The $332 million JAX Federal Credit Union has found itself in the uncomfortable position of having to notify 7,500 members that their CU inadvertently exposed some of their personal data on the Web search engine Google.

In a farewell speech, the retiring head of the Arizona Credit Union League lashed out over the weekend at the "get rich" conversion schemers who he charged seek to undermine the movement.

The Government Accountability Office study released today found that banks wrote off more $100 billion off their taxes in 2004 and took tax credits of another $6 billion.

The recent history of credit union-to-bank conversions demonstrates no two are alike but credit union industry group National Center for Member Trust stands ready to act, NCMT Chairman Wendell "Bucky" said.