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ARLINGTON, Va.-NAFCU has named Debbie Kwon-Moore its new Associate Director of Legislative Affairs following the promotion of Brad Thaler to director of the department earlier this year. "We are delighted to bring someone with Debbie's hands on legislative experience aboard," Thaler said. "Debbie spent five years on Capitol Hill immersed...

NEW YORK - To stem the tide of employers relocating from lower Manhattan, the state of New York and New York City are offering selected firms portions of $500 million in incentives. The $500 million comes from federal aid, allocated after Sept. 11's terrorist attacks to preserve the strength of...

I am a long-time reader of Credit Union Times, and I look forward to each weekly edition. I particularly enjoy reading Mike Welch's column and appreciate his insights and observations about critical issues confronting our industry. However, having just read Welch's April 10th column, "Threats, bad words, names, expansions and...

WASHINGTON - What's going on with community development credit unions? In the last six weeks the NCUA has liquidated one community development credit union and another has had to publicly take measures to confront specific problems. The latest, NCP Community Development FCU, based in Norfolk, Va. has begun a capital...

SAN DIMAS, Calif. - WesCorp booked $1.6 billion in certificates in the month of March (a record for the corporate), bringing the total of its outstanding certificates as of the end of March to $8.3 billion. WesCorp said credit unions are going longer with their investments because of a 1.75%...

ONTARIO, Calif. - The CO-OP Network has made a record patronage distribution of $3,022,773 for 2001. The cash disbursement to shareholders, equal to 65% of net income from operations after taxes, is a 4% jump from last April. "2001 was an amazing year for us, a period that included a...

MADISON, Wis. - CUES has partnered with Virtual CEO Inc. to bring credit unions CUES Best Practices Assessment, a suite of Web-based assessment tools providing CU management feedback on organizational performance as viewed by senior management, the board, staff and members. Each assessment-Executive, Board of Directors, Climate Plus, (taken by...

SAN JOSE, Calif. - CUNA Mutual Group has selected TrueComp for Insurance, software from Cadillus Software here, to help streamline its sales compensation process. CUNA Mutual has sales reps both within credit unions, and independent of them. Some sell only insurance, while others sell securities. It adds up to a...