WASHINGTON - Fred Becker, president/CEO of NAFCU, and Kevin Chandler, president/CEO of the Minnesota Credit Union Network were reelected to serve on the board of the National Cooperative Business Association for another three-year term each. In recent months, the NCBA has been very active on two important credit union issues...

SAN DIMAS, Calif. - WesCorp is beefing up its item processing business in Washington State. The $24 billion corporate announced on deadline that it is acquiring the assets and business from Credit Union Support Services, a Spokane-based CUSO owned by six Spokane area credit unions, including Spokane Teachers CU, Global...

WASHINGTON - The House Financial Services Housing Subcommittee on May 5 approved bipartisan legislation that would increase homeownership by eliminating the downpayment requirement for families and individuals who buy homes with Federal Housing Authority (FHA)-insured mortgages. H.R. 3755, the Zero Downpayment Act of 2004 which was introduced by Rep. Patrick...

BOSTON- EasCorp re-elected three directors at its 26th annual meeting held recently at the John F. Kennedy Library in Boston. Joe Bean, Charles (Chuck) Bowles and Paul Mayotte (who will serve as chairman) were all re-elected. Bean is CEO of Hingham Federal Credit Union, Hingham, Mass.; Bowles is president of...