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WASHINGTON - The refi boom may not be as over as experts assumed. Data released by the Mortgage Bankers Association for the week ending Aug. 13 showed the Market Composite Index of mortgage loan applications increased 11.9% from one week earlier, the Purchase Index was up 6.2%, and the seasonally...

WASHINGTON- America's Community Bankers has begun distributing the sequel to its original Mission Possible brochures, which advise its banker members on how to attack credit unions. ACB's Mission Possible 2: Delivering the Message About Credit Unions brochure was recently sent out to members, the group said in its Washington Perspective...

TALLAHASEE, Fla. - Almost $38,000 has been pledged so far to the fund that the Florida Credit Union League has established to help credit union employees in Florida overcome their in come cases devastating damage from Hurricane Charley, according to the League. The League has begun to receive requests for...

Pacific Resource Credit Union, Los Angeles, Calif., has helped raise $1,436 during the 7th Annual Hope for Firefighters Event. Pacific Resource sponsored and staffed a beverage booth to quench the thirsts of the more than 4,000 people in attendance. All funds raised went to the Los Angeles Fire Department's Widows,...

LA HABRA, Calif. - American First CU, which serves the members of the International Brotherhood of Electrical Workers (IBEW) local 441, has partnered with Fannie Mae to create home rental and buying assistance and financial education for apprentice program participants of IBEW local 441 and 440, the Ironworkers Union 416,...

WASHINGTON - As lawmakers on the right side of the aisle gear up for the Republican National Convention, the political arm of CUNA is helping to make sure their pockets are lined with spending money. According to the Credit Union Legislative Action Council's Federal Election Commission report, CULAC gave $15,000...

Allegiance Credit Union, Oklahoma City, Oklahoma, has given away a 2004 Jeep Liberty to one lucky member Michael Deibel as part of its sweepstakes with dealer Bob Howard Jeep and local radio station 96.1 KXY. The promotion was in celebration of the United States' independence as well as Allegiance Credit...

It is unfortunate that in the story titled, "Consumer Groups Urge Fed to Put APRs on Overdraft Protection Programs; CUNA Says APR Would Hinder CUs From Offering Overdraft" in the Aug. 18 issue, the only CEO interviewed was one that for whatever reason does not understand the realities that many...