Credit Union Times Magazine July-25, 2007

In Other News

  • In Other News

    For the second consecutive year, the Utah League of Credit Unions recognized Goldenwest Credit Union, Ogden, Utah, with high honors for its charitable contributions to the community. Goldenwest received the Dora Maxwell Social Responsibility Award in the $200-$500 million in assets category for its annual holiday-giving campaign for families-in-need throughout...

News

Front Page News

News Briefs

Facilities

Lending

Marketing

Regulatory/Compliance

Tech Bytes

Special Report

Briefs

Opinions

Statistics

  • IT Security Certifications Seen Rising in Demand

    Demands for IT security professionals are approaching levels not seen since shortly after Sept. 11, 2001, according to Foote Partners, an IT workforce research firm and consultancy that tracks certification and compensation data from nearly 1,900 employers and 33,800 employees across the United States and Canada. Key measures such as...

  • Credit Unions Lead Cyveillance List of Targeted Phishing Brands

    The number of credit unions targeted by phishing fraudsters increased by nearly 600% in a single year, according to Internet monitoring specialists at Cyveillance. The company says virtually every large financial institution in the country was targeted at one time or another and that smaller organizations, such as credit unions,...

  • SecureWorks Find Hack Attacks Continue on CUs

    Hackers continue to probe the defenses of credit unions, according to SecureWorks. The Atlanta-based provider of online security services recorded peaks of 9,000 attacks per day and about 135 different attackers per day at various times in April and May on the approximately 470 credit unions in its client base.

Letters to the editor

Opinion

  • Proposed Reg Z Changes Will Hurt CUs' Service, Competitiveness

    For more than 25 years, credit unions have used multi-featured, open-end lending as their preferred method to make non-real estate, secured consumer loans. Approximately half of all credit unions use this lending approach, and about 60% of credit unions with assets of more than $100 million use multi-featured, open-end lending...

Publisher's Column

  • Congress Wakes Up--Better Late Than Never

    I think back to the days of bankruptcy reform and to me the issue seemed like such a no-brainer. It was the duty of Congress to close the very obvious bankruptcy loopholes and make those who could afford to pay back their debt do so. But of course we all...

Staking Out the Stats

  • ID Theft, Fraud Top Consumer Concerns

    The impact that fraud and identity theft have had on the public's concern about personal financial matters should remain a top consideration for financial institutions, findings from Opinion Research Corporation's monthly "Ouch Point" Series suggest.

People

  • People

    Fred F. Brott, a member of the board at CommonWealth One Federal Credit Union in Alexandria, Va., recently passed away. Brott was a CommonWealth One member and volunteer for over 30 years. He held the positions of treasurer and vice chairman, and served on the Field of Membership, Asset Liability...

Clarifications/Corrections

  • Correction

    In the article "Wal-Mart Prompts New Credit Union 'Unbanked' Moves" in the July 18, 2007 issue of Credit Union Times, that article incorrectly stated that the REAL Solutions sessions in Albany were put together by the New York State Bankers Association; in fact they were put together by the New...

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