HOUSE FINANCIAL SERVICES

Participate In Survey; Help Kids

RICHMOND, Va.-Entrust Financial CU has introduced a "Banking With a Higher Purpose" campaign over local TV and radio to emphasize a personal touch that will provide all new accountholders with their own member service rep for the first 90 days.

How can we make sure that when the big banks' troubles give us a chance to compete for new members, we have the weapons to compete effectively?

Some observational souvenirs picked up in various airport gift shops. And before you ask, no, I didn't save the receipts and you won't be getting a refund.

When hiring a new CEO, there is a perception that it pays to hire outside the credit union to get better talent, but Scott Albraccio of CUNA Mutual Group says the numbers show that to be a myth.

For as much as credit unions preach the virtues of collaboration, Sundie Seefried, CEO at Partner Colorado CU, worries that the pressures of business are preventing that from actually happening.

MIDDLETOWN, Penn. – Mid-Atlantic Corporate FCU raised $15,000 for Children’s Miracle Network at its recent annual charity golf tournament at Dauphin Highlands Golf Course in Harrisburg, Penn.

WEST LAFAYETTE, Ind. – A robber who snapped a cell phone picture of himself pointing a firearm that was used during an armed holdup of $25,000 at Purdue FCU a year ago was sentenced to 30 years in prison.

EVERGREEN PARK, Ill. – South Division CU has signed with Geezeo for its white label personal financial management and web-based marketing platform.

TAMPA, Fla. – Grow Financial FCU is offering an auto loan refinance promotion through Aug. 31 that will reward members with a $300 refinancing bonus.

WALTHAM, Mass. – RTN FCU said it will get two new branches, in Brookline and Dorchester, with the recently approved merger of Medical Area FCU in Brookline.

FAIRBORN, Ohio – Wright-Patt CU is partnering with Irongate Inc., one of the area’s largest real estate agencies, to provide home loan services.

WEST PALM BEACH, Fla. – Due to the number of requests for extensions, Credit Union Journal is extending the deadline for entries for its 2012 Best Practices Awards to July 9.

MADISON, Wis. – The National Credit Union Foundation said it has activated the online disaster relief system CUAid.coop to raise money for credit union people affected by the wildfires in Colorado.

VIENNA, Va. – Navy Federal Credit Union has activated Emergency Relief for all members impacted by the raging wildfires surrounding Colorado Springs, Colo.

WASHINGTON – Congress on Friday approved an omnibus transportation bill that also included a five-year extension of the National Flood Insurance Program and a one-year extension of the low rates on federally guaranteed student loans.

Grzegorz Bierecki, president and CEO of Poland's National Association of Cooperative Savings & Credit Unions (NACSCU), offers his thoughts on how Poland's CUs have matured so quickly and how the unique model works.

ALEXANSRIA, Va. – NCUA Friday afternoon issued a prohibition order against Thomas Swedberg, the former director of human resources for WesCorp FCU, which bars Swedberg from working for corporate credit unions.

WASHINGTON – Financial regulators told Congress this morning they are reviewing the need for expanded regulations over mobile payments, as the mass migration from paper money to electronic payments accelerates over smartphones and other personal devices.