TUKWILA, Wash. - Amidst some controversy, Washington CUs voted in favor of Northwest Corporate CU being the merger partner of Washington Corporate FCU. There were two controversial issues with this deal. The first was that WesCorp publicly stated its case for being the merger partner. WesCorp President/CEO Dick Johnson sent...

ARLINGTON, Va.-NCUA Secretary to the Board Becky Baker, a 1956 Olympic runner, will be carrying the 2002 Olympic torch from the Arlington Court House through part of northern Virginia December 21. Baker came to the agency in 1985 with former NCUA Chairman Roger Jepsen. She had served as Jepsen's executive...

ANAHEIM, Calif. - Aggregation giant Yodlee recently added the two millionth user to its network of account aggregation services. Yodlee said that users continue to utilize its services with a 15-20% monthly adoption rate and heavy client support from leading financial institutions and portals. Yodlee has now signed over 100...

DULUTH, Ga. - There was almost a third corporate CU merger this year, but it fell apart late in the game. The $1.5 billion Georgia Central CU and the $6 billion Southwest Corporate FCU signed a letter of intent to merge earlier this year. It would have been one of...

Aberdeen Proving Ground Federal Credit Union, Md., has named Dean L. Jager security and fraud investigation officer and Robert L. Johnson mortgage department vice president. Franklin Mint Federal Credit Union, Media, Pa., has promoted Deborah Burdick to account executive of State Financial Network. American Eagle Federal Credit Union, East Hartford,...

ST. CLOUD, Minn. -Bankers Systems, a compliance and legal counsel firm that is turning more of its attention to the credit union industry, has introduced an online lending document solution for CUs. ARTA Lending Documentation System for CUs is a 32-bit Windows-based lending documentation system. Bankers Systems said it is...

INDIANAPOLIS - Irwin Mortgage Corp. selected CMG Mortgage Insurance Co. to provide private mortgage insurance to credit union members served under Irwin Mortgage's Credit Union Lending program. The lending program puts a trained Irwin mortgage professional, equipped with mortgage technology and a full range of competitive products, into the office...

Mike Welch asks the question "what am I missing" in advocating the split of NCUA/NCUSIF (CU Times, Nov. 7). I would respond that he may have misplaced some very important lessons of the past along with a reasoned frame of reference on this issue. First, with perhaps the most knowledgeable...