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TEMPE, Ariz. - Adopting what it says is a more traditional lending "concept," TruWest Credit Union is altering its "one-rate" policy on auto loans for new and used vehicles and also increasing limits and loan-to-value ratios on its home equity portfolio. "At one time we were particularly aggressive on used...

ARLINGTON, Va. - Three community development credit unions are among the very few credit unions to have been awarded support from the U.S. Treasury's Community Development Financial Institutions fund so far this year. The three, the $2.8 million Brookland FCU, headquartered in West Columbia, South Carolina; the $6.9 million Newrizon...

Thanks, Mike Welch, for the great column in the July 14th issue of Credit Union Times - "Some Things Never Change." It prompted me to check my archives. Back in 1966 when I became General Manager of the University Faculty CU in Madison, Wis., I was given a letter from...

Credit Union 24, a member-owned, full-service ATM and POS network provider, has elected the following directors to its board: Envision CU President/CEO Ray Cromer; Suncoast Schools FCU SVP Automated Services Maria S. Garcia; and CORE CU President Paul Simpkins.

I have been out of the office a few days, and in the course of catching up on my reading. I came across the July 14th "master" 144-page issue of Credit Union Times. All I can say is the accolades that the Credit Union Times editorial team earn from its...

GREENSBORO, N.C. - A low voter turnout in the North Carolina primary didn't stop credit union supported and credit union friendly candidates from doing well. In the Democratic race for the 1st District U.S. House of Representatives, G.K. Butterfield who was endorsed by the North Carolina Credit Union League, won...

NEW YORK - Third Party Presidential candidate Ralph Nader has decried payday lending in an article and praised community development credit unions' efforts against the high interest lending. Nader's article, written for In the Public Interest and published electronically by ProgressiveTrail.Org, claims that payday loan outlets have almost doubled in...

HARRISBURG, Pa. - Carl Zysk, NCUA Regional Director for the NCUA Mid-Atlantic Region II, died July 24. He was 81. A native of Erie, Zysk served as an RD from April 1977-July 1980 when he retired from the NCUA as Special Assistant to the NCUA Board. Zysk is survived by...