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RALEIGH, N.C. - Moving to bolster ties with the media in the wake of stepped up bank attacks, the top brass of the North Carolina Credit Union League began scheduling special meetings with reporters and editors this month to convey a more positive CU message. "In light of some pretty...

ST PETERSBURG, Fla. - PSCU Financial Services, the card processing cooperative for over 500 credit unions that process their cards with First Data Corporation, has signed the $4.7 million BECU, headquartered in Seattle, Wash. BECU's arrival to the cooperative brings roughly 140,000 additional accounts to the four million that PSCU,...

RANCHO CUCAMONGA, Calif.-California Credit Union League President and CEO David Chatfield said he was encouraged that the Government Accountability Office report on alternative capital for credit unions did not entirely rule out the possibility. He added that it was not sufficiently based on the views of individual credit unions. "We...

HARRISBURG, Pa. - Citing "some concern about the finances of the credit union," the Pennsylvania Department of Banking assumed possession of Philadelphia Postal Workers CU, effective Sept. 13. Department of Banking Press Secretary Carol Gifford said the DofB had monitored the situation at PPWCU for several months before it took...

ALBUQUERQUE, N.M. - Attendees of NASCUS' 39th Annual Conference heard from representatives of the Federal Reserve Board and the NCUA on opening day of the four-day conference, Sept. 12-15. Federal Reserve Board Governor Susan Schmidt Bies touched on a variety of issues in her keynote address to the conference including...

TALLAHASSEE, Fla. - Everyone does annual reports, but few do mid-year reports. Southeast Corporate FCU decided to send its members a mid-year update on the corporate's progress. But a paper-based report wouldn't do - the corporate created a dynamic CD titled "Momentum 2004" that takes members on a visual ride...

Firstmark Credit Union, San Antonio, has promoted Tim Spencer to assistant vice president/loan central manager and Karen White to assistant vice president/asset recovery manager.

First Service Federal Credit Union, Columbus, Ohio has raised $5,820.70 for the Children's Miracle Network during its first annual golf tournament. Nineteen foursomes participated in the golf scramble to help raise money for the Children's Miracle Network with proceeds to benefit Columbus Children's Hospital. Golfers enjoyed 18 holes of golf,...