Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (01/31/2008)
* MADISON, Wis. (2/1/08)--This is the official legal notice to all members of the Credit Union National Association (CUNA's) 74th Annual General Meeting (AGM), scheduled for Monday, March 3, 2008, from 10 a.m. to 11:15 a.m. at the Washington Convention Center in Washington, D.C. It will be held in conjunction with the CUNA Governmental Affairs Conference. The AGM will update member credit unions and leagues on the actions of their association over the past year. Marie Osmond, entertainer and co-founder of Children's Miracle Network, will be a special guest speaker … * DUBLIN, Ohio (2/1/08)--Ohio Gov. Ted Strickland has appointed Gary Soukenick, CEO of Seven Seventeen CU, to the state's Credit Union Council (eLumination Newsletter Jan. 30). His official duties begin at the April 9 meeting. The council is part of the Ohio Division of Financial Institutions and is chaired by Deputy Superintendent for Credit Unions Rose Bartolomucci. Its seven members meet quarterly and provide advice and recommendations on credit union issues to the state regulator and governor … * WATERLOO, Ont. (2/1/08)--The proposed merger of two Canadian credit unions--Your Neighborhood CU, based in Waterloo, Ont., and the Mitchell and District CU, Mitchell, Ont.--has been approved by members and will take effect March 1. The new combined credit union, called Your Neighborhood CU, will have 13 branches, $470 million in assets and 29,100 members. It will be the 11th-largest credit union in Ontario. Kerry Hadad, CEO of Your Neighborhood CU, will remain as CEO. Beth Bruesch, CEO of Mitchell and District, will be senior vice president (The Waterloo Record Jan. 30) … * HARAHAN, La. (2/1/08)--The Louisiana Credit Union League (LCUL) has launched a new website at in partnership with The reorganized structure includes drop down menus for easier navigation and provides access to information on credit union cooperative branching, education, training, government affairs, regulatory compliance, news and publications, products and services, and more. The new site requires current members to create a new account … * GRAND RAPIDS, Mich. (2/1/08)--Eddie Jerome Mills, 28, of Kalamazoo, Mich., was sentenced to 28 years in prison last week for robbing four Kalamazoo banks and credit unions plus a fifth bank in Lafayette, Ind. (US Fed News Jan. 23). The spree included the Feb. 2, 2006, armed robbery of Allegis CU and the March 17, 2006, robbery of the Grand Valley Co-op CU. Co-defendants Marvin Eugene Harris Jr. and Jerome Anthony Barnes are awaiting sentencing. Co-defendant Deandre L. Smith was sentenced to 63 months in prison for the Allegis CU robbery, and co-defendant Rodney Shamon Allen received a 76-month sentence for the Grand Valley Co-op CU robbery. Mills also must serve five years of supervised release and pay more than $216,766 in restitution and special assessments …


News Now LiveWire
American Banker reporter follows up with CUNA's Schenk on holiday spending survey results
56 minutes ago
CFA/CUNA holiday survey spending plans results
1 hours ago
CUNA/CFA give holiday spending tips:budget,compare,pay off quickly,save early for next year.
1 hours ago
CFA's Brobeck points consumers to the better rates and fees at #creditunions
1 hours ago
Households w incomes less than $25,000 fared worse over yr than those over $100,000 Brobeck notes
1 hours ago