News

In one of a number of public budget hearings to be held by Senate Finance and Assembly Ways and Means, Amy Kramer vice president, Governmental Affairs, gave testimony on behalf of the New York State Credit Union League and the New York credit union movement.

The Small Business Administration is confident President Bush's newly-signed Recovery Rebates and Economic Stimulus for the American People Act of 2008 will register as a win for small businesses.

Assets under management in the MEMBERS Capital Advisors- managed MEMBERS Mutual Funds and Ultra Series Funds Target Allocation and USF Target Date Funds have grown to exceed $500 million despite a slide in the stock market since October 2007.

President/CEO of Member One Federal Credit Union Richard Williams announced that he will be retiring.

The World Council of Credit Unions participated in a U.S. Treasury-led effort to maximize access to financial services for citizens of emerging Latin American countries.

Two big credit unions, one in Texas and the other in Virginia, are showing heightened interest in those high-tech mobile ATMs, making use of them for branding and operational advantage.