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WASHINGTON-Young and low-income Americans' concern for their personal finances has increased significantly in the past year, according to a study sponsored by the Consumer Federation of America and the Financial Planning Association. The survey, performed by the Opinion Research Corporation International in late April, discovered that less than half of...

LOS ANGELES - Members of Western Federal Credit Union voted overwhelming to approve a merger with TRW Systems Federal Credit Union, officials have announced. Ninety-six percent of the Western FCU members who cast votes at a special meeting supported the merger, officials reported. The resulting credit union, which will keep...

PHILADELPHIA - Hopefully TIVOs or VCRs were set earlier this week to record the nationwide spotlight on American Heritage Federal Credit Union's dedication to service. NFL Hall-of-Famer-turned Fox TV commentator Terry Bradshaw singled out the $360 million credit union as his "Pick of the Week." Bradshaw described his mission to...

OVERLAND PARK, Kan. - No that headline does not contain a typo. Corporate Network Brokerage Services (CNBS) is going to keep the acronym but drop the words it stands for and officially change its name to CNBS. This comes on the heels of CNBS offering natural person CUs an investment...

NEWARK, N.J. - With a recent survey finding that 34% of pre-retirees are in "frail" financial health, credit unions have an opportunity to help educate millions of Americans on becoming more financially fit. A Prudential Financial Inc. study finds that 79% of pre-retirees are not financially ready to retire comfortably....

PURCHASE, N.Y. - Hispanic cardholders are just as likely to use debit cards as credit cards for high-end purchases in the $100 to $500 range, a new survey conducted by MasterCard International has found. The survey also found that debit is the payment option of choice for midrange purchases of...

Mike Welch's opinions stated in his April 17th column, "Recognize Any of These CU Board Members?" provided tinges of honesty combined with many misrepresentations. His column targeted directors seemingly to create separation and controversy that I find appalling. As a credit union director with well over 20 years of experience...

US Federal Credit Union, Burnsville, Minn., has appointed Martin Kelly director of marketing. Heritage Federal Credit Union, Newburgh, Ind., has named LeAnn Cooper assistant vice president/West Side branch manager. Indiana University Employees Federal Credit Union, Bloomington, has elected the following directors to its board Richard Heinz; Bruce Jaffee; Hannah Buxbaum;...