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WASHINGTON - Protecting credit unions' mission of extending access to financial services in communities that are lacking is at a critical stage, says one Congressman. "Credit unions have been on Main Street helping minorities become homeowners for the first time and helping establish minority-owned small businesses," said Rep. David Scott...

ALEXANDRIA, Va.-Ask NCUA Board Secretary Becky Baker why she's retiring and she will tell you flat out, "My age for one thing." The 17-year agency veteran will be retiring at the end of the month, just in time to plan her 70th birthday party. But retirement means something different for...

WASHINGTON - For the first time, more than half of all credit unions have a presence on the World Wide Web. The latest data from Callahan & Associates shows that 5,304 of 9,488 credit unions in the United States, Puerto Rico, Guam and the Virgin Islands - 56% - now...

WASHINGTON - The Fed increased rates 25 basis points last week to 1.5%. In its statement, the Fed stuck to its "measured" approach, though it's always eyeing the latest data. "With underlying inflation still expected to be relatively low, the Committee believes that policy accommodation can be removed at a...

MIDDLETOWN, Pa. - Although electronic bill pay certainly isn't a new service, credit union organizations are still looking for more effective ways to deliver it. That led to Georgia Central Credit partnering with MY CUr Services, LLC, a wholly owned subsidiary of Mid-Atlantic Corporate, to offer its bill pay services...

The Linux operating system, driven perhaps by concerns of Microsoft security vulnerabilities and orphaned software as well as the appeal of open platforms, continues to make inroads into corporate America. If they're to be taken as a leading indicator, the experience of 140 large North American companies surveyed by Forrester...

GAITHERSBURG, Md. -At Montgomery County Teachers Federal Credit Union, promoting the financial literacy of its members has simply become a way of life. The Maryland State Department of Education has singled out the $306 million credit union by presenting it with the 2004 Outstanding Career and Technology Secondary Business Partnership...

PORTLAND, Ore.- More and more credit unions are starting to turn to their corporates to sell off loans via Charlie Mac. Marion and Polk Schools Credit Union recently completed a $3.2 million sale of auto loans through Northwest Corporate Credit Union's CARPooL program. CARPooL program is a secondary market product...