Piggybacking on a successful direct deposit campaign last spring that brought 1,200 entries, Charter Oak Federal Credit Union is launching an online bill promotion this month offering $100 gift cards under a special linkup with a local grocery chain.

Scott Hunt, acting special assistant to the acting director of the NCUA's Office of Corporate Credit Unions, was named today by NCUA Chairman Debbie Matz to be the director of the Office.

Sales of existing homes fell by 2.7% in August, but were 3.4% higher than in August 2008, the National Association of Realtors reported today.

CUTEK said it has signed four more credit unions as users of its CAMS Alert solution for alerting members to problems with their credit card accounts.