Credit Union Times Magazine May-31, 2006
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May NCUA Board Meeting with Underserved Area Final FOM Rule Canceled
ALEXANDRIA, Va. - The NCUA Board did not vote on its final field of membership changes banning non-multiple common bond credit unions from adopting underserved areas because there was dissension among the board members, according to knowledgeable sources.
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Forrester Study: Credit Unions Near Top of Customer Advocacy List, Blow Away Banks
CAMBRIDGE, Mass. - Credit unions outrank banks by a long shot for customer advocacy, according to a recent survey by Forrester Research, Inc.
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NFCDCU's Conference to Focus on Immigration
NEW YORK - Immigration is one of this year's hottest political, social and economic topics and credit unions' role in helping immigrants in the past and in the future will be the focus of the National Federation of Community Development Credit Union's 32nd annual conference which will be held in...
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Arizona Becomes Spring Board for Launch of CUSO to Help Credit Unions Transition Investment Programs In-House
GLENDALE, Ariz. - When the idea to start an investment CUSO for Arizona's credit unions came up, one popular model came to mind.
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Incumbents Re-Elected to RCU Board, Supervisory Committee
SANTA ROSA, Calif. - Redwood Credit Union has recently re-elected three volunteer officials to its board for the 2006-2009 term.
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Sometimes Growing Portfolio Still Cannot Prevent Sale
AUBURN, Calif. - Sometimes even after taking steps to grow a credit card portfolio they are not enough to prevent the sale of the portfolio, according to the CEOs of two CUs which recently made sales.
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Students' Failing, Personal Finance Test Scores Worry Wisconsin Credit Unions
PEWAUKEE, Wis. - Wisconsin credit unions' concerns are growing following a recent round of testing that measured Wisconsin high school students' knowledge on personal finance, the Wisconsin Credit Union League reported.
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While You Wait
So what are credit unions doing about data security in the meantime? NAFCU's Flash found that nearly half (46%) of surveyed credit unions said they had assessed the risk of their Internet-based products and another 27% were in the process of completing an assessment. The last 27% planned to begin...
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As Congressional Coffers Grow, So Does CULAC Spending
WASHINGTON - From January 2005 through March 31, 2006, congressional campaigns raised $657.2 million for an increase of 13% over the same period in 2003-2004, according to the Federal Election Commission.
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UNFCU Employee Conquers Mt. Kilimanjaro To Help Force Change in Troubled East Africa
MT. KILIMANJARO, Kenya - Tim Challen, an employee of the United Nations Federal Credit Union branch in Geneva, Switzerland, was shot in the knee during an armed robbery while he was on mission to Nairobi, Kenya. On his return to Geneva, he underwent painful surgery and a long rehabilitation. It...
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NCUF to Provide Online Guidance On Grant Applications
WASHINGTON - The National Credit Union Foundation will provide CUs and state credit union foundations with guidance they need in filling out grant applications for the NCUF and other grant makers during an online Webinar.
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Police Officers' CU Conference a Hit
WASHINGTON - This year's Third Annual Police Officers' Credit Union Conference attracted a record crowd. A total of 15 credit unions that serve the law enforcement community were represented as well as 12 sponsors and exhibitors. Platinum sponsors of the event included Corporate Central Credit Union, Corporate One and Mid-Atlantic...
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Short-Term Certificates May Buffer Blow from Declining Fed Rates, Extend Asset Duration
SAN DIMAS, Calif.- In response to increases in the fed fund rate over the past 18 months, credit unions have been very conservative with rates on their money market accounts, individual retirement accounts, shares and drafts.
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Firstmark CU Announces Board Elections
SAN ANTONIO - Firstmark Credit Union has elected its board officers and directors.
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Day-by-Day Summary of the Climb
* Feb. 25: The team passed through lush jungle. One of the youths left because of a pre-existing health problem. At the end of they day, the group settled into huts. * Feb. 26: They reached Horombo (12,204 feet) hut after a slow, steady six hour and 45 minute hike....
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MIT Professor Warns CUs `Face Trouble' on Technology, Branching Fronts
LAS VEGAS - In a sobering and oftentimes gloomy message, an MIT professor of management has told credit unions already witnessing shrinking margins and a spate of mergers, they also suffer weak governance and poor product penetration, all factors harboring economic trouble in the future. In a closing day speech...
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NCUA and Intervenors Files Rebuttal in Members 1st Case
SCRANTON, Pa.-The defendants' filings opposing the American Bankers Association's request for discovery in the court challenge to the community charter approved for Members 1st Federal Credit Union are in and now it is the ABA's turn for rebuttal.
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OFHEO Comes Down Hard on Fannie Mae, Calls GSE a `Faade'
WASHINGTON - The waiting is over. After more than two years of review of more than eight million pages of documents, the Office of Federal Housing Enterprise Oversight on Fannie Mae released its "Report of the Special Examination of Fannie Mae" last week. In the end, the regulator spared no...
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On-Site at Harland: Company Says Success Rooted in Devotion to Core Values
PLEASANTON, Calif. - There's something different about the atmosphere at Harland Financial Solution's Credit Union Core Systems office.
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Delaware CU League Disbands CUSO Citing Lack of Activity, Trust Services First on Chopping Block
NEW CASTLE, Del. - Citing a lack of steady, robust activity, the Delaware Credit Union League-managed CUSO has been dissolved effective May 3. The fifteen credit unions that own DELCU Financial Services, LLC made the decision last year to shut down the CUSO, which had been offering surcharge-free ATMs, trust...
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First US Community CU Helps Sponsor Start-up Company Contest
DAVIS, Calif. - Judges of a recent business plan competition were so impressed with two budding entrepreneurs, they awarded them each $10,000 to help get their businesses off the ground. Two start-up companies-one that helps busy families prepare home-cooked meals and a biomedical venture that is developing a handheld diagnostic...
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Election Year Issues
Congress has latched on to the matter and has been furiously introducing and moving legislation with about 10 bills circulating between the two chambers. "Nobody knows right now what's going on," NAFCU Associate Director of Legislative Affairs Debbie Kwon-Moore explained. On May 11, a House Judiciary subcommittee held a hearing...
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Congress Works on Peripheral CU Issues in Lead Up to Memorial Day Recess
WASHINGTON-A number of congressional committees are considering data security legislation right now, which could be a formidable election year issue as breaches continue to occur.
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Credit Union Offering Proprietary Debit Cards to Students
BEL AIR, Md. - The $140 million HAR-CO credit union has launched a proprietary debit card program designed to help students at a local high school learn financial skills. Students age 14 and above at the John Carroll School, a parochial school in Bel Air, Maryland, are able to open...
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Biz Kid$ Picks up $100,000 from Calif./Nevada Foundation
FEDERAL WAY, Wash.-The national "Biz Kid$" campaign to raise $2.6 million for production of a syndicated financial literacy show on public TV next year rolled on again last week picking up a $100,000 pledge from the foundation of the California/Nevada Credit Union Leagues. The donation from the Richard Myles Johnson...
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Congress Working on Several Bills to Curb Data Security Breaches; Credit Unions Hope to Bring Down Costs
WASHINGTON - For financial institutions, dealing with data security breaches takes time, money and manpower.
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Hood Highlights Board Development, Succession Planning at NAFCU's Volunteers Conference
BEVERLY HILLS, Calif. - NCUA Vice Chairman Rodney Hood recently addressed NAFCU's 25th Annual Volunteers Conference on issues of importance to this crowd, including development and succession planning.
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Addison Avenue Financial Partners Taps ID Theft 911
ROCKLIN, Calif. - Addison Avenue Financial Partners, a subsidiary of Addison Avenue Federal Credit Union, has teamed up with Identity Theft 911 to help members in the fight against identity theft.
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After-School Spanish Program Gets Boost from EECU
FORT WORTH, Texas - EECU is helping Liberty Elementary students develop and improve their Spanish language skills.
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Trades Support NCUA Proposal to Provide Pass-Through Retirement Coverage
ALEXANDRIA, Va. - NCUA has the authority under amendments to the Federal Credit Union Act concerning deposit insurance coverage to also permit pass-through deposit insurance coverage on employee benefit plan accounts, according to two national trade associations.
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Open Solutions Creates Forum for Member Business Services Entry
GLASTONBURY, Conn. - A number of items were on the agenda at Open Solutions Inc.'s first Member Business Services Forum.
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President's ID Theft Task Force Includes NCUA Board Member Hyland
WASHINGTON - At the inaugural meeting of President George W. Bush's Identity Theft Task Force last week, NCUA was represented by Board Member Gigi Hyland.
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Davis Elected NACUSO Chairman
LAS VEGAS - Thomas C. Davis, president of his own consulting firm and an industrial psychologist, has been elected chairman of NACUSO for 2006-07. Davis, who was elected May 16 following the annual business meeting of NACUSO during the group's four-day conference, succeeds Ava Milosevich, secretary-treasurer of the SELCO Group....
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ILCU Service Corp. CU Doles Out $335,000 in Rebates
NAPERVILLE, Ill. - For the eleventh consecutive year, the ILCU Service Corp. has either paid participating credit unions a rebate or issued a major price decline to credit unions that use LSC services.
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MasterCard IPO Expected Soon
NEW YORK - As of press time, stock analysts expect MasterCard to make its initial public offering of stock this week, but split on how much of a run up the stock might have and on what the long-term prospects for the issue might be.
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Corporate Central CU, Farin & Associates Form ALM Partnership
HALES CORNER, Wis. - Corporate Central Credit Union and Farin & Associates, Inc. have formed an alliance to market Farin's asset liability models and solutions to Corporate Central's member credit unions. Farin provides asset/liability management solutions, retail product-pricing solutions, and Web products and services to credit unions, banks and thrifts...
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Community Bankers Target CUs, Relief During Hill Visits
WASHINGTON - A force of community bankers-300 strong-headed to Capitol Hill last week with credit unions and a few other top priorities in mind.
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$100,000 in CUNA Councils' Scholarships Up for Grabs in 2006
MADISON, Wis. - Thanks to CUNA's Lending Council, Chief Financial Officers Council and Marketing and Business Development Council there is over $100,000 in scholarships available this year.
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Hood Updates California Credit Unions on Hot Industry Topics
SAN DIEGO - NCUA is considering ways to automate its data collection initiative by using call reports and existing credit union software, thus reducing the burden on credit unions asked to provide statistics, said NCUA Vice Chairman Rodney Hood as he addressed California credit union leaders during a two-day, five-stop...
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FAMU Credit Union Named Small Business Of the Year
TALLAHASSEE, Fla. - For its 71 years of services to the community, Florida A&M University Federal Credit Union was recently named Small Business of the Year by the school's Small Business Development Center. The $21 million credit union serves more than 4,700 members and has 11 employees. The micro-lending program...
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Check Those Wal-Mart Leases, Urges Attorney
WASHINGTON - Credit unions ought to start now to review their branch leases in Wal-Mart Stores given the controversy surrounding the retailer's application for a Utah industrial loan bank, advises Washington attorney V. Gerard Comizio. Comizio, a partner in Thacher Proffitt & Wood and the former deputy senior counsel for...
News Briefs
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Corrections
In the story, "IRS: No Further Guidance Expected Soon on 457(b) Treatment at FCUs" in the May 17 issue, it was incorrectly reported that the deadline to establish a 457 plan was Dec. 31, 2006. That date applied to when employers need to amend their plans to comply with the...
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CURIA Supporters Number 121
WASHINGTON - The Credit Union Regulatory Improvements Act (H.R. 2317), which has proven controversial yet popular among lawmakers, has found yet another supporter in the federal legislature.
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Navy Federal Serves its Members Everywhere, Dawson Tells Congress
WASHINGTON - Navy Federal Credit Union is adept at serving the particular needs of the military, CEO Cutler Dawson told a congressional subcommittee earlier this month. Navy Federal did not grow from 49 members and $450 in assets in its first year of operation to more than $25 billion in...
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Credit Unions Make List Of Top ACH Recipients, Not Originators
HERNDON, Va. - Two large credit unions made the list of the top 50 ACH recipients, according to NACHA, but none have made a similar list for originators.
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CSCU Posts Strong Growth For 2005
ST. PETERSBURG, Fla. - Card Services for Credit Unions, the association of credit unions which process their card transactions with Fidelity National Information Services, now has 3,400 credit unions as members and represents over 12 million Visa and MasterCard accounts, the association has reported.
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Late Amendments Postpone SBA Bill Mark-up
WASHINGTON - A flurry of last-minute amendments forced House Small Business Committee Chairman Don Manzullo (R-Ill.) to postpone a May 17 committee mark-up of his legislation that would reauthorize the Small Business Administration programs for another four years. The committee was scheduled to consider HR 5352, or the Small Business...
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Glenn Named President/CEO Of Air Force FCU
SAN ANTONIO - The $230 million Air Force Federal Credit Union announced Robert A. Glenn as the CU's new president/CEO.
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Two California CUs Merge
OAKLAND, Calif. - The California Department of Financial Institutions recently announced the approval of a merger between a tiny credit union with ailing growth and a larger one.
News
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Prime Alliance Recognizes Mortgage CUSOs, CUs, Lenders for Special Efforts
TUKWILA, Wash. - Prime Alliance Solutions used its recent symposium earlier this month to present awards to several credit unions, mortgage CUSOs and lenders that do business with credit unions in recognition for their efforts to help credit unions become better mortgage providers for members.
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Northeast CU Commits to HLPR Loans
PORTSMOUTH, N.H. - Northeast Credit Union has joined the growing number of credit unions that are demonstrating their commitment to assisting lower income homebuyers to afford a home of their own by committing to CUNA's Home Loan Payment Relief program.
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Red Rocks FCU Pledges $6 Million More To First-Time Homebuyer Program
HIGHLANDS RANCH, Colo. - One year after Red Rocks FCU successfully launched its first-time homebuyer program, the $135 million CU has committed an additional $6 million to the product. RRFCU's first-time homebuyer loan allows members to purchase a home with as little as $500 down and finance their mortgage loan,...
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Special Report: Mortgages
Should credit unions retain servicing of mortgages they sell? Read about that and the latest mortgage news in the special report on pages 22-26.
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Readers Speak Out
Lots of reader feedback on everything from branding to card portfolio sales can be found on pages 16-17.
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Massachusetts CU Receives Recognition from Immigrants
BROCKTON, Mass.-The $1.3 billion HarborOne Credit Union has received recognition from immigrants from Cape Verde, an archipelago in the North Atlantic west of Senegal that has about the land area of Rhode Island.
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The Faces Behind WOCCU's Development Projects; Credit Unions Give Hope to Struggling Families
INCAHUASI and SAN MATEO, Bolivia -WOCCU currently has credit union development projects in eight countries and over the years has influenced credit union development all over the globe including in Bolivia.
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Commonwealth Central CU Partners With Mason-McDuffie for Mortgage Services
SAN JOSE, Calif. - Commonwealth Central CU has opted to look outside the credit union industry for a provider of first mortgage services.
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Retain or Release Mortgage Loan Servicing? The Value is About More than Just Gained Revenue
TUKWILA, Wash. - Retain servicing of members' mortgages or release the servicing? As any credit union that offers mortgages knows, there's no easy answer or even one answer to the question.
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Ent's "Homes with Heart" Fundraiser Kicks Off CU's Second Annual Real Estate Week
COLORADO SPRINGS, Colo. - Ent FCU is holding its second Annual Real Estate Week from May 20-25 and has marked the opening of the seven-day event by hosting a "Homes With Heart" fundraiser. The $1.9 billion CU's Annual Real Estate Week will feature free seminars for real estate professionals, builders,...
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Accounting Problems Continue to Haunt Fannie Mae
WASHINGTON - Two years after federal regulators first accused Fannie Mae of serious accounting problems and earnings manipulation to meet Wall Street targets, and the Securities and Exchange Commission ordered it to restate earnings back to 2001, Fannie Mae's accounting nightmare apparently isn't over yet.
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Selling on the Secondary Market Helps CUs Increase Liquidity, Lessen Balance Sheet Risk
WASHINGTON - Tightening liquidity fueled by decreasing member deposit growth and increasing loan demand has heightened credit unions' vulnerability to balance sheet risk. The secondary market, offered Callahan & Associates in a recent Webinar, is positioned to help CUs mitigate that risk while giving them the opportunity to increase liquidity.
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Pennsylvania State Rep. Scavello to Introduce Predatory Lending Bill
HARRISBURG, Pa. - State Rep. Mario Scavello (R-176), a member of the House Finance Committee, is in the final stages of preparation to introduce legislation designed to protect first-time homebuyers and new residents from predatory lending practices that result in foreclosures.
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Central States Mortgage Not Your Plain Vanilla CUSO Anymore
WAUWATOSA, Wis. - CSMC, Inc., doing business as Central States Mortgage, is five months away from celebrating its 22nd birthday, and there's one thing for sure - what started out as a privately owned company is now one of the most successful multi-owned CUSOs in Wisconsin and is no longer...
In Other News
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DONATIONS
Veridian Credit Union, Waterloo, Iowa, has announced the recipients of its Health, Welfare, and Safety grant. The grant targets programs that promote awareness and educate on wellness-related issues. $15,000 was available from this grant. The recipients are: Allen Hospital of Waterloo; The Family YMCA of Black Hawk County; People's Community...
Marketing
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Kellog Community FCU Moving Billboard Wins Award
BATTLE CREEK, Mich. - Kellogg Community Federal Credit Union was recently honored at the 2006 CUNA Marketing & Business Development Council Conference.
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Microsoft Tips Hat to Andrews FCU Marketing Campaign
SUITLAND, Md. - Microsoft Money financial institution partners' quarterly newsletter Money Talks has recently shined a spotlight on Andrews Federal Credit Union's "Shed the Debt" campaign.
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Allegacy FCU SVP/Chief Marketing Officer a "Woman of Vision"
WINSTON SALEM, N.C. - Allegacy Federal Credit Union Senior Vice President/Chief Marketing Officer Cathy J. Pace was among a group of local professionals who were honored as "Women of Vision" at the YWCA's Leadership Awards luncheon.
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USFCU Wins 10 Marketing Awards
BURNSVILLE, Minn. - US Federal Credit Union has walked away from the CUNA Marketing and Business Development Diamond Awards and the CUES Golden Mirror Awards ceremonies a 10-time winner.
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American First CU Helps Kids `Bank at School'
LA HABRA, Calif. - American First Credit Union is teaching elementary school students the benefits of saving with its Bank at School program.
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Day Air CU Wins Marketing Brilliance Award
CLEVELAND - The Ohio Credit Union League has presented Day Air Credit Union with the Marketing Brilliance Award.
Regulatory/Compliance
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Credit Reporting Agencies Better Positioned to Handle Consumer Queries
ALEXANDRIA, Va. - According to CUNA and NAFCU, credit reporting agencies are better equipped to handle the re-investigation of any credit reporting alleged inaccuracies than the financial institutions.
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Investment in Mutual Fund for 457(f) Plans Allowed, NCUA Reiterates
ALEXANDRIA, Va. - Federal credit unions have the authority to invest in a mutual fund as the underlying investment for a 457(f) plan, NCUA recently reminded. In an April 26 opinion letter, the regulator addressed the inquiry from Matadors Community Credit Union, which is a federally-insured, state-chartered credit union. NCUA...
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Kohn to be Next Fed Vice Chair
WASHINGTON - The president has announced his intent to nominate Federal Reserve Board Governor Donald Kohn as the next vice chairman of the board for a four-year term.
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CUNA Asks for Flexibility in AT 501 Standards
ALEXANDRIA, Va. - According to CUNA and NAFCU, credit reporting agencies are better equipped to handle the re-investigation of any credit reporting alleged inaccuracies than the financial institutions.
Opinions
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Subcommittee Passes Markup of `Saving America's Rural Housing Act of 2006'
WASHINGTON - The Housing and Community Opportunity Subcommittee chaired by Rep. Robert Ney (R-Ohio) passed by voice vote on May 23 a markup of legislation that would create a revitalization program for the U.S. Department of Agriculture Rural Development Agency's multi-family housing assistance program, Section 515.
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Credit Unions Have New Opportunities to Bring Affordable Mortgage Financing To Underserved and `Surging' Markets
The term "emerging markets" has become popular to identify the multicultural consumers-African Americans, Hispanics and Asians-who are key to the future success of so many American businesses, including America's credit unions. Credit union conferences and published articles are awash with the term when identifying new opportunities to grow and serve...
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CU Members Mortgage Launches CU Mortgage Publication
FORT WORTH, Texas - Credit unions involved with mortgage lending have a new publication to turn to for information on the industry, as well as new home loan products, guidelines and compliance issues.
Letters to the editor
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Holub: Brand Campaign is All About Our Credit Unions
I would like to thank Editor-in-Chief Paul Gentile for recognizing our public awareness campaign in the May 3 edition of Credit Union Times.
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From the Editor: Keep Those Letters Coming!
Credit Union Times is proud to report that so far in 2006 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....
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Let Me Enlighten Gentile on the `Movement'
Paul Gentile has done it again. His editorial in the May 17th edition beckons a response from any of us that have "credit union movement" flowing through our veins.
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Letters to the Editor
Submission by e-mail is preferred. Send to editor@cutimes.com, or mail to: Paul Gentile, Revmont Park South, 1161 Broad St. Shrewsbury, NJ 07702
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No Data Processor Is an Island
In response to Editor-in-Chief Paul Gentile's article "Credit Unions Value the Convenience of Going to Core Processor for More Products," which appeared in the May 10 issue, let me note that making things convenient for our customers is the ultimate goal for any credit union vendor. However, as technology becomes...
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The More Things Change the More they Stay the Same
The recent passing of Louis Rukeyser made me reflect on a meeting I had with him some 16 years ago. Mr. Rukeyser was a graduate of New Rochelle High School. New Rochelle is the hometown of my alma mater Iona College. A friend put us in touch and we discussed...
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Members Lose Out on Portfolio Sales
Ondine Irving's article of May 10, "Credit Card Portfolio Sales Offer Members a Raw Deal" is right on the money.or should I say credit card? Credit unions should understand the ramifications of selling their card portfolios. It hurts member loyalty by making members feel like their financial business isn't important...
Publisher's Column
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Now More Than Ever Bankers Pull CUs' Strings
NCUA has canceled its May board meeting, a rarity for the regulator. It only had one item on the agenda, albeit a controversial, important item-an amendment banning non-multiple common bond credit unions from adding underserved areas. This amendment was driven by bankers and their lawsuit challenging underserved areas, claiming CUs...
Staking Out the Stats
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Staking Out the Stats
Factors That Impact Executive-Level Performance-Based Cash Bonuses A recent SHRM HR Practices in Executive-Level Compensation Survey Report reveals that when it comes to executive level performance-based cash bonuses the bottom line matters most. Here is a look at the top factors that influence bonuses: * Gross/net revenue 59% * Profit...
People
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WEST
Redwood Credit Union, Santa Rosa, Calif., has added Kristina Derkos as its new senior vice president of human resources. San Diego Metropolitan Credit Union, San Diego, welcomes John Ash, who was recently hired as the lending manager. Woodstone Credit Union, Federal Way, Wash., has named Scott Butterfield, vice president of...
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VENDOR
SELCO Insurance Services, Eugene, Ore., has promoted Tim Kelley to the position of insurance manager. eCU Technologies, an automated financial service technology provider for credit unions, has added Mike Blumenthal to its consulting/programming division to support the technology CUSO's continued growth.
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MIDWEST
KEMBA Fiancial Credit Union, Columbus, Ohio, has promoted Laura Ille to marketing manager. US Federal Credit Union, Burnsville, Minn., has appointed Rachel Gronewald to business/community development specialist. RCU, Royal Credit Union, Eau Claire, Wis., recently re-elected John Sackett and Bill Blackburn to three-year terms. Dianne Addington, president/CEO of T&C Federal...
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SOUTH
Founders Federal Credit Union, Lancaster, S.C., has named Brian J. Mickleberry vice president of its Chesterfield County offices.
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EAST
Rhode Island Credit Union, Providence, R.I., elected A. Charles Moretti, Henry A. Godin Jr., Barry Levin and Beverly Dwyer each to three-year terms on the board. Also, elected to a three-year term on the supervisory committee was Ernest DeAngelis. Elected as board officers were Beverly A. Dwyer, chair; Milton Bronstein,...
In Memoriam
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HVFCU Mourns Loss of Director Emeritus
POUGHKEEPSIE, N.Y. - Hudson Valley Federal Credit Union is mourning the loss of its director emeritus Casper Casparian. Casparian served HVFCU as an unpaid professional for nearly 40 years getting his start as a committee volunteer in 1967, he was later elected to the board in 1969, where he served...
From the Board Room
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Cornerstone Community FCU Annual Meeting a Big Draw
LOCKPORT, N.Y. - For Cornerstone Community Federal Credit Union the more members that attend its annual meeting the better.
Voting Poll
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Voting Poll Results: Most Believe NCUA's Data Collection Pilot will be Inconclusive
SHREWSBURY, N.J. - According to Credit Union Times' recently expired voting poll, NCUA's data collection pilot, which was spurred on by Congress' interest in who CUs are serving, will prove inconclusive.
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New Voting Poll: Is This a Movement?
SHREWSBURY, N.J.-You hear it all the time, the "credit union movement." Some believe strongly in describing the world of credit unions as a "movement," while others prefer more traditional words such as "industry." To many, movement strikes up feelings of credit unions working together for a greater good-improving the financial...
Resource Center
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A Path Chosen Prudently
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Winning the War on Cybercrime: The Four Keys to Holistic...
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FFIEC Proposed Guidance on Social Media and How it Affects...
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The Rise of "Mobile Commerce" and How it Affects YOU!
Could plastic cards become a thing of the past? This white paper explains what constitutes...
Key Indicators of High Performing Credit Unions
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...
