MEDIA, Pa. - The hand vote is in, and based on interviews Credit Union Times has done with CUSO and trade association sources, the consensus is that the NCUA Board's unanimous decision at its July 26 meeting to expand federal credit unions' incidental powers and allow CUSOs broader powers go...

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CUNA Mutual Group, Madison, Wis., has promoted Paul Meier to vice president in information technology, network/voice and Peggy Haack to vice president in information technology, server hardware/software.

Orange County's Credit Union, Santa Ana, Calif. has named Adam Denbo assistant vice president of technology. Meriwest Credit Union, San Jose, Calif., has named David Grandey director of corporate communications.

While six out of 10 respondents own or use a cell phone or PDA, according to the American Banker Gallup 2001 Consumer Survey, only 22% are interested in conducting financial wireless transactions. Although not wildly popular yet, here is a look at what future wireless services respondents would be most...

WASHINGTON-The Senate Approp- riations Committee approved the VA-HUD and Independent Agencies appropriations bill setting the borrowing cap for the Central Liquidity Facility (CLF) and granting funds to the Community Development Financial Institutions (CDFI) Fund and the Community Development Revolving Loan Fund (CDRLF) Program. The CLF borrowing authority, which has no...

MidWest Financial Credit Union, Ann Arbor, Mich., in conjunction with the Ann Arbor Area Community Foundation has awarded $1,000 educational scholarships to Lawrence Mailloux of Fenton High School and Robert Burns of Hampton University. Scholarship recipients were selected based on academic excellence, community/extracurricular involvement, and an essay response to this...

I appreciate Mike Welch's comments about NAFCU in the July 11 issue of Credit Union Times. I appreciate his clear identification of the mechanism by which all of NAFCU's strengths flow: direct membership. As to his comments on size, this is always a relative matter. As it applies to NAFCU,...