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WASHINGTON-NAFCU hosted a breakfast last week for a number of the Blue Dogs, a group of 39 moderate Democrats in Congress, many of whom serve on the House Financial Services and Armed Services Committees. To help illustrate credit unions' efforts with the military, NAFCU brought along Pentagon Federal Credit Union...

WASHINGTON - Credit unions successfully mustered their grass roots support late on September 14 when they successfully blocked a measure which would have made it significantly more difficult for them to serve immigrants. On July 15 credit union lobbyists had been surprised when Representative John Culberson (R-Texas) sponsored an amendment...

DALLAS - TNB Card Services, the card processing arm of credit union owned Town North Bank has picked up four more credit union credit card portfolios and entered into agent agreements with the credit union sellers. The credit unions are in Illinois, Missouri and Ohio and together represent over $10...

LAKEWOOD, NJ. - The Credit Union's Virtual Assistant riddle contest continues. In an effort to draw attention to a marketing strategy it claims most credit unions ignore CUVA penned the following riddle: "All the Money in the World Can't Buy it Though High Returns Would Justify it" "There's No Risk...

WASHINGTON-CUNA has asked the Federal Trade Commission to create a carve-out in its proposed regulation under the CAN-SPAM Act (Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003) for credit unions or trade associations. The law charges the FTC with issuing rules defining when an e-mail has a...

Contests seem to be all the rage these days. Why even the banking industry has taken to awarding prizes as part of their ongoing anti-credit union campaign. Banking industry rewards are given for something as simple as writing a letter to lawmakers blasting CURIA, to catching credit unions in the...

ALBUQUERQUE, N.M. - State and federal regulators may have differences of opinion on several issues, but they should be on the same page when it comes to generating membership growth to protect the safety and soundness of the credit unions they regulate. Speaking on day three of NASCUS' Annual Conference,...

*Home Equity Conversion Mortgages (HECMs) account for approximately 95% of all funded reverse mortgages in the U.S. *Loan limits for the two most prominent types of reverse mortgages - HECMs and Home Keeper Loans - rose sharply in 2004 to $290,319 and $333,700 respectively, to match the increases in Fannie...