Memphis Area Teachers' Credit Union, Tenn., has named Deborah Hughes member connect director. Spartanburg Regional Federal Credit Union, S.C., has named Omero DeLorenzo chief operating officer. Vystar Credit Union, Jacksonville, Fla., has named John Turpish executive vice president/ chief financial officer.
BIRMINGHAM, Ala. - Mutual Savings Credit Union President/CEO and Alabama Credit Union League Board Chairman Dale Dalbey has been named one of Birmingham's "Top 40 Under 40" by the Birmingham Business Journal. This annual ranking honors local individuals who are making a difference in the community. "Aside from being extremely...
WASHINGTON - While concurring with the U.S. Department of Housing and Urban Development's (HUD) objective to increase home ownership among low-income families and minorities, CUNA and NAFCU, as well as the housing Government-Sponsored Enterprises Fannie Mae and Freddie Mac have each sent the agency their comment letters on HUD's proposed...
WASHINGTON - The Consumer Federation of America applauded Sen. Charles Schumer (D-N.Y.) for urging Federal Deposit Insurance Corp. Chairman Donald Powell to "end the misuse of federally insured state banks to help payday lenders evade state usury and small loan laws." In a prepared statement, CFA Director of Consumer Protection...
WEST PALM BEACH, Fla. - Credit unions in the Palm Beach Chapter of the Florida Credit Union League recently teamed up to host a Governmental Affairs Committee picnic for members. Over 325 consumers attended the event to learn more about local and state candidates up for election and their stand...
VANCOUVER, B.C.-Right now, more than 35 million Americans are over 65 and control $10.7 trillion in retirement assets. Credit unions can take some of that for their own, ISYS Director of Resource Development Michael J. O'Brien told participants in NAFCU's 37th Annual Conference & Exhibition. If that sounds like a...
LYNCHBURG, Va. - Those bank attacks - from Minnesota to Utah to here in Virginia - continue to pop up on Web sites, in letters to editors, in financial magazines and on op-ed pages across the land, "like so many bad weeds" as one CU executive put it. The moves...
Marshall McLuhan, the world-renowned communications icon first coined the terms "global village" and "the medium is the message." Today the business of credit unions is the constant invention of new membership villages - community charters, global outreach, new messages, new mediums, and growing confrontations with old financial village merchants (banks)....
CME Federal Credit Union, Columbus, Ohio, former board director Carl Spaeth has died at the age of 78. During his 32-year tenure on the board, Spaeth served in a variety of leadership roles including five terms as board chairman. Spaeth retired from the Columbus Division of Fire after 33 years...
NASHVILLE - Another corporate credit union has joined the ownership ranks of CU Business Group, LLC. This time it's VolCorp. VolCorp joins Mid-States, FirstCorp, Northwest Corporate, First Carolina and Empire Corporate as owners in CU Business Group, LLC, a CUSO originally formed by Northwest Corporate to provide credit unions with...