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WASHINGTON – More than 15,000 runners from around the world criss-crossed the nation’s capital Sunday during the annual Credit Union Cherry Blossom Ten Mile Run, which raised $923,000 for Children’s Miracle Network.
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VANCOUVER, Wash. – Columbia CU is offering members Dave Ramsey’s “Financial Peace University,” a financial education and debt reduction program.
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BRAINTREE, Mass. – Liberty Bay CU said it is making a push to get more business from non-profits by offering lower fees and other incentives.
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EL PASO, Texas – FirstLight FCU has opened a new full-service branch and USO Center on east Fort Bliss.
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RALEIGH, N.C. – State Employees’ CU yesterday rolled out a new tax-deductible 529 college savings plan in conjunction with North Carolina's National College Savings Program.
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ST. PETERSBURG, Fla. – PSCU Financial Services, boosted by a 10% increase in processing revenues and double-digit gains in debit/credit and online bill payment transactions for 2009, paid its member credit unions a $17.9 million dividend yesterday.
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RANCHO CUCAMONGA, Calif. – CO-OP Financial Services has signed with TEKchand LLC for technology that allows its credit union clients to remotely control and manipulate marketing messages, and access and research transaction reports.
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WASHINGTON – The possibility that Congress will act to give credit unions authority to raise supplemental capital for their net worth calculation is very remote and such authority still could be years off, observers agree.
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DENVER-State chartered credit unions could be entitled to millions of dollars of tax refunds from the IRS under a decision handed down by a federal court here.
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EL SEGUNDO, Calif.-One of the problems with reining in Reg Flex is that in the process, NCUA could unwittingly rein in credit unions' ability and appetite to innovate, suggested Teresa Freeborn, CEO of Xceed FC, who offered her perspective on the proposal.
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BEL AIR, Md.-NCUA's changes to its Reg Flex program are appropriate given the changing economic environment, according to Rose Ann Lambert, CEO of Freedom FCU here.
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With NCUA considering making significant changes to its Regulatory Flexibility rules, CU Journal is asking credit union leaders to weigh in on the proposal. To read previous stories in this series, go to cujournal.com and search the following headlines:
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PALATKA, Fla.-A credit union CEO who appealed to Congressional leaders and President Obama for help and flexibility has no issue with NCUA's decision to alter its Reg Flex program.
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ALEXANDRIA, Va.-Credit unions took issue with Obama administration claims that the end of FFELP will mean $68 billion in savings over the next decade.
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NEW YORK-When one door closes, the old saying goes, another one opens. According to Fynanz, which offers private student lending programs through CUStudentLoans.org, the end of the FFEL Program is just such a situation.
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WILMINGTON, N.C.-With fewer than 90 days remaining to comply with a new law, indications are credit unions could soon be scrambling to meet members' overdraft needs this fall.
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Most credit unions have managed to keep pace with the trend toward online banking — with one notable exception. Compared to the nation's leading banks, CUs are not utilizing the Internet as a way to help them grow their mortgages.
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