News

Recognizing one of its most distinguished alumni, the Illinois Credit Union League has inducted former CUNA Chairman Dick Ensweiler into its Hall of Fame.

Hudson River Community Credit Union CEO Susan Commanda told several committees of the New York Assembly that credit unions work to keep the costs of their credit card offerings low for their members.

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,...