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WASHINGTON-Consumer spending this holiday season could be about the same as last year, according to the fifth annual survey by CUNA and the Consumer Federation of America released last week. This year's survey, which covers holiday spending plans and concerns over debt, for the first time looked into why consumers...

ARLINGTON, Va. - At least some of the American Express cards that card giant MBNA has begun issuing run very heavy toward rewards and privileges. MBNA is a leader in the card industry overall and a leading purchaser of credit union card portfolios. According to one recent offer, the new...

ALEXANDRIA, Va.-NCUA Chairman JoAnn Johnson announced last week that she has put together a working group to discuss operational and examinations issues. The group, comprised of NCUA staff and community development credit union leaders, spun out of a roundtable discussion hosted by the National Federation of Community Development Credit Unions...

MEMPHIS - One day after Sears Roebuck & Co and Kmart announced its $11 billion merger, it's business as usual for Sears Employees Federal Credit Union. On Nov. 16 one-time rivals Sears and Kmart said they would be joining forces to form the third largest retailer in the U.S. The...

District 1: * Bob Corwin, First Technology CU (term expires 2006) * Doug Mountain, Legacy FCU (term expires 2005)* District 2: * Bill Anderson, Mid Oregon FCU (term expires 2005) * Gene Pelham, Rogue FCU (term expires 2007)* District 3: * Shirley Cate, Cutting Edge FCU (term expires 2007)* *...

INDIANAPOLIS - With the kickoff of the holiday season some 35 area credit unions are gearing up to sell Riley Hospital's Holiday Cards. Designed by patients at Riley Hospital, the cards feature each "artist's" name, school, photo and diagnosis on the back. Proceeds from the sales of the holiday cards...

WASHINGTON-Credit unions should be wary of what they ask for when it comes to risk-based capital, according to a letter to NCUA from American Bankers Association Senior Economist Keith Leggett. Following up on the NCUA's Credit Union Capital Summit, Leggett warned credit unions that a risk-weighted system of capital might...

HIALEAH, Fla. - Power 1 Credit Union literally rolled out the red carpet to launch its new "Values" program. Geared to help promote a better work environment and member service, the program revolves around seven core values - Sales is Service; Take the Initiative; Show Respect for Everyone; Empowered to...