News

There has been some closure on Wings Financial FCU's attempt to engineer a hostile takeover of Continental FCU, but readers believe the effects will be felt for some time.

The National Cooperative Business Association has recognized Senator Tim Johnson (D-S.D.) with its Honored Cooperator Award for his longtime support of cooperative business.

As an annual rite of passage, The Hill newspaper names its picks for the top lobbyists in Washington.

MILFORD Ohio - For the past few years loyalty and reward programs have been a staple of the U.S. credit card industry - and one where some credit unions have believed they could not easily compete.

The Credit Union Regulatory Improvements Act (H.R. 1537) is gaining steam as five more lawmakers add their names for a total of 68 co-sponsors.

The Maine Credit Union League has unveiled a new Web site (www.mainecreditunions.org) and its new 2007 commercials that have started airing as part of its Statewide Advertising Awareness Program.

Through a collaborative effort, SAFE Credit Union has been able to build stronger relationships with members who came in via the indirect lending route.

The Community Reinvestment Modernization Act (H.R. 1289) does not mention credit unions in its current form, but a CUNA lobbyist said it might not stay that way.