WASHINGTON – It isn’t just credit unions that are flush with deposits.

INDIANAPOLIS – Just in time for the start of a new school year, Indiana Members Credit Union has raised more than $73,000 in its school supply campaign that will provide 3,500 backpacks and school supplies to underprivileged children.

MADISON, Wis. – Unique to cooperatives and especially to credit unions, a new study examining so-called “Patronage Refunds” has been released by the Filene Research Institute.

LIHUE, Kauai, Hawaii – Kaua’i Government Employees’ FCU has joined the CO-OP Network from CO-OP Financial Services.

WEST PALM BEACH, Fla. – How did one credit union improve service, cut its costs and automate its processes? Credit Union Journal will highlight how Affinity Plus FCU did just that in a free, one hour webinar to be held Aug. 23 at 11 a.m. ET.

ARLINGTON, Va. – Despite an increase in new vehicle sales during July, CUs are being urged to not get their hopes too high that this is a sign auto lending will rebound early next year.

ATLANTA – In a newly released poll, three in 10 checking account holders expressed interest in paying a monthly fee for a checking account that would have no other fees.

WASHINGTON – As NCUA prepares to examine one-third of its rules and regs during its annual regulatory review, CUNA is again stressing that the regulator must not and cannot add to the compliance burden already on CUs.

DULUTH, Ga. – Georgia Corporate FCU and Southwest Bridge Corporate FCU, which plan to merge and form Catalyst Corporate, reported they have transferred members’ pledged Perpetual Contributed Capital into escrow, a sign the planned merger will “succeed,” the corporates said.

WASHINGTON – A bipartisan group of lawmakers, aided by banking and housing groups, are beginning a strong lobbying push to forestall a scheduled drop in the maximum sizes of mortgages backed by the government-sponsored enterprises.

GLASGOW, Scotland-Few people have ascended into the CEO's job at the World Council of Credit Unions knowing as much about the international CU movement as Brian Branch.

MINNEAPOLIS, Minn.-In what it is calling a return to decades-old marketing tactics combined with new technology, credit-score giant FICO introduced a product designed to target credit card prospects more effectively in a sluggish market.

OMAHA, Neb.-If Centris FCU can't drive on one tank of gas to the small business that's requesting CU financing, it simply won't make the loan.

GLASGOW, Scotland-Pete Crear came to the World Council of Credit Unions unknown to many people around the world. He departed with a global standing ovation.

DES MOINES, Iowa-As credit unions make PIN network choices to comply with the new debit interchange rules, they need to be careful they don't get caught in the "race to the bottom."

ST. PETERSBURG, Fla.-In the wake of the CARD Act and new interchange rules, more credit union executives say now is the time to reel in checking business from banks.

DES MOINES, Iowa-A quick poll by TMG indicates that credit unions are not dumping rewards or free checking, but are weighing those options.

WILMINGTON, N.C.-The fact credit unions partnered with banks to fight the Durbin rule may have been a mistake, two analysts suggest.

Debit Program Propels

LAS VEGAS-Nevada FCU has become ensnared in a lawsuit involving allegations of copyright and trademark infringement against one of its employees.