Banking Wire articles from August 2007

Banking Wire archives from August 2007

CUs Must Facilitate Member Communication on Conversions.
August 1, 2007... ALEXANDRIA, Va. -- Federal credit unions converting to mutual savings banks must facilitate communications between members during the balloting and allow members to receive communications with other members electronically, NCUA said last week....

FHLBs Shut Out CUs From Affordable Housing Funds.
August 1, 2007... WASHINGTON -- Four Federal Home Loan banks awarded more than $30 million in affordable housing grants to members over the last few weeks-but not a cent of it to their credit union members. Representatives of the FHLBs-in Boston, Pittsburgh,...

Merging Bank Groups Fight Merger of Regulators.
August 1, 2007... WASHINGTON -- The American Bankers Association and America's Community Bankers, which are in the process of merging, called on the Bush administration last week to reject a proposal to merge the regulators for banks and S&Ls. The...

$10,000 Sweepstakes Offered.
August 1, 2007... BURTON, Mich. -- The more they save, the better chance members of ELGA CU have of winning the credit union's $10,000 Savings Account Sweepstakes. Members will be entered into the Sweepstakes every time they increase their monthly...

Patriot FCU Pays Members Bonus.
August 1, 2007... CHAMBERSBURG, Pa. -- Patriot FCU said it paid its 41,000 members a Membership Bonus Dividend for the second straight quarter. The $200,000 second quarter payout follows a $500,000 bonus for the first quarter. The bonuses were credited to...

Disney CUs Partners At Last.
August 1, 2007... BURBANK, Calif. -- Members of Vista FCU overwhelmingly approved a merger with Partners FCU to create a credit union giant to serve all of the Disney companies. The new credit union will retain the Partners moniker, to symbolize the spirit...

Manager's Family Looted CDCU.
August 1, 2007... ALEXANDRIA, Va. -- A wife and husband who were jailed for embezzling more than $1.3 million from tiny Unified Singers FCU were formally barred from the CU industry by NCUA. Jean Pogue, former manager of the community development credit union,...

Take The Risk Out Of Risk-Based Pricing.
August 1, 2007... LAS VEGAS -- An increasing number of credit unions are moving to risk-based pricing and, not surprisingly, are seeing greater insight into assessing risk. That's according to Linda Moynihan Vance, vice president-credit unions, with...

Delving Into 'Thin File' Borrowers.
August 1, 2007... LAS VEGAS -- Credit union expansion into underserved markets can be seen in the companies offering credit bureau information that are following them there. During CUNA's America's Credit Union Conference here, several vendors were on hand with...

In-Store Branches Offer Opportunities To Serve Underserved.
August 1, 2007... ATLANTA -- Looking for new ways to reach underserved markets? Try in-store branches. That's the conclusion of new research from SYNERGISTICS Research Corp. In a study titled "Marketing Credit To Low-Income Households," it found that...

Now In The Market.
August 2, 2007... Discover Receives Top Honors RIVERWOODS, Ill.-Discover Financial Services announced that Discover Card has received top honors for the 10th consecutive year in the 2007 Brand Keys Customer Loyalty Engagement Index. Discover Card...

What 1,000 'Mega Credit Unions' Would Mean For Everyone.
August 2, 2007... LAS VEGAS -- This is not designed to be a feel-good session; this is designed to be a wake-up session. -Mike Hales Most are aware that approximately one credit union disappears every day, most in mergers. And most view that trend from the...

Teller Window Just For Kids Club Members Opens At Pen Air.
August 2, 2007... PENSACOLA, Fla. -- Pen Air Federal Credit Union here in the panhandle of the Sunshine State has taken its Kids Club a step further with the creation of a teller window just for small savers. In a move popular with both kids and parents, Pen...

Now In The Market.
August 2, 2007... eCU Technologies Develops UPost3.0 HARRISBURG, Penn.-eCU Technologies developed UPost 3.0, the latest version of its online deposit solution. Southland CU will beta test the new version in September with the product rolling out in November....

Still Time To Get Your Entry Into CUJ's Best Practices Awards-But Hurry!
August 2, 2007... The deadline is fast upon CUs for entry into the Credit Union Journal's Best Practices awards. The good news is that it's easy to enter! Nominations may be submitted by credit unions themselves, a CUSO, or even another CU. Nominations can...

In Effort To Spread Word About Co-ops, St. Mary's Bank Co-Sponsors Confab.(Conference notes)
August 2, 2007... MANCHESTER, N.H. -- St. Mary's Bank joined the Cooperative Development Institute and other organizations to host a Cooperative Enterprise conference at Southern New Hampshire University last month. "It was really a joint effort in terms of...

CUDL's AutoSMART Site Posts Record Number of CUs, Dealers.
August 2, 2007... LAS VEGAS -- CUDL (CU Direct Corporation) said its AutoSMART program and website has reached a record number of credit union and auto dealer participants. AutoSMART has 453 credit unions, representing 15 million members, and 3,959 auto...

Metavante Prepares To Go Public For Spin-Off From Marshall & Isley.
August 2, 2007... MILWAUKEE -- Metavante Corp., which is preparing to go public in a spin-off from Marshall & Ilsley, has hired Timothy Oliver, a 39-year-old treasurer at nearby Rockwell Automation, as its new chief financial officer. Oliver will report directly...

Cardtronics To Make Largest Fleet Of ATMs Audible For The Blind.
August 2, 2007... HOUSTON -- Cardtronics, now the largest provider of ATM services to credit unions, announced it will make the nation's largest fleet of ATMs accessible to the blind by 2010 under an agreement with the National Federation for the Blind. The...

Will This Be The Year For Credit Cards Tied To Health Savings Accts?
August 2, 2007... FRAMINGHAM, Mass. -- This year will be an "introduction year" for card payments for healthcare, according to a new study. Financial Insights, a unit of IDC, said in a new report called "HSA Cards: Their Past, Present, and Future" that Health...

Spreading The Word.
August 3, 2007... Washington Mutual released a new commercial as part of its ad campaign a few weeks ago. The campaign features a young, savvy consumer who, naturally, has found exactly what he is looking for at WaMu. Clamoring for his business is a pen full of...

Best Practices Yield 58% More Revenue.
August 3, 2007... Brokers who work at banks that employ best practices produce $141,258 more in annual revenue than their peers at other banks, according to a white paper penned by Kehrer-LIMRA and sponsored by Pershing. Their production averages $418,648. ...

Utility Computing: Test Driving Tech With BearingPoint: NYC center allows banks to try utility computing.
August 3, 2007... Not many massive-scale IT deployments come with a try-before-you-buy option. But IT consultancy BearingPoint and enterprise software firm Cassatt Corp. are shaping up a new practice offering for financial services that allows banks and...

Small Business Payments: Big Hitters Make a PASS: Microsoft and PayPal part of desktop business payments consortium.
August 3, 2007... A consortium of tech companies formed earlier this year to capitalize on the thirst for payments services at small businesses has added PayPal to the team and Microsoft to the driver's seat-and opened a new self-serve option for banks looking...

Minn. League Teams With U of M On Financial Education Workshops.
August 3, 2007... ST. PAUL, Minn. -- More than 270 teachers, credit union representatives and agency staff attended financial education workshops sponsored by the Minnesota Credit Union Network (MnCUN) and the University of Minnesota Extension (UME), and...

iQ CU Installs Special ATMs On Campus Of School For The Blind.
August 3, 2007... VANCOUVER, Wash. -- The Washington State School for the Blind (WSSB) and iQ Credit Union have joined forces to install an accessible ATM with voice guidance features on the school's campus, the first such ATM to be placed in a school district...

Seven Seventeen Credit Union Hosts First-Ever Teachers Academy.
August 3, 2007... WARREN, OHIO -- Seven Seventeen Credit Union Inc. recently hosted the first Teachers Academy, an initiative of State Treasurer Richard Cordray's office. The academy provided a two-day training session for any teacher in Ohio who plans to...

Insight Financial Helps Raise More Than $220K For Homeless Coalition.
August 3, 2007... ORLANDO -- Insight Financial Credit Union participated in the "Hearts of Gold" rock concert, helping to raise more than $226,000 for the Coalition for the Homeless of Central Florida. The concert featured the Little River Band and drew a...

Vernon Hill's Magic as CEO Was Also His Downfall: Some sources question the OCC's timing, likening its action to a sort of slow burn accelerated by Hill's resistance to comply with its earlier requests.
August 3, 2007... Vernon Hill is no stranger to controversy, or the waves that create it. A self-described maverick, he built $47 billion-asset Commerce Bancorp by making as many waves as possible and, in so doing, turning retail banking on its ear. But the cult...

World Wealth Report: The Army of Super-Rich Continues to Grow Globally: Number of investors surges 8.3% to 9.5 million.
August 3, 2007... The rich and super-rich benefited in 2006 by two driving forces-a soaring global gross national product and healthy capital markets, particularly in developing markets, according to the 11th annual World Wealth Report from Merrill Lynch and...

Many More Millionaires.
August 6, 2007... The number of U.S. millionaires grew by 9.4% in 2006, compared with 6.8% growth in 2005, according to the Merrill Lynch/Cap Gemini 2007 World Wealth Report. Worldwide, there are 9.5 million people with more than $1 million in assets. Those...

Why Client Loyalty Proves Elusive for Bank Brokerage.
August 6, 2007... As wealth increases, so does the number of clients' brokerage firms. Investment firms seek the security and comfort of a long-term, monogamous relationship with their clients, but those clients are difficult to tie down. As a result,...

Relationships: How Much to Charge?: Targeting profitable customers for price cuts is harder than it sounds.
August 6, 2007... Linking price and fees for bank products to a customer's overall profitability sounds simple enough, but guess again. "It's not always the people with the most money in your institution that are the most profitable, it's not even the...

Innovators Of 2007: The Drive to Transform Business.
August 6, 2007... People are inevitably drawn to technology whose usage is viewed as progressive, particularly when it affects how they live, work and interact. Peter Drucker considers this phenomenon as important as the technology itself. Why? It drives...

Talking About Innovation Isn't Enough-CUs Must Plot A Course For Loan Success.
August 6, 2007... INDIAN WELLS, Calif. -- Lending innovation is the heart of sustainable CU growth, according to Judy Tharp, but she acknowledges defining the term can be difficult. "'Innovation,' like 'solutions,' is a word that means different things to...

Group Tours China's Rural Co-ops.
August 6, 2007... BEIJING, China -- Credit union leaders from the United States and Canada joined World Council of Credit Unions (WOCCU) to launch a new development initiative with the People's Bank of China (PBC). The week-long June visit was led by WOCCU...

WOCCU To Participate In UN Study.
August 6, 2007... WASHINGTON -- The United Nations Financing for Development Office of the Department of Economic and Social Affairs has invited World Council of Credit Unions (WOCCU) to participate in its worldwide study of microfinance regulation. ...

Crear In Digital Meeting In India.
August 6, 2007... MADISON, Wis. -- World Council of Credit Unions (WOCCU) CEO Pete Crear shared insights with a group meeting in India via a teleconference connection. Participating in the Digital Video Conference on Self-help Groups in India, Crear, president...

Compliance: Flood of State Laws Crack Down on Elder Abuse: Banks can be fined for ignoring warning signs.
August 6, 2007... With nearly 20 states imposing new laws holding banks accountable for willfully ignoring evidence of financial abuse of elderly clients-whether by family members, caregivers, con men or the bank itself-institutions are being forced to take the...

Pipeline.
August 6, 2007... DITECH SLOUGHS OFF 'SUBPRIME' LABEL Banks now have a new direct competitor in the prime mortgage space. Ditech is renewing efforts to enhance its image as a Main Street player with a new marketing campaign and a unique mortgage product....

Blurring Bank/Brokerage Lines at Raymond James.
August 7, 2007... While many bank executives focus on selling wealth management to bank customers, Steve Raney, president and CEO of Raymond James Bank, is working with Raymond James's 5,000 financial advisors to move customers in the other direction. "We're...

Investment Revenue Soars.(Financial report)
August 7, 2007... Bank holding company revenue from mutual fund and annuity sales is up a stunning 40.1%, according to Michael White Associates. Total income from these sales was $5.6 billion in the first quarter of 2007, up from $4 billion in the fourth quarter...

Card Security: Banks to Merchants: Are You There Yet?: The PCI Digital Security Standard is here, but many retailers are struggling with compliance-and even awareness.
August 7, 2007... It's not time for tough love yet. But card associations, banks and processors are in the heart-to-heart phase of dialogue with their card-accepting merchant clients about efforts to comply with the Payment Card Industry (PCI) Digital Security...

News Makers.
August 7, 2007... MFOUNDRY ON IPHONE; A MOBILE BANK JOLT It just didn't seem right that during Apple's launch of its latest Product of the Century, the iPhone (aka "GodPhone"), that the hysteria didn't include any mobile banking hype. Platform developer...

Russian CUs To Host Meeting.
August 7, 2007... MOSCOW, Russia -- The World Council of Credit Unions (WOCCU) and the Russian Credit Union League (RCUL) will host the first annual Eastern European Technical Congress for credit union leaders here Sept. 10- 12. According to WOCCU, the...

UK Gov't Seeks To Boost CUs.
August 7, 2007... LONDON -- The British government has published a "consultation document" it says is aimed at showing commitment to the country's mutual financial services sector by ensuring it has identified the sector's needs and put forward the best...

Russians Visit La.
August 7, 2007... HARAHAN, La. -- The Louisiana Credit Union League hosted eight Russian credit union executives at training seminars on operations, board oversight, member services, and financial management. The seminars, held with the assistance of the World...

13 CU Reps Return From Ecuador.
August 7, 2007... ECUADOR -- Thirteen credit union leaders from four countries have returned from the World Council of Credit Unions' (WOCCU) inaugural Cooperative Learning tour in Ecuador. Cooperativa Jardin Azuayo (CJA), a credit union that grew in the...

Amex Pledges Up to $5 Million For One Great Feel-Good Idea.
August 7, 2007... American Express has tapped into philanthropy in the past, but now it hopes to mine even deeper through a new community-centered on-line marketing initiative, "The Members Project." Amex will fund one winning idea, to be announced on August...

Noted and Noteworthy.
August 7, 2007... Who says enough is enough? A shareholder group led by the Louisiana Municipal Police Employees' Retirement System recently won an additional $475 million in class-action damages for Chicago Board of Trade shareholders-after already winning $1...

To Fee Or Not To Fee: The Holy Grail of recurring revenue is in reach. But there are more reasons why tardy banks are slow to snatch it up.
August 8, 2007... Fee business, with its ongoing source of revenue, supposedly remains a coveted goal for most banks, yet advisory accounts remain a mere blip on their revenue radars. And the road to recurring revenue just got a little bumpier. Banks not only...

Doing the Right Thing: How Nick Kondra is helping the people most advisors wouldn't want.
August 8, 2007... Most bank reps understandably target clients who at the very least fall into the mass-affluent category. But Nick Kondra, a financial consultant for Investment Professionals Inc. (IPI) at First State Bank in Clute, Texas, is working with the...

Payments: For Time Being, Mobile Payments are Grounded: Javelin says contactless cards and instore mobile payments will be held back until chips are embedded in mobile devices. After that, one might lead to the other.
August 8, 2007... Both merchants and payment firms stand to make out like legalized bandits as contactless payments and mobile transactions take off over the next few years-and it's more likely that the two methods will follow one another rather than compete....

eBill Pay: Bank Payment Gains Lacking in Presentment: Direct-biller dominance in billpay traffic is waning, but Forrester believes eBill views will remain banking's albatross in driving adoption in electronic bill pay and presentment.
August 8, 2007... The adoption gap between online banking and institutional billpay services is narrowing, but some puzzling misconceptions are holding steady with both users and banks, according to Forrester Research's annual look at the electronic bill pay and...

Raker Tours Two New CUs In Rural Cambodia.
August 8, 2007... CAMBODIA -- Bill Raker, president and CEO of US Federal Credit Union in Minnesota, has returned from Cambodia where he was assessing prospective credit unions as part of the World Council of Credit Unions (WOCCU)-Credit Union Foundation of...

Under The Microscope: Latest Developments In Research.
August 8, 2007... Study Shows How Banks Profit From Rel. Lending WASHINGTON-Market valuations of smaller, publicly held banks are higher than they would otherwise be due to their investment in relationship-lending, according to a study issued recently by the...

Strategies For Turning Indirect Members Into Active Members Are Discussed.
August 8, 2007... NASHVILLE, Tenn. -- With roughly 40% of all existing loans coming from indirect borrowers, the opportunity to turn those borrowers into true members has never been better, CUNA Mutual's Bill Jolicoeur, vice president and product leader, told a...

Paulson Advisory Sparks Questions: The Treasury secretary's recent missive on Bank Secrecy Act effectiveness is prompting head scratching on some fronts-and calls for more patience on others.
August 8, 2007... Treasury Secretary Henry Paulson's recent missive that community banks should face a lighter anti-laundering compliance burden than their larger brethren is a welcome respite for small banks, but they'll be left hanging until new rules are set...

Healthcare Payments: Fifth Third Seeks A Healthy Future: Banks are well-placed to be the nexus among payers, providers and patients. But to automate medical-payment documents, banks must cope with a new level of complexity.
August 8, 2007... If applying the principles behind check imaging and e-payments to the healthcare business seems like it should be a no-brainer for banks, then get ready for a CAT scan. "Unlike the business-to-business space, healthcare receivables are more...

Big Banks Look for 2nd Home Run With Visa IPO.
August 8, 2007... WALL STREET -- The nation's biggest banks, which earned billions with last year's initial public offering for MasterCard, are looking to score again with the impending IPO for cards competitor Visa USA. The same banking giants that...

Developing Your Branch: Creating synergy within your branch network can give your business-building efforts a big boost.
August 9, 2007... Have you heard The Story about the new advisor and the less than favorable first impression he imparted on his new branch? The story goes something like this: The advisor pulls up to the branch in a Mercedes and strolls into the branch...

Life Insurance for the Living: Accelerated death benefits and long-term-care riders are breathing new life into cash value insurance policies.
August 9, 2007... As long as whole and universal life insurance policies have existed, personal finance gurus have disparaged them as a waste of investable assets. Jerry Hunsanger, an investment consultant with Harbor Financial Services, (an affiliate of...

Brits' Smart-Card Trials Carry Lessons for U.S.: Shifting fraud patterns and high costs to merchants following the UK "chip & PIN" debut offer do's and dont's - for NFC, smart cards and payments gambits alike.
August 9, 2007... When the UK introduced the "chip & PIN" credit/debit card to replace the signature-based version, it was supposed to be an advance against card fraud...until ingenious criminal gangs utilized skimmers, transmitters, and hidden cameras on ATMs...

Healthcare: Banks can cure docs' Payment docs: Automating healthcare transaction documents for payers and providers is a tough nut to crack, but there's a big opportunity for banks with a good payment platform.
August 9, 2007... When PNC's Paula Fryland rattles off medical transaction stats, it sounds like she's painting a daunting picture of a healthcare payments industry hamstrung by a muddled payments structure, an inefficient claims process and medical...

One Pennsylvania CU Was Ready In Event State Wouldn't Be Able To Pay Its Bills.
August 9, 2007... HARRISBURG, Penn. -- One credit union was ready to do whatever needed to help its members when warned of a budget impasse. On July 6, Pennsylvania Gov. Edward Rendell sent a letter warning state employees that beginning on July 9, 25,000 of...

PSCU-FS Publishes Tribute To CUs As Part of Its 30th Anniversary Celebration.
August 9, 2007... ST. PETERSBURG, Fla. -- PSCU Financial Services is celebrating its 30th anniversary with tribute to its member credit unions and how they, in turn, serve their members. As part of that tribute, PSCU-FS has put together a book titled "We The...

NH CU League Raises $157K For Make-A-Wish Foundation At This Year's Golf Tourney.
August 9, 2007... MANCHESTER, N.H. -- The New Hampshire Credit Union League (NHCUL) presented the Make-A-Wish Foundation of New Hampshire a check for $157,000 at the league's recent golf tournament at Canterbury Woods Country Club. The check presentation by...

Colo. Takes Up Conversion Issue.
August 9, 2007... DENVER -- The Colorado Department of Regulatory Agencies' Commission of Financial Services Chris Myklebust introduced a series of bylaw options aimed at fending off hostile takeovers and conversions to mutual savings institutions. One...

Nanotechnology: Very, Very, Very, Very Small Code: Nanotechnology won't be tapped for commercial use like ATM keypads soon, but research shows information security will one day reach the molecular level.
August 9, 2007... Forty years ago, a smug family friend uttered the word "Plastics" to Ben Braddock, better known as The Graduate, in an attempt to guide Ben along the path of sure success. Today, there's plenty of sentiment that word would be "nanotechnology."...

Huntington's Catcall: 'To Furballs, With Love': The bank's popular microchipping events for the pets of customers and would-be clients may be a home run. The "emotional PR" the bank's racking in the communities up is priceless.
August 9, 2007... Ask any bank marketer how to touch customers' hearts and there will be plenty of suggestions, but Huntington Bank has hit a bull's eye by focusing on clients' fondness for their pets. The bank's new three-hour "Yappy Hour" microchipping...

Exploring the Alternatives: When wealthy clients ask how alternative investments can help them, their advisors had better have answers.
August 10, 2007... Alternative investments-hedge funds, commodities funds, real estate and private equity-are risky business. They tie up an investor's money, sometimes for years; can collapse in a heap of red ink overnight; require huge investments just to play...

Help Wanted: A junior broker can provide a big boost to your production, improve your client relationships and enhance your quality of life.
August 10, 2007... Most top producers have considered adding an apprentice or "junior broker" to their practices. But what is the best way to do so? Seven steps can help you hire, train, compensate and manage an apprentice so you can move your practice forward....

Workflow Management: Tellers Are Getting Call-Center Grades: The latest tech play in branch automation involves applying call center rep performance metrics to branch personnel to enhance sales and customer experience.
August 10, 2007... When banks realized the Internet wouldn't make branches extinct, a wave of initiatives followed to make branches more tech-savvy, customer friendly, and hopefully include shorter lines. But that was only part one of the branch automation...

Ten Tech Companies to Watch.
August 10, 2007... The challenges that banks face are legion. Meeting them takes intelligence, creativity, innovation. Banks that look for intelligent and creative tools-smart solutions across a variety of disciplines-from the most forward-thinking technology...

On Deadline.
August 10, 2007... Salaries Rise Faster Than Predicted MADISON, Wis.-Salaries for credit union CEOs rose faster than expected, with the average base salary increase at 8%, according to the 2007 CUES Executive Compensation Survey. The survey, conducted on...

How Credit Unions Can Keep The Momentum Going.
August 10, 2007... MADISON, Wis. -- What should credit unions be doing to leverage the recent uptick in membership growth? "If I were managing a credit union, I would invest in deepening the relationship with my existing members, rather than chasing after...

CUs Feel MBLs Are Shackled By Core System Limitations.
August 10, 2007... TAMPA, Fla. -- Credit unions raring to build business with commercial loans may still trip over their own core systems. "I was told to go out and compete with the Bank of Americas, but I didn't have the right tools to do it," said Larry...

What Would You Do With $1,000?: Technology Credit Union Unveils Blog, Seeks To Promote Change In Community.
August 10, 2007... SAN JOSE, Calif. -- Tech CU has a new blog, and is using it to encourage its members to give back to their community. The credit union's "web log," or "blog" launched June 26 with information on a contest it calls, "Community Change...

AD Beat: Chittenden Taps An Iconoclastic Tone: Vermont's largest bank is telling its tale by unraveling colorful stories from its customers. It's hometown flavor from a firm just purchased by one of New England's largest bank chains.
August 10, 2007... Chittenden Bank seems to know something that other banks don't: Its client companies' achievements are a symbol of its own success. Customer testimonials are nothing new, of course, but Vermont's largest bank has taken the technique to a new...

Bankrolling Blockbusters.
August 10, 2007... In 2006, 607 movies were released in the U.S., 11 percent more than in 2005. A typical box-office hit can cost $30 million, but can pull in $350 million in domestic and international box-office, pay-per-view and DVD revenue. No bank knows...

Won't 'CU' Here: ABA Policy Excluding CUs From The Trade Group's Events Draws NAFCU Ire.
August 13, 2007... WASHINGTON -- Credit unions not welcome. The American Banker Association has implemented a policy that bars credit union officials from attending any of its events, a move that drew criticism from NAFCU as it was hosting its annual...

CUs Wait On Predatory Rule.
August 13, 2007... HONOLULU -- The nation's credit unions, especially defense credit unions, are eagerly awaiting a final rule, due any day, setting new predatory lending rules for military personnel. The proposed rule is aimed at high-rate lenders, like...

NAFCU Arrives After 40 Years.
August 13, 2007... HONOLULU -- After 40 years NAFCU has arrived. No longer a so-called rump-group. Or a group of angry examiners bent on revenge. Or even a gang of rabble-rousers. But as a legitimate player in the halls of Congress, at the headquarters...

On Deadline.
August 13, 2007... Federation To Raise $25M For Capital Program HONOLULU-The National Federation of Community Development Credit Unions (NFCDCU) last week announced plans to raise an additional $25 million for its capitalization program, which would bring the...