASHINGTON -- West Hartford Credit Union last week became the 14th federally insured credit union liquidated by the NCUA this year after it was closed by the Connecticut Department of Banking.

SAN FRANCISCO -- Patelco Credit Union has questioned ShareBuilder Corp.'s statements yesterday that it plans to keep other CU alliances intact.