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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.
Biz Kid$ among the 'best in books, TV,' says USA TODAY
NEW YORK (1/7/09)--For the second time in just over six months, USA Today has spotlighted "Biz Kid$," a television program underwritten by America's Credit Unions and aimed at teaching youths about money. This time, "Biz Kid$" is named among the "best in books, TV."
The article appeared in the national newspaper's Money section (Jan. 5), and included a photo that was the dominant element on the page.
The photo is of Kailyn Cage, who runs a mini vending empire in Washington D.C. One of the 12 episodes this season focuses on the importance of good credit and features Cage, a Bowie, Md., teen who secured credit through the financing arm of the vending machines manufacturer.
In June, USA Today also featured the program and a photo in its Money Section (News Now June 4).
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