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RALEIGH, N.C. – State Employees’ CU said it is continuing to waive late fees on first mortgage loans up to 45 days late to help members whose lives have been disrupted by significant events such as the loss of a job.
March 18 -
DURHAM, N.C. – Self-Help CU and Duke University are working with city officials on an initiative to redevelop Durham’s Southside neighborhood.
March 18 -
BALTIMORE – Horsetail Technology and Credit Union Journal have partnered to make an extraordinary offer that will result in one credit union receiving a $100,000 Extreme Network Makeover.
March 18 -
LOS ANGELES – A federal judge Friday dismissed claims by senior WesCorp FCU officials that NCUA may have contributed to the failure of the one-time $34-billion corporate by approving the risky investments that sunk the corporate giant.
March 18 -
WASHINGTON – Senate Majority Leader Harry Reid, deferring to avid opposition by the banking lobby, last week agreed not to attach an increase in the member business loan limit for credit unions to a small business jobs package, known as the JOBS Act, which has strong bipartisan support and is predicted to pass.
March 18 -
WASHINGTON-Here are some basic facts regarding The Federal Credit Union Act of 1934.
March 16 -
FOREST GROVE, Ore.-If the pace of credit union/small bank mergers increases, the pool of CUs that would be able to make such deals is fewer than 250.
March 16 -
BOSTON-Credit unions exploring the possibility of acquiring a bank are being offered some advice by Sterne, Agee & Leech, which conducted the valuation on Monadnock Community Bank prior to its acquisition by GFA CU."
March 16 -
WASHINGTON — Politics are always a staple of CUNA's Governmental Affairs Conference, set to take place here this week. Throw in the fact it's a presidential election year, and credit unions can expect even more discussion of the political races. In this special issue, Credit Union Journal takes an expanded look at related matters, including how the Federal Credit Union Act (barely) came to be, the ROI credit unions are getting on political action funds and what the state associations are doing to get the CU word out at home to incumbents and new candidates alike.
March 16 -
GROTON, Conn.-While several CEOs are stressing the importance of marketing year-end dividends and bonuses, others have also noted the tremendous challenge inherent in deciding how to best reward members.
March 16 -
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Consultant Michael Hudson suggests how people should share their ideas and brainstorm at their next management or board meeting.
March 16 -
Consultant Michael Hudson offered this "five point prescription" for making strategy work at the credit union.
March 16 -
RALEIGH, N.C. – The ongoing dispute with NCUA over public disclosure of CAMEL codes could cause a mass exodus to federal charter of state credit unions who worry about dual examinations enacted by NCUA to punish State Employees’ CU for disclosing its CAMEL rating.
March 16 -
LOS ANGELES – A federal judge indicated yesterday he plans to reject Goldman Sachs & Co.’s motion to dismiss NCUA’s suit and continue the case challenging the Wall Street bank over $1.1 billion of faulty residential mortgage-backed securities it sold to U.S. Central FCU and WesCorp FCU, the two biggest credit union failures ever.
March 16 -
BALTIMORE – A man who held up six credit unions and banks last year while on parole for an earlier series of heists was sentenced to 13 years in prison for armed robbery and violating his supervised release.
March 15 -
CHARLOTTE, N.C. – The Carolinas CU Foundation, representing credit unions in North and South Carolina, will spearhead a $300,000 fundraising effort to cover the costs of renovating a rooftop playground at Levine Children’s Hospital during the Democratic National Convention.
March 15 -
LANDER, Wyo. – Atlantic City FCU said Dennis Vinson celebrated his 65th birthday yesterday by retiring from the $100-million credit union after 35 years on the job.
March 15 -
SEATTLE – Salal CU has named Russell Rosendal, chief financial officer, as new president and CEO of the $345-million credit union.
March 15 -
HOUSTON – Firstmark CU has purchased Experian’s QAS Pro and QAS Batch to improve overall address data quality within the credit union.
March 15
