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Many credit unions are discovering that developing a package of business services to their product offerings is an appropriate strategic direction. This could be the next area of growth for credit unions. Many of their existing members run small businesses and would like the credit union to provide them the...

Global Credit Union, Spokane, Wash., has named Mardel Reynolds real estate clerk. Suncorp Corporate Credit Union, Denver, Colo., has elected Donald Killeen board director. Denali Alaskan Federal Credit Union, Anchorage, has promoted Jamie Tambornino to Anchorage branch manager. Nebraska Credit Union League, Omaha, has elected Post Office FCU Manager Linda...

WASHINGTON - Identity theft complaints doubled in 2002 according to a just-released Federal Trade Commission study. FTC Bureau of Consumer Protection Chief Howard Beales reported that the increase in complaints comes with greater public awareness of the problem, which in part has been prompted by the agency's efforts and recent...

WASHINGTON - The record low interest rate environment over the past 16 months was not only good for credit unions' mortgage portfolios, it also lowered their cost of funds and boosted their Return-on-Assets to record highs. "The very thing that caused high volumes of refinancing - record low mortgage rates...

ALEXANDRIA, Va. - NCUA reminded federally insured credit unions in the seven states that make up the Fourth Circuit and Seventh Circuit that because recent appellate court rulings decided that "mark-ups" - the practice of charging a consumer more for a third party's settlement services than is actually paid to...

ALEXANDRIA, Va.-NCUA issued Jefferson Community Development Federal Credit Union, a faith-based credit union located in Birmingham, Ala., a charter last month. Residents who live, work, worship or attend school in the northeast corner of Jefferson County will be eligible for membership. "NCUA's emphasis on the role faith-based institutions, such as...

TUKWILA, Wash. - By most economists' estimates, the refi boom of 2002 and the period of record-low mortgage rates are beginning to wind down, but not before Prime Alliance Solutions closed its second year in business with nearly four times the mortgage loan volume it did in its first year...

TAMPA, Fla. - Credit unions not wanting to lose members to big banks may have to consider giving their members weekend access. Bank of America, one of the nation's largest banks, announced that it will be offering Saturday hours at more than 80 South Florida banking centers. Saturday hours of...