Twenty Years of Mailbox-Stuffing,

TEXARKANA, Tex. - Credit Union pioneer R.C. Morgan (right) presented a Texas-shaped plaque in appreciation of support of credit unions to Sen. Lyndon B. Johnson, who went on to become president of the United States. The plaque, from the North Texas Chapter of the Texas Credit Union League, was presented Oct. 29, 1959, as part of the League’s Credit Union Day celebration here. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

One Captured After Gunfight At CU

FORT COLLINS, Colo. - With the sale of Norlarco CU and the remnants of the once-$360 million credit union, NCUA has left as many as two-dozen credit unions wondering what will become of the almost $200 million in loans Norlarco sold off as participations.

WASHINGTON - The nation’s banks believe the United States is entering a recession and are pessimistic about Washington’s plans to get the economy back on track.

PHILADELPHIA - Philadelphia FCU is seeing an overall increase in mortgage lending activity, but not as much on the refi side as being reported in other regions.

BOSTON - Consumers are ready to use their mobile phones for banking and payments, but the market may be slow to develop unless the card networks can encourage more merchants to accept contactless transactions, according to research published this week.

BASKING RIDGE, N.J. - The $1.5-billion Affinity FCU has launched a “Green Rewards Checking” program that offers a higher APY, up to 3.25%, to members who go green and reduce paper waste.

Virginia Credit Union, Richmond, Va., named Cherry A. Hedges financial education director and Christopher M. Shockley executive vice president of member services.

WEST PALM BEACH, Fla. - Credit Union Journal asked several credit card experts how quickly they think credit card interest rates will move in light of the recent Fed rate cuts. Here’s what those experts had to say:

DULUTH, Ga. - Singer LeAnn Rimes is the new voice and face of Georgia credit unions, as the country-western star is featured in a new series of television commercials throughout the state which debut today.

MARLBOROUGH, Mass. - Local residents here didn’t see just the typical theatrical Super Bowl commercials advertising beer, soft drinks and electronics.

VIENNA, Va. - Navy Federal Credit Union received the Department of the Navy 2007 Combined Federal Campaign (CFC) President’s Award at the CFC Awards ceremony held at the Pentagon.

EUCLID, Ohio - Eaton Family CU has created what it is calling a one-stop shop for financial education on its website, based on resources from CUNA, CU Village, the National Endowment for Financial Education and Visa.

A story in the Feb. 4 issue incorrectly noted that the TIP charter granted TruGrocer FCU will allow it to serve non-grocery related companies owned by one of its prior employer groups in addition to its TIP field of membership (FOM). The TIP allows the CU to serve only the grocery and supermarket industry employees. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

NEW YORK - The National Federation of Community Development Credit Unions said it set several new records for its Community Development Investment Program, with nearly $8.8 million invested in CDCUs and/or low-income credit unions in 2007.

HERSHEY, Penn. - As the nation celebrates Black History Month, Credit Union Journal closes out its special report on the diversity–or the lack thereof–of the credit union movement.

LIVONIA, Mich. - Community Choice CU is moving its headquarters to nearby Farmington Hills, where it has purchased the former Citizens Republic Bancorp office.

WEST PALM BEACH, Fla. - CU Journal gives readers the opportunity to weigh in on a variety of issues. Below are the results of a recent online poll. To add your two cents or see past surveys, visit www.cujournal.com.

WASHINGTON - CUNA has established a “Due Diligence Task Force” to explore a variety of due-diligence responsibilities, in particular those related to third-party vendors.