LONDON, England - A debate before Parliament put the case for credit unions strongly before the House of Commons, including a central services organization, which is a pet project of the Association of British Credit Unions (ABCUL). The debate was introduced by Gareth R. Thomas, Labour and Co-op member for...

WASHINGTON-The Senate passed its version of the Veterans Affairs, Housing and Urban Development, and Independent Agencies (VA-HUD) Appropriations bill, which contained $20 million more in funding for the Community Development Financial Institutions (CDFI) Fund than the House. The Senate's bill approved a borrowing authority for the Central Liquidity Facility (CLF)...

Kirk Cuevas takes the leap. Cuevas, chief of staff and counsel to NCUA Acting Chairman Dennis Dollar, tied the knot Saturday, August 4 in his hometown of Gulfport, Mississippi. In the wedding, other than the blushing bride Alicia Malch, was Dollar as the best man, and Cuevas' brothers Korey and...

PASADENA, Calif. - Wescom Credit Union believes that consumers should be given a second chance to prove they can manage a checking account even if their track record is blemished. The $1.9 billion-credit union is participating in e-Funds' pilot of the company's "Get Checking" program because, says Jane Wood, senior...

WASHINGTON-CUNA is polishing up the efforts of its Partnership Committee for battle on three major credit union fronts. Upon renaming the CUNA System Planning Committee as the Partnership Committee, the group and its member organizations have targeted three major initiatives for the coming months: to help credit unions build political...

ALEXANDRIA, Va. - Pentagon Federal Credit Union (PFCU) has become the newest sponsor of the Military Times Media Group which consists of the Web sites Army Times.com, Navy Times.com, Air Force Times.com and Marine Corps Times.com. The third largest credit union in the nation with $4 billion in assets and...

Mid-Atlantic Federal Credit Union, Gaithersburg, Md., has named Harpreet Broca Germantown branch manager and Ronald Blanks Rockville branch manager. Chartway Federal Credit Union, Virginia Beach, Va., has named Glenn Thomas director of information technology. Hudson Heritage Federal Credit Union, Newburgh, N.Y., has named Shannon Harkins information technology specialist. Capital Communications...

GLASTONBURY, Conn. - Core processor Open Solutions Inc. has acquired Connecticut-based Sound Software, a provider of lending management solutions for community financials. Open Solutions will acquire Sound Software for an undisclosed amount of cash and stock. Sound Software will become a wholly-owned subsidiary of Open Solutions and operate as a...