MADISON, Wis. - Facilities of two credit unions located at the World Trade Center were completely destroyed by the terrorist attacks involving two hijacked jetliners, but at press time it appears that all credit union employees survived. According to CUNA Mutual, which provides bond and other insurance coverage to the...
PASADENA, Calif. - Los Angeles Firemen's Credit Union has established a NYC Fallen Firefighters Fund to assist the families of the firefighters affected by the terrorist attacks on the World Trade Center. The credit union said the fund will help the New York City "fire family" cope with short-term and...
WEST PALM BEACH, Fla. - Visitors to Credit Union Times' Web site (www.cutimes.com) will find a new voting poll focusing on credit union-to-mutual savings bank mergers. The total number of such mergers is only 15, however activity has picked up in the last few years, with seven currently pending. The...
INDIANAPOLIS -The Indiana CU League has set aside a section of its Web site for credit unions to report efforts to help those affected by Tuesday's terrorist bombings of the World Trade Center and the Pentagon. In addition, Indiana Carpenters FCU in Hobart is setting up an emergency blood drive...
NEWPORT BEACH, Calif. - Even though at presstime airports were still closed for flights and there was no word when planes would fly again, NACUSO announced on Sept. 12 that its Fall Leadership Conference planned for Sept. 19-21 in Kapolei, Hawaii was still on. "Many members of our board including...
D.C. Credit Union League, Alexandria, Va., has named Edwin B. Wills, vice-president for District of Columbia Credit Union League operations. SSA Baltimore Federal Credit Union, Woodlawn, Md., has appointed the following officers to its board: Bernice Chase, president; Marti Peyton, first vice president; Donna Jackson, second vice president; Stanley Kluckwski,...
WILTON, Conn. - Mutual Security FCU, the sixth largest federal credit union in Connecticut, was approved by the office of the State Banking Commissioner to convert to a state charter. The name of the credit union will be Mutual Security Credit Union. MSCU has $100.8 million in assets and serves...
Want to get the word out about your organization's 2002 meetings and events? Credit Union Times can help. Credit Union Times' annual Association Meeting & Events Calendar issue has become the industry's guide to credit union meetings and events. Many readers file this issue in a handy place, referring to...
CHICAGO-According to a recent study performed by Grant Thornton LLC, banks and thrifts electing to switch to Subchapter S status are increasing for the first time since the 1997 tax year. However, the national study of more than 8,000 banks shows that banks still have several roadblocks to overcome. As...
PALO ALTO, Calif. - The announced merger of Hewlett-Packard and Compaq Computer could have a big impact on the PC market, but there may also be an impact to the credit union industry. HP's credit union, the $1.3 billion HP Employees FCU, Palo Alto, Calif., will be monitoring the deal...