Credit Union Journal articles from April 2006

Credit Union Journal archives from April 2006

10 Years Ago, CUNA Embarked On A 'Renewal Project' To Overhaul Its Governance. A Look Back At Why, And Where The Trade Association Stands Today.(Credit Union National Association)
April 3, 2006... WASHINGTON -- Ten years before there was such a thing as "Sarbanes-Oxley" the credit union system's largest trade group underwent what may be the greatest corporate restructuring effort in the movement's history: the CUNA Renewal Project. ...

Conversion Voting Packets Mailed: CU, Opponents Now Try To Win Votes For Their Side.(DFCU Financial)
April 3, 2006... DEARBORN, Mich. -- Members of DFCU Financial began receiving packets from their credit union last week complete with a ballot to vote on a planned conversion to a mutual savings bank, disclosure information and opportunities to win big money...

Overwhelmingly, CUs Want No Changes To 'Underserved' Rule.
April 3, 2006... WASHINGTON -- Credit unions overwhelmingly called on NCUA last week to stand up to the bankers' challenge to the agency's underserved expansions policy and back off a proposed rule eliminating the ability of community chartered credit unions to...

CO-OP Continues To Grow As It Merges With ENCORE.
April 3, 2006... ONTARIO, Calif. -- In a move to expand its East Coast presence, The CO-OP Network agreed last week to acquire credit union-owned ENCORE, an electronic funds network for credit unions in the Washington, D.C., area. The deal is the seventh...

On Deadline.(field of membership )
April 3, 2006... Court Rules Against Missouri CUs On FOM JEFFERSON CITY, Mo.-In a ruling that could cause havoc among the state's biggest CUs and affect field of membership challenges across the country, a state court here ruled for the bankers and struck...

CU Hit With Patent Infringement Suit.(Entrust v. Addison Avenue Federal Credit Union)(Brief article)
April 3, 2006... DALLAS -- Entrust, a digital security company headquartered here, has filed a patent infringement lawsuit against Addison Avenue FCU. Officials at the Palo Alto, Calif.-based credit union declined to comment. Chris Voice, Entrust's...

You're Fired-Or Worse! Consumers Rate FIs.(financial institution)(Brief article)
April 3, 2006... ATLANTA -- Almost half of consumers (47%) questioned in a new survey see their financial institution personified as Donald Trump, smart, savvy and successful. Second on the list was Mary Poppins (39%), followed by Ebenezer Scrooge (8%) and Tony...

Deal of A 'Life' Time Offered.(Market and Sales Logic's Community Outreach)(Brief article)
April 3, 2006... TORRANCE, Calif. -- How would you like to take out a full page ad in a major national magazine for about half the cost? That's essentially the idea behind Market & Sales Logic's Community Outreach program. The marketing firm has inked a...

Worth Noting.(SourceMedia )
April 3, 2006... Two Promoted At Journal WEST PALM BEACH, Fla.-SourceMedia, publisher of The Credit Union Journal, has announced several promotions. Frank J. Diekmann has been named publisher, in addition to duties as editor in Chief. Lisa Freeman has been...

Speak X & Y Before They're Ex-Members & U Wonder Y.(First Entertainment Credit Union)
April 3, 2006... Would you run the ad that appears below? If not, chances are you're feeling fat, not phat, you remember when music videos were on Music TeleVision, and when you read "CUL8R," you actually think it may be a credit union name change, not a way to...

Why CUs Must Embrace SOHO Business Marketplace.(small office-home office business)
April 3, 2006... As you mine your member base looking for ways to increase revenue while bringing greater value to the people you serve, it's easy to overlook an important segment-the SOHO, or small office-home office business. According to one study...

Product & Service.(Florida Credit Union League awards)
April 3, 2006... ProCon Creates Governance Model MADISON, Wis.-The ProCon Group, a management consulting firm specializing in increasing organizational effectiveness in the credit union industry, has created a board of directors governance model. The model...

Loan Participations Offer 'Golden Egg' Opportunities.
April 3, 2006... Is your credit union in a challenging liquidity situation? The economy, and its many intricacies, can be challenging for even the most seasoned credit union portfolio manager. Because of its tumultuousness, the stage is set for many of us...

CU Self Assessment Quiz.(credit union)(Brief article)
April 3, 2006... Your credit union may be a good match for a loan participation if you agree with one or more of the following statements. Having money to lend to members, when they need it, is important to my CU. agree disagree not sure Being...

Product & Service.
April 3, 2006... Encore Teams Up With ETBS FALLS CHURCH, Va.-Encore Electronic Services Cooperative, Inc. has entered into an alliance with Electronic Transfer Business Solutions, Inc (ETBS). Credit union-owned Encore said the alliance will bring its...

Two, Four, Six, Eight, Rep. Does Not Appreciate.
April 3, 2006... WASHINGTON -- NCUA's new congressional staff is getting a workout right away. U.S. Rep. Bill Thomas of California, the outgoing chairman of the tax-writing Ways and Means Committee, turned his ire on the credit union regulator again after...

NCUA Rules On FCU Board Seat Reductions.(National Credit Union Administration)(federal credit union)(Brief article)
April 3, 2006... ALEXANDRIA, Va. -- Directors of a federal CU may reduce the number of board seats but must obtain a two-thirds vote to do so, according to NCUA. A change in the number of board seats amount to an amendment to the Federal CU bylaws, and...

People.(Ron Rakowsky joins Colorado and Wyoming Credit Union Leagues)(Melody Hayes gets promoted at Insight Financial Credit Union)(John L. McWilliams joins CUNA Mutual Group)
April 3, 2006... The Colorado and Wyoming Credit Union Leagues, Arvada, Colo., announced that Ron Rakowsky was elected to the Greenwood Village City Council. Insight Financial CU, Orlando, Fla., promoted Melody Hayes to Apopka branch manager and Brandi...

Michigan League, State Reps Want NCUA To Intervene.(National Credit Union Administration)(DFCU Financial)
April 3, 2006... EAST LANSING, Mich. -- Michigan Credit Union League President Dave Adams last week said he and other credit union and legislative officials are asking the National Credit Union Administration to "intervene" in DFCU Financial's conversion...

League CEO's View On DFCU's Disclosures.(Michigan Credit Union League)(Dave Adams)(Brief article)
April 3, 2006... "The disclosures are actually pretty good because they are required by the NCUA," said Dave Adams, CEO of the Michigan league, pointing to the specifics regarding the loss of tax exemption and opportunities for stock awards and stock options....

CUTS! (Credit Unions Take Stock): Author, Analyst Challenges CUs To Demonstrate 'Guts'.
April 3, 2006... ORLANDO -- Are you the kind of leader at your credit union who has the guts to create a place where fully impassioned people show up every day? That was just one of many tough questions posed by an analyst who has studied category-leading...

Giving CU Executives Their CUES for Professional Development: The Credit Union Executives Society's Fred Johnson Talks About Why Education Has Become Imperative For Today's CU Leaders.(Credit Union Executives Society)(Interview)
April 3, 2006... MADISON, Wis. -- To put it "nicely,"-because that's the kind of guy he is-Fred Johnson said, he initially saw the Credit Union Executive Society as a membership organization that was lacking educational content and "woefully behind" technology....

One Milwaukee CU Finds A 'Prime' Reason To Change.(Metropolitan Credit Union changed its name to Prime Financial )(Brief article)
April 3, 2006... MILWAUKEE, Wis. -- The former Milwaukee Metropolitan Credit Union has changed its name to Prime Financial to help expand its reach to potential members. The CU with 34,000 members and $164 million in assets said the previous name-in fact,...

Other Credit Union FOM & Name Changes.(Musicians' Credit Union and Interguild Federal Credit Union have merged)(State Employees Credit Union changes its name)(North Carolina Local Government Employees' Federal Credit Union's names will change to Local Government Federal Credit Union)(Field of Membership )
April 3, 2006... HOLLYWOOD, Calif.-Musicians' Credit Union and Interguild FCU here have merged to form the $80-million Musicians Interguild Credit Union. "Membership will be available to anybody who lives, works or worships in the Hollywood area," said...

Product & Service.
April 3, 2006... ByDesign, Calif. League To Educate LOS ANGELES-ByDesign Financial Solutions and the California league have entered into an agreement to work together to promote financial literacy to CCUL member credit unions in California and Nevada. The...

The CU Journal Daily.(Wescom Credit Union)(K of C Federal Credit Union)(Autotrader.com teamed up with Equifax Inc.)
April 3, 2006... Wescom Creates Own Authentication PASADENA, Calif.-Wescom CU has launched its own two-factor authentication system that it developed in-house. The system was developed by Wescom Resources Group, the CU's CUSO. Introduction comes a week...

How Australia's CU CEOs View Themselves.(credit union)
April 3, 2006... MELBOURNE, Australia -- A marketing research firm here has compiled findings from the first of what is to be a quarterly survey of this country's credit union CEOs. The survey was conducted by Derham Marketing Research (The Credit Union...

Product & Service.
April 3, 2006... New Site Offers Biz Continuity HAGERSTOWN, Md.-Ongoing Operations, LLC, a CUSO offering business continuity services and chartered by seven DC-area CUs, has cut the ribbon on a 32,000 square-foot facility here. The CUSO was formed in March...

Where The Risk Lies In Business Lending.
April 3, 2006... MONTEREY, Calif. -- Member business services is an area with great potential for credit unions-both positive and negative- according to one expert. Doug Benzine, VP-research and consulting with CUNA, told attendees of a breakout session at...

Economic Expansion Continues But Is Starting To Weaken, Hampel Says.(Bill Hampel)
April 3, 2006... MONTEREY, Calif. -- Credit unions should expect strong economic growth in the first quarter of 2006 and two more short-term interest rate increases from the Federal Reserve Board, according to one economist. Bill Hampel, chief economist...

Mergers Hurting Low-Income Areas.(Brief article)
April 3, 2006... BERKLEY, Calif. -- A new study suggests that bank mergers generate negative economic effects in poor neighborhoods, resulting in an increase in property crime. The study, published by "The Journal of Finance," found that neighborhoods...

Don't Let Your CU Become Seniors' Club.(credit union)(Brief article)
April 3, 2006... MADISON, Wis. -- Either attract younger members now, or brace for a credit union that is an investment and savings club for senior citizens. That message is at the heart of a new report that plainly states the inability to attract younger...

Hispanics Shunning Financial Institutions.(Brief article)
April 3, 2006... ATLANTA -- A significant number of Hispanic consumers cashing checks in bank branches do not have a relationship with a bank, savings institution, or credit union, according to a recent research study by Synergistics Research Corp. While...

Educated Workers An Economic Requirement.
April 3, 2006... MADISON, Wis. -- A growing economy is only going to place greater emphasis on the need for workers with higher education, notes a new survey from CUNA that suggests incentive plans are an effective way of recruiting and retaining such talent....

Wescom Goes Old School With Truck.(Wescom Credit Union)(Brief article)
April 3, 2006... PASADENA, Calif. -- Wescom Credit Union is using a restored 1934 Ford stake bed pickup truck as its new marketing vehicle. The credit union was founded that same year as Telephone Employees Credit Union. In addition to the truck, it has...

Arnold Named Marketer of the Year.(Mark Arnold from Neighborhood Credit Union receives award)(Langley Federal Credit Union receives award)(Alternatives Federal Credit Union receives award)(Brief article)
April 3, 2006... ORLANDO, Fla. -- Mark Arnold, Senior VP with Neighborhood Credit Union in Dallas, was named Marketing Professional of the Year by the CUNA Marketing and Business Development Council. The award was presented during the group's annual meeting...

Low Down Payment Plan Is Added.(Latino Community Credit Union)(Brief article)
April 3, 2006... RALEIGH, N.C. -- The local branch here of Latino Community Credit Union (LCCU) has added a first mortgage program it says will make it easier for low-income borrowers to buy a home. "Our members generally hold lower-paying jobs that don't allow...

Community Page.(Bronco Federal Credit Union)(Steel Works Community Federal Credit Union)(Oregon Community Credit Union)
April 3, 2006... Credit Unions In Their Communities * Universal 1 Credit Union, Dayton, Ohio, awarded Tim Borchers and Andrew O'Day $1,000 scholarships. * Chartway FCU, Virginia Beach, Va., awarded Lynnell Hopkins, James Ano, Julie Driscall, Adolfo...

Community Page.(Travis Credit Union)(Missoula Federal Credit Union)(Cuna Mutual Group)
April 3, 2006... Credit Unions In Their Communities * Travis Credit Union, Vacaville, Calif., sponsored the Cal Grant presentation for Solano County High Schools. * Langley FCU, Newport News, Va., held free financial education seminars. * Missoula...

Tips, Advice On SEGs, Business Development Shared.(Kimmet, Rob)(DeShazo, Mike)(Summerbell, Rhoda)(MacDonald, John)(Discussion)
April 3, 2006... ORLANDO, Fla. -- SEGs still have legs. Working with select employee groups remains the primary focus of many executives within credit unions, and a panel discussion of individuals with those job responsibilities was part of the CUNA...

Card Services Division Now Credit Union Card Center.(Brief article)
April 3, 2006... INDIANAPOLIS -- The Card Services division of Servicecorp, the subsidiary of the Indiana league, has changed its name to Credit Union Card Center. Servicecorp COO Diana Arnold said the name change emphasizes that it offers services outside of...

Southeast CUREN Reaches Out To New Members.(Credit Union Real Estate Network)(Brief article)
April 3, 2006... MONTGOMERY, Ala. -- The Southeast Credit Union Real Estate Network Group is seeking new members in Alabama, Georgia, and Tennessee among CUs and CUSOs, mortgage insurance companies, secondary market investors and technology companies working in...

Product & Service.
April 3, 2006... Floyd Unveils Exec Search Service BAYTOWN, Texas-John M. Floyd & Associates, Inc., which has primarily been known for its overdraft protection product, is introducing an executive search service. "In effect, we have assembled our top...

Members Protest At Branches, Now Seeking To Oust DFCU Board.(DFCU Owners United )
April 10, 2006... LIVONIA, Mich. -- Following three-days of anti-conversion protests at three DFCU Financial branches last weekend, members of DFCU Owners United announced plans to step up their efforts with radio advertisements, more newspaper ads and a...

Southeast, Southwest Merge To Become 3rd Largest Corporate.(Southwest Corporate Federal Credit Union and Southeast Corporate Federal Credit Union)
April 10, 2006... PLANO, Texas -- Southwest Corporate FCU and Southeast Corporate FCU have agreed to merge, continuing a consolidation trend that has shrunk the corporate network from 44 to just 26 in the past decade. The union, which was prompted by...

CO-OP Network Renews ATM Co-Branding Deal With TRM.
April 10, 2006... ONTARIO, Calif. -- The CO-OP Network announced last week it has renewed an agreement with TRM Corp. to co-brand 5,500 TRM ATMs, which will continue to carry the CO-OP logo. The deal comes after CO-OP decided just two months ago it was...

Winning From Downtown: Different Strategies For Branches In Urban Cores.
April 10, 2006... SEATTLE -- Was Petula Clark really talking about credit union branch strategies when she sang, "Everything's waiting for you-downtown?" As credit unions have moved to community charters or added low-income areas to their fields of...

On Deadline.(State Employees Credit Union)(Equifax Inc.)(Financial services)
April 10, 2006... Potter's House FCU Shut ALEXANDRIA, Va.-NCUA has liquidated Potter's House Federal Credit Union of Jacksonville, Florida because the CU was insolvent. Chartered in 1999, Potter's House FCU had $233,093 in assets when the regulator...

Quick Thinking, Info Sharing Helps Round Up CU Robbers.
April 10, 2006... WADSWORTH, Ohio -- Quick thinking by a credit union that was robbed and even quicker thinking by one of its employees just days later has led to the arrest of four men suspected of a multi-county crime spree throughout the Buckeye State. ...

Thomas Probes State Charters On Service.(Bill Thomas)(Brief article)
April 10, 2006... ARLINGTON, Va. -- State-chartered credit unions have joined with their federal counterparts and will become part of a congressional effort to measure how credit unions serve their memberships. In a letter to the National Association of...

Worth Noting.(Volunteer Corporate Credit Union)(Brief article)
April 10, 2006... Fahnestock Retires From VolCorp NASHVILLE, Tenn.-Volunteer Corporate Credit Union announced the retirement of CEO A. Bruce Fahnestock after 15 years of service. Albert P. Veach, currently Volcorp's CFO, has been tapped to serve as...

Best Practices Can Be Learned In The Strangest Of Places.(National Credit Union Administration (US government))(DFCU Financial)(Column)
April 10, 2006... As you may have noticed, I'm not wearing a hat in the photo that accompanies this column. That's because I've taken my hat off to the folks involved in the conversion bid by DFCU Financial Credit Union in Dearborn, Mich., to become a bank. Not...

US Fed Hopes Tax Return Loan Program Will Help Build Savings Relationships.(US Federal Credit Union )
April 10, 2006... MINNEAPOLIS -- This tax season US Federal Credit Union has partnered with a free tax assistance program for low-income residents called AccountAbility Minnesota (AAM) to help protect consumers from paying high fees for borrowing money against...

Should Taxpayers Be Repaid When An Ex-CU Goes Public?
April 10, 2006... Unlike with mutual thrifts, it can reasonably be argued that roughly a third of a credit union's capital consists of untaxed earnings. Should taxpayers get paid back if an institution chartered as a credit union decides to forego its mutuality...

Letter To The Editor: Bank Opposition To ILCs Troubling For Several Reasons.(Letter to the editor)
April 10, 2006... As reported in your newspaper, the stance by the Independent Community Bankers of America regarding credit unions owning ILCs is troubling. Two such ILC charters are under review by the FDIC, each chartered for the purposes of providing the CU...

Product & Service.
April 10, 2006... 31 TNB-Clients See Card Growth DALLAS-TNB Card Services reported that 31 of its credit union clients reaped the benefits of a pre-holiday balance transfer promotion, gaining well over $5 million in balances. "The combination of attractive...

DeLay Was Major CU Congressional Ally.(Texas Congressman Tom DeLay is retiring from the House )
April 10, 2006... WASHINGTON -- Last week's announcement that legally embattled Texas Congressman Tom DeLay is retiring from the House will remove a major credit union supporter from Congress. DeLay, who is under indictment in Texas for allegedly rigging the...

People.(James M. Irving joins Greenwood Credit Union)(Kim Westover joins Nevada Federal Credit Union)(Mark Robey joins Colorado and Wyoming Credit Union )
April 10, 2006... Heartland Business Services, LLC, St. Louis, named Michele Cadieux as a loan officer. Greenwood Credit Union, Warwick, R.I., named James M. Irving CEO. Nevada FCu, Las, Vegas, named Kim Westover vice president of mortgage origination....

CU Makes 'Noble' Business Case For Latino-Oriented Branch.(Credit Union)(Mountain High Federal Credit Union)(fast-growing Latino population)
April 10, 2006... PROVO, Utah -- The seventh and newest branch of Mountain High Federal Credit Union is quite different from the previous six: it is targeted to appeal to and meet the needs of this city's fast-growing Latino population. Dennis Dunn, CEO and...

CU Builds Low-Income Branch At Governor's Behest.(Credit Union 1 open a branch office )
April 10, 2006... PEMBROKE TOWNSHIP, Ill. -- In response to a personal request from Illinois Gov. Rod Blagojevich, Credit Union 1 is planning to open a branch office for residents in one of the poorest communities in the state. Set to open in April, the...

Modular Building Allows Quick Market Entry.(new branch traditional construction )(Brief article)
April 10, 2006... OKLAHOMA CITY -- When Tinker FCU had to find a way to be on site in Payne County within two years of NCUA's decision to grant the CU an underserved community in the county, the credit union turned to modular facilities. Using a pre-fabricated...

Product & Service.
April 10, 2006... Online Resources Adds 4 CUs CHANTILLY, Va.-Online Resources Corp. reported that four top credit card issuers in the U.S. have selected its recently introduced Online Resources Collections product, which it described as a "virtual...

Readers' Questions Answered.
April 10, 2006... READER QUESTION ONE Parents are reluctant to leave children in our play area, even though it's easily seen from the MSR area. Are there security issues we need to address, or is the children's play area a thing of the past? Jim...

$1,000 In Savings Per Week: Arrowhead Cuts Costs With Energy Retrofit.(Arrowhead Credit Union)
April 10, 2006... SAN BERNARDINO, Calif. -- When Arrowhead Credit Union invested $55,000 in an energy efficiency retrofit, management hoped it would save $7,200 annually. Turns out, projections were way off. Instead of $7,200 a year, the CU says it is...

Credit Unions Add New Facilities.(CME Federal Credit opens new branch)(Eastern Corporate Federal Credit Union moves to its new headquarters)(CFE Federal Credit Union opens new branch)
April 10, 2006... * Randolph-Brooks FCU, Live Oak, Texas, broke ground for the relocation of its Brooks branch in South San Antonio. * Putnam FCU, Carmel, N.Y., leased space for a new branch in the Brewster Towne Center to be opened in July. The credit union...

The CU Journal Daily.(Barbara Coward)(Fiserv Inc.)(Ent Federal Credit Union)
April 10, 2006... 40-Year Kiting Scheme Busted ALEXANDRIA, Va.-A former teller and later branch manager of Utah Copper Employees CU, was barred from the credit union industry by NCUA, for her involvement in the longest-running fraud scheme in credit union...

Facilitator of Renewal Reflects On CUs, Personalities.(Dr. John Odom)
April 10, 2006... MADISON, Wis. -- In a room filled with people seeking to protect their turf and people seeking to get some of that turf for themselves, there was one man at the table with nothing at all at stake: the facilitator. Dr. John Odom served as...

What Renewal Committee Is Tackling Now.(Credit Union National Association)
April 10, 2006... WASHINGTON -- With 2006 marking the 10th anniversary of CUNA's Renewal Project, a new blue-ribbon panel is tasked with reviewing the outcome of Renewal and assessing new issues, as well. Every five years a Renewal Review Committee goes over...

It's A FACT: Comment Sought.(Fair and Accurate Credit Transaction Act )(Brief article)
April 10, 2006... WASHINGTON -- The federal financial institution regulatory agencies and the Federal Trade Commission have jointly issued for comment an Advance Notice of Proposed Rulemaking on section 312 of the Fair and Accurate Credit Transactions Act (FACT...

SECU, Hertz Sell 1,000 Vehicles.(State Employees Credit Union)(Brief article)
April 10, 2006... RALEIGH, N.C. -- State Employees' Credit Union and Hertz Car Sales have teamed up to place 1,000 members into a reliable car at an affordable price. The cars were sold at fixed prices or below NADA value and Hertz provided vehicle service...

North Island En Espanol.(Spanish-language website )(Brief article)
April 10, 2006... SAN DIEGO -- North Island Credit Union has launched its own Spanish-language website providing information on accounts, loans, branch and ATM locations and information plus other services. Members can enter the mirror site by clicking on a link...

FCUL Launches Leadership Councils To Help Develop Mid-Level Expertise.(Florida Credit Union League)
April 10, 2006... TAMPA, Fla. -- In a new effort to offer more to its members, the Florida Credit Union League is set to start its own leadership council, modeled after CUNA's national-level programs. The Leadership Councils of Florida will focus on human...

Xerox CU Salutes New Law.(credit union)(Badge and Uniform Security and Trustworthiness Act)(Brief article)
April 10, 2006... ROCHESTER, N.Y. -- Law enforcement and local officials gathered at the Xerox FCU branch here to commemorate a new law making it a federal crime to use the uniform or badge of law enforcement in a misleading or deceptive way. The new law,...

CMG Buys $2.5M In MBLs.(CUNA Mutual Group )(member business loans )(Brief article)
April 10, 2006... MADISON, Wis. -- CUNA Mutual Group has purchased $2.5 million in member business tax medallion loans from the League of Mutual Taxi Owners FCU, which it plans to add to its CU System Fund, an MBL-derived mutual fund that will be sold to credit...

CUNA Courses OKd For Credit.(The Credit Union National Association developed courses )(Brief article)
April 10, 2006... MADISON, Wis. -- CUNA reported that the University of Phoenix Online is now accepting a number of CUNA-developed courses for credit union staff, managers, and volunteers for college credit. CUNA said the selected courses were evaluated and...

SBA Accepts BECU Into Program.(Small Business Services)(Boeing Employees Credit Union)(Brief article)
April 10, 2006... TUKWILA, Wash. -- BECU has been granted the SBA's top lending designation by securing Preferred Lender status. BECU is the first credit union in the state of Washington and one of only six other credit unions throughout the country to earn the...

New Financial Literacy Program Is 'FoolProof'.(Education Credit Union Council)(Brief article)
April 10, 2006... SPANISH FORT, Ala. -- The Education Credit Union Council has joined with Remar Sutton and Associates to launch a turnkey student financial education program it is calling "FoolProof." "Our program uses web-driven, interactive modules, and video...

Eastern Airlines Flies Again - On Card Faces.(Brief article)
April 10, 2006... MIRAMAR, Fla. -- Although it hasn't flown since 1991, Eastern Airlines is being remembered on the cardfaces of new MasterCards now available to members of Eastern Financial Florida Credit Union. The $2-billion CU is the former Eastern Airlines...

PACE Power Card Lets Members Earn Points.(Brief article)
April 10, 2006... VAUGHAN, Ontario -- PACE Savings and Credit Union is replacing its existing debit card with the PACE Power Card, which will allow members to earn three TruCa$h reward points for every dollar spent using the card. TruCa$h is a rewards program...

Indy League Division Now CU Card Center.(Servicecorp Card Services renamed Credit Union Card Center )(Brief article)
April 10, 2006... INDIANAPOLIS -- The Card Services division of Servicecorp, the subsidiary of the Indiana league, has changed its name to Credit Union Card Center. Servicecorp COO Diana Arnold said the name change emphasizes that it offers services outside of...

Loan Volume Topping Levels Seen In 2005.(Corporate Central Credit Union)(Brief article)
April 10, 2006... HALES CORNERS, Wis. -- Corporate Central Credit Union is reporting loan volume to member credit unions that is far outpacing what was seen during 2005. During January of this year, the corporate said it had loaned $585 million to member CUs,...

Underserved Session Has Great Turnout.(Brief article)
April 10, 2006... DES MOINES, Iowa -- More than 100 Iowa credit union representatives turned out for the first-ever Serving the Underserved Summit at the Iowa Events Center. Discussion centered on alternatives to payday lending, asset building for low-wealth...

Community Page.(St. Mary's Bank)(Army Aviation Center Federal Credit Union)(Weokie Credit Union)
April 10, 2006... Credit Unions In Their Communities * iQ Credit Union, Vancouver, Wash., sponsored a free retirement fair. * Missoula FCU, Missoula, Mont., taught 45 financial education seminars to more than 600 students. * Woodstone CU, Federal...

Mich. Governor Urges Members To Vote Carefully.(Jennifer M. Granholm )
April 10, 2006... LANSING, Mich. -- Michigan Gov. Jennifer M. Granholm has weighed in on the conversion bid by DFCU Financial Credit Union in Dearborn, Mich. Granholm, who is a member of the credit union, issued a statement that urged the credit union's members...