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COLORADO SPRINGS, Colo. - Ent Federal Credit Union joins the growing number of credit unions that have received a U.S. Small Business Administration license to offer 7(a) loans. SBA's 7(a) loans carry a maximum amount of $2 million and loans of $150,000 or less carry a maximum guarantee of 85%....

Fort Bliss Federal Credit Union, El Paso, Texas, has named Alexander Galaviz the 2004 Leo Ziegler Employee of the Year. Galaviz is part of the information systems department and manages the credit union's employee helpdesk and was selected for his great positive attitude. The Employee of the Year Award is...

NEW YORK - Municipal CU President/CEO William Porter will receive the Pete Crear Lifetime Achievement Award from the African-American Credit Union Coalition on Aug. 13 during the group's annual meeting in Atlanta. Porter has led MCU since 1981, helping propel it to a $1.2 billion institution. Over the years, Porter...

Three Rivers Federal Credit Union, Fort Wayne, Ind., has appointed Jeff Meyer President/CEO. Meyer replaces James G. Mills, who has retired after serving in the President/CEO position since 1985. K.C. Police Credit Union, Kansas City, Missouri, has appointed Douglas L. DeGroot vice president/chief operating officer. Wisconsin Credit Union League, Pewaukee,...

COLUMBUS, Ohio - BMI Federal Credit Union and Worthington Industries Inc. Federal Credit Union have recently agreed to merge. Under the agreement effective October 1 Worthington Industries Inc. FCU's $11 million in assets and 3,500 members will be part of BMI FCU. BMI FCU currently has $210 million in assets...

WASHINGTON - The House VA-HUD Appropriations Subcommittee has appropriated $60.4 million for the U.S. Treasury Department's CDFI Fund in fiscal year 2005, this is equal to the FY 2004 appropriation and $12 million above the Bush Administration's request of $48.4 million. It is also a very pleasant surprise for CDFI...

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PASADENA, Calif. - Wescom Credit Union is relying on a sophisticated content management platform to help better perform that most elemental of credit union tasks: communicate effectively with members. The $2.6 billion CU is using FileNet Enterprise Content Management (ECM) to manage the approximately 3,100 surveys Wescom sends out each...