Corporate governance

DOVER, Del. – Del-One FCU is asking its youngest members to sing it out: why “Money Rocks At My Credit Union,” as part of next month’s National Credit Union Youth Week.

RICHMOND, Va. – A dozen real-life members of Virginia CU sing and dance to demonstrate their love for their credit union in a Glee-like, 30-second TV spot debuting this week.

LATHRUP VILLAGE, Mich. — CEO Michael Poulos summed up why Michigan First Credit Union has 27 branches in local schools and spends $500,000 annually on the effort — "Banks have 200 retail branches and I have nine."

46% of CP FCU's new members come from the schools in which it has a presence, and its most recent data shows 8,845 of young adults have remained with the CU following high school.

TAMPA-Among all students in the 33 in-school branches Suncoast Schools FCU operates, those who pack away the most savings are the youngest.

CLEVELAND – Firefighters Community CU has launched a campaign to save residents $1 million in loan and credit card interest in 2011 with its “Dare 2 Compare Challenge.”

POTTSVILLE, Penn. – Hidden River CU, which serves mostly school districts, has been approved by state regulators to convert to a community charter serving the 150,000 residents of surrounding Schuylkill County.

PORTLAND, Ore. – State regulators have approved an application from OnPoint Community CU to add Crook and Jefferson counties in central Oregon to its field of membership.

SYRACUSE, N.Y. – Summit FCU is the lead sponsor for the Syracuse University Football Team’s first “Orange on the Road” spring practice and scrimmage later this month.

GREENWOOD VILLAGE, Colo. – Bellco CU, a $2 billion credit union chartered to serve the local telephone company, has applied to state regulators to expand to serve all 610,000 residents of Denver County.

MADISON, Wis.-From developing a loan program that lets members fund college needs through gift cards, to a software program that allows the credit union to automatically lower interest rates annually for members who make payments on time, the Filene Research Institute's pipeline has new projects in store.

NEGAUNEE, Mich. – Superior Iron Range CU is sponsoring the 20th annual Car Show at the Superior Dome in Marquette.

OGDEN, Utah – America First CU has signed to be the title sponsor of Rocky Mountain Raceway’s ASA Oval, which will be called the “America First Credit Union Super Oval at Rocky Mountain Raceways.”

DENVER – Bellco CU has introduced an online car buying service by Automotive Avenues.

PORTLAND, Ore. – Unitus Community CU pledged yesterday to continue offering free checking and free online services such as bill pay even as many banks are beginning to charge fees for the once-free services.

MADISON, Wis. – A special loan that lowers interest when members pay on time, a small business incubator for Gen Yers and a 60-day return policy for loans are among the new innovations being proposed by the Filene Research Institute’s i3 group.

BILOXI, Miss.-Keesler FCU is adding 300 more products and services a month since adding online account opening, according to the CU that credits not only the technology but how the new tool is deployed.

ROCKVILLE, Md.-With an eye toward vertical growth, National Institutes of Health Federal Credit Union (NIHFCU) has partnered with Women in Bio, an organization for females working in bioscience in Baltimore, Washington and Northern Virginia.

WESTLAKE VILLAGE, Calif.-Credit unions that believe high fees are the primary reason they have seen an influx of former bank customers becoming new members are wrong, according to a new study.

VENTURA, Calif.-A technology model developed to serve members in Mexico is heading north and will be piloted by a California credit union as a way to reach out to the unbanked and underbanked.