KANSAS CITY, Mo.-Retaining members, especially the new business from banks, should be a top priority in 2010, according to Debbie Baumann, VP-operations at the $413-millon Mazuma Credit Union.

SPOKANE, Wash.-If there is a challenge facing the $990-million Numerica Credit Union, along with scores of other CUs, it is finding ways to keep branches open.

ST. LOUIS-Dave Tate, VP-branch operations at the $1.2-billion Anheuser-Busch Employees CU, is anticipating an intriguing year ahead.

DealerTrack Adds Red Flags

ATLANTA-New Postal Service regulations and recently passed legislation are likely to increase credit union mailing costs in the very near future.

ATLANTA-The Federal Home Loan Bank of Atlanta said it is using congressionally approved powers to provide more than 50 letters of credit totaling more than $2.2 billion for non-housing-related, tax-exempt bond transactions, stimulating economic development and lowering the cost of borrowing for public finance projects.

ALEXANDRIA, Va.-Thousands of credit unions are expected to report losses for last year in the coming days, the fallout from the continuing recession and from the deterioration of the corporate credit union network.

February

MA 201 CMR 17

KIVA Group Delivers CRM For CFIs

ST. LOUIS-Missouri Credit Union Association President Rosie Holub recently announced she will be retiring at the end of this year, so CU Journal asked her to share insights she has gained over the years.

LIVONIA, Mich.-League InfoSight has revamped www.FindACreditUnion.com to help CUs further capitalize on consumers' flight to safety.

After 10 years as head of NAFCU, Fred Becker doesn't seem to have lost his enthusiasm for the job as CEO.

Hearings

The New York Credit Union Foundation elected its slate of officers for 2010. They include: Vicki O'Neill, chair; Bruno Sementilli, vice chair; Brian Clarke, secretary/treasurer.

ALEXANDRIA, Va.-NCUA's reversal last year on accounting for the corporate bailout is causing havoc among credit unions as they report their fourth quarter financials and prepare their annual reports.

WASHINGTON-Lawmakers are putting together a plan that would abolish bankrupt Fannie Mae and Freddie Mac and replace them with a new system of government-backed mortgage financing, a leading member of Congress said Friday.

ARLINGTON, Va.-NAFCU is expected to report another strong year for 2009, with net income around $200,000, when it issues its financial report in the next few weeks.

CHICAGO-A former Chicago police officer was convicted of attempting to deposit a counterfeit $1 million check into her account at Chicago Patrolmen's FCU.

ALBUQUERQUE, N.M.-State legislators are thinking locally about financial institutions, with some supporting a bill that would require the state to deposit its funds into locally owned credit unions and banks.