WASHINGTON-In comment letters to the Treasury Department, CUNA and NAFCU urged Congress to add a provision to the Gramm-Leach-Bliley Act (GLBA) of 1999 to pre-empt state privacy laws and wrote that current privacy laws are adequate. Treasury is currently conducting a study of the information sharing practices under GLBA as...

WASHINGTON-The Treasury Department announced May 1 the First Accounts grant awardees for 2002 totaling $8.35 million for 15 different projects to help the `unbanked.' Five credit union organizations made the list. In conjunction with the announcement, Senate Banking Committee Chairman Paul Sarbanes (D-Md.) held a hearing May 2 to discuss...

Southeast Corporate Federal Credit Union, Tallahassee, Fla., has named Gregory Wirthmann senior vice president/chief investment officer. CommunityAmerica Credit Union, Kansas City, Mo., has elected the following officers to its board: Phil Gaines, chairman; Walter Baughman, vice chairman; Allison Waggoner, secretary/treasurer; Bruce Brower, director; Jerry A. Coe, director; Colleen Browne, director;...

COLORADO SPRINGS, Colo. - When Security Service Federal Credit Union's Mobile Service Center pulled up at a remote military training site in Pinon Canyon recently, one soldier reportedly was seen shaking his head, asking, "What will they think of next?" On temporary duty at the remote training site, soldiers from...