WASHINGTON — While credit unions have fended off efforts to bring them under the Community Reinvestment Act before, a bill introduced in the House last week was expected to pose a much bigger obstacle.

HAUPPAUGE, N.Y. — GrooveCar has joined the Invest in America program that is offering special pricing and rates on GM and Chrysler automobiles.

SAN DIEGO-California Coast CU knew something needed to be done to stem the flood of auto loan delinquencies.

RICHMOND, Va.-Loud card rewards messages from a seemingly endless number of financial institutions have deluged the American consumer but enhancements, product bundling and segment targeting can help credit unions stand out among the crowd.

NEW YORK-Pricing schemes receive little attention when financial institutions consider ways to preserve the loyalty of their members, but a recent report shows they can be far more effective than traditional rewards programs.

SAN DIEGO-The MAP at California Coast CU would be impossible but for the few relatively simple reports configured by in-house programmers, according to Mitzi Zarcone, SVP-lending and collections.

SOUTH JORDAN, Utah-Today's economic environment is a ripe opportunity for credit unions to foster greater loyalty among their membership and entice potential members to make the switch and stay for life.

SAN BERNARDINO, Calif.-Faced with mounting inventory of repossessed automobiles and receiving just pennies on the dollar at auctions, Arrowhead CU has formed a partnership with a shuttered local dealership to get more value from its repos.

A few weeks back at a breakfast session that was sponsored by the Filene Research Institute, its executive director, Mark Meyer, pointed to all that was and is going on in the world and dusted off an old quote from CU pioneer Ed Filene: "Cooperation among individuals is no longer novel. Cooperation among cooperatives is imperative."

Wings Financial Donates To Airline Ambassadors

WASHINGTON — Congress was forced last week by an impasse on the omnibus spending bill in the Senate to extend emergency funding for the Central Liquidity Facility and other government agencies.

LAS VEGAS — Despite operating in one of the most distressed markets in the country, Clark County CU not only made a profit in 2008, it returned a dividend of more than $2.8 million to its members and maintained capital of more than 10%.

WASHINGTON — Accounting rules-setters assured Congress last week that changes to the much-reviled rules over mark-to-market accounting are well on their way, offering much-needed relief for credit unions and other financial institutions.

Study: Most Americans Don't Get Basic Economics

PHILADELPHIA — Seismic shifts in the economy in general-and car sales in particular-are skewing CUs' auto lending portfolios even more towards used car loans, which brings with it some additional risk for credit unions to manage.

LAS VEGAS — Two teams of hackers worked for close to three hours, steadily penetrating increasingly difficult layers of financial institution security until they gained remote access to workstations.

CLEARWATER, Fla. — Credit unions looking to boost ROA should turn to credit cards and platinum programs, which generate 7% more revenue than standard card products.

WAUWATOSA, Wis. — The morass in the mortgage market claimed another major mortgage bank for credit unions last week, Central States Mortgage Co.

SANTA ANA, Calif. — Need proof that leadership begins at the top? The CEO of $8-billion SchoolsFirst FCU personally meets, and participates in the training of all employees.

Editor's note: the following letter was written in response to "Regulators Seek Ways To Mitigate Corporate Burden" (CU Journal, Feb. 23)