The Bill and Melinda Gates Foundation has awarded the World Council of Credit Unions $6.7 million to support the Foundation's efforts to grow credit unions in Africa and Latin America. The Gates Foundation also awarded $2 million to the World Council's Worldwide Foundation for Credit Unions.
Members of Lafayette Federal Credit Union fighting the $332 million CU's proposed charter change to a mutual bank collected signatures on a petition requesting a special meeting at which board members could be recalled at its Cabin John branch last week.
The growth of debit cards and the use of home equity cash to pay off credit card debt were two card trends which have benefited consumers in 2006, according to an article on Bankrate.com, a Web site devoted to tracking credit card trends and news.
The 2006 Mission Federal Credit Union Memory Walk, held in San Diego's Balboa Park, helped raise $360,000 for the San Diego chapter of the Alzheimer's Association--surpassing last year's event by more than $100,000.
State Employees' Credit Union Board of Directors posthumously honored Milas Dorsey Kelly Sr. for his role in helping to establish the credit union's statewide branch network.
