News

Eight years ago, Ron Daly committed his future to a new idea and a single client.

Last year proved to be a record setting one for contributions to the Credit Union Legislative Action Council, CUNA's political action committee. According to Richard Gose, CUNA's senior vice president for political affairs, CULAC brought in more than $2 million.

PSCU Financial Services feels so strongly about collaboration within the industry that it has contributed another $50,000 for a total of $100,000 to NACUSO's National Center for Collaboration and Innovation. The center was created in May 2007 to serve as a clearinghouse for collaborative and innovative efforts.

It comes to political fund raising, Illinois women golfers appear to be showing the way after collecting a record $20,750 from a single, ladies-only golf tournament held by the Illinois Credit Union League.

One of the first objectives Bill Beardsley will take on as the new chairman of NACUSO's Business Services Advisory Board is to find out how many business services CUSOs are actually out there.

Organizers of the social network lending pilot launched by British-based Zopa Ltd. said credit unions' role is certain to climb soon, considering the participation of the big Member Gateways consortium of South Bend, Ind.