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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LANSING, Mich. - Michigan credit unions celebrated the passing of the state's modernized Credit Union Act by the state House on Oct. 22, one day after the measure was passed by the House Commerce Committee. The vote in the House was 106-0. The measure - Senate Bill 496 - is...
MADISON, Wis. - CUNA's Center for Personal Finance has come out with two new statement stuffers for credit unions to send to members that explain how to determine an affordable mortgage loan and discuss the availability of small business loans from credit unions. "How Much House" explains how interest rates...
LOS ANGELES - At least 15 credit unions have agreed to waive the international transfer fees for monthly restitution payments made to Holocaust survivors living in California. They join more than 100 financial institutions in the state that will not charge the fee, which ranges between $10 and $40 to...
NEW YORK- NCUA Chairman Dennis Dollar told attendees of the National Federation of Community Development Credit Unions' Financial Literacy Conference, during his keynote address, that financial literacy programs should be a priority at all credit unions, especially in low-income communities. Credit unions can "provide the vital link between access to...
