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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.
Forbes, Carlson/Begala, Sinise highlight GAC
WASHINGTON (11/5/08)--Economic commentary from Steve Forbes, editor-in-chief of Forbes magazine, and a political face-off between pundits Paul Begala and Tucker Carlson will be among the highlights of the Credit Union National Association's (CUNA) 2009 Governmental Affairs Conference (GAC), to be held Feb. 22–26 at the Washington Convention Center in Washington, D.C.
The 2009 GAC also will again feature a special kickoff concert on Sunday evening, Feb. 22, presented by the CUNA Councils. Performing will be the Lt. Dan Band, formed by Chicago composer Kimo Williams and actor/musician Gary Sinise, star of the hit CBS TV show "CSI New York."
"Lieutenant Dan" is the character Sinise portrayed in the 1994 blockbuster film, "Forrest Gump," a role that won him an Oscar nomination. The band has completed six tours for the USO and performs regularly for troops around the world.
Steve Forbes will offer economic outlook and commentary at a time when the nation continues to struggle through one of the worst financial crises in its history. The current issue of Forbes magazine--the nation's leading business magazine--features his cover story, "How Capitalism Will Save Us."
He also attained national visibility in both 1996 and 2000 when he campaigned for the Republican nomination for President.
Tucker Carlson and Paul Begala will face off over current developments in national news, politics, and world issues. Carlson is a senior correspondent for MSNBC, where he hosted his own fast-paced political talk show.
Paul Begala also appeared on Crossfire and is a CNN political analyst and former top aide to President Bill Clinton. He helped his friend John F. Kennedy, Jr., launch the political magazine George and was its Capital columnist.
CUNA's GAC is the credit union movement's premier national conference on Washington issues. The GAC brings together top policy makers from Congress, the Administration, the federal regulatory agencies and the Washington political establishment to provide the latest information on legislation and regulation that affects credit unions and their ability to serve their members.
The GAC also devotes an afternoon to Capitol Hill visits, when attendees meet with their members of Congress and staff to discuss the movement's legislative agenda. With a new Congress and Administration fresh in office, a top priority of the 2009 GAC will be to ensure policy makers understand the credit union difference.
"In the aftermath of the housing and credit crises that has gripped our nation, we know policy makers will be giving close scrutiny to the regulatory scheme and structure that governs the financial sector," explained CUNA President/CEO Dan Mica. "At such a critically important juncture, it is essential that we make our voices heard. The GAC--where we bring together thousands of credit union representatives--presents a unique opportunity to have a powerful and lasting impact."
GAC housing registration opens Thursday at 2 p.m. ET. Use the resource link below to access more information and the complete schedule.
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