FDIC Chairman Donna Tanoue has resigned. Tanoue is best known of late for her work to reform deposit insurance. See full story on page 2.

KILLARNEY, Ireland - If the saying "misery loves company" is true, then credit unions can take solace-albeit small solace-from the fact that predatory lending is not just a problem plaguing U.S. consumers, it's pervasive worldwide. Just how widespread predatory loan practices and other fringe banking abuses are throughout the world...

Looking back three years ago finds both bank and credit union PAC contributions soaring. The actual 1998 numbers through April 1998 for the CU PACs totaled $242,786, including $203,875 from CULAC, $18,029 from NAFCUPAC (through March only) and $20,882 from CCULPAC. "To an extent, this is a chicken-and-egg thing," said...

MADISON, Wis. - Three CUNA Mutual Group executives spent a week in China recently where they visited with Chinese officials about the possibility of CUNA Mutual providing insurance for China's credit cooperatives. The CUNA Mutual execs included President/CEO Mike Kitchen; Ralph Swoboda, vp of international affairs; and Lon Sprecher, head...

Riverside County's Credit Union, Calif., has been recognized as the "Top Company to Work for" in the Inland Empire 2001 Awards ceremony. More than 620 gathered for the first-time event sponsored by the Business Press. The five-judge panel that selected the award winners was comprised of leading business school academics...

Pen Air Federal Credit Union, Pensacola, Fla., has hosted its first annual charity golf tournament at the A.C. Read Golf Club to benefit the Navy-Marine Corps Relief Society. Viewed as a huge success, the course was packed with the maximum allowed number of golfers. Prizes included $300 cash for closest...

I just finished reading through the May 23 issue of Credit Union Times highlighting corporate credit unions and was pleased to see Credit Union Times' thorough coverage of all that's happening in the corporate credit union network. I was especially taken with your editorial, "Corporates of today justify another look."...

PALM DESERT, Calif. - If credit unions missed the boat when it came to marketing to Generation Xers - as many industry observers have suggested - they now have a chance to launch an even bigger ship loaded with the opportunity to reach the future of the credit union movement....