HONOLULU - Word of Life Federal Credit Union has recently received its charter, making it the only faith-based credit union in the state of Hawaii. Word of Life FCU received its charter during a ceremonial presentation at Word of Life Christian Center's worship service. Following the worship service a ribbon-cutting...

SOUTHFIELD, Mich. - CenCorp said that credit unions with balances over $10 million in its Hi-Yield (overnight) account will receive a premium rate starting April 1. The rate is targeted to be 10 basis points higher than the rate on its standard tier. "CenCorp has avoided creating a `settlement' account...

USA Federal Credit Union, Troy, Mich., has named Greg Lanigan vice president of information systems. Heritage Credit Union, Rockford, Ill., has named Tom Madden Waukegan branch manager. Royal Credit Union, Eau Claire, Wis., has named Monte Lokken loan officer.

Riverside County's Credit Union, Calif., has named Gerry Agnes senior vice president. Redwood Credit Union, Santa Rosa, Calif., has named Christine Bowers and Clark Matthiessen financial advisors of its subsidiary RCU Services Group.

Security Service Federal Credit Union, San Antonio, Texas, has promoted Howard N. Baker II to senior vice president/chief of staff.

The IRS is seeking help from credit unions, and credit unions are obliging as they are reaping ancillary benefits. See story page 4.

CUNA's News Now conducted an informal online poll during the week of Feb. 4 of which 98 CU respondents answered questions regarding whether there's been an increase in retirement planning inquiries from members since Enron Corp.'s troubles began. Here are some of the responses collected: Source for all charts: CUNA

From the effects of the Enron debacle on CUs to the impact of new IRA rules, there's a lot happening in the world of investments. Read about it on pages 16-19.