WASHINGTON-President George W. Bush's tax package may receive most of the media coverage, but it's not the only tax relief bill that has been placed before Congress. After months of stalling in the House, legislation to expand subchapter S tax provisions for closely held-those with fewer than 75 stockholders-banks and...
EAU CLAIRE, Wis. - If at first you don't succeed, try, try again. That's the attitude of Citizens Community FCU here as it begins its second attempt to convert to a mutual savings bank. The second time around should be much easier for the $100 million credit union since the...
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...
Berrien Teachers Credit Union, St. Joseph, Mich., has named Michael J. Taylor Dowagiac branch manager and James W. Moore internal auditor/ support specialist. Royal Credit Union, Eau Claire, Wis., Executive Vice President Randy Beck has been appointed chairman of the Wisconsin Credit Union League.
COLUMBIA, S.C. - When it comes to wireless banking, one man's cool is another man's goofy. "We've got some really cool stuff coming, including end-to-end, Web-based wireless lending capability," says Marshal Kipp, Virtual Branch program manager at EDS (www.eds.com) in Plano, Texas. "I can envision in the very near future...
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...
The 2001 priority seems to be in making members aware of the credit union difference. A special report on pages 14 & 15 explores the unique ways some credit unions are spreading the word from gadgets to reward programs.
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...
WEST PALM BEACH, Fla. - For the latest in trinkets, gadgets, gizmos or even fashion attire look no further than your local credit union. According to Promotional Product Business Magazine Editor Lisa Horn, the increased popularity comes from promotional products being upgraded to mirror the quality available in the retail...