Credit Union Times Magazine October-12, 2005

  • CUNA, NAFCU Support RegFlex, but Differ on Six-Month Eligibility Period

    ALEXANDRIA, Va.-Though CUNA and NAFCU generally supported NCUA's proposed changes to the Regulatory Flexibility Program, both were left wanting more. CUNA and NAFCU each stated in their separate comment letters their strong support for the RegFlex approach to regulation and backed the reduction of the net worth ratio requirement from...

  • CUNA Mutual Group Sells Mortgage Operation to PHH; Post says Company Can't be all Things to all Credit Unions

    MADISON, Wis. - CUNA Mutual Group has signed a letter of intent to sell its CUNA Mutual Mortgage Corp. to PHH Mortgage, a subsidiary of the $9 billion PHH Corporation. Should all of the deal's conditions be met, CUNA Mutual anticipates closing the deal by the end of the year....

  • CUNA, TCUL and Bankers Trade Snipes over Zions Application to Enter Texas Market

    WASHINGTON-CUNA and the Texas Credit Union League are catching flak from the banking groups over objections they raised with the Federal Reserve over Utah's Zions Bancorporation's application to acquire $7.6 billion in assets Amegy Bancorporation, Inc. in Texas for $1.7 billion. The joint letter criticizes the transaction as offering nothing...

  • Delta Employees CU Changes Name to Delta Community Credit Union to Reflect Expanding Membership

    ATLANTA - After 65 years of ties to Delta Air Lines, Delta Employees Credit Union has a new moniker that it says better reflects its current field of membership. The $2.6 billion credit union has changed its name to Delta Community Credit Union (DCCU), effective Oct. 1. The news comes...

  • Credit Unions Reawaken From Rita on Generator Power

    FORT WORTH, Texas - When Debra Cash and Pat White reopened their credit Union Pacific Railroad Credit Union in the rail yard of Union Pacific Railroad Oct. 3, the only loss was the typewriter. But like Texans running many of the 48 credit unions with 66 branches in the path...

  • Credit Unions Have Opportunity to Help Low Income Members Improve Financial Lives Through Credit Reporting

    WASHINGTON - Credit unions seeking to aid lower income members would be wise to investigate opening a relationship with Pay Rent Build Credit, a key tracker of consumer payment data which includes such items as rent and utility payments and other sources of credit history which are not traditionally tracked...

  • Savings Growth Dips to Historic Low

    WASHINGTON-CUNA's Monthly Credit Union Estimates for August shows savings growth plummeting to historic lows while loan growth is charging up to pre-recession levels. Credit union saving balances fell 0.9% in August, bringing year-to-date growth to 1.6%. "We have been tracking monthly data since the late 1970s and this is the...

  • Boeing Ends Machinist Strike, BECU Watches for Another from Engineers

    TUKWILA, Wash. - After a 29-day strike of Boeing Co., members of the International Association of Machinists and Aerospace Workers voted overwhelmingly on Sept. 30 to approve a contract offer from the company. Eighty percent of the union's members voted to approve the contract and end the strike, which began...

  • Three More Large CUs Join CUNA's Adoption Program

    MADISON, Wis. - Three more large credit unions have now been matched up with Gulf Coast CUs damaged by hurricanes bringing to 10 the number of CUs finding partners under CUNA's "Adopt-A-Credit Union" program. At the same time, CUNA said it is looking into organizing an "Adopt-An-Employee" program following up...

  • Misunderstanding Offers Measure Of Tensions

    BATON ROUGE, La. - The level of tension being felt by credit unions in New Orleans which face falling capital levels, rising deposits and increasing recovery work can be measured in a misunderstanding that took place on October 4 and 5 between the NCUA and the $208 million ASI FCU....

  • Alaska USA Trust Services Expands, Educates Members on QTIPs, Duel Trusts

    ANCHORAGE, Alaska - The estate planning complexities that may come as a result of blended families and multiple marriages is one reason why Alaska USA Trust Services, a CUSO of Alaska USA FCU, is advising its members to consider a qualified terminable interest property trust or QTIP. A QTIP allows...

  • AEA's Fannie Mae Mortgage Program Helping Low Income Families Achieve American Dream

    YUMA, Ariz. - A Fannie Mae mortgage program begun a year and half ago by AEA Federal Credit Union here to aid low income border families gain home ownership continues to show big increases in volume and is winning the plaudits of both state and federal lawmakers. "Having safe, quality...

  • Economy's Outlook Sends CU CEO Confidence on a Nose Dive

    DALLAS - Credit union CEO confidence in the economy took a nose dive and dropped to the lowest levels in more than a year and a half of measurements despite a brief rise during the early summer. A growing number of CEOs have a negative outlook on their CU's financial...

  • Temporary, Targeted PCA Relief Legislation Introduced

    WASHINGTON-Hurricane Katrina-impacted credit unions and other financial institutions would have 18 months to shape up their capital before Prompt Corrective Action kicks in under legislation introduced by Congressman Richard Baker (R-La.). The Hurricane Katrina Financial Institutions Disaster Relief Act (H.R. 3945) would allow NCUA and the other federal banking regulators...

  • Status of Texas CUs Affected by Rita

    In the days leading up to Hurricane Rita, the Texas Credit Union League assembled emergency numbers for 250 credit union executives, set up a call center to answer the questions of 150,000 credit-union members and provided workspace for two of the hardest hit in TCUL's offices in Farmers Branch, Texas....

  • Texas CUSO Aims for Statewide Business Niche

    FORT WORTH, Texas - Five credit unions covering the state's major population centers have combined to create one of the state's largest credit union service organizations in a bid to boost member services and expand their niche in small and mid-sized commercial markets primarily served by community banks. Based on...

  • Two New Orleans CUs Struggle to Put Life Back Together Post Katrina

    BATON ROUGE, La. - As credit unions along the Gulf Coast from Mobile to New Orleans continue to work on the second and third stages of recovery from the storm, the recovery effort itself has become a part of their headaches. Two of the hard hit ones, the $209 million...

  • Trades Support Earlier Release of Secondary Capital

    ALEXANDRIA, Va.-In official comment letters last week, CUNA and NAFCU backed NCUA's proposal to allow low income credit unions to release funds in secondary capital accounts as they are discounted. At five years prior to maturity, the net worth value of secondary capital for LICUs is reduced 20% each year,...

  • Rita Doesn't Stop Dupont Beaumont FCU, Goodrich Community FCU Merger or Operations

    FARMERS BRANCH, Texas - When DuPont Beaumont FCU and Goodrich Community FCU decided to merge, the last thing either expected to have to deal with among their merger preparations was a Category 3 hurricane. Hurricane Rita not only didn't put the brakes on the merger, but thanks to recovery efforts...

  • Gulf Coast Community FCU Benefiting From CUNA's Adopt-a-Credit Union Program in Wake of Rita

    GULFPORT, Miss. - Gulf Coast Community Federal Credit Union, one of the hurricane-hit "adoptees" in CUNA's "Adopt-A-Credit Union" program and the recipient of industry aid, is expressing gratitude to what the CEO calls "absolutely astounding" generosity. "We really had no idea any of all this assistance was coming until I...

  • Hyland NCUA Nomination Delivered to the Senate

    WEST PALM BEACH, Fla. - Credit unions involved in indirect lending know all too well that gaining members through the service doesn't mean gaining quality members. The controversy surrounding these members is familiar in credit union circles - that most members who join a CU at a dealer site through...

  • MSL Money Matters Debuts as Another Delivery Method for CUs; Custom Publishing has its Advantages

    LOS ANGELES -MSL Money Matters, a quarterly syndicated magazine just for the CU member, is making its debut January 2006. Developed by Torrance, California-based credit union media management company Market and Sales Logic (MSL), the "top-tier" magazine is designed to be a fresh way for credit unions to strengthen their...

  • New York Credit Union League Moving Forward With Advocacy Campaign

    LATHAM, N.Y.-New York legislators received a dose of the "CU difference" this past spring when the New York State Credit Union League (NYSCUL) launched its credit union advocacy campaign. Building on that initial success, the league is preparing to launch two additional phases-both of which are designed to increase awareness...

  • NCUA Gets Involved in Operation Hope

    WASHINGTON-Gigi Hyland, general counsel for Empire Corporate Federal Credit Union, has been nominated by President George W. Bush to the NCUA Board. "I am deeply honored that the President intends to nominate me to serve on the National Credit Union Administration Board. I look forward to the Senate confirmation process,"...

  • NWCU HR Department Sets Bar High for Employee Compensation

    SPRINGFIELD, Ore. - With the fierce competition here for top talent, Northwest Community Credit Union (NWCU) has been fine-tuning its employee benefits to stand out and it seems to be working. In March, 2005 the $475 million credit union was not only ranked 15th among the Best 100 small companies...

  • CU Central of Ontario Tapped as Clearing and Banking Services Partner for Two of Province's Largest CUs

    TORONTO - Alterna Savings and Meridian - two of the largest credit unions in the province of Ontario, Canada - have selected Credit Union Central of Ontario as their clearing and banking services partner. Central will provide the CUs with numerous banking services including check and item processing, cash management,...

  • The Nevada CU League Weighs In On Conversions

    RANCHO CUCAMONGA, Calif. - The Nevada Credit Union League Board of Directors has approved a position statement on charter conversions that maintains that credit unions are the best charter for providing consumer friendly financial products and services. "For obvious reasons, banker organizations are pressing their agenda to have more credit...

  • Key Findings of the CU Direct/Wescom Study

    * fewer than 20% of CUDL members could be defined as "proximate" - living or working within a three-mile proximity of the CU's individual branches. This small segment represents those most likely to switch their principal financial institution from their current provider to the CU. * the most intensive marketing...

  • Ford Brings Back 0% Financing, Cash Incentives

    DETROIT - Credit unions that thought they'd seen the last of the Big 3's 0% financing offers need to think again. Now that Ford has discontinued its highly successful employee-discount program, the car manufacturer is offering a new cash incentive or 0% financing incentive option to car buyers through Jan....

  • Repairs Begin on Louisiana Corporate's Headquarters

    LENEXA, Kan. - Louisiana Corporate said last week that it plans to continue operating out of its backup site at U.S. Central until at least November. Louisiana Corporate CEO Dave Savoie said repairs to the corporate's headquarters in Metairie, Louisiana have begun and he estimates a return by mid-November. He...

  • NAFCU Making Financial Reports Available for SCCUs

    ARLINGTON, Va. - NAFCU, in partnership with Highline Data, is making two personalized financial report services available to state-chartered credit unions on a quarterly basis. The Key Financial Ratio Analysis allows CUs to view their CAMEL ratios and compare that information with other CUs; the Operating Expense Analysis enables CUs...

  • Langley FCU Quantifies Savings From Payroll Alternative

    NEWPORT NEWS, Va. - Members of the $1 billion Langley FCU have saved over $230,000 over the past year by participating in the credit union's QuickCash Program over what they would have spent with payday lenders in their areas, the credit union has said. Typically, payday lenders charge a fee...

  • Schwarzenegger Signs Two CCUL-Supported Bills

    RANCHO CUCAMONGA, Calif. - Gov. Arnold Schwarzenegger signed into law on Sept. 23 two bills supported by the California Credit Union League that defer some debt repayments and interest for military reservists and National Guard members serving in Iraq or Afghanistan or killed while on active duty. SB-513, sponsored by...

  • Hoel to Keynote NYSCUL's First CEO/Manager Roundtable on Small to Mid-Size CUs Challenges

    LATHAM, N.Y. - Filene Research Institute's Bob Hoel, executive director, will be the keynote speaker at the New York State Credit Union League's first CEO/Manager Roundtable for affiliated CUs with less than $50 million in assets. The full-day event will be held Oct. 27 at the Courtyard by Marriott in...

  • ABA Comes Out For National Policy On Security Breaches

    WASHINGTON - The American Bankers Association has urged Congress to adopt a national policy on card security breaches and to base that policy for retailers and card data brokers on the regulations that are already in place for banks, thrifts and credit unions. "Banking institutions have a strong interest in...

  • National Cooperative Bank Ranks Credit Unions Among Highest Revenue Earners

    WASHINGTON - Some of the industry's well-known credit unions continue to make the list of the country's highest-earning cooperatives. On Oct. 3, National Cooperative Bank released its annual ranking, which showed the following: $25 billion Navy Federal CU ranked 22; $40 billion U.S. Central CU ranked 52; $12 billion State...

  • St. Clair Joins MCUA as Director of Regulatory Compliance

    ST. LOUIS - Rebecca St. Clair has joined the Missouri Credit Union Association's Information Services Department as Director of Regulatory Compliance. She is responsible for assisting Missouri CUs with regulatory and compliance issues. St. Clair's first day with MCUA was Sept. 26. St. Clair has 17 years of experience in...

  • TNB Picks Up Another Processing Client

    DALLAS - TNB Card Services, the card processing arm of credit union owned Town North Bank, has announced it has gained another credit union card processing client. The $180 million DESCO FCU, headquartered in Portsmouth, Ohio, moved 6,100 cardholder accounts to TNB after reviewing two other card processor offers as...

  • NAFCU Urges Senate to Move Quickly on NCUA Nominations

    ARLINGTON, Va.-NAFCU wrote Senate Banking Committee Chairman Richard Shelby last week, urging him to fill the open spots on the NCUA Board. On Sept. 30, the committee received the nomination of Gigi Hyland as the next Democratic member to the NCUA Board after the resignation of Debbie Matz, the last...

  • Chartway Keeps on Giving to Hurricane Relief Efforts

    VIRGINIA BEACH, Va.,- Chartway Federal Credit Union is pledging its support to the Hurricane Katrina relief effort in Houston. Chartway began taking monetary donations at all of its branches, including its eight in the Houston area, on Sept. 12, 2005 to aid victims of Hurricane Katrina who have been evacuated...

  • CUNA Mutual Rolls out IRA Online Planning Tool

    MADISON, Wis. - CUNA Mutual Group's IRA Services has introduced a new suite of retirement tools to help credit unions offer members online access to IRA planning and management. The new IRA Center is a Web-based tool that provides members with up-to-date IRA and retirement-focused content that can be integrated...

  • TACCU, Empire Affiliates CU Merge

    SYLVANIA, Ohio - Toledo Area Community Credit Union has merged with Mansfield, Ohio-based Empire Affiliates Credit Union Inc. The move will add Empire Affiliates CU's 10 branches and will help TACCU grow to nearly 60,000 members and approximately $350 million in assets- making it the sixth largest credit union in...

  • Cross-Selling Pays Off for Evansville Teachers FCU Lending Department

    EVANSVILLE, Ind. - For a job well done, the Lending Call Center staff at Evansville Teachers Federal Credit Union has recently received some well deserved pampering. The group was treated to a limousine ride and steak dinner courtesy of CUNA Mutual, the credit union's insurance underwriter, for having met a...

  • NCUA Notifies CUs on Contaminated Money Policy

    ALEXANDRIA, Va.-In order to stem the spread of contaminates left behind on money from Hurricanes Katrina and Rita, the Federal Reserve has instituted a replacement policy. NCUA issued Letter to Credit Unions 05-CU-14 alerting credit unions in the impacted areas to deposit their contaminated currency with the Fed to avoid...

  • New $10 Note Unveiled

    NEW YORK-The Federal government unveiled the newly redesigned $10 bill in a ceremony in New York Sept. 28. All the larger notes have been redesigned to ward off counterfeiting efforts. The new $10 includes easy-to-use security features-like color-shifting ink and a watermark-and subtle background colors of orange, yellow, and red,...

  • Northwest Corporate, CU Business Group Lend Hand to Louisiana Corporate

    PORTLAND, Ore. - Northwest Corporate Federal Credit Union and CU Business Group employees have raised money to help the Louisiana Corporate Credit Union in its time of need. "To us, they aren't just another corporate 2,000 miles away, they are family," said Northwest Corporate FCU President/CEO Kathy Garner. Northwest Corporate...

  • First Community CU Donates Almost $50,000 to Hurricane Relief Fund

    ST. LOUIS - First Community Credit Union has recently donated over $46,000 to the American Red Cross' National Disaster Fund for Hurricane Katrina relief. In just seven days members donated over $20,000 at branch donation sites, with First Community matching 100% of the donations. First Community employees also donated to...

  • Visa Calculates Time Lost in Check Writing

    SAN FRANCISCO - An "in-store" study sponsored by Visa USA has attempted to calculate the amount of time lost standing in retail lines because some customers write checks rather than use their credit or debit cards. The study, conducted at selected locations of one of the nation's largest retail pharmacy...

  • Pennsylvania Dept. of Banking Announces New Effort to Protect Consumers from Fraud

    HARRISBURG, Pa. - Pennsylvania Gov. Edward Rendell has launched a new effort to protect consumers and keep them alerted to fraud. As part of that effort, the state Department of Banking has created a new Web site that will provide consumers with instant notification when the agency takes action against...

In Other News

  • DONATIONS

    Memphis Area Teachers' Credit Union, Tenn., has provided a $500 grant to Wooddale Middle School teacher Stephanie Parker-Bradley through the One Class at a Time grant program. Parker-Bradley plans to use the grant to purchase scientific calculators for her math students. She will incorporate instructions on how to correctly use...

News

News Briefs

  • Johnson Encourages NCUA Staff, CUs to Help Restore HOPE

    WASHINGTON-NCUA Chairman JoAnn Johnson and other government officials joined Operation HOPE for a press conference aimed at rallying volunteers to provide counseling to victims of Hurricane Katrina. Project Restore HOPE, led by Operation Hope, Inc. Founder and Chairman John Bryant, will focus on volunteer emergency preparedness, response and guidance to...

  • Temporary Stay Granted for Katrina Victims from Provision of Bankruptcy Reform Law

    WASHINGTON-The U.S. Trustees announced last week a temporary waiver of the statutory requirements for credit counseling under the new bankruptcy reform law for victims of Hurricane Katrina. Under the Bankruptcy Abuse Prevention and Consumer Protection Act, which takes effect Oct. 17, bankruptcy filers are required to undergo credit counseling within...

  • NCUA Rolls Out New Performance Report

    ALEXANDRIA, Va.-NCUA unveiled its new, more helpful and efficient Financial Performance Report. Credit unions can use the FPR, a computer-generated, analytical tool, to identify trends, analyze performance, and set goals. NCUA creates a new FPR for every federally insured credit union quarterly. However, beginning with the Sept. 30 cycle, credit...

  • All CUs Struck by Hurricane Rita Up and Running

    ALEXANDRIA, Va.-NCUA announced that the 50 federally insured credit unions hit by Hurricane Rita are operational. The storm temporarily closed the credit unions totaling $1.9 billion in assets, but all are now considered operational in Louisiana and Texas. Some credit unions are running from back up sites, but members should...

  • NCUA Announces 2006 Board Meeting Schedule

    ALEXANDRIA, Va.-The NCUA Board has announced its 2006 meeting schedule. The Board plans to convene at 10 a.m. on each of the following dates in 2006: * January 19 * February 16 * March 16 * April 20 * May 25 * June 15 * July 20 * September 21...

Marketing

  • Desperation Pays off for AltaOne FCU

    RIDGECREST, Calif. - Desperate Housewives is no longer just reserved for Sunday nights. AltaOne Federal Credit Union has created a successful mortgage loan campaign loosely based on the popular television show's soap opera style. Developed by Hollister-based creative design firm Redbeard Communications, the campaign dubbed "Desperate House Loans" positions AltaOne...

  • Spokane FCU Wins Four 1st Place Marketing Honors

    SPOKANE, Wash. - Spokane Federal Credit Union's marketing department has walked away with four Spectrum Awards from the Washington Credit Union League. The Spectrum Award is the highest ranking, first place award given by the Washington CUL for credit union marketing efforts. Spokane FCU winning entries include "In-House Creative" for...

  • Former NYSCUL Director Launches KB Meyer Consulting

    CORNING, N.Y. - With the launch of KB Meyer Consulting - Outside the Vault, Karen Meyer is looking to help credit unions build their strategic muscles. The new firm focuses on leveraging Web technology to offer "powerful tools and fresh, innovative planning options." With over 23 years of credit union...

  • Festival Perfect Day for a New Name

    LITTLETON, Colo. - A popular local Ken-Caryl Ranch Fall Fest served as the perfect forum for Johns Manville Credit Union to unveil its new name- Colorado CU- to over 15,000 attendees and the community at large. Colorado CU was the presenting sponsor of Fall Fest. Colorado CU was chartered in...

Tech Bytes

  • First Tech Credit Union joins Open Technology Solutions

    BEAVERTON, Ore. - First Tech Credit Union is joining the Open Technology Solutions (OTS) tech CUSO and converting to the Open Solutions Inc. core platform next spring, the $1.5 billion CU says. The decision comes after 20 years of running an in-house system from Summit Information Systems and follows a...

  • TitleAuctions Signs VyStar, Texans to Repo Remarketing Services

    PORTLAND, Ore. - TitleAuctions Inc. is nearing the 60-client mark for its repo remarketing services with the signing of two big CUs: $1.5 billion Texans CU and $2.9 billion VyStar CU. The 3-year-old Portland-based company says it now has 59 credit unions using its services to sell repossessed cars, trucks,...

  • Texans Credit Union Signed IP Telephony Deal with SBC

    RICHARDSON, Texas - Texans Credit Union will be getting IP telephony, VPN and data center hosting services from SBC Communications for at least the next three years under a new contract, the company and credit union say. The combined services will provide a network for voice, video and data at...

  • Associated Credit Union Web Site Wins WebAward for DI

    CALABASAS, Calif. - An Atlanta credit union's new Web site design has won industry recognition for Digital Insight Corp.'s Web Services team. The DI Web site for $843 million Associated Credit Union (www.acuonline.org) has received the 2005 WebAward "Standard of Excellent" for design on behalf of a credit union from...

  • MnCUN Offering CUs Web-Based Auto Service Through CUDA

    ST. PAUL, Minn. - Car buying has gotten easier for members of credit unions affiliated with the Minnesota Credit Union Network. Credit Union Discount Auto Services (CUDA), in cooperation with the Minnesota Credit Union Network, has created a Web-based auto buying service for members. Beginning Oct. 1, through CUDA's Web...

Opinion

Publisher's Column

  • Welch Got It, And I Hope To Too

    Welcome to my first column. I am truly honored for the opportunity to share my views on this terrific industry. Trust me, I have a lot to say. I think credit unions are staring down a number of challenges that must be met. I pledge to always give my honest...

People

  • EAST

    Service Credit Union, Portsmouth, N.H., has named Katherine Barrett real estate loan specialist; David Whigham contact center representative I; and Melissa Herrebrugh contact center admin II. In addition the following employees have been promoted: Kristy Dureau to assistant manager; Beth Constant to special account representative II; and Rashell Ferland to...

  • SOUTH

    Florida Telco Credit Union, Jacksonville, Fla., has named Linda Straley Bay Meadows Way branch manger. In addition, Florida Telco has promoted Sheila Sparkman to Bay Street branch manager; Shannon Brougham to San Jose Blvd. branch manager; and Melvin Jackson to Normandy Blvd branch manager. Eastern Financial Florida, Miramar, Fla., Vice...

  • MIDWEST

    John Deere Community Credit Union, Waterloo, Iowa, has promoted Christi Hulme to Cedar Heights branch supervisor; Vikki Distler to training specialist; Julie Seyffer to supervisor of Ansborough Lending and Nikki Elscott to training specialist. TopLine Federal Credit Union, Maple Grove, Minn., has named Alicia Barber human resources manager. Scott Credit...

  • WEST

    Alaska USA Federal Credit Union, Anchorage, has named Pamela Townsend Shoreline branch manager. The Golden 1 Credit Union, Sacramento, Calif., has promoted William Salinas to Rancho Cordova branch manager. California Credit Union, Glendale, has named Donald J. Pistulka chief financial officer. Marion and Polk Schools Credit Union, Salem, Ore., has...

  • SOUTHWEST

    Security Service Federal Credit Union, San Antonio, has appointed Bill Crouch human resources staffing manager. Greater TEXAS Federal Credit Union, Austin, has named Brandy Logan business development officer. Houston Texas Fire Fighters Federal Credit Union, has promoted John McNeel to assistant vice president of lending.

Letters to the editor

  • Forget CURIA, CUs Need to Regulate Some of Their Own Fee Practices

    I'm not a fan of the credit union industry's CURIA-type legislation because it keeps pushing the envelope despite congressional warnings that credit unions should lay low and be content for awhile. Trade associations are in the business of lobbying and push for what dues-paying members want. However, we all know...

  • A Special Thanks to all and Especially to John

    We at Keesler Federal cannot thank our credit union "family" members enough for their help in the aftermath of Hurricane Katrina. The special relationship which exists between credit unions in helping each other in times of need has always been there, but it is amazing to see how quickly this...

  • A Vote for More Women's Conferences

    Do women need their own leadership conference? Mike Welch announced his "no" vote quite strongly in his Sept. 28th column. But judging from the feedback I heard from attendees at CUNA's Women's Leadership Summit in June, most would agree with me that the opportunity to network with other female executives...

  • Let's Avoid the Inequities Theory

    Mike Welch's recent column on whether women need exclusivity to address issues that they face as CEOs hit a chord with me. I, like you, believe that the issues that we face as executives are not gender based; therefore, should not be a venue for harboring the inequities theory that...

  • From the Editor: Keep Those Letters Coming!

    Credit Union Times is proud to report that so far in 2005 every issue has contained letters to the editor. We're proud of this for two reasons. First, it's an indication that Credit Union Times is providing thought-provoking editorial coverage that is inspiring more readers than ever to write letters....

Looking Back

  • Credit Union Times Vol. 1, No. 30 October 15, 1990

    Looking back 15 years ago finds the NCUA Board considering how large a bill federal credit unions will be handed to fund the agency in 1991. At issue is a proposed two-fee, two-bracket plan, which opponents say will result in substantially higher operating fees of hundreds of large credit unions....

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