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CU System briefs (03/02/2010)
* UNION, N.J. (3/3/10)--Rep. Leonard Lance (R-N.J.) Monday pointed out credit unions are the "good guys" and not responsible for the nation's banking crisis. He made the comments at a packed multi-chapter meeting hosted by the Union-Morris chapter of the New Jersey Credit Union League. "I do not think we should be doing anything to limit credit unions," said the congressman. "We should be strengthening credit unions. I would be opposed to anything that puts more limits on credit unions." Lance noted that credit unions "are well represented by your leadership. We will be continuing our conversation to better understand your concerns." He noted that New Jersey's delegation hiking the Hill during the Credit Union National Association Government Affairs Conference made him aware of the legislation to raise credit unions member business lending cap. He said he understands the importance of the MBL issue to credit unions and his office is evaluating the legislation. Lance is a member of the House Financial Services Committee and serves on its subcommittee on financial institutions and consumer credit. (Photo provided by the New Jersey Credit Union League) ... * ST. PAUL, Minn. (3/3/10)--The Minnesota Credit Union Foundation funded a $3,000 grant to ICOP, a non-profit direct service organization that provides affordable housing, financial education and wealth accumulation for low-incomers. The grant will provide financial literacy education for its clients. The classes are held in collaboration with West Financial CU, based in Medina. "IOCP has an excellent track record of integrating financial education into its larger goal of financial independence for low-income families," said Kristi Mukomela, foundation chair. ICOP expects to work with more than 30 individuals during its two financial education sessions, slated for May and October ... * ALBUQUERQUE, N.M. (3/3/10)--The Credit Union Association of New Mexico (CUANM) debuted its revamped website at last week. The site is now more user friendly, protects credit union professionals' information with passwords and helps credit union members or prospective members find out more about credit unions. The site will include key events and topics on the home page and an up-to-the-minute feed of important credit union issues and news, said Mary Beth King, communications coordinator at the league. It also will link to CUANM Learning Center, Kirby Kangaroo and CU Succeed youth services, a CUANM Twitter account, and other related sites. Credit union professionals can sign up for an account to access password-protected information and receive the CUANM Network newsletter ...


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