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Focus On Balance Sheet Analysis

LAKE BUENA VISTA, Fla.-Chip Filson, president of Callahan & Associates, speaks to the 2004 Financial Strategies Conference at Disney's BoardWalk Resort last week.

For the first time, the meeting was jointly sponsored by Callahan's and WesCorp. Targeted at CEOs and CFOs and examining balance sheet strategies, discussion included hedging, loan participations and static pool loan analysis, among others. Attendees at this year's conference come from more than 20 states in the nation and represent a variety of credit unions, 16 of which hold assets in excess of $1 billion.

Alternatives Offers Free Tax Aid

ITHACA, N.Y.-Alternatives FCU said it is offering free tax help for the second year to low-income residents through the Volunteer Income Tax Assistance, or VITA, program.

The program is being offered free to people who make less than $25,000 a ear, or families that earn less than $40,000.

Educator's CU Adds School Branch

RACINE, Wis.-Educator's CU said it opened a new branch inside Hamilton High School in Milwaukee.

The credit union's first in-school branch is a cooperative effort between Educator's CU and the Milwaukee Public School System aimed at educating students on financial literacy and providing them with in-school financial services.

Dutch Point Now Community CU

HARTFORD, Ct.-State regulators said they have approved an application from Dutch Point CU, Weathersfield, to convert to a community charter serving 2.2 million residents, or two-thirds of the Nutmeg State, in Hartford, Middlesex, New Haven and New London counties.

The state Department of Banking also approved a request from Fairfield County CU, Stamford, to convert to a federal charter.

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