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In response to your recently expired poll question on awarding patronage dividends (see question on page 10), in my view the question is not worded correctly. At Power FCU, we have given back $1 million four times out of the last seven years. The $1 million giveback for 2004 was...

PHILIDELPHIA-On Jan. 11, NCUA approved American Heritage Federal Credit Union to adopt the city of Philadelphia, with a population of approximately 1.5 million, as an underserved area. President and CEO Bruce Foulke, who has worked in the credit union community for more than 27 years, expressed excitement over the news....

WASHINGTON-CUNA's economists recently took stock of their 2004 economic predictions and determined they came out "reasonably well." "Our forecast for GDP (Gross Domestic Product) growth, the unemployment rate, the fed funds rate and the 10-year Treasury rate were very close to what actually transpired," the economists-Bill Hampel, Steve Rick, and...

MADISON, Wis. - CUNA & Affiliates and Atlanta-based design/build firm IBT have formed a strategic alliance to offer branch design and consulting services to credit unions. According to CUNA Senior Vice President of Strategic Alliance Wes Millar, IBT was selected based on its comprehensive range of services and customized credit...

ARLINGTON, Va. - NCUA's new bank conversion disclosure rule states that a converting credit union must include the disclosures with each written communication it sends to its members regarding the conversion. NCUA requires that the disclosures be offset from the other text by use of a border and at least...

BATON ROUGE, La. - Campus Federal Credit Union has launched its member business lending program. The $290 million credit union, in collaboration with Newtek Small Business Finance, recently launched its member business lending program for members who operate or want to open, expand or acquire a small business or franchise...

ST. PAUL, Minn. - For the second consecutive year, the Minnesota Credit Union Network has created personalized gifts for state legislators. This year the gifts are personalized mugs complete with the legislator's photo, name, party affiliation, district number and home city. The mugs, complete with a letter from MnCUN, a...

CHAPEL HILL, N.C. - With the topic of foreclosure becoming central in the discussion about the expansion of the subprime lending market and increasing concerns about the way predatory mortgages erode housing equity, a newly released report by the University of North Carolina at Chapel Hill's Center for Community Capitalism...