Bethpage Federal Credit Union, a multiple common bond charter originally formed to serve the employees of Grumman Corporation in Bethpage, N.Y., presently serves more than 150 groups that include 11 of Long Island's 15 largest employers. Management requests converting to a community charter to serve Nassau County (1,334,544) and western...

WASHINGTON-The House Financial Services Committee has scheduled a hearing this month on the progress of corporate governance reforms made last year, Chairman Mike Oxley (R-Ohio) recently announced. Securities and Exchange Commission Chairman William H. Donaldson and Public Company Accounting Oversight Board Chairman William J. McDonough are scheduled to testify Sept....

WESTBROOK, Maine - During a Remembrance Ceremony held Sept. 10, credit unions here announced the establishment of a 9/11 Fund to benefit local Red Cross Chapters. "Maine's credit unions wanted to establish a permanent fund to honor the victims of 9/11 by contributing to our local Red Cross Chapters each...

Easing the restrictions on member business lending that were part of the 1998 Credit Union Membership Access Act has been one of the dozen or so federal charter enhancements NAFCU has sought in recent years. That's why we are pleased to see that the NCUA Board plans to take up-and...