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WASHINGTON - The top 50 credit unions with the highest individual retirement account balances (IRA) as a percentage of their portfolios seem to mirror the top 50 credit unions in the nation. Over the last five years, IRA credit union balances have risen from 55% to 60%, according to Callahan...

WASHINGTON-Two members of the House Financial Services Committee commemorated the 70th anniversary of President Franklin Delano Roosevelt's signing of the Federal Credit Union Act by having statements inserted into the Congressional Record. House Financial Institutions and Consumer Credit Subcommittee Chairman Spencer Bachus (R-Ala.) and Financial Services Committee Member Darlene Hooley...

ANAHEIM, Calif. - The industry is still buzzing about the anticipation of an SEC rule adoption that opens the door for credit unions to engage in certain transactions without having to register with or as a broker dealer. While that new regulation could come as early as December, it would...

CUSO execs are seeing bigger salaries, while IT exec salaries are down, page 8.

OLYMPIA, Wash. -Washington State Employees Credit Union (WSECU) has literally dressed up its brand by launching a new employee apparel program. WSECU employees throughout the state will now be sporting shirts embroidered with the WSECU logo. "We made the move because we want to make it easy for members to...

WASHINGTON-Four new co-sponsors signed onto the Credit Union Regulatory Improvements Act (H.R. 3579). Representatives Tom Lantos (D-Calif.) and Loretta Sanchez (D-Calif.) added their names to the bill, as did fellow Californian Randy "Duke" Cunningham (R). Congressman Jeff Miller (R-Fla.) also added his name to the list. These four bring the...

RANCHO CUCAMONGA, Calif. - The California Credit Union League beat out 400 entries and received a silver award in the first annual Magnum Opus Awards for the League's manual for credit unions on understanding the multifaceted Hispanic community and how to best provide native- and foreign-born Latinos with financial services....

ALEXANDRIA, Va. - After almost 40 years of not having a state charter and several subsequent false starts over the past three years to implement one, the District of Columbia City Council is considering enactment of a credit union act. At press time, the District of Columbia City Council's Committee...