• Dallas' oldest credit union changes name

    DALLAS - Dallas Postal Credit Union has been a fixture in this city's neighborhoods for 71 years. Effective July 1, the oldest credit union in Dallas changed its name - to Neighborhood Credit Union - to reflect the importance it places on serving entire communities surrounding its branches. "Because we...

  • Florida league begins "meet and greet" with legislative delegations

    TALLAHASSEE, Fla. - It's been more than six months since last year's Election Day, and the Florida Credit Union League is continuing the momentum of meeting with elected officials to brief them on credit union issues. On July 10, the FCUL held the first of what it says will be...

  • Hawaiian community group to start credit union, bank and mortgage company

    MAUI, Hawaii - If one community group has its way, roughly 135,000 Native Hawaiians will have their financial and mortgage needs met under one umbrella. Hawaiian Community Assets Inc.(HACI), a non-profit community development organization, is in the final stages of establishing a credit union, bank and mortgage lending company to...

  • My pet peeve is "my" too

    I enjoyed reading Mike Welch's publisher's column in the June 6 issue on some of his pet peeves. Very good. I agree with his comments on credit union CEOs referring to the credit union as "my" credit union. But how about credit union CEOs referring to credit union employees as...

  • WEST

    Ent Federal Credit Union, Colorado Springs, Colo., has announced that 20-year credit union board director Charles M. Law has retired. In addition, Ent FCU has appointed the following members to its board: James Stewart, chairman; Teri Huff, vice chairman; Paul Gefreh, secretary; Richard Discenza, treasurer; Stephen David, director; Vernon Finch,...

  • CUNA Mutual, five leagues form HR company

    MADISON, Wis. - In another first for the credit union movement, CUNA Mutual Group, the Massachusetts Credit Union League, Ohio Credit Union League, Pennsylvania Credit Union League, South Carolina Credit Union League and the Virginia Credit Union League have shaken hands on a joint venture to form a national company...

  • Calif. Senate committee oks CU government deposits bill

    SACRAMENTO, Calif. - The California Senate Banking Committee July 5 unanimously passed a measure that gives state and local governmental agencies the ability to deposit funds in credit unions. A.B. 743 was introduced by Assemblymember Robert Pacheco (R-City of Industry) and supported by the California Credit Union League. State and...

  • Mid-Minnesota FCU forms CUSO to carve youth marketing niche

    BRAINERD, Minn. - Capturing the imagination and loyalty of young members is vital to any credit union's future, and now there is a new CUSO dedicating its energies entirely to youth marketing. Brainerd Service Corporation, a Mid-Minnesota Federal Credit Union CUSO, has joined forces with Evolutionary Marketing to form a...

  • Web potential for small business insurance

    BOSTON - A recent report released by Celent Communications, entitled Web-Enabling Small Business Insurance Policy Origination, looks at the potential for selling small business insurance online and six of the new companies that are enabling the market. According to the report, with average annual insurance spending of $2,000 each, upper...

  • Nevada CU raises money in `bailout' drive

    LAS VEGAS - It's not often that credit unions and banks end up doling out `handouts' or charity for the state, but out of self interest a group of 30 institutions-led by one Las Vegas credit union-have come up with a $100,000 bailout plan which solves a computer foul up...