BRANCHING OUT Santa Clara County Federal Credit Union, San Jos?(C), Calif., celebrated the grand opening of its City Centre Branch in Downtown San Jos?(C). This is the fifth branch for County Federal, which has been serving Santa Clara County since 1950. SCCFCU's City Centre Branch hosted a weeklong celebration for...
Pete Snyder, who started his own investments and insurance consulting company, Snyder Consulting Solutions after leaving the Addison Avenue Partners' CUSO and later joining Kinecta Credit Union, has now formed an alliance with Gateway Services Group, LLC of Denver.
The Indiana Credit Union League is striking a match on innovation.
This season LA Financial Credit Union and the NBA's L.A. Clippers have joined forces to teach area young people about finances.
When Treasury released a "backgrounder" this summer referencing the credit union tax-exemption as one of several possibilities to lower the corporate tax rate, NAFCU sprang into action surveying its members on the impact that would have on them.
It's a new brand identity for K-25 Federal Credit Union.
Affinity Federal Credit Union is working to help children and teens be safe online.
The FCUL Service Group, Inc. has teamed up with foreign currency provider eZforex to lend a hand to international travelers who need foreign exchange services.
Clearstar Financial Credit Union has been singled out as one of the world's best rebrands in the third annual ReBrand 100 Global Awards Contest.
The deadline to bring documents into compliance with the final nonqualified deferred compensation regulations under section 409A of the Internal Revenue Code has been extended to Dec. 31, 2008, the Treasury Department and Internal Revenue Service announced on Sept. 10.
Joining a growing list within the credit union industry, PSCU Financial Services is the latest to contribute a donation to the Dr. Martin Luther King Jr. National Memorial Project.
A compromise between the firm set to purchase First Data Corp. and the banks that are committed to financing the sale appears to have paved the way for it going forward.
Cardtronics, the largest independent deployer of ATMs in the country and the parent firm of the Allpoint ATM network, has filed paper with the Securities and Exchange Commission indicating that it will make an initial public offering of stock.
CURIA catapulted past its peak co-sponsorship from the 109th Congress reaching 127 with primary co-sponsor Paul Kanjorski (D-Pa.) just seven months into the 110th.
NCUA has filed arguments with a federal court seeking to have a lawsuit brought by a banker led charter change group dismissed.
For the sake of economy and messaging, Montana credit unions moved last week to begin serious coordination of resources, products and services among trade groups, CUSOs and Treasure State Corporate.
California is poised to become the second state in the country to have a law in place that would move the card industry's data standards into state law. The law would also provide card issuers a way to recover losses from when retailers in violation of data security standards have...
Following the death of House Financial Services Committee Member Paul Gillmor (R-Ohio), Committee Ranking Member Spencer Bachus (R-Ala.) announced two new ranking member positions.
Virginians Against Payday Loans (VAPL) have challenged credit unions in the state and nearby Washington, D.C. to get serious in the fight against payday lending and check cashing operations. In particular, VAPL founders Mike Lane and Ward Skull have singled out the Virginia Credit Union League for "remaining above the...
Now part of a financial coalition seeking redress on repo defaults before the California Supreme Court, the California Credit Union League said this month it seeks to set aside a lower court's enforcement of certain disclosure data for curing repo disposals.
NASCUS planned to host a conference call to discuss implementation of the military lending rule with the Department of Defense.
Community banks and credit unions that use technology as part of their Bank Secrecy Act and anti-money laundering programs are much more confident in their compliance with BSA requirements than those financial institutions that rely on more manual approaches, according to a recent survey conducted by Wolters Kluwer Financial Services.
The Washington Credit Union League is going high-tech with compliance and in three months has more than 330 subscribers to an online service in which CU executives are promised answers to common regulatory questions "within eight business hours."
While credit union liquidity is "tight by historical standards," it is still within safe and sound levels, CUNA reported in its September Monthly Credit Union Estimates for the month of July.
Apart from nursing blisters and sore knees, the "Team Little Guy" running squad of 12 credit union racers came through in fine shape after completing a grueling 208-mile relay mountain run raising $70,000 for Carolina charities.
The $3.9 billion Kinecta Federal Credit Union is now using bill pay and other online services from Online Resources Corp. atop its Episys core processing system.
When searching for the best rates on deposits and loans, credit unions are likely to beat those of the neighborhood bank, Money Magazine said on CNNMoney's Web site.
NASCUS is rounding the bend with its data collection process.
A consumer coalition made up of groups like the Americans for Fairness in Lending, California Reinvestment Coalition, Consumer Federation of America, Consumers Union, and the Service Employees International Union decry Bank of America's recent decision to hike its ATM fees.
NuUnion Credit Union is bringing music into the lives of area residents.
For some credit unions, hiring more financial advisors and drumming more referrals may be the drivers to boosting their investment programs, which, not surprisingly, currently lag behind their bank counterparts.
House Financial Services Committee Chairman Barney Frank (D-Mass.) has had a good relationship with credit unions, but that will not shield them from consideration under an expansion of the Community Reinvestment Act.
By the time you read this story, members of the $98 million Northeast Community Credit Union will have met to consider and vote upon the proposed merger of their credit union with the nearby Haverhill Bank and depositors in the bank will have begun gearing up for a similar meeting.
When General Electric Company started a series of downsizings in the mid 1980s and into the early 1990s here, Greylock Federal Credit Union faced some hard choices on how to continue surviving.
News Briefs page 09/19/07 Issue
Regulatory and Compliance Page 09/19/07 Issue
Tech Bytes from the 09/19/07 issue.
For any credit union that hasn't converted to exchanging check images, it may not be a matter of if anymore, but simply when.
To check on the benefits of the much-ballyhooed Check 21 revolution, just check with Susan Wilhelm.
Credit unions are converting from paper to imaged check processing systems at such a quick rate, they're in a unique position to leverage that technology to gain market share, processors say.
You've all seen the commercial...the checkout line at the local nursery is moving smoothly and quickly, the sun is shining, plants are blooming, people are smiling--suddenly a customer wants to write a check for payment. Immediately the scene changes--plants wilt, birds stop singing, the sun goes behind a cloud...you get...
Unfortunately for credit unions they can't seem to get away from the same old arguments.
When it comes to the rising healthcare challenge, consumers overwhelmingly believe that greater emphasis on prevention is the solution.
NAFCU's 2007 Congressional Caucus coverage
House Financial Services Committee Chairman Barney Frank (D-Mass.) reiterated once again that he plans to hold a full committee hearing on the Credit Union Regulatory Improvements Act (H.R. 1537) this fall.
EAST Service 1st Federal Credit Union, Danville, Pa., has promoted Matthew Brown to collections specialist and has named Jennifer Neidig contact center supervisor. Jack Criscuolo has recently joined Connex Credit Union in North Haven, Conn. as the director of Business Lending. HarborOne Credit Union, Brockton, Mass., has promoted Kevin Brower...