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Local 292 IBEW Federal Credit Union, Minneapolis, has changed its name to Electrus Federal Credit Union. The new name is derivative of the words electric and trust to better represent the credit union's members. Telco Community Credit Union, Tacoma, Wash., has changed its name to Sound Credit Union. The new...

WASHINGTON-According to Federal Election Commission (FEC) reports, CUNA put most of its large donations from its Credit Union Legislative Action Council (CULAC) toward Republican candidates last month. House Majority Leader Dick Armey (R-Texas) was the top money getter with contributions totaling $8,000. Additionally, the Majority Leaders Fund received $2,000. Other...

HARRISBURG, Pa. - The Pennsylvania Credit Union League is seeing a shift in the approaches affiliated credit unions are taking to build membership. About a year ago, calls to the league's Compliance and Information Services focused on questions concerning the details of adding SEGs. In fact, last summer the PCUL...

SYDNEY, Australia - The words "Best of Breed" echo through the halls of the Credit Union Service Corporation of Australia, Ltd. (CUSCAL). One of the ways they are trying to improve their service to members is a new check signature card imaging system. Over 1.1 million cards need to be...

OmniAmerican Credit Union, Fort Worth, Texas, has named David Pickney senior vice president of finance/ chief financial officer and Philip Taken general counsel. Oklahoma Federal Credit Union, Oklahoma City, has appointed the following officers to its board: Raymond Kerbo, chairman; Joe Sturges, vice chairman; Mickey Mass, treasurer; Charles Wright, secretary;...

E & A Credit Union, Marysville, Mich., has for the first time been recognized in two categories in The Buyer's Guide's "Best of the Best" Awards. E&A CU has been named not only Best Bank but also Best Financial/Investment Broker. A Buyer's Guide reader poll helped the $150 million credit...

WASHINGTON - The Federal Reserve chose not to wait for its next scheduled Federal Open Market Committee set for next month to cut interest rates. The Fed moved quickly in wake of the terrorist attacks, reducing rates by 50 basis points on Sept. 17, bringing the target for short-term interest...

In the aftermath of destruction many are driven by the need to help. Given the tremendous work ahead for CUs in New York and Washington, CUNA Mutual field representatives suggest that CUs contact their leagues to coordinate contributions. According to the American Red Cross, monetary donations are the best way...