News

For many members of Generation Y, a car is their first large purchase and GrooveCar is reaching out to the group with buying, selling, leasing and financing education in the form of a blog.

Legislation to reform the government sponsored enterprises was still being marked up at press time last week, but one provision supported by NAFCU had been accepted by the committee.

While the National Association of Realtors reported the largest monthly rise in home sales in three years during the month of February that gain was prior to concerns over the subprime market struck.

Making new use of viral marketing "to generate a little buzz", CUNA this month is adapting a bit of humor and fun utilizing videos of its top elected officers to promote its big June meeting, America' Credit Union Conference & Expo in Las Vegas.

With a recruitment search under way, the Arizona Credit Union System said last week it could hire a new president/CEO replacing its retiring veteran manager Gary L. Plank within two months.

Putting an end, at least for the time being, of the Optiva name change controversy, the chairman and two directors of the $544 million University of Iowa Community Credit Union have been re-elected to the CU board surviving a dissident challenge at the annual meeting.