Here are some highlights from Credit Union Times this week five years ago: * A NAFCU survey on the possibility of accepting state-chartered FCUs as members showed that more than half of state charters were interested in affiliating with NAFCU. * Also that week, Mid-States Corporate FCU announced that it had established a presence on the World Wide Web, which was groundbreaking for a corporate in those days. * CUNA Mutual Group was on the verge of assuming full ownership of the $4 billion CUNA Mortgage Corp. servicing portfolio. * U.S. Central and CUNA released a three-page statement about U.S. Central's CAMEL 4 rating. The statement said U.S. Central was safe and sound; had no problems meeting liquidity needs; had $225 million in reserves; and was anticipating hiring a new CEO in July. * NCUA had just started shipping free computers to small, non-automated CUs. In all 447 computers were given to small CUs.
Credit Union Times Vol. 6, No. 27 July 5, 1995
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