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BIRMINGHAM, Ala. - The Alabama Credit Union League's Board of Directors recently approved an additional $50,000 investment with iCUNow's call center lending services for credit unions. The action was among several the board took during a recent meeting to review the league's 2002 operating budget and to assess what steps...

SAN DIMAS, Calif. - Late in the year Credit Union Times broke a story about WesCorp presenting a consolidation offer to PacCorp (Hawaii's corporate). PacCorp's CEO and chairman shot down the offer. WesCorp said it has been urged by some Hawaii CUs to develop a local presence in Hawaii to...

Credit unions continue to change their names to better reflect their membership. Here are a few of the more notable changes that occurred in 2001. * In a sign of the times, Postal Employees CU of Los Angeles changed its name to Priority One CU. The name was designed to...

WASHINGTON - 2000 was marked by a lending explosion, and a dearth of deposits. That all changed this year as Callahan's third quarter stats further prove. Callahan's data shows total share growth up 16% but loan growth only inching up to 9%. Still, there continues to be a tremendous boot...

BEDMINSTER, N.J. - Area credit unions here led by Affinity Federal Credit Union and Financial Resources Federal Credit Union have raised over $100,000 to benefit the New York City Uniformed Firefighters Association Widows' and Children's Fund. In addition, New Jersey credit unions sponsored a "Credit Unions Walk for America" on...

Some well-known names in the industry retired or moved on to other positions in the industry. Here is a sampling of some of the more notable comings and goings as mentioned in Credit Union Times during the year. *

WASHINGTON-In a recent letter to the Hill, CUNA wrote in support of legislation amending the Federal Home Loan Bank Act that would permit privately insured credit unions to join the Federal Home Loan Bank system. The bill, H.R. 2796, the Federal Home Loan Bank Membership Act of 2001, was introduced...

COLUMBUS, Ohio - Credit unions can stake a claim in urban areas, find a role in rural communities and, at the same time, make money at the expense of payday lenders and check cashers, Ohio credit union executives were told by a variety of speakers at the Ohio Credit Union...