WASHINGTON-ESL FCU President and CEO David Vigren, of Rochester, N.Y., was appointed to a two-year term on the Federal Reserve Board's Thrift Institutions Advisory Council (TIAC) starting January 1. Also joining the Council are Capitol Federal Savings Bank President John B. Dicus, Queen City Federal Savings Bank President and CEO...

CHICAGO - Daniel Mahoney, retired Detective CPD and retired treasurer/manager of the Chicago Patrolmen's FCU died Dec. 12. He was 73. Mahoney took over the reins of CPFCU in 1974 when it was a $5 million credit union. In 1996, he passed the baton to his son, Mark who is...

NEW YORK - In a letter to the editor published in the Dec. 14 American Banker, California and Nevada CU Leagues President/CEO Dave Chatfield said Western Union may be right that banks aren't entering the international money transfer business any time soon, but credit unions are. Chatfield was reacting to...

MADISON, Wis - Two mutual funds managed by MEMBERS Capital Advisors, an affiliate of the CUNA Mutual Group, were cited as "Lipper Leaders for Wealth Preservation." Funds qualifying for Lipper's "wealth preservation" category are the 20% that have best avoided negative monthly returns over the last three years. The two...

WASHINGTON-In an effort to promote consistency and reduce regulatory burden, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Deposit Insurance Corporation have proposed a uniform charter and federal deposit insurance application form. The new "Interagency Charter and Federal Deposit Insurance Application" form...

MIRAMAR, Fla. - It's official: The former Eastern Financial FCU is now called Eastern Financial Florida Credit Union. EFFCU, with assets of more than $1.2 billion, was the third federal credit union in the Sunshine State to convert to a state charter in 2001. The other two were Tropical FCU,...

RALEIGH, N.C. - GE Mortgage Insurance and the Latino Community Credit Union have teamed up to fight against predatory lenders by focusing on educating the Hispanic population here. "Predatory lenders often exploit the language and cultural barriers that exist in the Latino community for their own economic gain," said LCCU...

By PAUL GENTILE CU Times Editor WASHINGTON - In comment letters to NCUA on its proposed revision of the corporate reg, Part 704, both the Association of Corporate Credit Unions and NAFCU objected to the proposed 2% minimum RUDE ratio. ACCU cited three reasons for its objection: it is inconsistent...