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DuPont Community Credit Union, Waynesboro, Va., has named Gerald B. Hershey president/CEO. ACCESS Federal Credit Union, Sherrill, N.Y., has promoted Michael J. Murrock to vice president of operations and Sally H. Arcuri to vice president of marketing.

ORLANDO, Fla.-CorePROFIT Solutions President and CEO Joseph Prunty warned credit unions during NAFCU's Annual Conference & Exhibition that if they do not segment their members by their needs and profitability, someone else will. According to Prunty, the most important information to come from member segmentation is that the institution "begins...

Island Federal Credit Union, Hauppauge, N.Y., has awarded $1,000 scholarships to 10 students entering their first year of college. The scholarship recipients are all children or grandchildren of IFCU members. Chartway Federal Credit Union, Virginia Beach, Va., has awarded four $1,500 scholarships to Toskhan Cooper-Shelton; Alexander Comiskey; Eugene Reyes; and...

TORONTO, Ontario, Canada - Members of the Taiwanese Canadian Toronto Credit Union will have ATM service their way - in Chinese. TCU is the first financial institution to use the Dynamic Branding multilingual capabilities of the new AutoBranch Technologies, Inc. network, which delivers financial services on ATMs in the institution's...

WASHINGTON-The American Bankers Association (ABA) has submitted the last of its briefs prior to oral arguments in their lawsuit against the NCUA and others scheduled for September 5. NAFCU Senior Vice President and General Counsel Bill Donovan remarked of the brief that it simply "rehashes stale arguments" and remained confident...

-Understand and monitor members' behavior-based profitability; -Develop a comprehensive member database, possibly including the number of children and their ages, recent car purchases, etc.; -Integrate risk and credit facilities; and -Ask what members want now and what will they want in the future.

WASHINGTON - The Mortgage Bankers Association has urged the Senate to approve legislation that will restart the Federal Housing Administration's multifamily mortgage insurance program. According to the MBA, the program would encourage the development of more that 50,000 rental units in 33 states and the District of Columbia. The Senate...

MADISON, Wis. - In terms of salary growth, 2001 proved to be a very good year for credit union executives. This year is slightly off from 2000, but not by much. According to the 2001 CUES Executive Compensation Survey, the base salary of credit union CEOs increased by about 8.05%...