SALT LAKE CITY - He's not getting much sleep and he can barely squeeze in "a few hours on weekends" with his family, which explains why Jeff Blackburn, the Salt Lake City credit union president, called up for Army National Guard duty to help out Olympic security, admits "it will...
RALEIGH, N.C. - In what is described as a "unique" partnership, Local Government Federal Credit Union here is offering $10,000 in scholarships to members who enroll in a newly reorganized government education unit of the University of North Carolina. The annual program, to start next month and thought to be...
CU Times Midwest Correspondent HELENA, Mont. - When Montana credit unions need guidance on compliance matters, they call "Jeanne." Jeanne Bauman, assistant vice president of regulatory affairs at the Montana Credit Union Network, has become the circuit riding compliance "guru" for CUs in the state. Indeed, associates describe her as...
WICHITA FALLS, Tex. - Often times in educational credit unions, it's the CU that leans on its benefactor-school districts-but at the $45 million Wichita Falls Teachers Federal Credit Union the tables were turned this month. Supporters of a special $121 million bond issue which included school district board members borrowed...
RALEIGH, N.C. - The "Fat Cat" is really purring at State Employees Credit Union. That's the moniker for a youth program, borrowed from the Canadians, that has taken off within the year attracting more than 40,000 savings accounts from youngsters 12 and under. "It's something that has simply caught on...
HELENA, Mont. - Every February the staff at Helena Community Credit Union gets a taste of what youthful "showbiz" is all about-and the reward is a bonanza of goodwill and public exposure for the $68 million CU. The CU staff helps in making arrangements for the big event - "A...
RALEIGH, N.C. - The fight over payday lending by check cashers-which has drawn credit unions, banks and consumer groups into the so-called "rent-a-bank" fray over the last three years-appears headed to a federal court here. Up to now, the battle has been waged in state legislatures and a handful of...
By JIM RUBENSTEIN CU Times Southwest Correspondent DENVER - The Colorado legislature is shaping up as the next staging ground for the fight over predatory lending with a coalition of consumer groups and the Colorado Credit Union System pitted against so-called unscrupulous mortgage lenders. Hearings on a predatory lending bill,...
By JIM RUBENSTEIN CU Times Southwest Correspondent GREENSBORO, N.C. - Like many credit unions in areas hit hard by the recession, the $90 million Summit Credit Union here has known for months it had a staffing problem in fielding so many financial counseling calls of its members. "We had one...
CU Times Southwest Correspondent SALT LAKE CITY - When it comes to Olympic volunteers, Utah credit unions have been doing their part, and even one-a CEO doubling as a National Guard officer-might be considered beyond the call of duty, so to speak. "I'm happy I can serve," said Jeff Blackburn,...