Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (07/29/2009)
* WASHINGTON (7/30/09)--The District of Columbia office of the Maryland and District of Columbia Credit Union Association (MDDCCUA) has moved to 401 C Street NE, lst Floor, Washington, DC 20002. The new facility is located next to the Credit Union House and provides offices for MDDCCUA staff and meeting space. Vice President of Legislative Affairs Brian Tate and Director of Public Affairs Sarah Turner have offices in the new facility. Their phone numbers have not changed. The association said the new space keeps a strong local presence in the district, is close to Capitol Hill and is more economic (FOCUS Newsletter July 27) … * COLUMBUS, Ohio (7/30/09)--Ohio Credit Union Foundation (OCUF) says it is well on its way to its goal of providing $250,000 in grants this year. During the first six months of 2009, the foundation awarded more than $150,000 in grants to promote financial independence through credit unions. It funded six financial education grants totaling $112,901 for student education and awareness programs, student-run credit unions, production of Biz Kid$, and creation of a money skills board game. It helped 27 credit union leaders attend 10 state and national professional development opportunities. And it provided an outreach grant to secure the services of a professional grant writer to seek funds for establishing a new Latino credit union in South Toledo. OCUF also has contributed to the World Council of Credit Unions' disaster relief fund to assist credit union employees, volunteers and members affected by brushfires in Australia (eLumination Newsletter July 22) … * SEATTLE (7/30/09)--Della Dimond, a former bookkeeper at Alaska Airlines/Horizon Air Employees FCU, Seatac, Wash., was convicted Thursday of embezzling nearly $109,000 in $50 and $100 bills from the credit union between November 2001 and November 2003. U.S. District Judge John Coughenour convicted Dimond of one count of embezzlement of credit union funds and set a sentencing date of Oct. 30. Dimond began work at the credit union in 2001 and was the sole employee responsible for counting cash daily. In November 2003, credit union officials discovered a large amount missing. She quit the credit union. She faces up to 30 years in prison (Seattle Times July 27) … * BRIDGEWATER, N.J. (7/30/09)--Financial Resources FCU Foundation announced it has raised $15,000 at its annual charity event to benefit Ocean of Love, an organization dedicated to helping children with cancer and their families. Sponsoring the event were Diebold Inc. of North Canton, Ohio, and James Toyota Scion of Flemington, N.J. For the past 17 years, the credit union and its foundation have raised more than $375,000 to benefit charities and medical institutions that provide services to needy children, reported the New Jersey Credit Union League (Weekly Exchange July 20) …


RSS print
News Now LiveWire
.@CUNA's @HampelBill takes #IceBucketChallenge See #Newsnow for who he challenged http://t.co/RiejgSjywL http://t.co/joaI4qd1Tq
25 minutes ago
#creditunions must look outside narrow window of products for revenue growth: Filene #NewsNow http://t.co/14HPutjBFy
33 minutes ago
In just over a year, @SaveToWinWA generates more than $1M of savings in 6 #creditunions http://t.co/rszMd0SZVv
16 hours ago
Even the pest guy is a cybersecurity risk: http://t.co/Tqq4qfOgcq
17 hours ago
.@SCTelco_FCU among best places to work in S.C. via @TheCCUL http://t.co/PJnjOArfm8
18 hours ago