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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
Yakima Valley CUs have benefited from larger banks troubles as membership, deposit growth, and overall presence expand. http://ow.ly/goHD
Florida Central CU names CUNA board member Laida Garcia as president, CEO. Garcia succeeds the late Ed Gallagly. See http://ow.ly/gnw7
WesCorp detailed cost-saving initiatives-- including roughly 90 layoffs--that aim to roll back expenses to 2003 levels. See July 6 NN.
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.
CUNA closed Monday for holiday
WASHINGTON and MADISON, Wis. (8/29/08)--The Washington, D.C. and Madison, Wis., offices of the Credit Union National Association will be closed on Monday in observance of the Labor Day holiday.
News Now will not publish on Monday but will resume regular publication Tuesday.
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