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President George W. Bush, in honor of Financial Literacy Day, held an event at the White House to learn more about financial literacy efforts, such as the work of GECU of El Paso, which was represented by President/CEO Harriet May.

"Bob helped give the Delaware League a national presence it would never have enjoyed," said Joel Romaine, chairman of the Delaware League and vice president/operations officer of DPL CU of Newark, Del.

Citadel Federal Credit Union President/CEO Jeff March recently accepted the Corporate Good Neighbor Hero award on behalf of the credit union at the second annual Literacy Heroes Breakfast.

For some credit unions, it continues to be a hard sell when pitching trust services mostly because it remains the "big unknown," but as banks continue to consolidate and clients are routed to call centers in another state, the timing could not be better, some industry leaders say. For instance,...

Credit unions might be well positioned to take advantage of the retirement income market given the consumer's needs to plan longer for retirement and the growing trend of people waiting until they're closer to their golden years to save.

NCUA issued a legal opinion letter stating that the Federal Credit Union Act trumps Virginia law when it comes to a federal credit union's dividend and fee practices regarding dormant accounts.