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MORENO VALLEY, Calif. -March Community Credit Union has not only begun construction for a brand new 17,000 square-foot building but also has plans to renovate and expand its existing branch. In all the expansion will use the complete seven acres owned by MCCU. The $12 million project will add drive-thru...

WASHINGTON - No credit unions were among the 60 community development financial institutions which received funds under the latest round of grants from the Community Development Financial Institutions Fund's New Market Tax Credits program. The NMTC seeks to reward private donors to CDFIs with tax credits for their donations. Credit...

ARLINGTON, Va. - NAFCU recently announced the winners of its 2004 "Beyond Expectations" Awards Competition. Categories include Professional of the Year, Federal Credit Union of the Year, and Volunteer of the Year broken down into two size categories for credit unions below $150 million in assets and credit unions over...

PITTSBURGH - Citizens East Community Development Credit Union, the struggling CDCU that has been under merger pressure from NCUA because of its capital levels, has found a merger partner. The $45 million A-K Valley Federal Credit Union has agreed to merge with Citizen's East, according to Patsy Austin, Citizen's current...

Arrowhead Credit Union, San Bernardino, Calif., has named Sue Counts senior vice president/chief operating officer of its subsidiary Arrowhead Trust Incorporated. Nevada Federal Credit Union, Las Vegas, has named Amber Murray graphic designer. Air Academy Federal Credit Union, Colorado Springs, Colo., has promoted Branda Lackey to mortgage loan officer. Northwest...

WASHINGTON - Gary Officer, executive director of the National Credit Union Foundation who resigned that office as of April 26, 2004, said the move was more about getting back to his roots than anything else. The 39-year old Officer also said that his departure was of his own accord and...

ALEXANDRIA, Va. - Twenty-eight credit unions under $10 million in assets disappeared via mergers during the month of March, according to NCUA's most recent monthly data. (see related story, page 1) A total of 34 mergers occurred in March, the most since October 2003. Of those 28 under $10 million,...

WOBURN, Mass. - Nine representatives of the Credit Unions of Massachusetts Kids at Heart program joined some 20,000 runners at the starting line of the 108th Boston Marathon. The CU of Massachusetts Kids at Heart program has been raising funds for the Children's Hospital Boston since 1996. Runner Tammy Plante,...