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Wright-Patt Moves 'Out Front' on Foreclosures

By Jim Rubenstein

With Ohio heading the list of states with the highest foreclosures, the $1.26 billion Wright-Patt Credit Union said last week it is pushing ahead with new referral and counseling programs to assist stressed homeowners.

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Industry Notables Contribute Another $17,500 to King Memorial

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Fortney Makes Sweeping Management, Staff Promotions at NASCUS

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October 02, 2007

From Taxicab Medallions to 'Heirloom Tomatoes,' Credit Unions Pivotal in Backing Certain Business Loans

The bread and butter for some credit union business lending programs are tied to unique offerings such as taxicab medallions, crops and agricultural equipment helping to create a "built-in competitive advantage in making these types of loans and unlocking the wealth contained in certain assets," according to a new report.

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October 02, 2007

Higher Net Worth Business Owners Drawn to Credit Unions But Business Deposits Still Not As Strong Compared to Banks

When it comes to attracting small business owners with higher net worth, credit unions are more than holding their own when compared to larger banks.

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October 02, 2007

FSCC Brings 2,000 Shared Branching Locations Online; Touts Low-Income Opportunities

After months of anticipation, the latest significant expansion of nationwide shared branching has come online.

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October 02, 2007

Another Former Credit Union Headed to Capital Markets; Irony Galore Considering CEO's Recent Testimony

Another former credit union has notified the U.S. Securities and Exchange Commission that it intends to reorganize itself into a mutual holding company and to issue stock.

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October 02, 2007

Bellco's 'Texas' Ads Still Stirring Controversy, Security Service FCU Says Campaign Not Affecting Account Numbers

Bloggers were still having a field day last week both praising and taking pot shots at Bellco Credit Union's now controversial "Don't Let Your Money Head to Texas" ad campaign aimed at wooing former members of the defunct New Horizons Community Credit Union.

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October 02, 2007

Eight Years of Stops, Starts, SEC, Fed Finally Implement Bank Broker Exceptions, Credit Unions to Be Addressed Next

When the Securities and Exchange Commission voted on Sept. 21 to approve a rule that would allow banks to continue with certain brokerage activities without having to register with the agency, it looked like credit unions were overlooked.

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October 02, 2007

Credit Unions and Other Depositories Dodge Overdraft Bullet for Now

After delaying markup of the Consumer Overdraft Protection Fair Practices Act (H.R. 946) by one day last week, the House Financial Services Committee has postponed the markup indefinitely.

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Top News Stories

Wright-Patt Moves 'Out Front' on Foreclosures

Industry Notables Contribute Another $17,500 to King Memorial

Fortney Makes Sweeping Management, Staff Promotions at NASCUS

Recommended Just For You

News Stories

From Taxicab Medallions to 'Heirloom Tomatoes,' Credit Unions Pivotal in Backing Certain Business Loans

Higher Net Worth Business Owners Drawn to Credit Unions But Business Deposits Still Not As Strong Compared to Banks

FSCC Brings 2,000 Shared Branching Locations Online; Touts Low-Income Opportunities

Another Former Credit Union Headed to Capital Markets; Irony Galore Considering CEO's Recent Testimony

Bellco's 'Texas' Ads Still Stirring Controversy, Security Service FCU Says Campaign Not Affecting Account Numbers

Eight Years of Stops, Starts, SEC, Fed Finally Implement Bank Broker Exceptions, Credit Unions to Be Addressed Next

Credit Unions and Other Depositories Dodge Overdraft Bullet for Now