SACRAMENTO, Calif. - California Gov. Arnold Schwarzenegger signed into law on July 21 legislation that will allow state-licensed credit unions to offer their members health savings accounts, effective January 1, 2006. The law creates parity between California's state-chartered credit unions and federally-chartered credit unions, because the latter were already permitted...

The costs to add business lending to a credit union's offerings vary but according to Pat Spencer, credit union solutions manager at Baker Hill, "at the very least, to do it right and not put 100% of the burden of getting the entire department up and running on the new...

ALEXANDRIA, Va.-Despite the fact the NCUA Board has not approved a community charter since September 2004, the board is not reluctant to consider community charter applications. However, the regions have been busy plowing through stacks of conversion applications. Sixty-one had been approved as of the end of June, well over...

Dupaco Community Credit Union, Dubuque, Iowa, has named Kelly Newton mortgage consultant. Global Credit Union, Spokane, Wash., has named Kevin Bacon commercial loan officer. High Desert Federal Credit Union, Apple Valley, Calif., has appointed Frank J. Cunningham chief operations officer. Meriwest Credit Union, San Jose, has named Maria Sanchez assistant...