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Thank you for featuring the timely news of the Treasury Department's ruling allowing credit unions to participate in the popular Small Business Administration 504 Lending Program in your July 16 issue ("Treasury Tells Arrowhead: CUs Participation in SBA 504 Loan Program Permissible"). The ruling opens the door for credit unions...

SALT LAKE CITY - Add Deseret First Credit Union to the growing list of state-chartered credit unions in Utah that are converting to a federal charter. The $266 million Salt Lake CU, the sixth largest credit union in the state and whose international membership includes the Mormon church, said it...

US Federal Credit Union, Burnsville, Minn., has recently surpassed $500 million in total assets. USFCU is one of only five credit unions in the state to achieve this significant milestone. USFCU celebrated with an all-day event for employees filled with food, prizes and an afternoon treat of root beer floats,...

ARLINGTON, Va. - Although CUNA Mutual estimates that the incidence of robbery at the nation's credit unions will be lower this year than in recent years, a credit union somewhere in the country is still robbed almost every day, and some individual robberies are so tragic that they raise the...

WILSONVILLE, Ore. - Georgene Arbon, CEO of the $12.5 million Rite Choice FCU here, admits she doesn't mind being called a vocal or an opinionated advocate for small credit unions in the Northwest, many of which she contends are engaged in a constant struggle for survival coping with meager and/or...

NEENAH, Wis. - Ever since it was formed three years ago, Business Lending Group has been content to be a small, regional company. That strategy hasn't changed even though the CUSO that was formed three years ago to provide business lending services to the members of three credit unions has...

NCUA Chairman Dennis Dollar answers lawmakers inquiries into PCA. See page 4.

BIRMINGHAM, Ala. - It's being called pragmatic and requires "significant commitment" by management, but the Alabama Credit Union League maintains its two-year-old program to revitalize small CUs is bringing results. "We had one of our credit unions with negative growth that started out about to be merged and now has...