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SWBC Launches Reverse Mortgage Division

By Staff Writer

Southwest Business Corporation recently announced that it has added a Reverse Mortgage Division to its credit union mortgage services menu. SWBC President/CEO Gary Dudley said the company recognized the growing demand for the product and was responding to CU-client inquiries.

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Vrooman to Head Vancity

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Governor Barrasso Named Republican to Replace Late Sen. Thomas

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July 17, 2007

Elliot Bids Farewell to Baylands FCU

After over 31 years of serving BayLands Federal Credit Union, President/CEO Margie Elliot has announced she will retire effective August 1.

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July 17, 2007

Garden Savings FCU Consents to C&D for BSA Violations

Garden Savings Federal Credit Union has agreed to a Cease & Desist Order from NCUA, without admitting or denying fault, for Bank Secrecy Act noncompliance, the regulatory item credit unions often cite as the most onerous.

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July 17, 2007

CNN Money.com Feature Hampel

Reverse mortgages are beneficial for certain older homeowners if all aspects are taken into consideration, CUNA Chief Economist Bill Hampel told CNNMoney.com in a recent article.

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July 17, 2007

NAFCU Dues Dollars Up From Health of Membership

NAFCU collected over $200,000 more in dues in 2006 over 2005, but there has not been a dues increase; it is because of the health of the industry and its membership.

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July 17, 2007

CUNA Gets Clarification On NCUA Opinion Regarding CU Political Activities

NCUA issued a second opinion letter concerning federal credit unions' political activities after a request for "further elaboration" from CUNA.

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July 17, 2007

Continental Airline Employees Still Invited to Join Wings Financial on

The Web site created by Wings Financial Federal Credit Union during its merger campaign towards members of Continental Federal Credit Union has recently been updated with a new invitation encouraging Continental Airline employees to join.

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July 17, 2007

House Committee Chairman Queries Regulators on Social Security Garnishment

House Financial Services Committee Chairman Barney Frank (D-Mass.) has written the five federal financial institution regulators, including NCUA, on compliance with the Social Security Act's prohibition on the garnishment of federal benefits.

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Top News Stories

SWBC Launches Reverse Mortgage Division

Vrooman to Head Vancity

Governor Barrasso Named Republican to Replace Late Sen. Thomas

Recommended Just For You

News Stories

Elliot Bids Farewell to Baylands FCU

Garden Savings FCU Consents to C&D for BSA Violations

CNN Money.com Feature Hampel

NAFCU Dues Dollars Up From Health of Membership

CUNA Gets Clarification On NCUA Opinion Regarding CU Political Activities

Continental Airline Employees Still Invited to Join Wings Financial on

House Committee Chairman Queries Regulators on Social Security Garnishment