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CORPUS CHRISTI, Texas - Credit unions across the country were shocked to receive notification from American Express" in late July that the company would begin charging annual fees for participation in the American Express Travelers Cheque program. The fact that fees jumped from nothing to $4,000 in some cases was...

The William Mills Agency, a public relations firm serving the financial services industry, has promoted Nichole Bigley to account agent and Allison Smith to account agent. CO-OP Network, a credit union EFT network, has appointed Anheuser-Busch Employees Credit Union President/CEO J. David Osborn board director. TNB Card Services, a card...

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Soon to be chair of the Calif. League, Patsy Van Ouwerkerk's mission is to educate. Page 36

CARLSBAD, Calif. - After doing business for the past 15 years as a broker/dealer CUSO owned primarily by Xerox FCU, XCU Capital Corp. is about to embark on a new phase in its history. If things go as planned and as XCU Capital President/CEO Mark Allen hopes, Xerox FCU will...

WASHINGTON-Senate Appropriations Committee Chairman Robert Byrd (D-W.V.) announced that he would like to see final action on seven appropriations bills by the end of this week. One of the bills to be considered is the Veterans Administration, Housing and Urban Development, and Independent Agencies (VA-HUD) bill, which includes the borrowing...

Five years ago, credit unions generally assumed a reactive posture toward public policy: we were consumed with business as usual, and engaged our regulators and elected officials only when proposed new laws and rules prevented us from serving our members well. The challenge of addressing and overcoming these obstacles was...

ST. PAUL, Minn. - The $635 million Affinity Plus FCU here is temporarily revising some of its business practices to assist any of its members who are part of a strike affecting state workers. About 30-40% of the CU's 98,000 members are state workers, many who are part of the...