News

MADISON, Wis. -- Under the dark cloud of a recession, it may be hard to calm jittery investors but patience may be key as banks continue to make adjustments with their capital and lending efforts.

TULSA, Okla. -- Culminating what it said was a nationwide search, the Oklahoma Credit Union League went ahead Tuesday and named its long-time interim manager, Debra J. Morrow Ingram as its permanent president/CEO.

ALEXANDRIA, Va. - David Marquis, who has run NCUA's Office of Examination and Insurance since 1994, will become the agency's executive director as of January 1, the NCUA board announced today.

LITTLETON, Mass. -- Northern Massachusetts Telephone Workers Community Credit Union is the latest to partner with Octant Business Services, a commercial loan underwriting and servicing CUSO.

BELLINGHAM, Wash. -- In time with the holiday "and a gloomy economy," the $130 million Industrial Credit Union is giving away extra cash in one of its ATMs as part of a new branch promotion.

WASHINGTON - CUNA's political action committee-Credit Union Legislative Action Council-raised $4 million in 2007 and 2008, the group reported today.

MADISON, Wis. - CUNA Mutual Group is offering a pair of white papers aimed at helping credit unions protect themselves against potentially uninsurable risks from a couple of online banking products that are rapidly growing in popularity.

MANHATTAN BEACH, Calif. - The $4 billion Kinecta Federal Credit Union co-hosted the 35th Annual Nix Check Cashing Holiday Food Drive on Sunday, November 23, which raised more than $110,000, and distributed food and gift cards to 1,200 needy families.