Point Mugu Federal Credit Union, Ventura, Calif., has broken ground on its Camarillo branch. Slated to open fourth quarter of 2003, the 40,000 square-foot facility will be highly visible in the area. Those present at the ceremony included Camarillo Mayor Charlotte Craven, Camarillo Chamber of Commerce Board President John Williamson,...

SALT LAKE CITY - The punitive tax bill on large state-chartered credit unions now before the Utah legislature and aimed at increasing revenue to the state would in fact accomplish the opposite if SCCUs were to convert to federal charters, an analysis by Credit Union Times shows. Since many state-chartered...

MADISON, Wis. - Sharon Custer, president/CEO of BMI FCU in Columbus, Ohio, and Patsy Van Ouwerkerk, president/CEO of Travis CU, Vacaville, Calif., have been named by the Filene Research Institute to its Research Council. The Council includes 30 credit union executives who determine the institute's research priorities. Custer has served...

TAMPA, Fla. - The credit union industry has lost one of the true innovators in legendary credit union leader George Hobar. Hobar, 78, died on January 24. He was CEO of GTE FCU from 1960 to 1991. Although he retired in 1991, he stayed involved with GTE FCU as a...