Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (09/28/2010)
* LANSING, Mich.(9/29/10)--Michigan Gov. Jennifer Granholm mentioned credit unions and the Credit Union Small Business Financing Alliance in her weekly radio address, said the Michigan Credit Union League (Michigan Monitor Sept. 27). The address focused on opportunities in the state for small businesses. In her February State of the State address, Granholm announced the alliance, in which the state's credit unions work with 12 small business and technology and development centers to assist businesses ... * BOISE, Idaho (9/29/10)--The Idaho Credit Union League hosted a reception of the Council of State Governments-West (CSG) meeting in Sun Valley, Idaho, where conference attendees toured the Redfish Lake area and learned about the area. State Rep. Rich Wills (R-22), CSG-West chairman (shown here), and state Rep. Wendy Jaquet (D-25) were among legislators and legislative services staff who helped coordinate the conference. Valerie Brooks, regulatory and governmental affairs director for the league, attended the meeting. The event provided opportunities for legislators to meet with their peers from across the West and to discuss issues important to their states. Topics discussed included the economy, state budgets, education, the courts, water and environment, said Brooks ... * MISSOULA, Mont. (9/29/10)--Ben A. Diveley, 34, of Helena, Mont., has been sentenced to a year and a day in prison after pleading guilty in embezzling nearly $77,000 from Helena Community CU. During his employment of five years at the credit union, Diveley took out loans totaling $75,000 using fake borrower names. The loans were guaranteed with a member's share certificate without the member's permission. Diveley told the court he used the money to pay off credit cards. He was making payments on the loans at the time they were discovered. He also was ordered to pay nearly $89,000 in restitution (Associated Press Newswires Sept. 27) ... * SAN ANTONIO (9/29/10)--Firstmark CU was honored in a resolution by Texas state Rep. Joaquin Castro for its efforts in supporting SAReads, an annual summer citywide book drive (PRWeb Sept. 28). Leon Ewing, CEO, of the more than $700 million asset credit union, noted it collected about 2,000 books and donated more than $1,000 to the SA Reads program. The program was founded this year by Castro, Literacy San Antonio and San Antonio Youth Centers. Firstmark CU joined the collaboration with the shared goal to help collect and distribute books to schools and nonprofit organizations across the city ... * KANSAS CITY, Mo. (9/29/10)--Kansas City credit unions talked with 12 legislators and candidates during a breakfast meeting Sept. 22.
In thanking credit unions for their "member-driven focus," Jeff Grisamore (R-47) noted, "Credit unions are a great aspect in the spectrum of financial institutions." (The Missouri difference Sept. 24). Outgoing State Rep. Ray Salva (D-51) asked incoming and current legislators to support credit unions in Missouri. Attendees included Melissa Rowe, a staffer of U.S. Rep. Sam Graves (R-6). Eleven credit unions explained the credit union difference to the candidates and updated lawmakers on current credit union issues. From left are Pat Yokley, CommunityAmerica CU; Ira Anders, Dist. 51 candidate; state Rep. Jerry Nolte (R-33); and state Rep. Mike McGhee (R- 122). (Photo provided by the Missouri Credit Union Association) ...


News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014
8 hours ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers:
13 hours ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow
13 hours ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow
14 hours ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU
14 hours ago