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WALLINGFORD, Conn. - The Connecticut Credit Union Association voted to give a 5% refund of member credit unions' 2001 dues to those credit unions that reaffiliate in 2002. The rebate will be paid in January 2002. This is the fourth consecutive year that CCUA has given affiliated credit unions a...

NEW YORK - In a letter to the editor published in the Dec. 14 American Banker, California and Nevada CU Leagues President/CEO Dave Chatfield said Western Union may be right that banks aren't entering the international money transfer business any time soon, but credit unions are. Chatfield was reacting to...

Pacific Service CU, Walnut Creek, Calif., has donated $2,500 to sponsor the Fresno Juvenile Diabetes Walk to Cure Diabetes. Staff members also participated in the walk. Approximately 16 million Americans suffer from diabetes and its complications, which include heart disease, stroke, blindness, kidney failure, loss of nerve function and amputation....

MADISON, Wis - Two mutual funds managed by MEMBERS Capital Advisors, an affiliate of the CUNA Mutual Group, were cited as "Lipper Leaders for Wealth Preservation." Funds qualifying for Lipper's "wealth preservation" category are the 20% that have best avoided negative monthly returns over the last three years. The two...

WASHINGTON-In an effort to promote consistency and reduce regulatory burden, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Deposit Insurance Corporation have proposed a uniform charter and federal deposit insurance application form. The new "Interagency Charter and Federal Deposit Insurance Application" form...

MIRAMAR, Fla. - It's official: The former Eastern Financial FCU is now called Eastern Financial Florida Credit Union. EFFCU, with assets of more than $1.2 billion, was the third federal credit union in the Sunshine State to convert to a state charter in 2001. The other two were Tropical FCU,...

RALEIGH, N.C. - GE Mortgage Insurance and the Latino Community Credit Union have teamed up to fight against predatory lenders by focusing on educating the Hispanic population here. "Predatory lenders often exploit the language and cultural barriers that exist in the Latino community for their own economic gain," said LCCU...

By PAUL GENTILE CU Times Editor WASHINGTON - In comment letters to NCUA on its proposed revision of the corporate reg, Part 704, both the Association of Corporate Credit Unions and NAFCU objected to the proposed 2% minimum RUDE ratio. ACCU cited three reasons for its objection: it is inconsistent...