News

Palmetto State credit unions have elected one new director and six incumbents to the South Carolina Credit Union League Board, including MTC Federal Credit Union President/CEO William H. "Bill" Love Jr., who was named chairman.

For its strides in a growing area of service for credit unions, Member Business Lending, LLC has been awarded NACUSO's 2007 CUSO Collaboration and Cooperation Award.

NCUA Board Member Gigi Hyland discussed the need for credit unions to put their focus on their members in all of their efforts.

Primary Financial Company, LLC, a CUSO owned by 29 corporate credit unions, recently appointed new board officers and announced the results of its board election during its annual meeting in Tucson, Ariz.

CUNA Mutual Insurance Society said that the decision to transfer 27 jobs away from its Madison facility and to new facilities in Texas has nothing to do with its recent move to merge CUMIS with the CUNA Mutual Life Insurance company.

Former Ways & Means Committee Chairman Bill Thomas, who instigated reports on credit unions service to those of modest means, has joined the legal and government relations firm of Buchanan Ingersoll & Rooney PC.