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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...

BUENA PARK, Calif. - A proposed state initiative that would have banned illegal immigrants in California from using matricular consular cards at public agencies for identification purposes has failed to garner enough signatures from registered voters to be placed on the November ballot, organizers have announced. Despite that, the organizer...

WASHINGTON - The Supreme Court ruled unanimously on April 21 that credit card issuers do not have to disclose over limit and other fees as part of their cards' finance charges. The case pitted MBNA, a noted purchaser of credit union credit card portfolios which had inherited the case from...

ARLINGTON, Va.-The Financial Accounting Standards Board has written NAFCU President and CEO Fred Becker that it does not object to the trade association's proposed legislative amendment redefining net worth in the Federal Credit Union Act. NAFCU wants to change the definition of credit unions' net worth in the FCUA from...

WATERLOO, Iowa - Two of Iowa's "Deere" credit unions become formally merged June 1 creating the state's first $1 billion CU. Under an agreement signed last October, the $900 million John Deere Community Credit Union is merging the $91 million Deere Community CU of Ankeny. "This combination is one that...

LIBERTY LAKE, Wash. - Credit unions would concur they want their employees to be proactive with members, but that can sometimes be easier said than done. Planning strategies and conveying messages and expectations to staff often turns into a hit-and-miss scenario. That's why it's become the objective of Spokane Training...

Hooray for Clyde Padgett's letter dated April 14, 2004. Mr. Padgett made an articulate summation of my thoughts concerning the hullabaloo over the Credit Unions vs. Bankers debate at the 2004 Governmental Affairs Conference. I too was embarrassed and taken aback by the barrage of criticism from some individuals in...