Credit Union Times Magazine March-09, 2005

News

  • What Consumers Really Think of HSAs

    WASHINGTON - From seminars to online tools such as health plan comparison charts and health care spending account calculators, when it comes to health savings accounts consumer education is the key to acceptance. A Watson Wyatt WorkUSA Pulse Survey finds that only 29% of adults with health insurance have even...

  • Overdraft Overblown

    Fiind out what one of the leading overdraft protection vendors thinks about the new guidance on overdraft. Page 16.

  • Smigielski's Way

    Tom Smigielski's measured approach has led to success at Pacific Service CU. Page 33.

  • Empower Your Members.Increase Online Services

    Let's face it; the way we all do business has changed. We are living in an exciting age where technology is a huge part of our everyday life. With 137 million Americans now owning computers, and 60 million of them using broadband Internet access, expectations regarding technology are rising, and...

  • CUNA Mutual Offering HSA Support

    MADISON, Wis. - With the public's increased interest in Health Savings Accounts (HSAs), CUNA Mutual Group has launched an administrative support program to help credit unions offer HSAs to their members. Set to kickoff on April 1, CUNA Mutual's HSA administrative support program will offer credit unions access to services...

News Briefs

  • Allpoint Signs CUs in Tennessee, Texas

    BETHESDA, Md. - Two more credit unions, one in Tennessee and one in Texas, have joined the Allpoint Network, the network has announced. Allpoint is the nationwide ATM network which provides ATM access surcharge-free to cardholders of participating institutions. In exchange the credit union pays a flat fee to Allpoint...

  • CUNA GAC Attendees Take a Lesson in PR Skills

    WASHINGTON-Pennsylvania Senior Vice President of Communications and Marketing Michael Wishnow gave GAC attendees in the "Scooping the Bankers" breakout session an earful about how to handle media relations. He emphasized the differences and similarities between public relations and advertising. "When you're talking about public relations, it's still messaging but it's...

  • CUNA Writes Letter In Favor Of CDFI

    WASHINGTON - The effort to defend the CDFI Fund from elimination appears to have gained an important ally in the form of CUNA, as the association has formally begun to lobby the Congress against the Administration's proposal for the Fund which has helped fund community development credit unions. The help...

  • Identity Thieves Linked to ATM Theft in Canada

    SQUAMISH, Canada - The Royal Canadian Mounted Police are blaming a ring of identity thieves for a series of thefts at a credit union and other financial institutions in which the thieves stole machines used to generate ATM cards, according to a story in the Pemberton Question, a local paper...

  • Virginia, D.C. Leagues Exploring Possible Merger

    LYNCHBURG, Va. - The Virginia Credit Union League and District of Columbia Credit Union League, which have had a management agreement for more than six years, are the newest credit union leagues to talk of merging. VCUL Board Chairman Bill Cook has appointed a committee to examine governance issues as...

  • Corporate Central CU Transacts $10 Million SimpliCD Issuance

    HALES CORNER, Wis. -Corporate Central CU has issued the largest CD transaction ever through SimpliCD. Almost all corporates offer SimpliCD through the corporate network-owned Primary Financial, but none have had a larger issuance than Corporate Central with the recently issued $10 million CD to United One CU in Manitowoc, Wis....

In Other News

  • DONATIONS

    Insight Financial Credit Union, Orlando, Fla., has donated several large boxes of valentines to the James A. Haley VA Medical Center, which serves veterans in Central Florida. The valentines included much needed items such as shampoo, soap, toothpaste, combs, and tube socks. These goods were sent in addition to sugar-free...

Tech Bytes

  • Michigan Credit Union League Upgrades Indirect Lending Software

    NORTHVILLE TOWNSHIP, Mich. - Michigan credit unions will soon be able to use an upgraded version of the Web-based indirect lending system from their league. The new version of the Credit Union Dealer Indirect Lending & Leasing system from the Michigan Credit Union League will include upgrades intended to reduce...

  • PSCU Financial Services Joins Credit Union IS Group

    AUSTIN, Texas - The Credit Union Information Security Professionals Association has landed its first CUSO member, and it's a big one. PSCU Financial Services, at more than 500 members the nation's largest credit union service organization, has joined the CUISPA as a charter affiliate member. PSCU's information security officer, Robert...

  • Security Service FCU Signs on to AFG's Driving SenseT

    HOUSTON - Security Service FCU, the largest indirect lending credit union in the U.S. - it averages more than $100 million auto loans a month in Texas and Colorado - has signed an agreement with Auto Financial Group (AFG), an online provider of residual-based financing products for CUs. Under the...

  • CO-OP Adds Voice Response ATM Locator

    SAN BRUNO, Calif. - Credit unions in the CO-OP Network can now offer their members a voice-automated ATM locator. CO-OP has deployed Apptera's locator application, which was initially launched early last year by Apptera - its first financial client was Bank of America. The system allows members to call in...

  • OmniAmerican, Royal CU Move to OSI Platform

    FORT WORTH, Texas - The $1.5 billion OmniAmerican CU, which won't be a credit union much longer if its membership approves the attempted conversion to a mutual savings bank, has successfully converted to the OSI platform. OmniAmerican not only converted to OSI's core system, but also installed a number of...

  • Corillian Says Clients Signing on to Anti-Fraud, Phishing Solution

    PORTLAND, Ore. - Corillian Corp. says more than 20 credit unions and banks have signed up so far to use its new Corillian Fraud Detection System. The online banking vendor says its system centers on a patent-pending Web log analysis solution and methodology that identifies potential phishing behaviors before an...

  • Strohl Systems Announces Joint Marketing Agreement with GalaxyPlus

    KING OF PRUSSIA, Pa. - Credit union data processor GalaxyPlus, a Fiserv subsidiary, said it will now start marketing Strohl Systems' PLANet online business continuity product. It allows credit unions to evaluate their business continuity plan and maintain that plan online in a secure environment that can be accessed from...

  • IRS Says E-filing Running at Record Pace

    WASHINGTON - At the mid-point of tax filing season, the Internal Revenue Service said that taxpayers have used e-file at a record rate. Out of 47 million tax returns filed through Feb. 25, 74% of them were e-filed - up from 69% the previous year. While this percentage traditionally declines...

  • Forum CU Opts for SilverCloud

    INDIANAPOLIS - FORUM Credit Union will be using the SilverCloud knowledge management system to provide member information on its Web site at www.forumcu.com, the $836 million credit union says. The information database from New Hampshire-based SilverCloud Software Inc. was originally developed with input from about 20 charter credit unions and...

Letters to the editor

Looking Back

  • CREDIT UNION TIMES Vol. 11, No. 10 March 8, 2000

    Looking back five years ago finds the unveiling of Reg-Flex at the CUNA Governmental Affairs Conference. Reiterating the message that less regulation is in credit unions' best interest to compete effectively, NCUA Board Member Dennis Dollar explained that NCUA must get away from a "one size fits all" regulatory approach....

Publisher's Column

  • Even for Veterans, GAC Creates New Impressions

    Although the location, hotel, and program format is the same every year, even regular participants at the annual CUNA Governmental Affairs Conference in Washington, D.C. come away with different impressions each year they attend. I know I do! This year's record 4,000 plus turn out (over 300 first-timers), was exposed...

GAC

Opinion

People

  • EAST

    HarborOne Credit Union, Brockton, Mass., has named James T. Carden collections officer. In addition, HarborOne CU has promoted Brian Beausoleil to senior mortgage officer. Crescent Credit Union, Brockton, Mass., has named Charles E. Sullivan Norwell branch manager. Fort Belvoir Federal Credit Union, Va., has named Kelli Jo Anthon financial counselor....

  • WEST

    John Deere Community Credit Union, Waterloo, Iowa, has named Shelly McGill Blairs Ferry branch supervisor. Global Credit Union, Spokane, Wash., has promoted John A. MacPhee to senior credit manager of member business services. Redwood Credit Union, Santa Rosa, Calif., has named Jacob Roberts San Francisco branch manager and Kim Crane...

  • MIDWEST

    Community Trust Credit Union, Gurnee, Ill., has named Brad Jenks investment expert. Kent County Credit Union, Grand Rapids, Mich., has named Tammy Tompkins vice president and Christie Cierlak marketing director. In addition, Kent County CU has promoted Patrice McDowell to loan manager.

  • SOUTHWEST

    University Federal Credit Union, Austin, Texas, has named James A. Nastars senior vice president of lending and collections. Smart Financial Credit Union, Houston, has named Mike Piwetz CIO/vice president of IT.

  • SOUTH

    GEMC Federal Credit Union, Atlanta, has promoted Denise Swan to president. UT Federal Credit Union, Knoxville, Tenn., has named Candy McGinnis West Knoxville branch manager and Rebecca Whitehorn UT Medical Center branch manager.

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