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ARLINGTON, Va.-Amidst reports that credit unions' membership growth is declining, NAFCU decided to look into the efforts the institutions are making to reverse that trend. In the latest Flash Report, NAFCU economists analyzed issues and trends related to membership to discover how credit unions retain and grow their membership. The...

ALEXANDRIA, Va.-Oct. 19, NCUA held its first Summit on Credit Union Capital at its Alexandria, Va. headquarters and it seemed the consensus was some reform of the current system of capital and Prompt Corrective Action is necessary. "Capital is a critical issue affecting all institutions, and I believe the time...

GOLDEN, Colo. - More than 11,000 small businesses including Credit Union of the Rockies are embroiled in a telecom nightmare with a bankrupt phone and Internet services provider that they say failed to deliver services. At issue is Newark, N.J-based NorVergence, a reseller of phone and Internet service that declared...

ELLISVILE, Mo. - Losing? Well, it happens to the best. But not trying? That's simply not acceptable to Glenn Barks, CEO of First Community Credit Union. "It bothers me when people don't try," he declares. "At least try. Give it your best shot. Not everybody is going to succeed, but...

A photo caption for an article in the Oct. 13 issue, "Chartway FCU Fundraiser a Hole-in-One for Make-A-Wish" improperly identified Jeff Lester as a board director. Lester is a procuser/director. We regret the error. A photo for the brief entitled "Credit Union Branch Opening a Sweet Event" in the Oct....

WASHINGTON-Credit unions' hallmark bill during the second session of the 108th Congress, the Credit Union Regulatory Improvements Act (H.R. 3579), has enjoyed broad bipartisan support from nearly one-sixth of the members of the House of Representatives. Sixty-nine members of the House have signed onto the legislation, which was introduced at...

RANCHO CUCAMONGA, Calif. - The California Credit Union League, together with CUNA & Affiliates, is making available to all credit unions its Rapid Real Estate Service Web-based tool that allows CUs to quickly process and close mortgages from a nationwide list of providers. Instead of contacting different providers individually, CUs...

WASHINGTON-The credit union trade associations would have a much easier job if bankers in more states took the approach to credit unions that they do in Hawaii. Aside from being an island oasis for vacationers, it is also a break from the ordinary in terms of credit unions and banks....