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Australian CUs have experienced strong growth in retail deposits at the expense of their regional banking rivals. http://ow.ly/goIE 2 days ago

Yakima Valley CUs have benefited from larger banks troubles as membership, deposit growth, and overall presence expand. http://ow.ly/goHD 2 days ago

Florida Central CU names CUNA board member Laida Garcia as president, CEO. Garcia succeeds the late Ed Gallagly. See http://ow.ly/gnw7 2 days ago

WesCorp detailed cost-saving initiatives-- including roughly 90 layoffs--that aim to roll back expenses to 2003 levels. See July 6 NN. 2 days ago

Wash. State CUs have seen a 313% mortgage loan increase over the last 10 years, with lower car loan, savings deposit increases. See Mon. NN. 2 days ago

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Mississippi CUs say 'thank you' for Katrina recovery efforts

JACKSON, Miss. (8/30/07)--On the two-year anniversary of Hurricane Katrina, Mississippi credit unions are thanking contributors to disaster relief and reminding the credit union community of the importance of continued support.

To highlight the impact of the support, Mississippi credit unions have created a nine-minute "thank you" video that is available on YouTube.

"With the recent earthquake in Peru as well as Hurricane Dean, we are reminded that credit union support makes a tremendous difference in the lives of those affected," said Charles Elliott, Mississippi Credit Union Association President/CEO. "While we wish we could thank everyone personally, the People Helping People video should convey our sincere gratitude for the thoughts, prayers and overwhelming generosity from our extended credit union family during our greatest hour of need.

"The employees in the video share the difference you made in their lives," he continued. "Their words will make you proud to be a part of America's Credit Unions and will add more meaning to the phrase...where people are worth more than money."

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