Credit Union Journal articles from July 2004

Credit Union Journal archives from July 2004

Projections See Stronger Economy On The Horizon; Effect Of Rising Rates Is Queried.
July 5, 2004... Signaling an end to an era of cheap money, the Federal Reserve Board last week hiked its target for the bellweather Fed Funds rate by 25 basis points from its 46-year-low of 1%. The rate hike, the first in four years, is widely seen as the...

NCUA Examiners Get The OK For Union Elections.(National Credit Union Association)
July 5, 2004... In the culmination of a year-long organizing effort, rank-and-file employees at NCUA voted last week to form a collective bargaining unit under the auspices of the National Treasury Employees Union. The vote was 345 to 220 for a local that...

Failing To Get Outside The Box: How Can You Think Outside The Box, If You Don't Know You're In It?(Credit unions)
July 5, 2004... There's something refreshing about a speaker who calls his own advice "not particularly useful," acknowledging that even though he knows everyone in the room agrees with what he has to say, not a single one of them is likely to put it into...

Study: Savings Good For Members, And CUs.(credit unions )
July 5, 2004... Encouraging members to save more of their money is more than just good for the member-it's good for the credit union. A new analysis from the Filene Research Institute shows that by increasing savings per member, credit unions can reduce...

On Deadline.
July 5, 2004... CUNA Mutual Seeks Union Breakthrough MADISON, Wis.-CUNA Mutual Group presented a new contract offer to its employees' union last week in an effort to break a three-month stand-off on contract negotiations. In its latest proposal to the...

Time To Sign Up For Day In the Life !(Brief Article)
July 5, 2004... The Credit Union Journal is now accepting participants in its annual Day in the Life of Credit Unions project. This popular feature always fills up fast, so make sure to contact Judy Hartnett (jhartnettcujournal.com, or 888-832-2929) as soon as...

CUNA, Lawmakers Urge CUs To Stand Up And Be Heard.(Credit unions)(The Credit Union Natinal Association)
July 5, 2004... Several Members of Congress joined CUNA CEO Dan Mica in urging credit unions to "stand up and make themselves heard" on Capitol Hill in a live, national webcast hosted by CUNA. Credit unions cannot allow the bankers, who recently stepped up...

Worth Noting.(Brief Article)
July 5, 2004... Apps Accepted For Scholarships RANCHO CUCAMONGA, Calif.-The Richard Myles Johnson Foundation is now accepting applications for its Leadership Scholarship Program for the 2004-2005 school year. The program provides four scholarships of...

Merger & FOM Update.(Brief Article)
July 5, 2004... Burning Mountain Merges Into Western Rockies RIFLE, Colo.-The $9.8-million Burning Mountain Credit Union is merging into the $70.5-million Western Rockies FCU. BMCU cited the ability to expand product offerings for agreeing to the merger...

The Overlooked Value Of Doing Cultural Due-Diligence.(Credit unions)
July 5, 2004... When it comes to most mergers in any industry, but especially in credit unions, making the numbers work is the easy part. Perhaps it's too easy. In nearly all CU mergers, everything hinges on the financial due-diligence given by auditors,...

Langley FCU Targets Payday Lenders With New Low-Cost 'Quick-Cash' Option.(Federal Credit Union)
July 5, 2004... Payday lenders are being targeted by a new alternative product being rolled out by Langley Federal Credit Union. Called Quick Cash, it can save borrowers hundreds of dollars in ridiculously high interest rates being charged by payday...

Liquid Gold: Another CU Uses Gas As Lure.(Fiberglas Credit Union)(Brief Article)
July 5, 2004... The idea of using gasoline as a promotional tool is growing as the price of gas rises. The $83-million Fiberglas Credit Union here has rolled out a promotion in conjunction with Englefield Oil/ Duke and Duchess that offers $100 in free gas to...

Analyst: Rising Rates Should Scuttle Mortgage Plans.
July 5, 2004... Interest rates have risen from recent generational lows, but they still are below what was considered an excellent rate just a few years ago, according to one person, who believes sufficient factors remain in alignment and make this the perfect...

Product & Service.(Great Lakes Estate Planning (GLEP))
July 5, 2004... BTC, Great Lakes In Trust Deal NAPERVILLE, Ill.-Bator Training & Consulting, Inc. (BTC) has entered into a partnership with Great Lakes Estate Planning (GLEP) to provide trust services to credit unions. Oak Brook Terrace, Ill.-based GLEP...

CEO Of One Would-Be Merger Partner Says Plan May Return 1 Day.(chief executive officer)
July 5, 2004... Although the merger between Portland Teachers Credit Union and Oregon Community Credit Union has been called off, OCCU CEO Gordon Hoerauf, said the deal may take place in the future. But at present, he said, there are just too many issues...

CUES, Board Source Publish Study.(Credit Union Executives Society)(Brief Article)
July 5, 2004... The Credit Union Executives Society, in partnership with Board Source, and leadership development organization for board members of nonprofit organizations, has published "Credit Union Board Self-Assessment: A Research Study." Free to CUES...

Debt Cancellation Begins To Get Toehold Among CUs.
July 5, 2004... Debt cancellation-a two-party contract in which a lender agrees to cancel, defer or suspend debt when one or more specified events occur, in return for a fee-is offered by just 26 credit unions in the United States. Yet that figure is up...

Product & Service.(Automotive Avenues, Inc. (AAI), Rembrandt Lending System)
July 5, 2004... CUNA Mutual Unveils New Resource SAN DIEGO-CUNA Mutual Group has developed a new online resource it says will help keep credit union leaders informed of the topics and issues important in running a credit union. Announced during the...

How To Plan For The Future Now (Rather Than Lying Later).
July 5, 2004... Since not even Nostradamus always got predicting the future right, strategic planning must be about planning for several scenarios rather than adopting one course based on a future no one can forecast, according to one planning expert. ...

DSI's Four Scenarios For The 2010 Competitive Landscape.(Decision Strategies International)
July 5, 2004... Cocooning The competitive environment is highly protected and consumer demand for products and services is largely homogenous. A weak economy at both the national and local levels, combined with a highly unstable geopolitical world, which...

Product & Service.(Volunteer Corporate Credit Union)(Federal Aviation Administration Federal Credit union)
July 5, 2004... VolCorp Has 1st SimpliCD Investor NASHVILLE, Tenn.-Volunteer Corporate Credit Union (VolCorp) reported that FAA Federal Credit Union has become the first investor in its "SimpliCD" program. The certificate of deposit program offers...

Bankers Are Drawing Blanks On CU Tax Bid.(credit unions)
July 5, 2004... The headline in CUNA's weekly NewsWatch newsletter read, "CUNA to Congress: Bankers' Tax Attack is Trash." The front page article went on to explain that the bankers were inundating Capitol Hill with postcards calling for repeal of the...

Student Loan Rates Plunge To New Lows.(Brief Article)
July 5, 2004... While short-term rates were rising last week, the interest rates on guaranteed student loans, which are tied to the three-month Treasury bill, were falling to their lowest ever. The rate on the Federal Stafford Loans issued on or after July...

Matz Joins Neighborhood Reinvestment Corp.(Reinvestment Corp)(Brief Article)
July 5, 2004... NCUA Board member Deborah Matz was named as vice chair of the Neighborhood Reinvestment Corp., a not-for-profit organization that promotes investment in inner cities and low-income communities. Matz was instrumental in convincing New...

People.(FAIRWINDS Investment Services, Fairless Credit Union)
July 5, 2004... FAIRWINDS Investment Services, Orlando, Fla., named Jim Herbert financial advisor. Fairless Credit Union, Morrisville, Penn., named Carrie Rosales personal mortgage loan officer. Michigan Credit Union League, Plymouth, Mich., announced...

Community Page.(American Heritage Federal Credit Union, Tempe Schools Federal Credit Union )
July 5, 2004... AHFCU CEO Honored By Hospital PHILADELPHIA-American Heritage FCU CEO Bruce Foulke was honored by The Children's Seashore House, part of the Children's Hospital of Philadelphia, for charitable contributions. CU Chapter Attends Political...

The CU Journal Daily.(CREDIT UNION)
July 5, 2004... Bankers Want More CU Disclosures WASHINGTON-The banking lobby called on the head of the tax-writing House Ways and Means Committee last week to reapply a requirement for credit unions to file the same financial disclosures with the Internal...

Two Countries, Two Systems, Two Approaches: FCUs Increasingly Expand Into 'Underserved' Areas.(Federal Credit Unions)(Brief Article)
July 12, 2004... Increasingly, federal credit unions are seeking to put the "served" in underserved communities. In this issue The Credit Union Journal launches a comprehensive look at why credit unions are expanding into so-called "underserved...

Canada CUs' Similarities, Differences Offer Lessons For U.S. Counterparts.(Credit Unions)
July 12, 2004... America's credit unions are Canadian immigrants, and that country's CU community remains closest in operations and scope to those in the U.S. As thousands flock to Canada for NAFCU's annual meeting. Here's a look at the Canadian system, which...

Sunshine State CU Members First In Florida To Vote To Convert To A Bank.(Credit Union)
July 12, 2004... Sunshine State CU became the latest credit union-and first in Florida-to make the jump to bank charter when members of the 52-year-old credit union voted on the final day of June to approve the switch. Mark Lecain, president and CEO of the...

Bank Photo Contest Inspires Penn. CUs To Take Up Cameras.(Pennsylvania Credit Union Association )
July 12, 2004... A photo contest by three national banking trade groups searching for examples of credit unions deviating from their original mission may have backfired when the Pennsylvania Credit Union Association called on its members to participate. ...

On Deadline.
July 12, 2004... Fed Action Spurs New Mortgage Lending WASHINGTON-The recent move by the Federal Reserve to boost short-term interest rates and its implications for long-term rates in the near future apparently prompted a new rush to mortgage refinancings...

Hawaii PALS Workshop Focus: Diversify Your Membership.(Partnering and Leadership Successes)
July 12, 2004... The next Partnering and Leadership Successes workshop coming up Oct. 27 in Honolulu will focus on the topic "New Ideas to Reach New Members," providing credit unions with strategies for diversifying and penetrating membership. The PALS...

Dykstra Moves To SFFCU, York Replaces Her At CoastHills FCU.(San Francisco Fire Credit Union, Federal Credit Unions)(Brief Article)
July 12, 2004... Who says it doesn't pay to advertise? CoastHills FCU EVP Jeff York, who was featured in The Credit Union Journal for his bid to find a CEO post, finally got his wish. President/CEO, Diana Dykstra, will be leaving the $430-million dollar...

Sign Up Now For A Day In The Life Of Credit Unions!(Brief Article)
July 12, 2004... The Credit Union Journal is now accepting participants in its annual Day in the Life of Credit Unions Project. On the same day in August, approximately two-dozen credit unions from around the U.S. and around the world shoot photos of events at...

Worth Noting.
July 12, 2004... PEFCU Donates $500,000 WEST LAFAYETTE, Ind.-The Purdue Employees Federal Credit Union announced a gift of $500,000 to Purdue Intercollegiate Athletics, a continuation of their efforts to benefit the university's 1.3 billion campaign for...

All This Looking Forward Benefits From Looking Back.
July 12, 2004... It will be 2004 when thousands of federal credit unions descend upon Vancouver, B.C. for NAFCU's annual convention this week, but there will be plenty of discussion about 2009 and 2014 and beyond. That's because by their very nature most...

At The Helm 7x24x365: Navy Fed CEO Brian McDonnell Discusses Common Bond And The CU Difference.(Interview)
July 12, 2004... It's been 34 years since Brian McDonnell went to work for Navy FCU. During that time the world's largest credit union has grown from around $90 million in assets, located in cramped headquarters in a downtown Washington, D.C., Navy yard, to...

Is Your Credit Union Doing Everything It Can To Protect Your Members From ID Theft ?(Identity theft)
July 12, 2004... NAFCU prides itself in staying ahead of the curve on issues important to the credit union community. One issue that has increasingly alarmed our members is identity theft. In hearings before his House Financial Services subcommittee last...

Loans For Hybrid Cars Popular; Unfortunately, So Are Cars.(SESLOC Federal Credit Union promotes Hybrid Vehicles )
July 12, 2004... SESLOC Federal Credit Union is doing its best to prove Kermit the Frog wrong. The Muppet, who famously sang "It's Not Easy Being Green" for TV and movie audiences, probably would be surprised to see how easy it has been for SESLOC members...

'Little Bank of Horrors' Is Feature.(Vista Federal Credit Union)(Brief Article)
July 12, 2004... It is a horrible sight to behold: a huge, green plant shakes dollar bills out of a man's pockets as it dangles him upside down over its wide-open mouth. At the same time, the ravenous plant tries to snatch a woman's purse out of her hands with...

Product & Service.(expanison and devlopment of various credit unions )
July 12, 2004... Northwest Corp. Expands ALM PORTLAND, Ore.-In an effort to meet the wide-ranging needs of member credit unions, Northwest Corporate Credit Union has expanded its asset-liability management services to include additional risk monitoring...

High-Paying Job Doesn't Pay: Where One Long-Time Volunteer Has Gotten Rewards.(Hudson Valley Federal Credit Union reaches heights because of Thad jones)
July 12, 2004... Thad Jones doesn't care for the limelight. In fact, he said, he would have been just as happy to "fade away" without any recognition at all for his volunteer work with Hudson Valley Federal Credit Union here. His peers at at the...

A Long-Time Learning Opportunity: Director Sees Role As Focus On The Mission Statement.(learning opportunities and benefits of joining a credit unions )
July 12, 2004... When Chris Yarnell was first asked to join his credit union's board of directors in 1979, he saw it as an opportunity to learn. Sure, he was young, but as an IBM employee with a background in sales-and some of that experience in the banking...

FCU Of The Year Recognized For What It Did-And Didn't Do-In Strike.(Vons Employees Federal Credit Unions devlopment and roles and responsibilty of Steve weakley)
July 12, 2004... When Steve Weakley became CEO of Vons Employees FCU, he never imagined that his position of leadership at the $230-million cooperative would one day cast him into a storm. Yet such was the case when a tempest of conflicting labor positions...

Mission FCU Granted $1.6 Million To Help Build Shelter, Rehab Facility.(Federal Credit Unions)
July 12, 2004... In one of the first efforts of its kind, Mission FCU was named the recipient of $1.6-million in grants to help build a shelter and rehabilitation facility for disabled veterans in Southern California. The grants were provided by the Federal...

Bankers' Clever Wedge Must Be Rejected, Or Else...(bankers become choosy in selecting the credit unions)
July 12, 2004... In recent months, bankers' anti-credit union rhetoric has reached a fevered pitch. They have also gotten smarter and more creative with their message targeted to elected officials. The bankers are telling their state legislators and...

Does Level Playing Field Mean Stock Options For CU Execs?(Credit Unions)(Brief Article)
July 12, 2004... First, I'd like to mention that I absolutely love reading The Credit Union Journal. I find it to be one of the most relevant periodicals that I read, and I often find ideas within The Journal that we work to implement to increase our services...

The Mysterious Case Of The Broken Branch By Jay Kassing.
July 12, 2004... I was talking with a friend the other day and he had a real life marketing challenge. I call it the Case of the Broken Branch. My friend is the marketing officer at a small credit union. He was trying to get every member service rep and...

Your Service May Be 'Legendary,' But What's The Legend?
July 12, 2004... I was having a conversation the other day with a good friend about great customer (member) service and he asked me, "Why is it that whenever you hear a conference speaker talk about that subject, you are almost guaranteed to hear a Nordstrom...

Why The Best Place To Start With Research Is Often At Home.
July 12, 2004... Recent employee surveys and staff focus groups reveal two key concerns: the need for more effective training and frustration with incentive pay programs. Weaknesses in both areas stem from diverse sources but always lead to inconsistent service...

Product & Service.(Credit Union Tax Services )
July 12, 2004... CU Tax Services Is New Name HOUSTON-The credit union division of Tax Refund Express has changed its name to Credit Union Tax Services. "This is a very exciting time for us here at Credit Union Tax Services," said Rob Jones, director of...

Is It Time To Revitalize Your Credit Union?: Immediate Steps That Can Be Taken To Breathe New Life Into The Operation.(plans to devlop credit unions)
July 12, 2004... It's no secret that success in today's financial services industry depends upon a variety of factors. Perhaps none of these are more important than finding ways to appeal to a more diverse array of people and incorporating a technology that is...

Product & Service.(brief)(Insight Financial Credit Union)(Adfluence, Inc.)
July 12, 2004... Discounts For IntegraSys Clients ROCKVILLE, Md. and PLANO, Texas- Adfluence, Inc. and IntegraSys have struck a deal to offer discounts on interactive Internet marketing services to credit unions. Adfluence will offer preferred pricing for...

NAFCU Is Emerging As A Political Force.(National Association of Federal Credit Unions plans for fund rasing )
July 12, 2004... After falling behind in recent elections, NAFCU has slowly begun to rebuild its political fundraising to the point where players on Capitol Hill are starting to take notice. Though still not in the same league as CUNA, which will make more...

People.(appointments and awards of credit unions)
July 12, 2004... The Hawaii Credit Union League, Honolulu, announced that Director Goro Hokama passed away. The Michigan Credit Union League, Plymouth, Mich., awarded Howard Spencer, Northland Area FCU, the distinguished service award. PSECU,...

Keeping Folks From Being Sold DOWN THE RIVER: The Steel Industry Left-DCFCU Serves Those Left Behind.(Downriver Catholic Federal Credit Union)
July 12, 2004... While Downriver Community Credit Union is proud to claim a full menu of product and service options, it prides itself on taking care of the needs of all of its members-even those who only need a few hundred bucks to pay an electric bill. ...

Efforts Worth Noting: United Nations FCU Partners With Smaller CU On Mortgages.(United Nations Financial Services partnership with Lower East Side People Federal Credit Unions)
July 12, 2004... United Nations Financial Services Corp., the CUSO of United Nations FCU, is entering into a partnership with Lower East Side People's FCU to boost homeownership among the latter's mostly low-income membership. UNFCU Mortgage Center will provide...

Defining Just What Is 'UNDERSERVED': Expansion Brings New Understanding, Challenges.
July 12, 2004... Ann Campbell learned a lesson when she applied with the National Credit Union Administration to serve an underserved area east of the city of Boulder, Colo. The term "underserved," NCUA said, has nothing to do with serving a low-income...

Loan Program To Help With Energy Efficiency Aimed At Low-Income.(Brief Article)
July 12, 2004... Rising energy costs are just one more worry for those with low incomes. To provide some relief, Credit Union ONE here has rolled out a new low-interest loan to help people to improve home energy efficiency. The new program, called...

Taking The CU Message DOWNTOWN: Baton Rouge's Efforts To Revitalize City Center Twin Nicely With CU's Goals.(Eagle Louisiana Federal Credit Unions)
July 12, 2004... The term "underserved areas" sometimes means more than just a segment of the population. Occasionally, the geographic region needs support as much as its residents. Those twin targets were behind the service initiative for Eagle...

News Briefs: NACCU Conference Features Johnson, Hammerschlag.(National Association of Community Credit Unions' )(Brief Article)
July 12, 2004... The National Association of Community Credit Unions' Sixth Annual Conference will feature NCUA Chair JoAnn Johnson and Dr. Carl Hammerschlag, a Yale-trained psychiatrist, author and speaker. The theme for the meeting, to be held Oct. 3-6 at...

Illinois Foundation Offers Grants To Fund Efforts To Reach Out.
July 12, 2004... Credit unions who want to reach out to low-income and underserved communities in Illinois can apply for grants of up to $15,000 through the Illinois Credit Union Foundation's new Financial Independence and Revitalization Effort (FIRE) program....

Building Relationships ONE ACCOUNT At A Time: Using Lessons Learned In One Underserved Market, First Commonwealth Is Now Expanding Into Other Markets.
July 12, 2004... First Commonwealth Federal Credit union doesn't shy away from underserved markets, despite the fact that they take extra time and effort to serve. In fact, the credit union is continuing to seek out new population segments, tailoring its...

Risks & Rewards: One CU Finds Underserved FOM Offers A Payback.(Credit unions )
July 12, 2004... There are some risks that credit unions should take on, according to Sharon Angle, the CEO of Butte Federal Credit Union. Its expansion into an underserved field of membership is one of those risks she recommends. "There are so many...

Working To Raise The TIDE: In Corpus Christi, Texas, Board Educates Itself On Benefits Of Expansion Before Making Move.(Suntide Federal Credit Union)
July 12, 2004... Serving the underserved often is viewed as simply meeting the financial needs of a geographic area or population segment lacking credit union services. But it can also be a growth strategy, allowing credit unions to move into new,...

CFFCU Expands Into Its Community, And Learns To Speak The Language.(Cannon Financial Federal Credit Union)
July 12, 2004... Cannon Financial Federal Credit Union sees its adoption of underserved fields of membership in this Orange County city as a two-way streeet. Jess Lawson said the credit union-which on May 23 was granted approval for a name change from...

60 Miles, 80 People: Why 1 Alaska CU Is Reaching Out To Place To Which No Roads Go.(Credit Unions)
July 12, 2004... For most credit unions, picking up and serving a field of membership 60 miles away would create few problems. The distance might cause some inconvenience, but in this era of super highways the whole thing is, well, manageable. Take that...

Deading For Home: Qualtrust FCU Returns To Its Physical Roots In Expanding To Serve San Angelo, Texas.(Federal Credit Unions)
July 12, 2004... Some credit union executives see their opportunity to serve underserved markets as a return to the movement's roots. In at least one case, that return was physical as well as philosophical. Qualtrust Federal Credit Union wasn't always...

How To Reach Out To Underserved? First, Find Out Who They Really Are.
July 12, 2004... "Serving the underserved" has been an important mantra in fending off banker efforts to repeal the credit union tax exemption, but there is some confusion about just what it means to be "underserved" in America. While many in credit union...

Going From DEFENSE To Going On The OFFENSE: Former Defense Credit Union Now Reaching Out To Virginia Community.(Commonwealth One Federal Credit Union, Harrisonburg, Virginia)
July 12, 2004... Commonwealth One Federal Credit Union didn't know it was entering the underserved market when it took on an educationally-based select employee group two hours south of its metropolitan Washington D.C. headquarters. But the unexpected...

'Flex 100' Home Loan Plan For Those Without Down Payment.(Federal Credit unions plans for a home loan program)(Brief Article)
July 12, 2004... The $2.7-billion CEFCU has rolled out an affordable program for home buyers that it is calling the "Flex 100 Home Loan Program." The program allows the home buyer to finance 100% of the purchase price, offers a fixed payment for the term...

Drug Abuse. Crime. Abandoned By Bank. Yet Van City Was Undeterred.(VanCity Savings Credit Union)(Portland Hotel and Community Services Society)
July 12, 2004... VanCity Savings Credit Union knew exactly what it was getting into when it opened a facility in a tough part of town here. And it went ahead anyway. "Pigeon Park is the poorest postal code in Canada, it is a community in crisis," said Sara...

How Merger With One Tiny CU Has Led To A BIG MARKET.(SCE Federal Credit Union )
July 12, 2004... It began with the absorption of one tiny, $300,000 credit union. Today, SCE Federal Credit Union has found underserved communities to be so worthwhile-including to its bottom line-that it has invested in physical branches in four different...

SERVING the Financially Excluded in Scotland: The 'Underserved' Aren't Limited To The U.S. And Canada. Here's Why One CU In Scotland has Won Awards For Its Efforts.(Interview)
July 12, 2004... Is isn't just credit unions in the United States that are expanding their fields of membership. Here along this country's east coast, a relatively new credit union serving the capital of Scotland is also reaching out to broad new audiences. ...

A Veteran CU Offers Advice On WHAT TO DO FIRST.
July 12, 2004... While many credit unions remain rookies when it comes to expansion into underserved communities, Kern Schools FCU here qualifies as a veteran. The credit union expanded its services an underserved community five years ago, and management...

National Federation Elects Its Board.(National Federation of Community Development)(Brief Article)
July 12, 2004... The National Federation of Community Development (CD) CUs elected new board members during its 30th Anniversary meeting. Elected were Melissa Marquez, Genesee Co-op FCU, Rochester, N.Y.; Sharon Saulters, Triumph Baptist FCU, Philadelphia;...

Product & Service.(American Airlines Federal Credit Union)
July 12, 2004... Credit Union 24 Pays Out $2M TALLAHASSEE, Fla.-Credit Union 24 has paid its network-participating credit unions more than $2 million from October 2003 to May 2004 as part of its POS Platinum Rewards Program-a system it says is designed to...

With Sponsor Co. Gone, Serving Underserved Area Is New Nestegg.(Nestegg Federal Credit Union)
July 12, 2004... Credit unions don't always seek to serve the underserved just because it's the right thing to do; sometimes, it also makes good business sense. In the case of Nestegg Federal Credit Union, however, serving the underserved became a strategy...

What Americans Can Learn From Canada's Credit Unions.
July 12, 2004... MADISON, Wis.-Credit unions in the U.S. could learn a thing or two from their counterparts North of the Border, according to one American credit unionist who has worked in Canada. CUNA Mutual's Larry Blanchard told The Credit Union Journal...

Banks Top CUs In Revolving Debt.(credit unions)(Brief Article)
July 12, 2004... Though credit unions represent the majority of all credit card issuers in America today, banks still manage more than 10 times the amount of revolving credit compared to credit unions and that gap continues to grow, according to R.K. Hammer, a...

NYSCUL Honors Spearman.(New York State CU League)(William L. Spearman)(Brief Article)
July 12, 2004... William L. Spearman, CEO of Mid-Hudson Valley Federal Credit Union, was named 2004 Professional of the Year among credit unions with more than $50 million in assets at the New York State CU League's annual convention in Saratoga Springs. ...

2004 Meetings & Events.
July 12, 2004... JULY July 18-23 CUNA Business Lending Institute: Parts I & II, Fluno Center, Madison, Wis. Phone: 877-773-5866. For info: 800-356-9655, or www.cuna.org. July 18-29 CUNA Management School, Chadbourne Hall, Madison, Wis. For...

Guten Tag: Wisconsin's CUs Invited To Visit Germany.(Wiconsin Credit Union League)(Volksbank Giessen-Friedberg)(Brief Article)
July 12, 2004... The Wiconsin Credit Union League is inviting Wisconsinites to participate in a joint education effort with their credit union counterparts in Germany. Germany's fourth-largest credit union, the Volksbank Giessen-Friedberg, located in the...