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TUKWILA, Wash.-Boeing Employees CU has become the first credit union in the Seattle area to be approved for Small Business Administration loans for local business owners. "This is a great opportunity to help start-up businesses and those that may have trouble finding loans elsewhere." BECU Director of Small Business Services...

COLUMBUS, Ohio - Calling it the "first substantive modification" of the state's credit union act in 17 years, the Ohio Credit Union League is monitoring the progress of credit union legislation introduced in the state House of Representatives April 21 which one credit union spokesman said "includes changes that give...

CHICAGO- Executives from two community development credit unions will take part in a moderated panel discussion on whether credit unions partnering with check cashers really benefits low income people. Joy Cousminer, CEO of the $9 million Bethex Federal Credit Union, headquartered in the Bronx, will present to a panel that...

TAMPA, Fla. - How should credit unions best manage their credit card portfolios? As the market for credit union credit card portfolios has grown steadily hotter, more CUs have started researching how to better manage and grow their card assets. For some, better card management has meant sharply changing the...

CARMEL, Ind. - Allen Stendahl, CUNA Mutual's VP of Credit Union Protection for the last two and a half years, has joined Allied Solutions as Regional Vice President, Allied Solutions Specialty Lines. Stendahl, who has over 20 years insurance experience, helped direct the underwriting, claims and risk management support for...

MOON TOWNSHIP, Pa. - Meanwhile, in Pennsylvania, another credit union has been finding success with its cards. The $612 million US Airways FCU has increased its outstanding balances by 22% by using a series of balance transfers and other promotions, according to PSCU Financial Services, the credit union cooperative whose...

SCHENECTADY, N.Y. - Tapping into the interior design makeover craze Sunmark Federal Credit Union has launched the "Beyond Design" promotion. "Beyond Design came about as we looked for an opportunity to promote Sunmark's home equity and mortgage loan products," said SFCU Marketing Manager Bill Jenkins. "We decided early on to...

ARLINGTON, Va. - Thirteen percent of the 130 NAFCU member credit unions surveyed in February 2004 offer credit cards, compared to 10% which said they did in 2001, according to NAFCU's April Flash Report. That number appears to be low. According to Asset Exchange, the card portfolio brokerage headquartered in...