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BOSTON - The Massachusetts House of Representatives passed a bill July 22 - House 483, An Act Relative to Credit Union Deposits - that seeks to increase the maximum deposit limitations for state-chartered credit unions and to delete the outdated 6% per annum interest rate cap on deposits. The bill,...

South Division Credit Union, Evergreen Park, Ill., has named Martin Mitchell controller. US Federal Credit Union, Burnsville, Minn., has named Greg Kaiser director of business lending. Royal Credit Union, Eau Claire, Wis., has named Tom Etmund Chippewa Falls branch manager. Bayer Federal Credit Union, Elkhart, Ind., Vice President Operations/Sales Christine...

MINNEAPOLIS - In a move Fair Isaac says serves a social good and is also good business for the lending community, the company has developed a new FICO risk score which it says will "help lenders and other businesses better serve the financial goals of millions of historically credit-underserved U.S....

WASHINGTON - Following the release of the 9-11 Commission report, House Financial Services Committee Chairman Mike Oxley (R-Ohio) has scheduled a hearing to find ways to bolster terrorist financing prevention. The chairman announced last week that the full committee would be holding a hearing, "The 9/11 commission Report: Identifying and...

State Employees Credit Union, Raleigh, N.C., has named Sue Douglas senior vice president/chief operations officer. Memphis Area Teachers' Credit Union, Tenn., has named Carla Bell Collierville branch director; Panya Martin Medical Center branch director; Myron Harris Cordova Kroger branch director; and Deborah Hughes Member Connect director.

MONTPELIER, Vt. - Joseph G. Bergeron, president of the Vermont Credit Union League, has been elected to a three-year term to serve as the District 1, Class D representative of the CUNA Board of Directors. District 1 encompasses all the New England states, New Jersey, New York, Pennsylvania and Puerto...

FLORISSANT, Mo. - St. Louis Community Credit Union has recently held an open house for its Florissant branch located across from Christian Hospital Northwest. According to St. Louis CCU Senior Vice President of Marketing/Business Development Skip Brown, with many area resident members asking for a branch closer to their homes...

RIVERSIDE, Calif. - Riverside County's Credit Union Senior Vice President of Marketing/Business Development Ricki McManuis is one of six women named as the YWCA of Riverside County's Women of Achievement. According to YWCA of Riverside County Board President Carol Greene, the women embody the mission of the YWCA-to empower women...