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  • CU implications of HP/Compaq merger?

    PALO ALTO, Calif. - The announced merger of Hewlett-Packard and Compaq Computer could have a big impact on the PC market, but there may also be an impact to the credit union industry. HP's credit union, the $1.3 billion HP Employees FCU, Palo Alto, Calif., will be monitoring the deal...

  • ACUIA offers solace, support on the tragedy

    "Everyone here at the Association of Credit Union Internal Auditors (ACUIA) are experiencing a range of emotions from the tragic events that occurred on September 11th. Some of us have experienced relief, particularly in the New York and Washington D.C. areas, knowing that loved-ones, friends, and colleagues are accounted for....

  • California state legislature votes on statewide predatory lending bill

    SACRAMENTO, Calif. - The California Senate passed by a vote of 22 to 12 a bill introduced by state Assembly member Carole Migden (D-San Francisco) that would ban predatory lending statewide. At press time, the state Assembly was expected to vote on A.B. 489 on Sept. 11 or 12. A.B....

  • NAFCU mulling fate of its Congressional Caucus; Hike the Hills cancelled

    WASHINGTON-While President George W. Bush came across America's television screen on the night of the attack proclaiming that Washington would be business as usual the following day, it wasn't. While the Federal Reserve remained open following the attack on the Pentagon and the World Trade Center offering liquidity through the...

  • SCHOLARSHIPS

    Dupaco Community Credit Union, Dubuque, Iowa, has awarded $500 scholarships to five high school seniors. The Tri-State-Area College Scholarship winners are selected based on their academic achievements, extracurricular involvement and interest in the pursuit of an advanced degree. In addition, the graduating seniors must attend any one of seven Tri-state-area...

  • NCUA activates disaster relief policy

    ALEXANDRIA, Va. -NCUA activated its disaster relief policy Sept. 12, following the terrorist attacks to assist credit unions and their members in New York City and Arlington County, Va. NCUA reassured federal credit unions that examiners and staff from the affected regions are in close contact with the affected local...

  • Utah credit unions roll out Olympic `red carpet'

    SALT LAKE CITY - It will be a kind of "credit union welcome mat" that greets the 110,000 visitors who come trouping through the Salt Lake City International Airport next February for the 2002 Winter Olympics. Relying on the notion that `first impressions count,' a CU coalition here, which holds...

  • Event cancellations

    At press time, a number of scheduled credit union events were being cancelled due to the terrorist attacks. This list is by no means complete as information was coming in sporadically at press time. * SCOTTSDALE, Ariz. - The annual meeting of the Combined Council of Automotive Credit Unions, scheduled...

  • Explosion simply shocking, says one CU marketing professional in New York

    NEW YORK - With the sun shining brightly in Times Square last Tuesday, it was hard to reconcile the devastation that occurred in lower Manhattan earlier that morning when two planes crashed into the World Trade Center. "This is an emotional time and it is almost surreal," said Actors Federal...

  • Bream: "An eerie silence"

    CHICAGO -United Airlines Employees CU President/CEO Bob Bream has a bird's-eye view of the O'Hare Airport tarmac from his office at the CU's headquarters, but there wasn't much to see on the day of and the day following the terrorist attacks. "My office really overlooks O'Hare. We're in the flight...