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WASHINGTON - CUNA admitted this week that its bid to form "distinct" Credit Union Councils at all 12 Federal Reserve Banks is an "ongoing" process after it received a cold shoulder to the idea from the nation's most prestigious, the New York Fed. In a letter sent May 24 to...

Memorial Day Weekend 2004 at Jones Beach, Long Island, New York, saw crowds of nearly 300,000 enjoying the spectacular two-day Bethpage Federal Credit Union Air Show, with such aerobatic attractions as the U.S. Navy Blue Angels demonstration team, shown here.

Chartway Federal Credit Union, Virginia Beach, Va., has named Janet Lawson vice president of finance. PSECU, Harrisburg, Pa., has named Christian Devine marketing communications unit manager. Luso American Credit Union, Peabody, Mass., has elected the following officers to its board: Edward Martins, chair/president; Gaspar Simoes, first vice chair/first vice president;...

I am writing in response to recent letters about contract negotiations at CUNA Mutual Group. Since 1935, CUNA Mutual has enjoyed success and has been one of Madison, Wisconsin's best employers. We have provided valuable insurance and financial services products to credit unions and their members and have been important...

AUSTIN, Texas - Teres Solutions Inc. says it has signed three new credit union users of its indirect lending software: $325 million Denali Alaskan FCU in Anchorage, $400 million Fort Bliss FCU in El Paso, and $394 million Telhio Credit Union in Columbus, Ohio. The three credit unions are using...

HARAHAN, La. - SB 768, a bill that provides procedures for taking repossession of a lender's collateral without judicial process, is expected to be signed by Louisiana Governor Kathleen Blanco this week. Sponsored by Sen. Ken Hollis (R-Metairie), the bill was passed 35-1 by the Senate and signed by the...

HOUSTON -First Educators Credit Union has made a "smart" move to a new name. Effective July 1 the $260 million credit union will change its name to Smart Financial Credit Union. For First Educators Credit Union, entry in the name change game has been sparked in part by its members....

WASHINGTON-On June 3, NCUA Chairman JoAnn Johnson made her first appearance before Congress in her new post as part of a panel of regulators testifying on Bank Secrecy Act compliance. She testified before the Senate Banking Committee that most federally insured credit unions are in compliance with the BSA with...