News

While CUNA generally leaves state regulatory issues for the leagues to battle out, "fundamental issues" raised in Washington State's consideration of private primary deposit insurance have drawn the national trade association into the fray.

For years the $106 million Champion Credit Union has sponsored a "Member Appreciation Day" complete with free lunch and drinks usually held on International Credit Union Day, but it never got much local attention.

Federally insured credit unions reported solid asset and share growth through the first half of the year, according to NCUA.

In a move to restore order to the financial markets, the Federal Reserve Board approved a temporary 50-basis point decrease in discount window borrowing.

President George W. Bush sent a letter recognizing several credit unions that were active in Operation Best Wishes, a program that helped military families send messages to their family members on active duty via Webcast.

NAFCU Preferred Partner Pentegra Retirement Services has teamed up with State Street Global Advisors to offer target retirement date funds to defined contribution plan participants.