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Security Service Federal Credit Union, San Antonio, has elected the following officers to its board: Max Giovannini, chair; Bill Ballard, 1st vice chair; Bob Egger, 2nd vice chair; Allen Snyder, treasurer; and Mary Holub, secretary. In addition SSFCU has elected the following directors: Cliff Turner, Tim McCallum, Pete McNamee, Gwen...

WASHINGTON-NAFCU submitted written testimony last week to Congress' Joint Economic Committee hearing on "Helping Americans Save" touting credit unions efforts to boost savings and financial education. The credit union trade association expressed its support for congressional efforts to enhance retirement savings legislation with the president's proposals for lifetime and retirement...

BALTIMORE - Someone should probably tell Rod Staatz that the saying `the shortest distance between two points is a straight line' often holds true with career paths. Staatz's road to working with credit unions, specifically as president/CEO of State Employees CU of Maryland, has been anything but straight. In fact,...

MADISON, Wis. - Wisconsin lost 10 more credit unions in 2003, bringing the number of credit unions to 298, the fewest since the 1930s, according to the Wisconsin Department of Financial Institutions. The decrease continues a trend that began in the late 1960s. But while the total number has dropped,...

HarborOne Credit Union, Brockton, Mass., has elected Edward Kent board chair. Vermont Federal Credit Union, Burlington, has named Tom Crapo vice president of operations. Empire Corporate Federal Credit Union, has named Kristina Moran portfolio manager of its wholly-owned CUSO MemberTrade Advisory Services, LLC. Chartway Federal Credit Union, Virginia Beach, Va.,...

TUCSON, Ariz. - When it comes to hobbies, James Knoff of Tucson, Ariz. has one that you might say.."ales" him. Knoff, president/CEO of Pima Federal Credit Union, is a beer collector extraordinaire. "I started collecting beer cans back in 1978 when I was an examiner for the old Falstaff Credit...

HARRISBURG, Pa. - The Pennsylvania Credit Union Association is inviting all Pennsylvania credit unions to participate in a conference call the Association is sponsoring on April 1 to update CUs on banker attacks and the important need for credit union unity. While the issues the bankers are bringing up vary...

Managing loan portfolios has become increasingly complex in recent years, in part because of the growing number of bankruptcies. According to CUNA, loans subject to bankruptcies have increased 15 % and net charge-offs have risen 32% since 1996. These trends make it imperative that credit unions not only remain consistently...