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It is not uncommon for the top person in an organization to lay out a number of stretch goals as they assume a new position. More often than not, somewhere in the verbiage describing what they want to accomplish are these words: "I hope to leave the organization in better...

MADISON, Wis. - At press time, President Bush was expected to sign legislation that proponents say could potentially provide an estimated $80 million in relief to U.S. companies, including credit unions, which have defined pension programs for their employees. The bill, passed April 8 by the Senate, aims to replace...

HALES CORNER, Wis. - In a show of mutual support, Corporate Central Credit Union and the Wisconsin Credit Union League have entered into a strategic alliance to support each other's efforts in serving Wisconsin credit unions. Here Brett Thompson (left), President/CEO of the Wisconsin Credit Union League, and Mark Schroeder,...

MADISON, Wis. - The National Credit Union Foundation disbursed $321,525 in the first quarter of 2004, bringing the total disbursed to over $13 million total. The mission of the National Credit Union Foundation is to help consumers achieve financial independence through credit unions," says Francois Henriquez, Chair of NCUF's Grants...

WASHINGTON - After two years of witnessing virtually no growth in their auto loan activity, early numbers for 2004 indicate credit unions may finally have turned the page on the latest chapter of their auto lending activity history. "Zero percent financing just about took credit unions out of the market...

WASHINGTON-Dr. Janet L. Yellen will assume the top management position at the San Francisco Federal Reserve Bank June 14, George Scalise, chairman of the bank, recently announced. Yellen will be replacing current President Robert T. Parry, whom the Credit Union Economics Group met with recently. She will also serve on...

BIRMINGHAM, Ala. - Wayne Benson, a former executive with CUNA Mutual Group, has joined credit union data processor EPL as chief marketing officer/executive vice president. Benson, 45, has over 25 years experience in the financial services industry, including 23 years with CUNA Mutual. He departed CUNA Mutual a few years...

WASHINGTON-The American Bankers Association issued an Action Alert to its members this month, urging them to write their lawmakers expressing their disapproval of the Credit Union Regulatory Improvements Act (H.R. 3579). The sample letter ABA provides includes "required text" stating the bankers' strong opposition. "There are now more than 80...