News

2005 saw many high-level personnel changes, hitting all areas of the industry. From vendors, trade associations, NCUA and of course credit unions, a number of people have come and gone. Here is a look at just some of the changes in 2005. The list is by no means exhaustive.

HARAHAN, La. - In the early weeks following Hurricane Katrina's, and then Hurricane Rita's, demolition of the Louisiana coastal landscape, one phrase was repeated over and over: nothing is the same. The familiarity taken for granted with living conditions, working conditions, personal relationships, communication, transportation, and even finding sustenance had...

TALLAHASSEE, Fla. - In June of 2004, the members of the $170 million Sunshine State FCU voted to approve their credit union becoming a mutual bank. But in March 2005, the credit union backed off, withdrew its application and left it withdrawn - even though at the time of the...

WASHINGTON-As credit unions receive greater recognition on Capitol Hill, credit union lobbyists find themselves busier each year. In addition to key pieces of legislation, like the Credit Union Regulatory Improvements Act (H.R. 2317) and the enactment of bankruptcy reform, other credit union-specific legislation received broad support in the House. In...

WASHINGTON-The Credit Union Regulatory Improvements Act (H.R. 2317) reached its pinnacle in legislative support thus far in its second full year in Congress. CURIA was backed by 107 lawmakers including primary sponsor Ed Royce (R-Calif.) as of press time, though the bill has hit some snags this year in co-sponsorship....

WEST PALM BEACH, Fla. -Credit unions outgrew their spaces in 2005 as many were either breaking ground or opening the doors to their new headquarters. The year also saw a branch revival as credit unions continued to tie their brand identity into design. To create lasting member experiences, revamped credit...