WASHINGTON - In a letter to the leadership of the Senate Banking Committee, CUNA President and CEO Dan Mica stated that there is no reason to eliminate the thrift industry's business lending cap of 20% while leaving credit unions' 12.25% ceiling. He wrote that it is "inappropriate, and contrary to...

Alliance Credit Union, San Jose, Calif., has named Jess R. Gutierrez the new senior vice president/CFO. Denali Alaskan Federal Credit Union, Anchorage, Alaska, has appointed Jamie Tamborino to branch manager at the CU's LaTouche branch. Cabrillo Credit Union, San Diego, has elected Anne Stephenson, vice president of compensation, benefits and...

Financial Service Centers Cooperative made a major announcement that will give shared branching members access to kiosks in 7-Eleven stores. Read about that and more credit/debit/EFT news in the special report on pages 22-26.