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PHILADELPHIA -The Federal Reserve Bank of Philadelphia has named six credit union president/CEOs to serve on the 12-member Credit Union Council. They include: Dorothy Fox, president/CEO, NE PA Community FCU; Larry Miller, president/CEO, Mennonite Financial FCU; Larry Stoner, president/CEO Susquehanna FCU; Ed Williams, president/CEO, Discovery FCU; Maurice Dawkins, president/CEO, American...

JACKSONVILLE, Fla. - Just like folks abandoned their eight-track players for cassette tapes, Seaboard Credit Union has junked the jukebox and CDs for a storage and retrieval solution that combines lasers and Internet tools to save space, money and time. The CU's new system, provided by a local vendor, ImageStoreHouse,...

The top 50 credit unions with the highest number of member business loans are proving they can hold their own. They also continue to gain ground with SBA loans (see top chart on next page). A growing number of credit unions have seen their loan portfolios grow as a result...

WASHINGTON-A recent report out of the Government Accountability Office suggested that the financial services regulatory structure could be brought up to speed with the times. "Congress may wish to consider ways to improve the regulatory structure for financial services, especially the oversight of complex, internationally active firms," GAO's report read....

Oregon credit unions are open to offering payday loan alternatives, but aren't sure if they want the regulator forcing them their hand. Page 40.

FORT BELVOIR, Va. - More than 60 business partners and community representatives turned out for the launch of Fort Belvoir FCU's new small business services program. Among the attendees was Brian Gagnon, president of Newtek Business Services, Inc., who attended the recent appreciation luncheon. Gagnon introduced Fort Belvoir FCU's merchant...

EL SEGUNDO, Calif. - So you think running a credit union is a tough, time-consuming and demanding job? Then meet Jon Hernandez. He runs three of them. "Yes, it's difficult," confesses Hernandez during an interview at Mattel Federal Credit Union where he serves as president and chief executive officer. "Obviously...

CORONA, Calif. -In conjunction with the opening of its 33rd branch Wescom Credit Union has donated computers to the Quality West Wing Foundation. The Quality West Wing Foundation is a Corona-based non-profit organization that serves as an alternative to costly field trips to Washington for Southern California students. It provides...