News

A newly-revamped TV ad campaign launched last month by the Maine Credit Union League now has new urgency for CU advocacy "considering the competition we're facing from Internet providers and outsiders like insurance firms," the head of the league's ad committee said Monday.

The branch of the $120 million Mid American Credit Union that was among the 95% of the town of Greensburg which was wiped out by a killer tornado on the night of May 4 was not a stand-alone structure with a staff, according to the CU's marketing director.

The House Financial Services Committee legislative assistants will be getting an earful on credit union to mutual savings bank conversions at a briefing later this week.

The Credit Union Regulatory Improvements Act (H.R. 1537) continues to gain steam as four more lawmakers added their names to the list of co-sponsors.

Philadelphia Federal Credit Union and the Credit Union of New Jersey have linked up to form East Coast Business Lenders, LLC.

Marking the one-year anniversary of fundraising, the "Biz Kid$" credit union TV show took center stage here last night complete with producers, young actors and a contingent of local and national CU execs joining for a screening of the PBS broadcast airing this fall.