News

New York State Credit Union League Vice President of Governmental Affairs Amy Kramer spent Jan. 4 running the marble halls of Congress. Kramer visited with nearly every New York representative. "Both members and their staff were in festive moods with many offices holding open houses for friends and family following...

Federal Reserve Board Governor Susan Schmidt Bies told a room full of credit union representatives that she personally was supportive of the idea of risk-based capital in general.

United Teletch Financial Federal Credit Union has been recognized as a "Best of the Best" performer by Mount Laurel, N.J.-based PHH Mortgage. United Teletech Financial works with PHH to fund members' first mortgages.

Moody's Investors Service looks at corporate credit unions with the same eye it does all the organizations it rates, according to Senior Vice President Blaine Frantz.

CU BizSource has certified three more credit unions for participation in the Credit Union System Fund.

More than 100 credit union leaders turned out for a reception Jan. 11 to welcome Mark Cummins as the new president of the Minnesota Credit Union Network.