Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (06/06/2008)
* WASHINGTON (6/9/08)--The deadline is Friday for registering for “How You Can Help Car Buyers Steer Clear of Predatory Loans,” an auto lending summit sponsored by the National Credit Union Foundation (NCUF). The event will take place July 22 at Credit Union House on Capitol Hill in Washington, D.C. and is limited to 40 executives. Best practices in credit union auto lending to non-prime borrowers will be discussed. For more information, contact Lois Kitsch, NCUF REAL Solutions program director at lkitsch@ncuf.coop ... * BOSTON (6/9/08)--Telephone Workers’ CU, Boston, is changing its name to Liberty Bay CU. The catalyst for the name change was a change in the credit union’s charter, which expands membership eligibility to include anyone who lives, works, or attends school in the Boston area. Liberty Bay’s downtown Boston and Braintree branches will relocate. Liberty Bay has $529 million in assets ... * SYRACUSE, N.Y. (6/9/08)--Empower FCU, Syracuse, N.Y., has merged with Fulton, N.Y.-based Nestegg FCU. The relationship presents opportunity for both credit unions’ members, said Jim Reynolds, Empower vice president of communications. Fulton members had wanted branches on both sides of the city, and the merger will fulfill that need, he said. The combined credit union will keep the Empower FCU name (The Post Standard/Herald-Journal May 29) ... * WINSTON-SALEM, N.C. (6/9/08)--Piedmont Aviation President/CEO Judy Tharp is featured on the June cover of Forsyth Woman Magazine, a monthly publication distributed in the Triad. She is featured in an article, "One Woman's Leadership Journey," which highlights her career in credit unions since 1979, when she helped start Cape Fear Employees CU in Wilmington. Tharp discusses the credit union movement and her passion to promote it to as many people as possible. The article highlights her commitment to further credit union progression to more people and the value credit unions provide consumers. (Photo provided by the North Carolina Credit Union League) … * RALEIGH, N.C. (6/9/08)--Coastal FCU has donated $10,000 to the National Veterans Freedom Park Foundation campaign to build a 12-acre site in Cary, N.C., honoring the sacrifices of American servicemen. The park will ensure that their firsthand accounts of history will be preserved. The project's centerpiece will be a 150-foot tall Light of Freedom spire. The location also will house a 25,000 sq. ft. education center, with classroom, auditorium, art gallery and other memorabilia exhibits. In 1973, a fire at the National Personnel Records center in St. Louis wiped out service records of millions of veterans. The foundation is working to record, restore and preserve those veterans' legacies, and is seeking photos, letters, travel orders, separation documents and more. It also will record veterans' stories … * PORTSMOUTH, N.H. (6/9/08)--Service CU of Portsmouth has increased its support, with a $10,000 donation, for an Air Force memorial to honor state men and women who served in the Air Force (Fosters.com June 4). The donation went to the New Hampshire chapters of the Air Force Sergeants Association and the Air Force Association. It makes the credit union the largest contributor to the memorial with a total contribution of $30,000. It gave $5,000 in February of 2007 and another $15,000 in November. A groundbreaking ceremony at the New Hampshire Veterans Cemetery in Boscawen is scheduled for Nov. 11 … * RANCHO CUCAMONGA, Calif. (6/9/08)--The California and Nevada Credit Union Leagues promoted Melissa Ameluxen to state legislative and regulatory lobbyist from political grassroots development specialist. She succeeds Keri Bailey, who is now the leagues' director of state government affairs. Ameluxen, who will continue to work out of the leagues' Sacramento office, will be responsible for assisting leagues boards and government relations committees in developing league policy on government affairs issues. She also will represent those positions to legislative and regulatory decision-makers in the two states. Prior to joining the league, Ameluxen served as field representative, legislative assistant, and district director for former state Assemblyman Russ Bogh. She was a campaign manager for several state legislators, including Assemblyman Bill Emmerson …


RSS print
News Now LiveWire
.@CFPB today finalized changes 2 remittance rule, proposed in April. See rule here: http://t.co/tPs6Mlimni
7 hours ago
State OKs Floridacentral #creditunion's bank branch purchase #NewsNow http://t.co/37uXorWsmV
10 hours ago
Today is deadline to order your T-shirt for #MiracleJeansDay @CU4Kids @CMNHospitals http://t.co/UXIqW3cFN6
10 hours ago
#Creditunion #100MM on display with @NWCUA's Minickiello, Wash. Rep. Sharon Tomiko Santos at @NCSLorg @CUNAadvocacy http://t.co/xVwnS39uEM
11 hours ago
Fraudsters hit @jpmorgan with smash and grab #phishing campaign http://t.co/VEkAvctYLJ
11 hours ago