Fund Created For Soldiers Killed
EL PASO, Texas-Fort Bliss FCU has set up a fund, the 507th Maintenance Company Fund, for families of nine soldiers killed in Iraq. A local group called the 100 Club originated the fund with a $3,500 donation, which was matched by the $416.5-million Fort Bliss FCU. The 100 Club was founded by a World War II combat pilot to support family of fliers killed while on active duty, but it decided to support the families of the 507th. The 507th Maintenance Company, a non-combat unit from Fort Bliss, was the company that included Pfc. Jessica Lynch and five of the seven prisoners of war who were later rescued. They were captured when their convoy took a wrong turn March 23.
Johnson Extols Bush Economic Plan
OVERLAND PARK, Kan.-NCUA Chairman JoAnn Johnson told the Kansas CU Association's governmental affairs meeting that credit unions have an important role to play in growing the nation's economy. Johnson, who was appointed by President Bush, said the President's jobs and economic growth plan "removes unnecessary barriers and will strengthen the economy by allowing Americans to keep more of their own money to spend, save, and invest- creating jobs."
Landmark CU OK'd For SBA Loans
NEW BERLIN, Wis.-The $725-million Landmark Credit Union has been approved for participation in the Small Business Administration's 7(a) lending program. "We are very pleased to have the opportunity to partner with the SBA. This relationship further enhances our ability to provide our members with loans for their small businesses when they might not qualify for a loan through normal lending channels," stated Jay Magulski, Vice President of Business Development.
Two More CUs Change Names
GORHAM, Maine-The $33-million Gorham Regional FCU has changed its name to Casco Federal Credit Union. The name change comes as the credit union marks its 50th birthday.
Meanwhile, in Houston Communicators FCU here has changed its name to PrimeWay FCU. The 66-year-old credit union, founded as Houston Telephone FCU, has expanded beyond its original FOM and is best known for having been approved to serve a broad, underserved area of Houston. It also serves Houston's Medical Center.