LONGVIEW, Wash. — Lesley Carrell, VP-marketing with the $667-million Fibre FCU, and member of the CUNA Marketing & Business Development Council, acknowledges any pricing advantage credit unions have over banks on credit cards is often eroded by a disadvantage when it comes to awareness.

Firm Reports Positive Q2 Results

November

Credit Union Journal examines the varying viewpoints on what should be done to fix the corporates and lays out the framework NCUA has established.

WASHINGTON-Congress took several steps last week toward expanding the parameters of what is shaping up to be a broad financial services bill that will ensnare credit unions in many ways.

MARKS, Miss.-NCUA said last week it has taken under conservatorship First Delta FCU, a one-time $7.5-million community development credit union pushed into insolvency by a $1.5-million embezzlement by one of its employees.

WASHINGTON-Regulators recently shut down another seven banks, making 106 failures, the most since 1992, during the end of the S&L crisis.

WASHINGTON-The Treasury Department has approved three more lenders, including two credit unions, to its approved servicer list for its Home Affordable Modification Program.

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Jim Minge was recently elected 2nd vice-chairman of the Texas Credit Union League, while Paul Trylko was tapped as secretary-treasurer and Christa Hollier also joined the board.

MOLOKAI, Hi.-A former teller for Molokai Community FCU pleaded guilty to embezzling $218,293 from the credit union by taking cash from tellers' drawers during a three-year period.

ALBUQUERQUE, N.M.-Sandia Laboratory FCU has provided a $3.2-million loan to help fund the expansion of Los Poblanos Historic Inn and Cultural Center in Albuquerque's North Valley.

DES MOINES-Affinity CU has rolled out prepaid reloadable card geared especially to serve the underserved Hispanic market.

CHICAGO-Thousands of angry protestors marched the city streets and displayed effigies of the nation's leading bankers outside the American Bankers Association's annual convention to protest the billions of dollars in taxpayer funds going to the banking bailout.

LAS VEGAS — The failure of Cumorah CU, the third large Nevada credit union to go under in recent weeks, is the latest indicator that the most difficult economic environment in the country has moved here from southern California.

BLOOMINGTON, Ill. — Merging two credit unions can be difficult enough. So why would a credit union want to merge 12 into one?

Consumers Expect Banks to Help Them Respond to Financial Crisis, Study Says

DeepTarget Offers E-Mail Marketing

ALEXANDRIA, Va. — Capital levels and institutional transparency will be two of the biggest pillars in the new regulations from NCUA governing the corporate credit union system.

ALEXANDRIA, Va. — With two corporates in conservatorship and others posting red numbers from investments in mortgage-backed securities, it should come as no surprise that among NCUA's chief priorities in crafting its new corporate regulations is reducing investment risk.