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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.
Groundbreaking for second 'Home' for veterans
WASHINGTON (4/29/08)—April began and ended with groundbreaking ceremonies marking the launch of homes for wounded veterans of the Iraq war, in which the Credit Union National Association (CUNA) and state credit union representatives participated.
The effort is part of the "Homes for Our Troops" initiative and a project of both the Democratic National Convention Committee (DNCC) ,in Denver, Co., and the Republican National Convention (RNC), in St. Paul, Minn. The National Journal is also a program partner.
The plan is to provide specially adapted homes for two severely wounded members of the American armed forces and their families under the auspices of the non-partisan non-profit group, Home for Our Troops.
CUNA and league representatives were on hand Monday to start a home for Sgt. Marcus Kuboy. Kuboy was injured in an explosion while patrolling the outskirts of Fallujah.
The completed home will be presented to Kuboy in September during the RNC meeting to name the Republican candidate for the 2008b presidential election.
Earlier this month, the partner groups started the home that is to presented to wounded Iraq war veteran SSG Travis Strong and family around the 2008 DNCC. Sgt Strong lost both legs as a result of a rocket-propelled grenade attack on his Stryker vehicle.
More Washington
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