Bank failures as well as financial mergers "remain negative influences" on the bank and credit union public, according to the president/CEO of Georgia's second largest CU, the $1.9 billion Atlanta Postal CU.

Sen. Jim Bunning, a member of the Banking Committee who often supported credit unions and criticized the Federal Reserve, announced today he will not seek re-election when his term expires next year.

Another weekend failure of a $2.8 billion Georgia bank chain could bring more "deposit inflows" into credit unions in the state, the president/CEO of Georgia Credit Union Affiliates said today.

Robert Burrell, former chief investment officer at Western Corporate Federal Credit Union, has turned up at RiskSpan, the Stamford, Conn.-based data and risk management firm.