News

GENEVA, Switzerland - When writer Sylvia Petter left Australia in 1969, she knew nothing about credit unions. Living first in Vienna, then in Switzerland, and finally France, her credit union knowledge didn't increase. None of these countries have credit unions, although they all have co-operative banks founded or outgrowths from...

HELENA, Mont. - Myrt White had no idea a part-time job would blossom into a 30-plus year credit union industry career. Treasure State Corporate is losing a true treasure in White who announced recently that she would be retiring in January of 2003. While the announcement may seem a little...

Today, consumers are looking for more efficient and cost-effective ways to manage their time, finances and related bill-payment activities. Increasingly, they are finding what they want at credit unions. More and more, consumers are turning to credit unions for a variety of electronic commerce products and online financial services. That's...

Ron Ogata has retired as president/CEO of the $471 million HAwaiiUSA FCU. Find out how this former banker approached the job... See story page 22.

Economists are predicting an upswing in mortgage rates later this year, and CU experts are advising credit unions to revisit their ALM policies. Read about this and more in a special report on pages 16, 17 and 20.

1998 1999 2000 Loans Closed Loans Closed Loans Closed # $ # $ # $ Jan. 859 104,878 1,919 237,693 467 61,624 June (cume) 9,900 1.2 11,032 1.4 3,941 527,321 Dec. (cume) 20,813 2.6 15,958 2.1 8,790 1.2 Source: Navy FCU