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High Capital Not Unusual for LOMTO FCU

By Staff Writer

NEW YORK - Under other circumstances, Richard Kay might consider LOMTO FCU's 21.04% capital-to-assets ratio high. But considering virtually all of the $111.2 million CU's loan portfolio is made up of small business loans, the president/CEO doesn't think so. "It's a good position to have a high capital level in...

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Empire and Mid-States Complete Merger Deal

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Canadian CU Not Afraid to Let Members Know About Dues Commitment

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July 11, 2006

Despite Some Pressure, Spirit of Cooperation Still Alive in CU Industry, Executives Say

ARLINGTON, Va. - In spite of feeling some pressure and even taking some lumps lately, the spirit of cooperation that has characterized the credit union industry from its beginning remains alive and attractive, executives who work close to the heart of that industry reported. Shared branching may be about the...

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July 11, 2006

Offerings Make a Difference at LA DOTD FCU, NAFCU's Small FCU CEO of the Year

BATON ROUGE, La. - As far as LA DOTD Federal Credit Union CEO Cary Anderson, NAFCU's CEO of the Year for smaller federal credit unions, is concerned, he's just doing his job. LA DOTD is the ninth credit union Anderson has worked at-and where he has remained since 2001-fourth as...

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July 11, 2006

In Their Own Words: From Work in the Community to Not Making the Big Salary, CU Leaders Say Philosophy Lives On

"There are a lot of different things going on in the industry with different strategies being done by different organizations. But the message is not as consistent as it should be. It's certainly part of our strategic plan. [The philosophy] is in our mission statement. On the education front, we're...

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July 11, 2006

In Their Words: Leaders Talk Capital, `Controlled Growth' and Preparing For Future `Dangers' Reasons for High Capital

"I've been here for 10 years. When I got here, there was very high capital, like 30%. We've got it down to about 24%. One reason [for the decrease] is shares have gone down. We give back each and every day. Our savings rates are higher than most credit unions...

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July 11, 2006

Conflicting Opinions from D.C. Leaders on Whether CUs Living Up to the CU Philosophy, What That Is

WASHINGTON - There are some conflicting points of view around Washington over whether the credit union philosophy is alive and well and what that even is. From behind the corner office desks of the two national credit union trade associations, credit unions are doing a fine job of serving their...

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July 04, 2006

Discover Discovery

For those who couldn't make it to CUNA Mutual's well-attended Discovery Conference, coverage can be found on pages 4, 26 and 27.

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July 04, 2006

Scott CU Names New Marketing VP

COLLINSVILLE, Ill. - Scott Credit Union has named Adam Koishor vice president of marketing.

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Top News Stories

High Capital Not Unusual for LOMTO FCU

Empire and Mid-States Complete Merger Deal

Canadian CU Not Afraid to Let Members Know About Dues Commitment

Recommended Just For You

News Stories

Despite Some Pressure, Spirit of Cooperation Still Alive in CU Industry, Executives Say

Offerings Make a Difference at LA DOTD FCU, NAFCU's Small FCU CEO of the Year

In Their Own Words: From Work in the Community to Not Making the Big Salary, CU Leaders Say Philosophy Lives On

In Their Words: Leaders Talk Capital, `Controlled Growth' and Preparing For Future `Dangers' Reasons for High Capital

Conflicting Opinions from D.C. Leaders on Whether CUs Living Up to the CU Philosophy, What That Is

Discover Discovery

Scott CU Names New Marketing VP