Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (05/05/2008)
* APPLETON, Wis. (5/6/08)--Ken Eiden, CEO of Appleton-based Prospera CU will participate on a panel next week at a national conference hosted by the Institute of American Values. It will take place May 13 in Washington, D.C. Prospera CU has gained national attention for GoodMoney, its alternative to payday lending. "We realize that payday lending is a backend solution to a much larger problem," he said. "The true solution begins with financial education and reverting back to the principles of thrift, a concept that has been embedded in the foundation of credit unions since the movement began." A new white paper, "For a New Thrift, Confronting the Debt Culture," will be unveiled at the conference. Among the topics it discusses are models of reform including regulations and the credit union movement as a solution to the debt problem … * NORTHVILLE TOWNSHIP, Mich. (5/6/08)--Former Michigan Credit Union - (League MCUL) chairman Robert L. Huston, retired president/CEO of Co-op Services CU, has been named as the recipient of the league's highest honor, the Distinguished Service Award. The award includes automatic induction into the Michigan Credit Union Hall of Fame (Michigan Monitor May 5). Huston also has served as a director of the Credit Union National Association and CUcorp, and was a driving force behind the organization of a data processing credit union service organization, CU Data Inc. He will be recognized officially at the 2008 MCUL Annual Convention and Exposition May 15-17 in Grand Rapids … * KENT, Ohio (5/6/08)--From left, Ron Moss and Bill Burns, directors of Kent (Ohio) CU, have been named as 2008 Volunteers of the Year by the Ohio Credit Union System. As part of the Ohio Credit Union League's 2008 Leadership Recognition Program, Burns and Moss were honored for 44 years of outstanding service during the league's ZENITH08 annual convention in Columbus. Both men are charter members of the credit union's board and have served as board members for 44 years (Photo provided by Kent CU) … * NORTHVILLE TOWNSHIP, Mich. (5/6/08)--Raul Alvarez, marketing director of Financial Plus CU, Flint, Mich., has been named as the 2008 recipient of the Michigan Credit Union Foundation Credit Union Community Volunteer Award (Michigan Monitor May 5). Alvarez has served on boards or committees and done volunteer work for Genesee Area Skills Center, Grand Blanc Public Schools, Fenton Public Schools, Fenton Cultural Center Corp., Whaley Children's Center, Swarz Creek Area Chamber of Commerce, Boy Scouts of America, Capitol Area United Way, Junior Achievement of Mid-Michigan, and the Ingham Regional Healthcare Foundation. The award will be presented at the Michigan Credit Union League's Annual Convention and Exposition, May 15-17 in Grand Rapids …


News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
14 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now:
16 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
16 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
16 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
18 hours ago