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Credit Union Journal articles from April 2005

21,908 total articles

Weekly newsletter focusing on the news of the credit union community. Features special reports, year reviews, and opinion columns.

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Credit Union Journal archives from April 2005

Motivation Behind Mergers: A Look At What's Driving Many CU Combinations.
April 4, 2005... SEATTLE -- Glenn Christensen, managing director of CEO Advisory Group here, spends his time in search of partners for credit unions seeking a merger. "We give assistance so that they can find the most compatible credit union for a merger,...

Necesita Hablar Espanol?: Just How Dominant Will Spanish Become In U.S.?
April 4, 2005... EL PASO, Texas -- When the first credit union in the United States opened its doors in the early 20th century, it was known to its primarily French-speaking members as La Caisse Populaire-Sainte Marie. Today, the only vestige of its...

CU Testimony Calls For Passage Of Anti-Predator Bill.
April 4, 2005... KANSAS CITY, Mo. -- Although Congress was in recess last week, the House Subcommittee on Rural Enterprise, Agriculture and Technology held a special hearing here with Arkansas FCU CEO Hank Klein testifying that credit unions find "predatory...

CCU Members Get Conversion Pitch; $20,000 Is Offered.(Community Credit Union )
April 4, 2005... PLANO, Texas -- The $1.4-billion Community Credit Union has sent its disclosure materials to members as it seeks to convert to a mutual savings bank. As part of the process it is offering $20,000 in cash prizes to members to get them to vote....

On Deadline.(briefs)
April 4, 2005... Survey Shows CU CEO Confidence At New Low DALLAS-Confidence in the economy continues to wane among credit union CEOs, as an increasing number indicate they believe economic conditions for CUs are likely to worsen, according to Southwest...

CU Groups See 'Opportunity Of Lifetime' On Reg Z.(Regulation Z)
April 4, 2005... WASHINGTON -- Credit unions are making the most of the "opportunity of a lifetime" to effect change to Regulation Z, better known as Truth in Lending. "This is a real opportunity for not just credit unions but all lenders to achieve...

NAFCU Survey Finds Slight Skid In LTS Ratio.(National Association of Federal Credit Unions , loan-to-share)(Brief Article)
April 4, 2005... ARLINGTON, Va. -- Participants in NAFCU's Flash Report Survey saw their loan-to-share ratio decline in January over December, despite strong loan growth. The reason, of course-even stronger deposit growth. Credit unions that participate in...

Worth Noting.(Brief Article)
April 4, 2005... Sanders Will Keynote Discovery MADISON, Wis.-Best-selling author Tim Sanders will keynote CUNA Mutual Group's Discovery Conference 2005, "Experience the Power" in Orlando, Fla., June 15-18. Sanders is Leadership Coach for Internet giant...

Lesson: 'I Forgot To Remember That I Couldn't Do It'.(Column)
April 4, 2005... We spent the Christmas holidays in Colorado and for the first time in my life, I went cross- country skiing. One day we were at Ski Cooper, the highest Nordic Park in North America, and there was one hill that was getting the best of me. Every...

How 1 CU Cut Competition, Grew Business With CUSO.(TruStar Federal Credit Union, Credit Union Service Organization )
April 4, 2005... By Rory Rowland -- TruStar Federal Credit Union is a Top 100 CU in two categories: capital and lending. TruStar's capital ratio is more than 22% and its loan-to-share ratio is more than 100% as of September 2004. Dale Johnson, the CEO of...

New Products Help-Not Hinder-Traditional Values.(Column)
April 4, 2005... Having worked in the credit union industry now for more than seven years, and having been involved with the credit union movement since I was nine years old when my father opened up my first share account, I've seen a lot of changes. At...

Letters To The Editor.(Letter to the Editor)
April 4, 2005... In response to Frank Diekmann's column in the Feb. 7 issue, "One State Wrestles With how To react To Conversions," the primary objective of CUNA, NAFCU and state credit union leagues should be the preservation of credit unions. Based on this...

Secondary Market For Low-Income Mortgages Is Planned.
April 4, 2005... NEW YORK -- The National Federation of Community Development Credit Unions wants to build within three years a $15-million fund for buying credit union mortgages granted in low-income areas. The fund, to be used to develop a secondary...

CUNA Blasts Banker 'Study' Of CU Tax-Exemption.
April 4, 2005... WASHINGTON -- CUNA has slammed a recent study sponsored by the Independent Community Bankers Association that suggested credit unions should be taxed. The study, which was conducted by the Tax Foundation at the behest of the ICBA, was...

Product & Service.
April 4, 2005... CU Direct Announces Keynoters RANCHO CUCAMONGA, Calif.-CU Direct Corp. said that keynoters at its Auto Lending Sumposium June 22-24 in Las Vegas will include 28-year Wall Street veteran Maryann Keller and Chair of NADA's Finance Issues...

PSECU Hires Ex-Hill Staffer To Raise Its Political Visibility.(Pennsylvania State Employees Credit Union, Nate Muniz)
April 4, 2005... HARRISBURG, Penn. -- When it comes to politics, one credit union here has decided to step up to the plate and not wait for the kill-or-be-killed scenario going on in Utah to make its way to this state. "It's impossible nowadays to avoid...

Tips From The Hill On What Works & What Doesn't.(Brief Article)
April 4, 2005... Take it from a former Capitol Hill staffer: be direct, courteous and to the point-and remember the staffers tell the congressmen what to do. That was among the tips that PSECU's new public relations/political relations manager, Nate Muniz,...

Worth Noting.(brief news)(Brief Article)
April 4, 2005... Baxter CU Honored For Caring VERNON HILLS, Ill.-Baxter Credit Union is the only financial institution to make it onto The Center for Companies That Care's Third Annual Honor Roll list. Baxter was joined by a number of other firms including...

Teller's Mistake May Have Helped Spare Member's Life.(accidents)(Brief Article)
April 4, 2005... ROCK HILL, S.C. -- A teller's simple mistake likely saved the life of the member who caught it and turned back just as a car came slamming into the entryway of Family Trust FCU here on St. Patrick's Day. "If she had continued out the door,...

Truck Hits Washington CU.(Brief Article)
April 4, 2005... EVERETT, Wash. -- Members and employees of Washington State Employees Credit Union got a surprise when a pick-up truck came crashing through the side wall of the building. A 66-year-old woman told police she was driving her son's truck and was...

Coastal FCU Seeks Balance In Unveiling its New Image.
April 4, 2005... RALEIGH, N.C. -- The $1.48-billion Coastal Federal Credit Union here wanted to balance projecting a more modern image with keeping the same brand that has led it through rapid expansion, especially during the past year. So the...

Airline Workers Quick To Take Advatage Of CU's Offer.(Alliant Federal Credit Union's Member Assistance Program )
April 4, 2005... CHICAGO -- In the first 10 days since rolling out a program to help airline workers hurting from salary cuts in that industry, Alliant FCU said some 249 members had signed up. The credit union created its Member Assistance Program to...

Product & Product.
April 4, 2005... MarketShare Report Introduced THE WOODLANDS, Texas-D. Hilton Associates Inc. (DHA) has introduced DHA Market Share Report, which it said is designed to allow credit unions to assess how they compare to all the financial institutions in a...

Float Like A Butterfly Sting Like A CU: One CEO's Take On Ideal Competitive Tactics.
April 4, 2005... ORLANDO, Fla. -- A CEO best known for his playing days in the NFL said the best strategy for credit unions actually can be found in boxing. A.C. Cowans, president of McCoy FCU in Orlando, who played a season with the Pittsburgh Steelers...

Educational Programs Credited For Growth.
April 4, 2005... APPLETON, Wis. -- The $675-million Community First CU sees its membership of 70,000 expanding by as much as one-tenth this year, thanks in part to gaining new members through educational programs. "We have a part of our mission statement...

PULSE Proceeds To Underwrite Financial Ed Plan.
April 4, 2005... LIVE OAK, Texas -- The $2-billion Randolph-Brooks FCU, originally created to serve United States Air Force members of the similarly named base, will intensify its financial education programs for military as well for children and teenagers that...

WOCCU Assembles Groups To Respond To World Bank.(World Council of Credit Unions Inc.)(Brief Article)
April 4, 2005... MADISON, Wis. -- The World Council of Credit Unions, Inc. said it brought together representatives from NCUA and the Financial Services Commission of Ontario, Canada to educate senior policy makers with the World Bank, Consultative Group to...

Are You Just Another WAFFLE HOUSE Along The Road?: Can't Tell One Pancake Place From The Rest? That's How Consumers Feel About Financials, Says 1 Person.
April 4, 2005... PALM SPRINGS, Calif. -- Is your credit union just another pancake house along the road? That question was put to attendees at the CUNA Marketing Council's meeting here who said his own home market often seems like an endless string of...

Product & Service.
April 4, 2005... Abagnale Will Keynote Meeting ST. PETERSBURG, Fla.-Certegy will hold its 2005 E-Banking User's Conference May 18-20 in Scottsdale, Arizona at The Scottsdale Resort & Conference Center. The conference, entitled "The New Frontier:...

Southwest Corp. Sees Strong Interest In Reverse Inquiries.(Brief Article)
April 4, 2005... DALLAS -- Southwest Corporate said it is seeing increased interest in reverse inquiry, structured investments, which are certificates structured according to a CU's balance sheet needs and which have a $5 million minimum. During 2004...

CUs Share Best Practices In Reaching Out To Communities.
April 4, 2005... PALM SPRINGS, Calif. -- What makes for a "best practice" when it comes to public and community relations? Three credit unions identified as being among the best shared their strategies during the CUNA Marketing and Business Development...

Consultant Claims Majority Of CUs Fail Business 101.
April 4, 2005... PALM SPRINGS, Calif. -- A company that said it placed phone calls to more than 800 credit unions recently is reporting that the vast majority failed business 101. Mark Adams' company, Springboro, Ohio-based EnthusiAdams, said his company...

Mich. CU Helps Graduates Enter World With 'Professional' Makeover.(Michigan State University Federal Credit Union)(Brief Article)
April 4, 2005... EAST LANSING, Mich. -- In sync with the latest "extreme makeover" craze, Michigan State University Federal Credit Union is offering members who are also graduating college seniors a chance at a Real World Professional Makeover, complete with a...

CUs Must Define 'Success,' Determine Proper Measurements To Be Successful.
April 4, 2005... PALM SPRINGS, Calif. -- Is your credit union successful? How can you tell? Jason Norton, director of league relations for the Madison, Wis.-based American Association of Credit Union Leagues, told the CUNA Marketing and Business...

Offering Great Service Isn't Enough In Tough Mortgage Market.
April 4, 2005... PALM SPRINGS, Calif. -- With the median price of a single-family house in its market cresting at more than $550,000, only a small percentage of the population in Orange County, Calif., is able to afford to purchase a home. As a result,...

Charter Changes In Penn.(Brief Article)
April 4, 2005... MARS, Penn. -- Callery Credit Union here has been approved for an FOM expansion and community charter to serve anyone within the six townships of Cranberry, Adams, Forward, Jackson, Middlesex, and Penn, and the boroughs located within these...

Eye On The Competition.
April 4, 2005... Bank Mergers May Effect Customer Satisfaction NEW YORK.-An annual survey by the University of Michigan hinted that bank mergers may affect customer satisfaction, The American Banker reported. "The pattern seems to hold-the ones that...

How 'Little Guys' View Slashing Of Minimum Service Fee.
April 4, 2005... WASHINGTON -- So, what do the little guys of the mortgage industry think about the government sponsored enterprises slashing their minimum servicing fee to 12.5 basis points? Ed Burger, whose firm, Midwest Loan Services of Houghton, Mich.,...

Mortgage Rates Increase.(Brief Article)
April 4, 2005... McLEAN, Va. -- Long-term mortgage rates rose last week for the sixth week in a row, with the average for the benchmark 30-year loan hitting the 6% mark for the first time in eight months, according to Freddie Mac. The average for the 30-year,...

Payday Lenders Say Poll Shows Military Are Just Small Part of Biz.
April 4, 2005... WASHINGTON -- A new national poll "debunks the widely publicized notion that a large percentage of payday lenders' customers are military personnel," according to the payday advance industry, which commissioned the poll. According to the...

Filson: Not Enough To Just Talk About CU Difference.(Chip Filson)(Brief Article)
April 4, 2005... ORLANDO -- Credit unions like to talk about the credit union difference, but what they really need to do is focus on making a difference, according to Chip Filson, CEO of Callahan & Associates. "It's not enough for credit unions to say...

Houston CU Offering Check-Cashing Service On Wheels In Some Markets.
April 4, 2005... HOUSTON -- Houston Postal Credit Union has created a check-cashing service on wheels in an effort to reach potential members from the city's underserved Hispanic areas. "We converted a Chevrolet cargo van into a mobile branch," said Lupe...

People.(appointments, promotions etc.,)
April 4, 2005... Kitsap Community Federal Credit Union, Bremerton, Wash., named Lynne Bowman Real Estate operations manager. Georgia Federal Credit Union, Atlanta, promoted Andy Atkinson to branch manager. Meriwest Credit Union, San Jose, Calif., named...

The CU Journal Daily.
April 4, 2005... Orange County Teachers To TIP SANTA ANA, Calif.-Orange County Teachers FCU, one of the nation's biggest credit unions, was give permission from NCUA to convert from a multiple-group sponsor to a TIP charter serving anyone in the...

Same Difference: How Some CUs Are Working To Be Consistent, Not Cookie-Cutter.
April 4, 2005... SEATTLE -- Yes, there is such a thing as overbranding, and as credit unions strive to have a consistent look and feel from branch to branch and touchpoint to touchpoint, they could learn what some large retail chains have already discovered:...

Advice On Being Consistent.
April 4, 2005... ST. LOUIS, Mo. -- Looking to create a more consistent look and feel across all branches as well as other delivery channels, such as the Internet? The experts say there are a number of different tricks that can be used to do just that. ...

WEST PALM BEACH, Fla.
April 4, 2005... As part of The Credit Union Journal's continued efforts to be the primary supplier of marketing-related coverage to the credit union community, this page features some of the very latest advertising messages from credit unions across the...

How 1 CU Rebuilt Itself After Its Single-Sponsor Closed Big Plant.(Fortress Federal Credit Union)
April 4, 2005... MARION, Ind. -- Fortress FCU is tearing down the walls, ripping out the moat and busting down the barricades to shed its single-sponsorship past and reach out to a community that hardly even knows it exists. When the Thomson television...

Community Page.
April 4, 2005... CFCU Offers 15 Scholarships ITHACA, N.Y.-CFCU Community Credit Union is offering fifteen $1,000 college scholarships to members. HTFFFCU Supports Children's Fund The Houston Texas Fire Fighters FCU raised $11,000 for the Houston...

The Old College Try: Harvard's CU Takes Steps To Boost Card Balances.(Harvard University Employees Credit Union )(Brief Article)
April 4, 2005... CAMBRIDGE, Mass. -- Harvard University Employees Credit CU said it doubled its credit card outstanding balances from $2.6 million to $5.4 million with a series of promotions and employee incentives provided by PSCU Financial Services. As...

Community Page.
April 4, 2005... FCU Sponsors Free Seminars ORLANDO, Fla.-FAIRWINDS Credit Union sponsored free monthly educational business seminars for members focusing on topics that directly affect them. MSUFCU Awards Employees Michigan State University FCU,...

Study Examines Credit Union, Member Behavior In Online Services And Usage.
April 4, 2005... PALM SPRINGS, Calif. -- Credit union marketers no longer view offering online products and services as a means of differentiating themselves from competitors, but as a necessity for doing business, according to a recently released study on...

Small Vs. Large In Online Retention Rates.(Brief Article)
April 4, 2005... PALM SPRINGS, Calif. -- The new study, "Online Marketing: Effectiveness and Impact on the Credit Union Industry," found that credit unions are placing as much emphasis on online marketing to retain members as to sell products. Yet, results...

Federation Seminar Set On Payday Lending.(National Federation of Community Development Credit Unions)(Brief Article)
April 4, 2005... ST. LOUIS -- The National Federation of Community Development Credit Unions will hold an intensive seminar on CU responses to high-cost payday lending. The seminar will include panels by and for practitioners, as well as researchers and...

Texas CU Alerts Members To 'Phishing' Attempt.(Midwest United Federal Credit Union )(Brief Article)
April 4, 2005... JACKSON, Texas -- Approximately 600 letters have been sent to members of Midwest United FCU following a "phishing" scam attack on the PULSE network last week. The credit union said it was seeking to be "proactive" in informing members of the...

Upcoming Meetings & Events.(Calendar)
April 4, 2005... April 10-13 CUNA HR/TD Council Conference, Renaissance Esmeralda Resort & Spa, Indian Wells, Calif. For info: Teresa Steele, 800-356-9655, ext. 4047 or e-mail tsteele@cuna.coop. April 10-13 CUNA Strategic Planning Institute. For...

Funds Flow Into CU's 'Lucky 13' Certificate.(Brief Article)
April 4, 2005... TOMS RIVER, N.J. -- During a seven-week promotion, Mon-Oc FCU said it attracted $3.5 million in total deposits in a special 13-month certificate and IRA. Dubbed the "Lucky 13," the product offered in addition to the 13-month term an APY of...

Constitution Corp. Unveils Item Capture.(Brief Article)
April 4, 2005... WALLINGFORD, Conn. -- As other institutions begin to leverage check processing efficiencies of Check-21, the $1.6-billion Constitution Corporate Credit Union said it has become one of the first in the nation to receive images through its Branch...

Endpoint Exchange to Adopt ECCHO Rules.(Electronic Check Clearing House Organization)(Brief Article)
April 4, 2005... OKLAHOMA CITY -- Metavante Corp. last week announced that The Endpoint Exchange Network has endorsed and will adopt the check image exchange rules established by the Electronic Check Clearing House Organization (ECCHO). The rules...

500 Students in CU-Backed Competition.(Brief Article)
April 4, 2005... ALBANY, N.Y. -- More than 500 high school students from across New York state competed in the New York State LifeSmarts Championship here, which was sponsored by the New York Credit Union Foundation (NYCUF). NYCUF is the statewide coordinator...

Purvis Honored For His CU Contributions.(Chuck Purvis)(Brief Article)
April 4, 2005... RALEIGH, N.C. -- Chuck Purvis, senior VP and Strategic Business Officer with Coastal Federal Credit Union here, was named the recipient of two national awards. He was recently presented the Credit Union Development Education 2005 Volunteer...

CFCU Opens 21st Student-Run Branch.(Community Financial Credit Union)(Brief Article)
April 4, 2005... PLYMOUTH, Mich. -- Community Financial CU said it opened its 21st student-run branch last month in Hillsdale Middle School in Northville. The $320-million credit union has adopted the education field as its main cause. The credit union has...

Leagues Form Conversions Task Force.(American Association of Credit Union Leagues)
April 11, 2005... WASHINGTON -- The American Association of Credit Union Leagues (AACUL) has created a task force that it says will examine and develop strategies for dealing with the issue of credit union conversions to mutual savings banks. The task force...

After 40 Years And Diverse Career, Calif. League's Chatfield To Retire.(David Chatfield)
April 11, 2005... SACRAMENTO, Calif. -- A 40-year career in the credit union movement will come to a close April 1, 2006, when David Chatfield, president and CEO of the California and Nevada Credit Union Leagues, retires. Chatfield, who has been president...

CUNA Mutual, 163 CUs File Suit Against Retailer Over Info Breach.
April 11, 2005... MADISON, Wis. -- CUNA Mutual Group and 163 of its credit union policyholders filed suit against BJ's Wholesale Club and its acquiring institution, Fifth Third Bank, to recover losses from the hacking incident at the Boston-area retailer. ...

TCUL Rejects 'Bully Tactics' Of Ex-CUs.(Texas Credit Union League)
April 11, 2005... FARMERS BRANCH, Texas -- The Texas Credit Union League is saying Loene Star State CUs will not be intimidated by the "bully tactics" of a group of former credit unions-turned-banks that threatened the CEO of a small credit union that is...

The Evolving State of Credit Union MARKETING.
April 11, 2005... BALTIMORE, Md. -- Lynn Gregory's first week as a credit union marketing coordinator was not at all what she expected. Her boss at a small, military-based credit union had recently succumbed to the sales pitch of a visitor for "giveaway"...

On Deadline.(briefs)(Brief Article)
April 11, 2005... Pope's Death Delays Action On Bankruptcy WASHINGTON-House leaders postponed a final vote on the bankruptcy reform bill and other bills last week while scores of lawmakers travel to Rome to attend ceremonies memorializing Pope John Paul II....

Biz Development Conference Draws Crowd.(Brief Article)
April 11, 2005... ORLANDO, Fla. -- The Credit Union Journal's Business Development Conference drew another large crowd last week as far ranging discussion touched upon all aspects of developing new business for credit unions. More than a dozen presenters shared...

Jekel To NASCUS Chair-Elect.(Brief Article)
April 11, 2005... DENVER -- Linda Jekel, Director of Credit Unions for the state of Washington, has been elected chairman-elect of the National Association of State Credit Union Supervisors (NASCUS) during the group's meeting here. The opening was created...

Certificate Bookings Still Surging.(Brief Article)
April 11, 2005... SAN DIMAS, Calif. -- Certificate bookings surged again during March at Western Corporate FCU (WesCorp), setting a record in the process. at WesCorp "During the month of March, WesCorp recorded $1.869 billion in certificate bookings," reported...

Executive Changes At CMG.(CUNA Mutual Group)(Brief Article)
April 11, 2005... MADISON, Wis. -- New CUNA Mutual Group President and CEO Jeff Post has begun making changes to the company's executive management structure. Post has hired David Lundgren to fill the newly created position of Executive VP-Chief Administrative...

EasCorp Makes Its Pitch.(meeting with a baseball-themed event)(Brief Article)
April 11, 2005... WOBURN, Mass. -- With its Partnership Conference and Annual Meeting being held just hours before the World Champion Boston Red Sox hold a flag-raising ceremony and home opener, Eastern Corporate FCU is taking advantage by beginning the meeting...

Harland Acquires Liberty Enterprises.(John H. Harland Co.)
April 11, 2005... ATLANTA -- In a marriage reminiscent of television's "The Brady Bunch," John H. Harland Co. said last week it has agreed to merge with rival check printer Liberty Enterprises, bringing under one roof the cartoon characters from Peanuts, as well...

Sunmark Federal CU Signs ATM Agreement With KeyBank.(Brief Article)
April 11, 2005... ALBANY, N.Y. -- The $387-million Sunmark Federal CU signed an accord with the $91-billion KeyBank to allow its 46,000 members access to the bank's ATMs. Sunmark said in a statement that its members will be able to use 289 ATMs of the bank...

Worth Noting.
April 11, 2005... CMC Names Exec Committee PALM SPRINGS, Calif.-During its annual meeting here, the CUNA Marketing & Business Development Council reelected three executive officers. Renee Dickson of Wings Financial FCU in Apple Valley, Minn., was...

Obsolete? Old-Fashioned? So 20th Century? Think Again.(Editorial)
April 11, 2005... A funny thing is happening at some credit unions in their rush to move away from select employee groups (SEGs) to get those big, broad community charters-it turns out SEGs have legs after all. The Credit Union Journal hosted its sixth...

Denver CU Opens Check-Cashing Facility In Branch.(Denver Community Federal Credit Union)
April 11, 2005... DENVER -- One credit union here has opened a check-cashing facility as part of a new branch. Denver Community FCU, which is headquartered downtown, opened the branch near Invesco Stadium, where the NFL's Denver Broncos play. The...

Product & Service.(Brief Article)
April 11, 2005... D. Hilton Sends Comp Surveys THE WOODLANDS, Texas-D. Hilton Associates Inc. is encouraging credit unions to participate in its annual Executive Compensation and Staff Compensation surveys. "All credit unions with assets of $10 million or...

Early Indications Show Strong Growth For Debt Cancellation Among Military.
April 11, 2005... WASHINGTON -- A model debt cancellation product rolled out jointly by the Defense Credit Union Council and CUNA Mutual Group and targeted to military credit unions has potential for strong growth, according to its backers. Tom Keepers,...

Alabama League Assembles Group With Contacts Among Legislature.(Brief Article)
April 11, 2005... BIRMINGHAM, Ala. -- The Alabama league has put together a group of credit union officials with access to members of the state legislature so that they can be the "front line" to protect CUs from any threats. "Some of them are CEOs, some...

Cal. League Draws 225 To Rally; Speaker (Bremer) Helps Draw Reps.(California Credit Union League, L. Paul Bremer, III)(Brief Article)
April 11, 2005... SACRAMENTO, Calif. -- The California Credit Union League hosted more than 225 CU representatives last week its annual Government Relations Rally here. Ron Fong, the CCUL's director of state government affairs, told The Credit Union Journal...

Lake Michigan Credit Union Latest To Open Car Lot For Off-Lease Vehicles.
April 11, 2005... HUDSONVILLE, Mich. -- Lake Michigan Credit Union, one of the biggest auto lenders among credit unions, has opened a new facility to sell vehicles on which the leases have expired, one of just three used car lots run by a credit union. With...

6th Annual SEG & Business Development Conference.(Brief Article)
April 11, 2005... ORLANDO -- The seriousness with which credit unions are tackling business development-not to mention the inventiveness, creativity and analysis of the process-was on clear display here when The Credit Union Journal hosted its sixth annual SEG &...

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