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ARLINGTON, Va.-Call it fate or destiny, but NAFCU Chief Economist Tun Wai was meant to live to serve credit unions. Wai checked out of the Marriott at the World Trade Center September 10. His flight out of LaGuardia Airport was cancelled due to weather but instead of returning to his...

MONTPELIER, Vt. - Several local banks and one credit union here have been charged with not doing enough to accommodate the visually impaired with their usage of automated teller machines, according to a complaint filed with the state's Human Rights Commission. The complaint charges Chittenden Bank, Howard Bank, Northfield Savings...

NEW YORK - XCEL Federal Credit Union is the latest credit union to join the New York State Shared Service Centers network. Less than two weeks after the terrorist attack on the World Trade Center, XCEL members had access to 31 Shared Service Centers in New York, New Jersey and...

WASHINGTON-Former New York Congressman Gerald Solomon (R), an original sponsor of the Credit Union Membership Access Act (CUMAA), died last week. He was the former chairman of the House Rules Committee. Solomon "will be sorely missed," NAFCU Senior Vice President and General Counsel Bill Donovan said. Donovan recalled that the...

LATHAM, N.Y.- At press time, credit unions have so far raised more than $1 million for relief efforts related to the Sept. 11 terrorist attacks. With $660,801 contributed to the New York Disaster Relief Fund and the National CU Foundation's CUs Rebuild America Fund balance at $353,078, help is still...

LIGUNA NIGUEL, Calif. - Shortly after the World Trade Center in New York City was reduced to rubble, relatives and families of the victims began receiving telephone calls seeking information about those who died so that financial records destroyed in the terrorist attack could be reconstructed. The calls, as it...

BRONX, N.Y. - Some critics may call them strange bedfellows, but a check-cashing alliance between Bethex Federal Credit Union and RiteCheck Stores is the first of its kind in connecting those who don't have traditional financial services to checking and savings accounts. Bethex and RiteCheck, a Bronx-based check cashing store...

NEW YORK - Lucy Ito, vice president, World Council of Credit Unions was one of a group of three distinguished panelists who addressed the United Nations on October 17 at its International Day for the Eradication of Poverty. The panel was chaired by His Excellency Jose Roberto Andino Salazar, representative...