News

MADISON, Wis - Although New York-based Municipal Credit Union could not have made a claim for insurance money to make up for its recently revealed $15 million loss to ATM fraud, and even though the U.S. Congress has yet to resolve the terrorism insurance issue, CUNA Mutual reiterated its commitment...

* John Zimmerman, NAFCU communications manager, was in a meeting with representatives from US Central when one of the gentlemen received a page saying that a couple of planes had hit the World Trade Center. "[M]y immediate thought was no way; there must be something wrong with the message. It...

Credit union fans in N.J. will soon be able to show their appreciation on their bumpers. Page 6.

Despite regulatory obstacles, credit unions are reaching out to small businesses in their field-of-membership and offering member business loans and other business-related services. Read about their initiatives and other MBL news on pages 18 and 19.

SALEM, Ore. - It was described as the "last step" before Oregon's credit union rule on member business loans is finalized. Pamela Leavitt, vice president of government affairs and public relations for the Credit Union Association of Oregon, and CUAO Board member Tim Wheeler, president/CEO, WASHCO Community CU, Hillsboro, Ore....

MECHANICSBURG, Pa. - AmeriChoice Federal Credit Union has added payroll processing to its business services menu, the latest rollout since the AFCU business department was launched in January. Mark Ritter, who joined the credit union early this year to head the department, notes the credit union is relatively new to...