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WASHINGTON - An anti-predatory lending measure designed to replace an earlier suspended law to curb mortgage lending scams won a first vote by the D.C. Council. A second required vote will take place later this month. An earlier predatory lending measure was passed in December 2000, but it was suspended...

ROCHESTER, N.Y. - On-time mail delivery might have always have been guaranteed, but unfortunately over the years the same could not have been said for the membership growth of Rochester Postal Employees CU. Nearly three-quarters of a century after it was chartered to serve employees of the city's postal service...

From the effects of the Enron debacle on CUs to the impact of new IRA rules, there's a lot happening in the world of investments. Read about it on pages 16-19.

DANVILLE, Pa. - Service 1st Federal Credit Union is helping out area students and its auto loan portfolio through a partnership with the Columbia-Montour area Vocational/Technical School. Through the agreement, the credit union provides funds to the school to purchase a used/salvaged car and the parts necessary for the students...

CU Direct Corporation, an auto indirect lending firm, has promoted the following employees: Jennifer Thalhamer to vice president of products/ services; Jerry Neemann, senior vice president of sales/operations; Tim Edwards, Southern California/Nevada regional director; Evan Etheridge, New England regional director; Dick Anderson, Pacific Northwest regional director. Appraisal Institute, a professional...

TULSA, Okla. - Voluntary contributions from credit unions throughout the state to the Oklahoma Credit Union Advocacy Task Force raised enough money to cover expenses for the airing of Oklahoma credit union television spots on local NBC coverage of the Winter Olympics on KFOR, channel 4 and KJRH, channel 2....

NCUA Chairman Dennis Dollar and NASCUS Vice President, Government Relations Mary Martha Fortney had a chance to discuss the NCUA Board's approval of Wisconsin's MBL rule after the agency's board meeting Feb. 7. Among its provisions, the rule lowers the equity interest a borrower needs to have to participate in...

WASHINGTON - If you're not careful, analyzing statistics can be downright boring. But in the case of recent credit union statistics, they tell a very interesting story of a more resilient credit union industry. CUNA's year-end statistics show assets up 14.5%, loans up 6.8%, member growth up 2.8%, and shares...