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May 23, 2013

Okla. Foundation Deploys Tornado Relief Fund, Insurer Reports Damages

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The Oklahoma Credit Union Foundation Tuesday deployed its Tornado Disaster Relief Fund to assist credit union people impacted by tornadoes Sunday and Monday in Shawnee and Moore. And CUNA Mutual Group reported major damage to just one credit union. ReadMore

CUNA Mutual Group: Mortgages Should Reflect Flood Zone Requirements

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With a wet U.S. spring causing the potential for flooding to increase, all credit unions need to make sure they know whether a property is in a flood zone before approving a mortgage, according to an article by Kriss Besch, CUNA Mutual Group product support manager. ReadMore

In Canada, CUs Outperform Banks On Small Biz Needs

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Like credit unions in the U.S., Canadian credit unions continue to outperform banks in serving the financial needs of small and medium-sized enterprises, according to a Canadian Federation of Independent Business research report. ReadMore

Ohio CU Helps Kids Find a Way To Play

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Wayne County Community FCU in Smithville, Ohio, stepped in to fill a need when parents were disappointed that their three- to five-year-old children didn't have an option for playing organized sports in the community. ReadMore

Catalyst Corporate Appoints Supervisory Committee

CU System
Catalyst Corporate FCU, Plano, Texas, named two new members to its Supervisory Committee. ReadMore

Century Heritage FCU Staffer Wins Council Primary

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Bob Macey, Allegheny County councilman and business development/community relations director for Century Heritage FCU, won the Democratic primary election against opponent Arlene Jabbour in Council District 9 in Pennsylvania Tuesday, the Pennsylvania Credit Union Association said. ReadMore

CU System Briefs (05/23/2013)

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ONTARIO, Calif. (5 23 13) Stephen Barden, former credit union president CEO, California Credit Union League employee and Western CUNA Management School  (WCMS) Board of Trustee chair, has died, said the California and Nevada Credit Union Leagues. Barden retired in

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Gov. Dannel P. Malloy has sent CU League of Connecticut an official proclamation praising the value of its Financial Reality Fair Program.
8 hours ago
NCUA today liquidated Electrical Workers #527 FCU of Texas City, Texas. Watch News Now Friday.
8 hours ago
U.S. mortgage rates rose for the third consecutive week, Freddie Mac said Thursday. A 30-year FRM averaged 3.59%, and the 15-year FRM 2.77%.
8 hours ago
@TheNCUA has posted the May edition of the monthly economic update: http://t.co/CyVNQPCOEo
9 hours ago
Patrick Pierce of City & County CU, St. Paul, Minn., has been elected board chair of the Minnesota Credit Union Network.
9 hours ago