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Most CUs will provide wage increases for at least some of their employees, according to CUNA's just-released Small CU Staff Salary Survey.
St. L Post Dispatch on GAO report:Consumers may not benefit from altering Interchange system;would cut card competition. http://ow.ly/ETyX
CUNA's Hampel: Consumer holiday spending will be up slightly from last year. See Tues NN.
NCCUL and WOCCU met with Romanian CUs this week. The CUs are experiencing growth and want to increase their public relations efforts.
Kent Buckham has been named by NCUA as director of the newly created Office of Consumer Protection. The 7-person dept. launches in Jan.
Virginia CUs honored for social responsibility
LYNCHBURG, Va. (11/9/09)--The Virginia Credit Union League reported a record of 24 awards in this year's social responsibility contests, which recognize credit unions' commitment to their community, the "people helping people" credit union philosophy, and youth financial education.
Credit unions were honored with Desjardins Youth Financial Education Awards, Dora Maxwell Social Responsibility Awards, and the Louise Herring Award for Philosophy in Action. First place winners in each asset category advance to national competition, sponsored by the Credit Union National Association. All award winners also will be recognized at the league's annual meeting in May.
First place Desjardins winners in their asset size categories include:
- DuPont Community CU, Waynesboro, Va., greater than $250 million in assets;
- Synergy One FCU, Manassas, $75 million to $250 million;
- Virginia Educators' CU, Newport News, $35 million to $75 million;
- Loudoun (Va.) CU, less than $35 million; and
- Beach Municipal FCU, Virginia Beach, cooperative category.
First place Dora Maxwell award winners include:
- Chartway FCU, Virginia Beach, $500 million or more;
- University of Virginia Community CU, Charlottesville, $200 million to $500 million;
- Arlington (Va.) Community FCU, $100 million to $200 million; and
- Northern Piedmont FCU, Culpeper, $20 million to $50 million.
First place Louise Herring award winners include:
- Langley (Va.) FCU, more than $250 million; and
- Northern Piedmont FCU, Culpeper, $20 million to $50 million.
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