MADISON, Wis.-The National Credit Union Foundation (NCUF) has approved four new grants for 2001, totaling over $45,000. Northcountry Cooperative Development Fund was awarded an $18,000 grant in support of their efforts to organize a unique community development credit union. The credit union is dedicated to providing financial services to diverse...

WASHINGTON - The U.S. Senate Appropriations Committee, in a first time ever move and in recognition of the critical role credit unions serve in helping to develop economies worldwide, has designated funds specifically for programs the World Council of Credit Unions (WOCCU) conducts in Mexico and South Africa. The committee...

PLANO, Texas - EDS has a new leader of its Credit Union Industry Group. Dana Rowlett was formerly president of EDS' CUIG. Rowlett will be leaving that position to become Enterprise Client Executive for EDS, dealing specifically with EDS' American Airlines Account. EDS recently formed an outsourcing agreement with Sabre,...

OLYMPIA, Wash. - Match up kids, credit unions and technology, and throw in a popular national program, and a future generation can whiz into the world of high finances. Kevin Foster-Keddie, president of Washington State Employees CU (WSECU) in Olympia, challenged his staff to "do something a little different" for...

WASHINGTON - Credit unions are well-aware of the abuses and consequences of predatory lending on borrowers. Now, the North Carolina-based Coalition for Responsible Lending has quantified in a report the sobering ramifications of the lending abuse practice - predatory lending costs borrowers an estimated $9.1 billion annually. CRL Spokesman Martin...

WASHINGTON-NAFCU has been busy compiling some pretty impressive speakers for this year's Congressional Caucus, which will take place September 23 through 26. So far, speakers include Senate Banking Chairman Paul Sarbanes (D-Md.); House Domestic Monetary Policy Subcommittee Chairman Peter King (R-N.Y.); House Financial Services Committee Ranking Member John LaFalce (D-N.Y.);...

MADISON, Wis. - CUNA CU President/CEO Mary Cunningham will be stepping down to become president/CEO of the $425 million USA FCU FCU in San Diego. USA FCU Board Chairman Lew Witherspoon said Cunningham will join the CU on September 17. "We're certainly looking forward to her arrival. We know she's...

OAKLAND, Calif. - The City of Oakland has become the first city in California to pass an anti-predatory lending ordinance to protect consumers from deceptive and abusive loan practices. The Oakland City Council unanimously approved an anti-predatory lending ordinance on July 24. The ordinance is scheduled for a second reading...