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WASHINGTON-Two staff writers from The Washington Post paralleled the recent lobbying battle between Nextel and the rest of the industry and regulators to credit unions' grassroots efforts after the landmark AT&T Supreme Court case. The article explains how Nextel has not been very active politically, but now that it wants...

ARVADA, Colo. - When you're a $2.8 billion dollar corporate like SunCorp Corporate CU, a $5 million loss in the securities portfolio isn't exactly earth shattering, but SunCorp President/CEO Eric Kenealy wants credit unions to know safety and soundness is always the corporate's first priority. Standard & Poor's recently announced...

RALEIGH, N.C. - Nearly 50 credit union security executives and law enforcement personnel turned out here for the first open meeting of the Risk Management Council, a newly-formed committee of the North Carolina Credit Union League to fight robberies and cybercrime. "We had a great turnout with presentations by Raleigh...

McLEAN, Va. - Internet banking firm Online Resources Corp. announced that it has renewed contracts with four large financials with combined assets of $25 billion. Among the renewals is the $2.6 billion Citizens Equity First CU in Peoria, Ill. The CU has been a client since 2001. The other three...

WASHINGTON- Donald G. Ogilvie, president and CEO of the American Bankers Association for nearly 20 years, has announced that he will be retiring as of April 2005. ABA's Executive Vice President Edward L. Yingling will succeed Ogilvie at the helm of the trade association. "Don told the Board of Directors...

ALEXANDRIA, Va.-Even as loan growth begins to creep back up, delinquencies at credit unions dropped 9.6% in the first quarter of 2004, according to NCUA's call report data covering America's 9,290 federally insured credit unions. Federally insured credit unions reached a near record-low delinquency ratio, NCUA gleaned from credit union...

HARRISBURG, Pa. - Mike Wishnow and Barb Fortney hope Gov. Edward Rendell's Task Force for Working Families will boost the issue of financial literacy to the next level. Wishnow, senior vp/communications and marketing for the Pennsylvania Credit Union Association, and Fortney, CEO of LANCO Federal Credit Union in Lancaster, have...