AUSTIN, Texas - As credit unions in Houston began to assess the damages suffered as a result of torrential rains from Tropical Storm Allison that pummeled the area and counties in southeastern Texas last week, the state regulator said state-chartered credit unions in the area suffered varying degrees of damage,...

HOUSTON - There is a new team forming in the Electronic Funds Transfer network game. PULSE EFT Association and Brown Deer, Wis.-based TYME Corporation have signed a letter of intent to merge. The combined network will create an EFT system that will serve more than 3,300 financial institutions and includes...

WASHINGTON -CUNA lobbyists said they believe the Senate could complete its work on the education reform bill this week, which they hope will retain financial education language adopted last week. "We are hopeful that the youth financial education initiatives that we've been supporting will be part of the Senate bill,...

Mountain America Credit Union, Salt Lake City, Utah, has named Trish Weber Sugarhouse branch manager. Schools Financial Credit Union, Sacramento, Calif., has named, Tim Marriott vice president of consumer lending and Lisa Marchegger vice president of planning and corporate development. Farmers Insurance Group Federal Credit Union, Tigard, Ore. has appointed...

SAN ANTONIO - The $1.4 billion Randolph-Brooks FCU here received some national media attention recently on ABC's late-night news program Nightline, anchored by Ted Koppel. Nightline focused on U.S.-Mexico relations and in particular the role of Juan Hernandez, Mexico's Secretary of Migrant Affairs and Advisor to Mexico President Vicente Fox....

Seaboard Credit Union, Jacksonville, Fla., has named Delores Dubovsky senior vice president of special services and Virginia Bright business development manager. In addition SCU has promoted Hidi McChesney to marketing manager and Kara Nichols to training director. Georgia Credit Union Affiliates, Duluth, President/CEO Mike Mercer has been elected vice chairman...

WASHINGTON -While CUNA and other credit union lobby groups pushed hard to get the tax bill, which included credit union-backed pension reform provisions, through Congress, CUNA, together with WOCCU, has been trying to obtain greater appropriations for international credit union development. However, cutting $1.35 trillion in taxes will have a...

ALEXANDRIA, Va. - While nothing really stands out on June's NCUA Board meeting agenda (see story page 3), which includes a community charter conversion, a corporate field of membership expansion, and amendments to various rules including Truth in Savings, credit union trade group officials are already speculating on next month's...