News

Desert Schools Federal Credit Union continues to hold the record as the top fundraiser for Children's Miracle Network in the nation, drawing in $340,000 in 2007--a $90,000 increase from a year ago.

Ron Fong, the California league's Director of State Government Affairs, told the Credit Union Times state Assemblyman Dave Jones (D-Sacramento) will reintroduce the Data Breach Bill, AB 779, which was vetoed by the governor last year. The bill, which was sponsored by the league, requires merchants to take financial responsibility...

Despite the large regulatory proposal on the table, it was not the only item on the NCUA's January board meeting agenda.

A group of western Michigan credit unions working under the umbrella of the Kalamazoo Chapter of the Michigan Credit Union League are receiving credit this month for a four-year fundraising venture that helped open the area's first neonatal hospital.

A message from Bradley Rock, chairman of the American Bankers Association, placing opposition to credit unions high on the organization's agenda has riled CUNA.

Like many credit unions, the $94 million Summit Credit Union has had trouble getting any kind of turnout for those free on-premise financial literacy seminars, but now the CU found an economical solution: hold Webinars with online phone conferencing.

To introduce its new Web site, Ascend United, a broker of credit union debt, is giving away one 100 gram bar of .999 pure gold to one lucky credit union person who registers on its newly launched Web site www.ascendunited.com during the three-week period between Jan. 24 and Feb. 14.

Texans Credit Union finished its 2007 fundraising campaign for United Way with a $225,206 donation.