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WASHINGTON-Despite the strict lines drawn between credit unions and banks in Utah, two of Utah's three congressmen have signed on as co-sponsors of the Credit Union Regulatory Improvements Act (H.R. 1375). South Dakota's lone representative also jumped on the bandwagon. Utah Republican Congressmen Chris Cannon and Rob Bishop added their...

CUNA President/CEO Dan Mica (left) and NAFCU President/CEO Fred Becker goof off a bit in Alexandria, Va. recently during a celebration of the new affordable mortgage program at Shiloh of Alexandria Federal Credit Union. A number of political players attended the event. See the full story on page 46.

GLASTONBURY, Conn. - A pair of southwest Ohio credit unions are moving onto Open Solutions Inc.'s core processing platform and forming a CUSO to increase their own efficiencies and re-sell OSI technology in their area. The credit unions are $142 million AurGroup Financial Credit Union in Fairfield and $120 million...

NEW YORK - More than 100 people turned out for the combined grand opening of the Lower East Side People's Federal Credit Union's very first branch, on the ground floor of a new cooperative housing effort. The $13 million credit union's opening took place in conjunction with the opening of...

ATLANTA - Another credit union has had to revamp because of changes with its major sponsor. As a further sign of the times, the $37 million Rich's Employees Credit Union is changing its name to Retail Employees Credit Union following the recent announcement by Federated Department Stores to drop the...

CAMBRIDGE, Mass. - Mobile wireless gathered big headlines and few adopters when it hit credit union land a couple years ago. A new report from Forrester Research shows that financial services as a whole are moving more slowly than other industry sectors in offering applications and services through the air....

ALEXANDRIA, Va.-Shiloh of Alexandria Federal Credit Union officials were flanked by Congressman Jim Moran (D-Va.), Alexandria Mayor William Euille, NCUA Board Member Debbie Matz, and others during the unveiling of the CUs new affordable mortgage program. The $1.4 million credit union with just over 800 members in an underserved area...

CHANDLER, Ariz. - The Association of Corporate Credit Union's annual conference in Chandler, Arizona held last week featured a presentation from Kevin Warsh, Special Assistant to the President for Economic Policy. The Association of Corporate Credit Unions has been trying to raise corporates' political profile on Capitol Hill, and what...