Over the past 18 months or so, credit unions and the growing number of organizations that represent them, seem to have gone on a binge in creating alliances, partnerships, cooperative ventures, special interest CUSOs, and new entities of all types. The alleged purpose of this organizational frenzy, such as the...

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Mobiloil Federal Credit Union, Beaumont, Texas, has named Kim L. Heinze vice president of finance.

New rules and regs passed at NCUA's July Board meeting are expected to have a major impact on FCUs. In this issue, Credit Union Times takes a closer look at these regs and other significant events of the July meeting. See pages 19, 20, 21.

San Antonio Federal Credit Union, Texas, has appointed the following officers to its board: Samuel Idrogo, chairman; Brigadier General, USAF, NC (Ret), Sue Turner as vice chairman; Franklin W. Burk, secretary; Richard Rodriguez, treasurer; Carlton W. Mertens, director; and Leslie J. A. Sachanowicz, director.

Subprime lending has provided many consumers with blemished credit histories with the key that opens the door to home ownership. But has this practice also inadvertently fostered the rise of a group of homeowners who are dissatisfied and mistrustful of the mortgage process? Read about this and other mortgage-related news...

DULUTH, Ga.- Georgia Central CU has appointed Allen Carver interim president/CEO. David Preter resigned from the post recently to become president/CEO of the $3.7 billion Mid-States Corporate FCU. Carver recently retired from a 33-year career with NCUA. During his tenure with NCUA, Carver served as Regional Director in Atlanta and...

* Formerly South Dakota Corporate FCU (name change occurred this March), * The nation's smallest corporate with $100 million in assets * Serves 62 CUs in South Dakota. * FOM: Recently expanded its FOM to be able to present check imaging, item processing and service bureau DP in the Fed's...