Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (02/20/2009)
* DEARBORN, Mich. (2/23/09)--Dearborn police and the Federal Bureau of Investigation were looking for a man who left a package inside a branch of Dearborn Financial CU during a robbery Thursday morning. The robber said the package contained a bomb. However, it contained no explosive materials, said police. Authorities evacuated the area while the package was dismantled. Police believe the suspect left the package to help secure his escape after the robbery, which occurred after 9:45 a.m. He fled with an undisclosed amount of cash (The Detroit News Feb. 19) … * PANAMA CITY, Fla. (2/23/09)--Tyndall FCU announced a casting call for its new television campaign. The deadline is today for submitting photos. The $884.4 million asset, Panama City-based credit union invited members and employees of all ages to submit photos for the pre-selection casting process. It's looking for members to act as a military family; older retired couple; three recent college graduates; a single male or female who is in the 20s; a family with three or four children; an intergenerational family; a dock or boat worker; a mid-40s male; and early 30s professionals … * DUBLIN, Ohio (2/23/09)--The Ohio Credit Union Foundation has awarded a $5,000 disaster relief grant to the World Council of Credit Unions for its Disaster Relief Fund for Australia, where a number of credit unions' employees and members lost their homes to brushfires last month (eLumination Newsletter Feb. 18). The fires killed at least 200 people, destroyed at least 7,000 homes and at least a dozen villages … * GORHAM, Maine (2/23/09)--Maine credit unions raised more than $25,000 in the 15th Annual Dr. Noel Paradise Memorial Swish-Out Childhood Cancer Challenge. The event, presented and coordinated by Maine's credit unions, is named for the late father of Jon Paradise, governmental and public affairs manager at the Maine Credit Union League. It was the second straight year the event has raised more than $25,000. Since its inception in 1994, it has raised more than $148,000 for the Maine Children's Cancer Program. The basketball tournament attracted 32 co-ed teams. University CU was one of several credit unions that participated. The team was led by Captain Joe Gervais, center, executive vice president. (Photo provided by the Maine Credit Union League) … * PEMBROKE PINES, Fla. (2/23/09)--School budget cuts have played up the importance of financial education programs, says Power Financial
Click to view larger image Click for larger view
CU, a Pembroke Pines, Fla.-based credit union that has joined forces with the city's Chapel Trail Elementary to hold monthly Gator Teller Days during lunchtime. Here, students line up to make their monthly deposits at a mock teller station. A student teller, assisted by a credit union employee, takes the deposits. "By giving children these real-life financial experiences at an early age, we hope to educate them about money management and the responsibilities that come with it," said Allan M. Prindle, president/CEO of the $480 million asset credit union. "We believe that it's especially imperative now as our local public schools are facing severe budget cuts--they will rely on members of the community and we're glad to offer our assistance," he said. (Photo provided by Power Financial CU) … * ALBANY, N.Y. (2/23/09)--Philip Faller of Clifton, N.J., has joined the Credit Union Association of New York as a management consultant. He will work with credit unions in Queens, Manhattan, Westchester and Long Island on strategy development and operations, and act as a liaison between credit unions and the association. Faller previously was a senior business consultant for Members United Corporate FCU. Before that, he was a regional sales executive for Lorimac Corp., where he worked with credit unions to develop marketing plans for mortgage support services …


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
6 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
7 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
7 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
8 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
9 hours ago