Service Credit Union, Portmouth, N.H., announced that its President/CEO Gordon A. Simmons was re-elected as chairman of the Defense Credit Union Council for the 2009-2010 term. Simmons has served as chairman for the past two years and from 2000-2002.

Gesa Credit Union is gearing up for the November launch of its first investment program.

CUNA Mutual Group is adapting with the times and has launched a new employment practices liability coverage and risk management offering.

TMG Financial Services, the agent-issuing arm of TMG, purchased 8000 credit card accounts worth roughly $16.6 million in outstanding balances from two credit unions, the firm announced last week.