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MADISON, Wis. - WOCCU was on hand to join in the highlighting of several milestones trumpeted at the Credit Union League of Hong Kong's recent annual general meeting. WOCCU Board Chairman Bobby McVeigh praised the league for its performance in 2003, which increased credit union membership in Asia and increased...

I enjoyed Mike Welch's March 10 column "Slowdown in Membership Growth Makes No Sense," and I feel the results have not been as good due to the following: * Members are dying (old members are leaving the membership and their children are not keeping the funds in the credit union.)...

NEW YORK - As credit unions around the nation gear up for National Credit Union Youth Week - April 14 through 18 - the following are some facts about allowances that might interest the youngest credit union members, as reported in Smart StartT Globe, a publication of the United Nations...

I was a Certified Public Accountant before I went to work in the credit union movement. It always made sense to me when I heard people like Bert Ely say that the mutual form of organization would be eclipsed by the stock issuing corporations. The argument that capital is better...

ALEXANDRIA, Va. - CUNA and NAFCU both generally supported NCUA's proposed rule on exchangeable collateralized mortgage obligations in recent comment letters, but agreed that some tweaking needs to be done. "NAFCU welcomes and supports the proposed revisions," NAFCU President and CEO Fred Becker wrote. "Exchangeable CMOs provide a greater level...

In 2000, The Desert Schools Federal Credit Union credit card portfolio stood at just over $60 million, about where it had been in 1999-and for that matter, in 1998. Approximately 20% of our members held a Desert Schools Visa card. And although our members were loyal to us when it...

In March, Art Corey assumed the responsibilities as the new president/CEO of the Connecticut Credit Union Association. Turn to page 33 to become acquainted with the new leader and learn about his opinions on CU-related issues.

"His presentation, his style, he came across as someone who wanted to genuinely relate to us. He spoke from the heart about the moral fabric of responsibility and accountability." Chip Coenen, vice president of business development and government affairs at $600 million Community First CU on President Bush's March 31...