News

NCUA Chairman JoAnn Johnson has added the Hope Now hotline to the MyMoney.gov Web site. The hotline gives consumers access to HUD-approved credit counselors who provide important resources for struggling homeowners, Johnson explained when making the announcement.

With credit unions everywhere making the most of large dividend payouts, Michigan' s largest credit union--the $1.8 billion DFCU Financial CU--used the occasion of its $17 million distribution last week to remind the public via the Internet of its special economic role and to sharpen the CU "difference with banks."

World Council of Credit Unions has launched its redesigned Web site, www.woccu.org, which offers a more integrated look at the international credit union system and WOCCU's work around the world. The site also provides various resources on research and best practices in credit union development.

For Navy Federal Credit Union, branching out has been essential to enhancing its first-class member service and providing more member convenience.

The banking industry in Utah may have more lobbyists but the Utah League of Credit Unions President/CEO Scott Simpson got singled out last week as the top spender treating lawmakers during 2007, according to a state report.

There has been a few senior staff moves at Mid-Atlantic Corporate Federal Credit Union.