News

Launching new marketing campaigns in the wake of bank failures and the trend of looking for merger opportunities were on the minds of California CU executives last week.

The Credit Union League of Connecticut is urging its members to ignore a call to action by NAFCU on changes to recently passed credit card legislation.

Southwest Corporate Federal Credit Union is making available to credit unions a white paper that examines how market spreads impact relative asset value. A PDF copy is available for download on Southwest Corporate's Web site, www.swcorp.org.

A commercial lending and leasing referral program targeted at credit unions by CIT Group Inc. and MicroBilt Corp. was terminated due to a lack of interest.

Troy Martens, vice president of consumer and real estate lending at Truliant Federal Credit Union, jokes that five years ago, area Realtors knew Truliant more as a place to go for car loans than for mortgages.

Jerry Pavelich has joined CUNA Mutual Group as its new executive vice president/chief financial officer.