News

More than 270 teachers, credit union representatives and agency staff attended financial education workshops last month sponsored by the Minnesota Credit Union Network and the University of Minnesota Extension, and supported by credit unions throughout the state.

Kent Ash, regional director of American Airlines Federal Credit Union won a cut-crystal Tiffany bowl from Enterprise Car Sales, which specializes in working with CUs of all sizes to increase auto loan volume. Ash won the raffle during the CUNA America's Credit Union Conference in Las Vegas. Anna Scheidt, marketing...

More feedback has come from banking groups on a Securities and Exchange Commission proposed regulation that would exempt banks from having to register with the agency for certain brokerage activities.

Long-time consultant, Jan Dietzenbach has retired after 17 years of service to the Iowa Credit Union League.

NCUA released a legal opinion letter (07-0627) last week clarifying the member-to-member communication provisions in the updated mutual savings bank conversion rule for an attorney at Silver, Freedman & Taff, LLP, which assists in these conversions.

Southwest Business Corporation recently announced that it has added a Reverse Mortgage Division to its credit union mortgage services menu. SWBC President/CEO Gary Dudley said the company recognized the growing demand for the product and was responding to CU-client inquiries.