Credit Union Journal articles from September 2005

Credit Union Journal archives from September 2005

Many CUs Remain Unaccounted For In Wake Of Hurricane Katrina.(credit unions)
September 5, 2005... JACKSON, Miss. -- Many of the credit union victims of Hurricane Katrina are still scattered all across the country, unable to return to what is left-if anything-of their homes and their financial institutions, and the efforts to assist the...

A CUJ Special Report: Four Years After September 11: The Changed World of COMPLIANCE.(Brief Article)
September 5, 2005... WEST PALM BEACH, Fla. -- Is bouncing a check a suspicious activity? Should a report be filed? Does the member have an unusual number of deposits in his checking account? Is he or she in a position to be bribed? Few could have predicted...

NCUA Drops Its Objections To Two Texas Conversions.(National Credit Union Administration)
September 5, 2005... ALEXANDRIA, Va. -- In a rapid retreat last week, NCUA agreed to drop its objections to the charter conversions of Community CU and OmniAmerican CU, clearing the way for the two largest credit union-to-bank shifts ever. The deal, struck...

Changes Likely After Hearings On Texas Conversions.
September 5, 2005... AUSTIN -- The Texas Credit Union Department is considering changes to its credit union-to-bank conversion rules in the wake of the controversy over the conversions Community CU in Plano and OmniAmerican CU in Fort Worth. "Without tipping...

On Deadline.(credit unions and banks come forward )(Brief Article)
September 5, 2005... Special Plans Made For Automatic Deposits WASHINGTON-Credit unions and banks in Louisiana, Alabama, and Mississippi have implemented contingency procedures in the wake of Hurricane Katrina that meant a normal payday for millions of...

With Closure List Announced, Defense CUs Are Sighing-Or Buying.
September 5, 2005... WASHINGTON -- Reaction among defense credit unions to the latest Base Realignment and Closing Commission (BRAC) recommendations has been a predictable "let's wait and see what happens" and "we saw it coming." But some credit unions might be...

Arrowhead CU Fined For Not Reporting Contributions.(credit Union)
September 5, 2005... SAN BERNARDINO, Calif. -- Arrowhead Credit Union has been fined after it failed to report 124 campaign contributions for a total of $104,441.50 it made between January 2000 and June 2004. Pete Aguilar, Arrowhead's vice president and...

Availability Of Parking Becomes Sales Point In LA.(First City Credit Union)(Brief Article)
September 5, 2005... LOS ANGELES -- With competition here fierce and advertising fiendishly expensive, First City Credit Union decided to kill two birds with one stone. It recently placed a 30-foot banner on the exterior of its downtown branch promoting validated...

Worth Noting.(Ella Robinson honored.)(Texas Credit Union Service Centers changes its name to Member Service Centers Inc.)(State-Chartered Credit Union Preservation and Promotion Act turned to law)(Brief Article)
September 5, 2005... New York's SCUs Get Parity ALBANY, N.Y.-New York Gov. George Pataki has signed the State-Chartered Credit Union Preservation and Promotion Act into law. The law exempts state-chartered credit unions from paying New York state and local...

Comply With This: Watch Closely, But Also Don't Watch.(Editorial)
September 5, 2005... I finally understand why it's called the Bank Secrecy Act-because how it works appears to be something of a secret. The same holds true for anti-money laundering rules, which can be grasped almost as readily as the instructions for assembling a...

Rethinking Reclassification of Deposits.
September 5, 2005... While the credit union market has grown in the past few years, in an effort to continue growing its membership base, credit unions must be proactive about seeking ways to increase profitability. By increasing profits, credit unions are able to...

Segmentation A Good Start, But There Is Is More To It.
September 5, 2005... Why segment? Take the extreme example: if a credit union surveys its 4,000 members and 2,000 are completely satisfied while the other 2,000 are completely dissatisfied, the overall results are neutral and therefore not actionable. That's where...

Letters To The Editor: Lesson In Economics Is Needed.(Letter to the Editor)
September 5, 2005... CUNA's Dr. Bill Hampel needs a lesson in economics. The article (CU Journal, Aug. 8) stated, "Hampel sees this as a troubling trend. 'If you don't grow, you die,'" he told The Credit Union Journal. This is a for-profit rabid-capitalistic...

What A CU Must Know To Grow Share Of Wallet.(credit unions)
September 5, 2005... SAN DIEGO -- If a credit union wants to gain an increasing share of the member's wallet, they must truly understand the drivers and behaviors that determine asset movement, according to one person. John O'Malley, president of Harland...

SAFE CU Wins CTC's 2005 Best Practices Award.(credit Union)(Brief Article)
September 5, 2005... NORTH HIGHLANDS, Calif. -- SAFE Credit Union won the CUNA Technology Council's 2005 Best Practices Award for Sales Management. The award was presented during the CTC's Annual Summit in San Diego. SAFE received the Sales Management Best...

Minnesota CUs Hire Former State Rep As Lobbyist.(Credit Union Network )(Brief Article)
September 5, 2005... MINNEAPOLIS, Minn. -- Doug Stang, a former State Representative from Cold Spring, Minn., has joined lobbying firm Lockridge Grindal Nauen, which represents the Minnesota Credit Union Network as its outside lobbying firm. LGN has practices in...

Credit Unions In Mergers, Name Changes.(White Crown Credit Union)(Brief Article)
September 5, 2005... * DENVER-The second time proved to be the charm for Denver Media Credit Union here in its attempt to merge with White Crown Credit Union. Ninety-three percent of members have approved the merger. The two credit unions attempted to merge in...

Product & Service.(Payment Systems Solutions launched)(PlatinumData Solutions introduces new service for system administrators)(Brief Article)
September 5, 2005... AssetExhange Assists In 3 Sales PORTLAND, Ore.-AssetExchange recently guided three credit unions through the process of selling their credit card operations. First Financial Credit Union of Albuquerque, N.M. sold its $6.5-million credit...

Fine. But Not Dandy: What The Experts Say Credit Unions Must Do To Avoid The BSA Non-Compliance Fines That Have Hit Banks.(Arab Bank PLC fined, Bank Secrecy Act)
September 5, 2005... ST. CLOUD, Minn. -- A $24-million fine should say it all. On Aug. 17, 2005 the U.S. Treasury Department's Office of the Comptroller of the Currency and the Financial Crimes Enforcement Network (FinCEN) imposed its second-largest fine for...

CUJ Resources.(Credit Union Journal)(Brief Article)
September 5, 2005... For info on this story: * NCUA offers the Compliance Self Assessment Guide, which can be downloaded in PDF format from its website at www.ncua.gov. * The Federal Financial Institutions Examination Council (FFIEC) provides financial...

Experts See Shortcomings For CUs On BSA Compliance.(Bank Secrecy Act )
September 5, 2005... CHICAGO -- Perhaps the most frustrating aspect of compliance is that there are so many definite penalties for not complying with indefinite rules. Should credit unions file a suspicious activity report on every bounced check? What are...

CUJ Q&A: Should SARS be filed on every bounced check? What are the risks of shared brances? And just what is a PEP?(Interview)
September 5, 2005... CHICAGO -- Three compliance experts on Bank Secrecy Act and Anti-Money Laundering took questions from regulators and credit unions during NASCUS' annual meeting here. Here are some of the questions posed to Jeffrey Pratt, senior regulatory...

Dollar: More Regs To Come.(Brief Article)
September 5, 2005... CHICAGO -- Former NCUA Chairman Dennis Dollar championed fewer regulations while at the agency, but he still sees no end to the number of new regs with which CUs will have to comply. Speaking to NASCUS' annual meeting, Dollar cautioned that...

Product & Service.(Fiserv Inc., Southwest Business Corp.)
September 5, 2005... Two Partner On Mrtg. Compliance CONCORD, Calif.-Online Documents Inc., a mortgage document solution provider, and ComplianceEase, a division of LogicEase Solutions Inc., have entered into an alliance to integrate ComplianceEase's automated...

Dollar Predicts Number Of CUs To Shink To 6,000.(credit unions)
September 5, 2005... CHICAGO -- The number of credit unions in the United States will shrink to approximately 6,000 by the year 2010, just a quarter of the CUs that existed in the mid-1970s, according to former NCUA Chairman Dennis Dollar. Dollar said driving...

Lt. Gov. Extolls CUs; Touts Yellow Ribbon Loans.(Pat Quinn)
September 5, 2005... CHICAGO -- Most politicians are always claiming to have some affinity with credit unions, even if it's just having driven by one. But other than Louisiana Gov. Kathleen Babineaux Blanco, who's a credit union board member, few can claim the...

Author: Bankruptcy Reform Support Odd, But CU Role Is Not.
September 5, 2005... CHICAGO -- Martin Mayer, a Brookings Institute scholar and author of 32 books, including 1975's "The Bankers" and 1990's "The Greatest Ever Bank Robbery," about the savings and loan crisis, is a renowned observer and student of numerous...

Ex-Utah League CEO Says Credit Unions Should REACH Out.(Scott Earl )
September 5, 2005... CHICAGO -- If credit unions don't do it, who will? That's the question being posed by Scott Earl who wants credit unions to rethink what can be done for members with impaired credit. Earl, who had been heading up the Credit Union for...

Product & Service.(State National Companies expands its headquarters)(Georgia Central Corporate Credit Union will host an economic symposium)(Salem Associates and Bankers Systems form an alliance which makes its credit union clients utilise the Automation and Processing system)
September 5, 2005... SNC Expands Headquarters FORT WORTH, Texas-State National Companies, a provider of collateral protection insurance solutions, has completed a major expansion of its headquarters, increasing the firm's existing space by 50%. The new...

Portland Teachers' Dias Plans To Retire, Work With Children.(Clifford C. Dias)(Brief Article)
September 5, 2005... PORTLAND, Ore. -- Clifford C. Dias, CEO of Portland Teachers Credit Union, said he will retire in May 2006. Dias, 56, has been with PTCU since 1995, and is only the fourth CEO in the CU's 73-year history. Dias said he is announcing his...

STAT!
September 5, 2005... Scott Earl said these statistics are worth paying attention to: * 20 years ago, the average family debt represented about 66% of discretionary income. Today, debt represents 113% of discretionary income. * Some five-billion...

What Settling Texas Cases Means To NCUA.(National Credit Union Administration)
September 5, 2005... WASHINGTON -- While last week's settlements with Community CU and OmniAmerican CU allowing the two billion-dollar credit unions to convert to banks will help avoid a nasty court battle for NCUA, it also serves another, bigger purpose. It will...

Pentagon Absorbs 7th Military CU Via Merger.(Brief Article)
September 5, 2005... ALEXANDRIA, Va. -- Pentagon FCU said it has acquired another credit union, its seventh-merger mate in the past two years. In its latest deal, the $8-billion credit union giant will absorb Fort Buchanan FCU, a $90-million credit union that...

NCUA Shutters Another Community Dev. CU.(National Credit Union Administration)(Brief Article)
September 5, 2005... NEW YORK -- NCUA said it closed down Homesteaders FCU, another community development credit union, and merged the insolvent institution into nearby Lower East Side People's FCU. It is the second CDCU to be absorbed this year by Lower East...

People.(White Crown Federal Credit Union)(Fairwinds Credit Union)(Shell Employees Federal Credit Union)
September 5, 2005... FAIRWINDS Credit Union, Orlando, Fla., named Fred Wright financial advisor. Space Coast Credit Union, Melbourne, Fla., announced that 40-year Board Member Jesse Walker passed away. White Crown FCU, Denver, Colo., elected Ron Justiss...

The CU Journal Daily.(D.C. Credit Union League)
September 5, 2005... DC League Seeks To Fill 3 Seats WASHINGTON-The board of the D.C. Credit Union League has appointed a committee tasked with selecting nominees for the three new seats on the board of the newly formed Maryland and District of Columbia Credit...

What's In A Name? Opportunity, According To 1 Promo.(Proponent Federal Credit Union )
September 5, 2005... NUTLEY, N.J. -- One credit union here has built a marketing campaign around the unique name of its mortgage lending manager. The effort emerged out of a combination of necessity and whimsy as Proponent Federal Credit Union was seeking a new...

More of Budget To Target-Marketing.(Brief Article)
September 5, 2005... NEW YORK -- A new survey has found that more than one in five organizations spend more than 45% of their entire marketing budgets on "target marketing," and an additional two-in-five spend between 15% and 45% on such activity. According to...

Product & Service.(Waterbury Connecticut Teachers Federal Credit Union website redesigned by SmartSource Solutions, LLC)(Lafayette Farmco Coop. has been licensed to use the credit union's data processor, USERS software)(Benchmark Technologies Ltd. along with Absolute Data Security, LLC has released Remote Erasure Management (REM), a unique data erasure solution)
September 5, 2005... SmartSource Redesigns Site WALLINGFORD, Conn.-SmartSource Solutions, LLC, a wholly owned CUSO of Constitution Corporate Credit Union, has redesigned the websites for the $120-million Waterbury Connecticut Teachers FCU and the $87-million...

The Thais That Bind: Six Months Ago, Les Ginoza Left His CU Career For An Uncertain Future Helping Orphans In Thailand. Today He Updates CU Journal Readers On What The Move Has Been Like.
September 5, 2005... CHIANG MAI, Thailand -- As a 20-year veteran in the credit union movement, Les Ginoza is used to making a difference in the lives of others. Earlier this year, however, he chose to do so by leaving credit unions. The former vice president...

Relief Funds Created.(credit unions donate)
September 5, 2005... JACKSON, Miss. -- Credit unions and leagues around the nation wasted no time in starting relief efforts after Hurricane Katrina. Among the efforts: * The National Credit Union Foundation (NCUF) has activated the National Disaster Relief...

CUNA Mutual Expecting Damage Reports From Hundreds Of CUs.(CUNA Mutual Group, Credit Unions, Hurricane Katrina 2005)
September 5, 2005... MADISON, Wis. -- Knowing approximately where Hurricane Katrina was most likely to hit, claims adjustors from CUNA Mutual Group were moved to staging areas just outside the storm-torn region so they were ready to fan out across the Gulf Coast...

Tornado Destroys Georgia Branch.(Robins Federal Credit Union to rebuild)(Brief Article)
September 5, 2005... FORT VALLEY, Ga. -- Robins Federal Credit Union said it will rebuild a branch here that was completely destroyed by a tornado. Local media reported that debris from the branch was found as far as 200 yeards away. RFCU is projecting it will take...

Community Page.(credit unions award scholarships)
September 5, 2005... Clearview FCU Awards Scholarship Clearview FCU, Pittsburgh, Penn., awarded Kathryn Scholl and Zachary Skowvron $1,000 scholarships. Catholic FCU Awards Scholarships SAGINAW, Mich.-Catholic Federal Credit Union awarded $79,000 in...

Community Page.(credit unions services to community)
September 5, 2005... KCFCU Awards Student Scholarship Kellogg Community FCU, Battle Creek, Mich., awarded Kristin Ruffner a scholarship that covers all tuition and admission to Kellogg Community College. FCU Awards $5,000 In Scholarships SAN ANTONIO,...

Recommendations Made By CUs On Conversion Disclosures.(Credit Unions)(Brief Article)
September 5, 2005... DALLAS -- Among the changes to regulations on charter conversions suggested to the Texas Credit Union Commission by credit unions were: * The board of the credit union wishing to convert must vote unanimously for the record to approve the...

Electronic Funds Networks Struggling To Operate.
September 12, 2005... NEW ORLEANS -- Bank and credit union regulators and electronic funds networks were struggling last week to untangle the payments systems, which was tied in knots by Hurricane Katrina and its disastrous aftermath. With hundreds of credit...

Significant Damage To CUs Already Being Uncovered.(credit unions)
September 12, 2005... BATON ROUGE, La. -- Insurers and regulators are still sorting through the damage from Hurricane Katrina, but one analyst is conceding that when the waters recede, it will be significant. "We are still very early in the assessment phase, but...

Big Question: What About Fate of Paper Records?(National Credit Union Administration)
September 12, 2005... NEW ORLEANS -- Credit union managers allowed back in to the partially submerged buildings last week, most of them for just brief periods, were struggling to save any paper records that may have been lost to the floodwaters unleashed by...

Why One League Staffer Chose To Stay And Not Geaux.
September 12, 2005... JEFFERSON PARISH, La. -- Gayle Boudreaux is one of those cantankerous Cajuns who chose to ride out Hurricane Katrina in her home just outside of New Orleans. "It hit pretty fast," Boudreaux told The Credit Union Journal from her soggy...

On Deadline.
September 12, 2005... Rep Plans To Press Plan To Strip NCUA Powers WASHINGTON-Rep. Patrick McHenry (R-NC), said last week he won't back off his efforts to strip NCUA of some of its powers over credit union conversions to banks, even though NCUA agreed to drop...

Ex-CEO Of NJ League Charged With Theft.(New Jersey Credit Union League)(Thomas Shaughnessy)(Brief Article)
September 12, 2005... TRENTON, N.J. -- The former president of the New Jersey CU League was indicted last week on charges of embezzling $275,000 from the state trade association. Thomas Shaughnessy, 44, of Red Bank, is accused of stealing the funds between...

Iowa's CUs Offer Help To Ex-Ammunition Workers.(Iowa Credit Union Foundation and the Iowa league)(Iowa Army Ammunition Plant employees)(Brief Article)
September 12, 2005... DES MOINES, Iowa -- Representatives from the Iowa Credit Union Foundation and the Iowa league are offering guidance to former Iowa Army Ammunition Plant (IAAP) employees who will soon receive money because they developed cancer. The league and...

MasterCard Reports Surge In Debit Volume.(MasterCard International Inc.)(Brief Article)
September 12, 2005... PURCHASE, N.Y. -- MasterCard reported it saw strong global online debit activity during the second quarter, as debit continues to take share from cash and check as a preferred means of payment. The card association said its Maestro brand...

DSFCU To Provide Up To $100M For Housing.(Desert Schools Federal Credit Union)(Brief Article)
September 12, 2005... PHOENIX -- Desert Schools FCU said it will make as much as $100 million available for low- and moderate-income housing loans, the largest affordable housing fund ever created by a single credit union. The funds will be used over the next two...

CEFCU's Arnold Plans To Retire In April, 2006.(Eldon Arnold to resign from Citizens Equity Federal Credit Union)(Brief Article)
September 12, 2005... PEORIA, Ill. -- Eldon Arnold, president of credit union giant CEFCU for the past eight years, has announced his retirement next April. Arnold will be succeeded by Mark Spenny, executive vice president of the $2.8-billion credit union, once...

'Abysmal' Savings Combine With Strong Lending In July.(Brief Article)
September 12, 2005... WASHINGTON -- Very strong lending volumes in July coupled with what one analyst called "abysmal" savings by CU members have combined to boost the average loan-to-share ratio higher. CUNA's Chief Economist, Bill Hampel, said another striking...

African-American CU Coaltion, NAFCU To Partner.
September 12, 2005... ARLINGTON, Va. -- NAFCU is joining with the African-American Credit Union Coalition to establish the NAFCU Cornerstone Award, which will provide the recipients with free registration to one of four NAFCU educational events. The award will...

Texas CEOs Invited To Summit-With Free Dinner To Boot!
September 12, 2005... WEST PALM BEACH, Fla. -- The Credit Union Journal is extending invitations to credit union CEOs in Texas to participate in a very special CEO Summit Oct. 24 at the Westin Galleria in Dallas. The event is free and includes a private dinner, and...

Worth Noting.
September 12, 2005... Workshops For Small CUs Planned ALEXANDRIA, Va.-NCUA is planning Small Credit Union Initiative Workshops in Arkansas, Tennessee and Virginia. The free workshops, entitled "Working to Create Opportunities for Credit Unions," schedule...

Pull The Shades. Turn Off The TV. Who Knows What's Next?
September 12, 2005... So what will it be this week? Solar flares? Locusts? FEMA taking over NCUA? Like Cher and Madonna, we've come to know disasters by just one name. Katrina. Dennis. The blowhard quadruplets Charley, Jeanne, Frances and Ivan. 9/11....

It's Time For CUs To Walk The Walk On Annual Meetings.
September 12, 2005... When it comes to annual meetings, credit unions need to walk the talk, not just talk the walk. Whether premeditated or not, far too many credit unions are undermining the "member controlled" aspect of their organizational structure and may...

Firms Ordered To Cease Using Term 'Credit Union'.(Department of Financial Institutions )(Brief Article)
September 12, 2005... OLYMPIA, Wash. -- The Department of Financial Institutions has ordered two non-credit union mortgage service providers to stop using the term "credit union" in their internet addresses. Linda Jekel, director of the DFI's credit union division,...

Product & Service.(Boeing Employees' Credit Union selects Credit Union National Association Inc. to meet its members' auto and homeowner insurance needs)(Three Rivers Federal Credit Union has contracted with Phoenix-based RMG Training Co.)(sales data of Tranax Technologies, Inc. )
September 12, 2005... BECU Opts For MemberCONNECT SEATTLE-BECU has selected CUNA Mutual Group and its MemberCONNECT program to meet its members' auto and homeowner insurance needs. "BECU chose MemberCONNECT over the competition because of its group discount for...

Ten Months After Tsunami, Some Sri Lankan CUs Begin To Open.
September 12, 2005... MADISON, Wis. -- While attention in the U.S. is focused on the damage from Hurricane Katrina, credit unions in Sri Lanka have begun to re-open 10 months after the tsunami that struck Asia. In the southern district of Galle, five credit...

An Up-Close Look At Effect Of Lost Tax Exemption.
September 12, 2005... CHICAGO -- The effects of losing the credit union tax exemption would be felt in far more places than the balance sheet, according to one person who's been through the process. Australian Mark Lynch said there is much Americans can learn...

Lessons For America's Credit Unions.(Brief Article)
September 12, 2005... CHICAGO -- Consultant and former Australian CU exec Mark Lynch says U.S. credit unions could learn the following from their counterparts down under: * Don't see the campaign to retain tax-free status as a nuisance, build it into core...

Product & Service.(partnership of Fiserv Inc. and Levi, Ray & Shoup, Inc)(The Risk Management Association uses software of Appro Systems Inc.)
September 12, 2005... CU Executives, CUjobs.com Partner SAN DIEGO-CU Executives, Inc., a credit union executive recruiter specializing in placing senior level credit union executives and IT professionals, has created a strategic alliance with CUjobs.com, an...

People Restoring People: Its Original Sponsor Is Long Gone, But The Heritage Of Eastern Financial Florida CU Is Evident As It Assists School In Restoring Airplane.
September 12, 2005... MIRAMAR, Fla. -- Eastern Financial Florida Credit Union recently discovered a unique way to marry its aviation background with young people seeking an aviation future. Eastern Financial provided funds for local high school students and...

Product & Service.(CU Business Group completees its third anniversary )(Cuna Mutual Group gets award from magazine)(DEI Inc. gets award from Cincinnati Magazine )
September 12, 2005... Credit Plus Speaks The Language SALISBURY, Md.-Credit Plus, Inc. is now offering instruction to mortgage professionals on how to better educate Spanish-speaking clients about the mortgage process. The company said that it is stressing that...

How Katrina Will Affect U.S. Payments System.(Hurricane Katrina, 2005)
September 12, 2005... WASHINGTON -- Anyone watching the huge natural disaster unfolding over the past three weeks can see the obvious, that Hurricane Katrina has already reshaped the physical landscape of New Orleans, one of the nation's great cities, as well as...

People.(appointments)
September 12, 2005... The Mississippi Credit Union Association, Jackson, Miss., elected to its board: Billy Bridges, chairman; Jimmy Smith, vice chairman; Margaret Brown, treasurer; John Gibbons, Elmer Dickens, Dean Todd and Lavina Crocker. Jane Pittman and Oliver...

The CU Journal Daily.(credit union)
September 12, 2005... Long-Term Mortgage Rates Slip McLEAN, Va.-Long-term mortgage rates declined last week to the lowest level in six weeks, as energy prices near record highs made investors nervous about slowing economic growth, Freddie Mac said. The...

Treasury Secretary Snow Calls CUNA About Effected Credit Unions.(Credit Union National Association)
September 12, 2005... WASHINGTON -- Treasury Secretary John Snow contacted CUNA President Dan Mica last week by phone to inquire about credit unions in Alabama, Louisiana, and Mississippi. According to CUNA, Snow was particularly interested in the number of credit...

NCUA Distributes PSA on Deposit Insurance.(public service announcement)(National Credit Union Administration)
September 12, 2005... WASHINGTON -- NCUA has distributed a public service announcement to assure members of credit unions in the states affected by Hurricane Katrina that their funds are insured by the National Credit Union Share Insurance Fund (NCUSIF). The PSA...

Alabama's Shared Centers Agree To Cash Checks For Up To $200.(Credit Union Service Center)(Brief Article)
September 12, 2005... MONTGOMERY, Ala. -- Alabama's Credit Union Service Center, the shared branch network in the state, has agreed to allow member CUs to cash checks up to $200 for any credit union member from Alabama, Louisiana and Mississippi, regardless of...

Nearly $1 Million Raised For Hurricane Relief So Far.(Brief Article)
September 12, 2005... MADISON, Wis. -- At press time, nearly $1 million had been pledged for hurricane relief to the National Credit Union Foundation. At mid-week, the NCUF said $832,000 pledged directly to its fund and $115,000 directly to the leagues, for a total...

Southeast Corporate, CU 24 Provide Generators, Gas To Biloxi CUs.(Southeast Corporate Federal Credit Union)(Credit Union 24 Inc.)
September 12, 2005... TALLAHASSEE, Fla. -- Employees of Southeast Corporate FCU and Credit Union 24 loaded 25 generators, each with five gallons of gasoline, plus 48 cans of gasoline, and other supplies in a truck that left Tallahassee last week for Biloxi, Miss....

Envision CU Opens Branch During Holiday To Help Cash Checks.(Envision Credit Union)(Brief Article)
September 12, 2005... TALLAHASSEE, Fla. -- A credit union here opened a branch that was closed on a holiday in order to assist hurricane victims seeking to cash checks. Here in the Florida capital, the American Red Cross had issued cash vouchers to Hurricane...

EFT Processing Fees Being Waived For 11 Credit Unions For 90 Days.(electronic funds transfer systems)(Brief Article)
September 12, 2005... ONTARIO, Calif. -- The CO-OP Network here has joined with Southwest Corporate FCU, Plano, Tex., in waiving all EFT processing fees for 90 days for 11 member credit unions affected by Hurricane Katrina in Louisiana, Alabama and Mississippi. ...

NCUA Dispatches Emergency Teams To Gulf.(National Credit Union Administration)
September 12, 2005... NEW ORLEANS -- NCUA sent an emergency team of examiners to New Orleans, Biloxi, Gulfport and other targets of Hurricane Katrina to help in the recovery work for credit unions and their employees. Several NCUA employees, including examiners,...

CEO Flies Emergency Cash To CU.(chief executive officers)
September 12, 2005... BATON ROUGE, La. -- Among the many stories of extra-effort by individuals to help others was that of a Texas CU CEO who used his own plane to provide funds to a Louisiana credit union. With hundreds of thousands of refugees from Hurricane...

WesCorp Exec (And Ex-SEAL) Helps Rescue Guests In New Orleans Hotel.(Craig Micklich)
September 12, 2005... NEW ORLEANS -- Craig Micklich had a most extraordinary day during what had been an ordinary vacation. Micklich, an account executive for WesCorp and former U.S. Navy SEAL, saw a trip to Dallas turn into an impromptu rescue mission to this...

How Credit Unions Are Helping.
September 12, 2005... WEST PALM BEACH, Fla. -- Credit unions and CU organizations around the country are helping raise money for Hurricane Katrina's victims. Here's a look at some of them: The Credit Union Executives Society has donated $100,000 to the National...