US Airways FCU Cleared For SoftLanding

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ALEXANDRIA, Va. - (09/24/04) -- The NCUA Board approved one of itsbroadest community charters ever Thursday for US Airways FCU, whosechief corporate sponsor, US Airlines, was jeopardized last week byits second bankruptcy filing in two years. The action will allowthe $600 million credit union to serve almost three millions peoplein 10 counties surrounding its headquarters in Moon Township, Pa.,a suburb of Pittsburgh. Plans calls for the credit union to changeits name to Clearview FCU and to add three branches over the nextyear, as well as programs for payday lending, tax preparationassistance, first-time homebuyers, and small business loansguaranteed by the U.S. Small Business Administration.

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