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WASHINGTON-The Washington Post columnist Albert Crenshaw wrote in a recent column that bankers should tend more to the needs of their customers in order to beat out credit unions. The noted columnist suggested in his Cash Flow column that banks' service and pricing, not credit unions, have caused customers to...

MADISON, Wis. - CUNA Mutual Group is set to release its updated Credit Union Lending Strategies and Trends report this month. Since the late 1990s, CUNA Mutual's annual survey of lending programs has confirmed an increase in the number of CUs that offer remote lending options, but no corresponding decrease...

PITTSBURGH - US Airways Federal Credit Union is making sure consumers are aware of how to fight identity theft. Speaking at an Identity Theft Prevention seminar sponsored by state Representative Mark Mustio (R-44) and co-sponsored by Congressman Tim Murphy (R-Pa.) and state Senator John Pippy (R-37), US Airways FCU Director...

SAN DIEGO - Secondary capital, a popular resource other financial institutions are turning to, may be the solution for fast-growing credit unions to meet member needs while satisfying regulatory requirements, says one industry expert. On May 18, Tom Merfeld, CUNA Mutual Group senior vice president, told attendees of the 10th...

HELENA, Mont. - In a move both unexpected and reflective of the nation's war footing, the $7.5 million Montana Armed Forces Credit Union of Fort Harrison is anxiously looking to merge into the $81 million Helena Community CU. The merger petition, which has been quietly in the works for months...

RICHMOND, Va. - Petersburg City Employees Federal Credit Union has merged into Virginia Credit Union. Prior to the merge Petersburg City Employees FCU served 2,200 members and had $5.3 million in assets. Virginia CU has $1.2 billion in assets and serves 154,789 members.

HOUSTON - The name change count keeps rising with Houston Energy Credit Union changing its name to First Service Credit Union. According to First Service CU President/CEO Jerry Shrode the name change is a major step in the credit union's transformation to a community-based credit union. With the tagline Your...

ITHACA, N.Y - It says something about Alternatives Federal Credit Union that when a reporter called to ask about its silver anniversary, it takes the credit union a while to document that it received its charter on January 12, 1979. "Of course we had it written down somewhere," said Leni...