Capital Communications Federal Credit Union, Albany, N.Y., recently announced the winners of its 2006 Weidner "Ed" Davis Scholarships. Each fall, the Capital Communications Cares Foundation awards $10,000 in scholarships to members of Capital Communications FCU who are pursuing their undergraduate degrees. This year's scholarship program drew a record number of...

Credit unions showed their support for Congressman Tom Reynolds (R-N.Y.) last month.

There are only about a dozen credit unions, according to the Center for Responsive Politics, with active federal political action committees, but those that do, find it advantageous.

Amidst fresh reviews of subprime portfolios, credit unions across the U.S. that hold Centrix Financial indirect auto loans were watching developments here this week as a U.S. Bankruptcy Court began formal proceedings on Centrix' Chapter 11 petition as well as a separate involuntary petition from unsecured CU creditors.