Credit Union ONE, Ferndale, Mich., President and CEO, Armando Cavazos, has been named an honorary member of Beta Gamma Sigma honor society at the University of Detroit Mercy. Beta Gamma Sigma is an international honor society that recognizes outstanding academic achievements and professional excellence in business. The designation is considered...

WASHINGTON - By its own admission, NASCUS' recent meeting with representatives from Deloitte & Touche to discuss the approach the firm will take in its independent study of NCUA's overhead transfer rate funding formula, went better than NASCUS expected. NASCUS President/CEO Doug Duerr admitted he was "concerned" going into the...

COLUMBUS, Ohio - Profound Communications, Inc., a full-service strategic marketing firm, has been recognized by the Ohio Credit Union League for its Financial Facts newsletter with the Marketing Brilliance Award. The publication educates credit union members about financial topics such as investing, money management, and lending. The award was presented...

Alaska USA Federal Credit Union has donated $11,905 to the Children's Miracle Network. This donation will benefit Providence Children's Hospital in Anchorage and the Children's Hospital and Regional Medical Center in Seattle. The funds were raised through sales of over 4,500 CMN holiday music CDs with a 100% matching corporate...

Chartway Federal Credit Union, Virginia Beach, Va., has named William Phillips sales manager for its General Booth, Holland Windsor Crossing and Lynnhaven branches. Virginia Credit Union, Richmond, has appointed the following officers to its board: Neila L. Gunter, chairman; Robert L. Suthard, vice chairman; and Raymond D. Vaughan, secretary/treasurer. In...

ALEXANDRIA, Va.- Federal credit union boards received some good news in this rapidly changing rate environment. In a recent legal opinion letter, NCUA Associate General Counsel Sheila Albin amended an earlier opinion letter from NCUA to allow federal credit union boards of directors to delegate their authority to set the...

Kansas Credit Union Association, Wichita, has appointed the following members to its board: Hutchinson CU president Garth Strand, chairman; Fort Leavenworth CU President Bill Hauber, vice chairman; Aviation Associates CU President Lee Williams, secretary/treasurer; David Collins, director; Vickie Hurt, director; and Karen Brehm, director. In addition, KCUA has appointed the...

JEFFERSON CITY, Mo. - The Missouri Credit Union Commission's unanimous decision May 24 upholding an earlier field-of-membership expansion decision by the director of the state's Division of Credit Unions for Springfield Telephone Employees CU came as no surprise to the credit union nor the Missouri Credit Union System. After all,...