Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (12/04/2007)
* WARRENVILLE, Ill. (12/5/07)--On Friday, Central CU Fund and Members United Corporate FCU officially merged. The National Credit Union Administration approved the merger in September. John R. Caulfield, president/CEO, St. Mary's CU, Marlborough, Mass., and Central Fund’s previous board chair, has been appointed to Members United’s board of directors. Members United Corporate FCU has $12.1 billion in assets ... * GERMANTOWN, Md. (12/5/07)--On Nov. 1, Mid-Atlantic FCU in Germantown helped sponsor the Community Services for Autistic Adults and Children (CSAAC) second annual honors gala, “A Change in the Weather … Change the Climate for Children and Adults with Autism.” The event, in Bethesda, hosted 325 guests and raised $100,000 for the CSAAC Foundation. CSAAC is part of Mid-Atlantic FCU’s Business Affiliate program, which allows companies in Montgomery County to offer membership in the credit union as a part of their benefits package. Mid-Atlantic has more than $200 million in assets … * SAN ANTONIO, Texas (12/5/07)--More than 500 people braved the cold to donate holiday turkeys for the needy during Security Service FCU’s Turkey Round-Up with the San Antonio Food Bank. (From left) SSFCU Volunteer Corps member Angie Enriquez accepts a turkey from Tom Romanello at one of the credit union’s north central service centers. The two-day drive generated twice as many turkeys as last year. Security Service FCU has $4.1 billion in assets. (Photo provided by Security Service FCU) … * NEWPORT NEWS, Va. (12/5/07)--1st Advantage FCU is offering its members alternatives to payday lending with financial counseling in response to the growing number of payday lenders in the area (Daily-Press Nov. 25). The credit union’s loans have lower interest rates than those of payday lenders at 17.95%, and the credit union requires members to put 5% of each loan into their savings account. 1st Advantage joins other area credit unions, such as Bayport CU, Newport News, and Langley FCU, who are offering their members affordable short-term loans. There has been an increase in the number of payday lenders, said George R. Dudley Jr., Bayport CEO, and credit unions needed to do something to help members … * BOULDER, Colo. (12/5/07)--Boulder Valley CU of Boulder, Colo., announced that it has partnered with Eco-Cycle to begin taking steps toward becoming a Zero Waste Company. The credit union also purchased energy-efficient lighting, office equipment, recycled paper and other office supplies. Solar panels and energy-efficient windows were installed in the credit union’s largest branch, and it recently launched www.WeCareColorado.com to promote eco-friendly efforts. In March, the credit union began working with members to help them “go green” by offering discounts on loans for purchasing fuel-efficient vehicles and installing solar panels on their homes. Boulder Valley has $153 million in assets …


RSS print
News Now LiveWire
Tech. advances don't dampen consumer #cybersecurity concerns #NewsNow http://t.co/HNn4Hojadv
10 hours ago
.@TheNCUA board unanimously voted today to designate board member Rick Metsger as vice chairman, effective immediately.
11 hours ago
We really want to hear from our readers. Please take the News Now survey: http://t.co/BYiQ5vr5Ob
12 hours ago
Advanced technologies don't quell cybersecurity fears #NewsNow http://t.co/ZJ20bimRvv
13 hours ago
.@CentralMaineCom reports #creditunions have issued thousands of new cards to proactively protect members from Home Depot data breach.
14 hours ago