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GRAND JUNCTION, Colo. - In a move toward greater membership "diversity," the $60 million Mesa County Teachers Federal Credit Union converted to multi-county status the week of April 26th and adopted a new name, Western Rockies FCU. "Beyond our educational base, this change allows to reach a broader membership base...

According to NCUA Region V Director Melinda Love, the most frequent reasons given by small CUs for merging are: * expanded services - 61% of CUs merging nationwide say they want expanded services; * income pressure - 13% of merged CUs attribute mergers to poor financial conditions. Smaller CUs have...

LIBBY, Mont.- Kootenai Valley Federal Credit Union Manager Betty Willman's chariot awaits her after work hours.behind a 29-inch high horse. Most people just keep them as pets, Willman explained, but she said you can train the 29-inch high horses to pull you around in a cart. Some also show them,...

MADISON, Wis. - Credit unions across the country spread the CU-word to young consumers during the National Credit Union "YOUth Make a Difference" Youth Week, April 18-24. Most credit union events focused on increasing the financial literacy of younger members while building awareness of the credit union difference. This year,...

PORTLAND, Ore. -Northwest Corporate Credit Union recently celebrated its 26th anniversary at its annual meeting held in late April. Among other business the corporate re-elected the following five board members to three-year terms at the meeting: * Bill Anderson, President/CEO, Mid Oregon FCU, Bend, Oregon * Howard Benson, President/CEO, Malheur...

ALEXANDRIA, Va.-HEW Federal Credit Union, located in Alexandria, Va., launched its expansion into Washington D.C. with its inaugural Financial Fitness Day April 24. Throughout the day residents of Southeast Washington enjoyed food, entertainment, rides for the children, and received vital financial information at each of the "10 Steps to Financial...

WASHINGTON-The Small Business Administration recently announced that it has developed a new loan application solution for participating lenders. The electronic application system, known as E-Tran, is aimed at saving credit unions and other SBA lenders substantial time and resources when sending a loan application to SBA. In response to requests,...

AUSTIN, Texas - A proposed payroll tax that would have applied to state-chartered credit unions was struck from the Texas House of Representatives' school finance plan before the bill was narrowly approved and sent to the Senate last week. As recommended by the Select Committee on Public School Finance, HB1...