BALTIMORE, Md. - SSA Baltimore FCU was approved in October 2002 by the NCUA to expand its field-of-membership to include an underserved area in Baltimore, but the $260-million federal credit union recently honored state Commissioner Mary Louise Preis of the Division of Financial Regulation for her support of SSA Baltimore's...

WASHINGTON - Sixteen percent of the 2003 applications for funding from the U.S. Treasury Department's Community Development Financial Institutions Fund came from depository financial institutions, including credit unions, according to the Treasury Department. The CDFI Fund received 131 applications totaling $106 million in requested grants, but the agency has only...

FORT WORTH, Texas - State National Insurance Company is now available in all 50 states and the District of Columbia. New Hampshire has recently granted SNIC authorization to write fire, allied lines, marine, casualty, fidelity, surety, credit, mortgage guaranty, bonds, financial guaranty and liability-including workman's compensation. "Gaining approval in New...

ALEXANDRIA, Va.-A federal credit union employee cannot provide investment advice or affect securities transactions that would bring the employee or institution under federal or state securities laws, a recent NCUA legal opinion letter read. Unless, of course, they are a shared employee with a broker, dealer or adviser. "FCU employees,...