ALEXANDRIA, Va.-Fraudulent credit union newspaper advertisements have run in at least 19 states that investigators are aware of and individual victims have been bilked out of funds ranging from $650 to in excess of $15,000, according to NCUA Office of General Counsel Federal Investigator David L. Eno who has been...
Texas Dow Employees Credit Union, Lake Jackson, has elected Mike Tracy board director. Security Service Federal Credit Union, San Antonio, has promoted Mike Manley to assistant vice president of mortgage services.
LEWISBURG, Pa. - Launched seven years ago to offer trust services and wealth management to credit unions, Sentry Trust Co. is on schedule to be acquired by Sun Bancorp Inc. by early December. The SEC is conducting a more extensive review of the acquisition as it has done with other...
WASHINGTON-While it is appropriate for credit unions to offer their members the business capital they need to get things going or to simply grow, there is more to business services than just lending. Northwest Corporate Federal Credit Union CEO Kathy Garner told attendees of the NCUA PALS workshop in Washington,...
WASHINGTON-Credit unions and the Small Business Administration are similar to two people going out on their first date, according to SBA General Counsel David Javdan. In his comments during a panel on the legal risks and requirements of SBA lending at the NCUA's Oct. 16 PALS conference, Javdan encouraged credit...
International Credit Union Day turned out to be one member's lucky day as (from left) Raritan Bay FCU President/CEO Thomas J. O'Shea named Michael Tingle, winner of the "Choose Your Own Vacation Sweepstakes." Tingle was awarded a $2,000 voucher towards the vacation of his choice. The yearlong sweepstakes was promoted...
ST. PAUL, Minn. - With tuition costs for higher education continuing to rise, finding ways to pay for higher education has become harder and more challenging. Advantage Plus LLC, a wholly-owned financial services CUSO of Affinity Plus FCU, hosted a seminar on Oct 16 that covered ways to save money...
DEARBORN, Mich. - Wendy Hewitt, mortgage loan officer for Dearborn FCU Financial Services LLC has become the only credit union mortgage specialist in the U.S. to be included on the list of top producer from Mortgage Originator Magazine, in recognition of the volume of loans she closed in 2002. Hewitt,...
PORTLAND, Ore. - Some current and former credit union leaders are behind a new Web-based relationship pricing product that they believe can do for credit unions what frequent flier programs did for airlines. The product is known as PoinTracs, and the company offering it is Portland, Oregon-based AlphaPk, LLC. Most...
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