News

ALM First Financial Advisors has secured new partnerships with four credit unions.

Convinced future growth is grounded in Select Employee Group business, the $750 million Xerox Federal Credit Union unveiled what it called a "bold" 2008 strategy, whereby it will seek out CU partners in its priority markets in California and the East Coast.

Mike Fletcher, VP of Marketing & Business Development at Point West Credit Union here does a drop-dead serious yet somehow funny presentation titled, "Can Money Make You Sick?"

The good news is the aggregate value of the investment accounts that members have through credit union investment services programs has been increasing in excess of 12% year-over-year since 2005.

SELCO Community Credit Union has recently awarded 130 small grants totaling $30,200 in supplemental funding to K-12 schools in its service area as part of its 2007 Teachers' Mini-Grants Program.

In a move which some have criticized as not deep enough, the Federal Open Market Committee of the Federal Reserve cut its target for the federal funds rate 25 basis points to 4.25%.