News

Three Defense Credit Unions were recognized with Distinguished Service Awards by their respective branches of the armed services during the Defense Credit Union Council's 44th Annual Conference. FirstLight FCU, Fort Bliss, Texas, won the Army Award; Navy FCU Athens Branch, Georgia, won the Navy/Marine Award; and Travis CU, Travis AFB,...

The Community Financial Services Association of America hailed a Sept. 4 report from the Government Accountability Office that found some of the Department of Defense's initial report conclusions lacking evidence (see related story, page 1-60-61).

CUNA and NAFCU have clashed over the issue of private insurance with NAFCU coming down squarely against the option from primary deposit insurance coverage.

Clifford Rosenthal, executive director of National Federation of Community Development Credit Unions, will take a trip back into his earlier life when he travels later this month to Russia to participate in a credit union meeting there.

For bringing awareness and integration to its investment program, Redwood Credit Union was recently awarded the 2006 Keystone Award for Integration by CUSO Financial Services, LP.

President George W. Bush announced steps at the national level last week to help keep homeowners in their homes.