Credit Union Times Magazine July-09, 2008

News

Front Page News

News Briefs

  • Creditunionfacts.com Wins a Webby

    DENVER -- Am?(C)lie Company, a Denver-based advertising, public relations and marketing agency, has walked away an official honoree at the 12th Annual Webby awards for its Web design work on credituninofacts.com.

  • Readers Divided on Mega-Mergers

    The results of the latest Credit Union Times online voting poll showed that in a time where consolidation and mergers between large healthy credit unions are becoming more popular there is a divide in the community as to whether or not these mergers are good for the industry.Credit Union Times...

  • Fundraising Continues for Ex-Chairman Who Lost Home in Floods

    MILWAUKEE, Wis. -- Fundraising efforts are still underway for the retired teacher and former chairman of the $14 million Southshore CU of Cudahy who saw his home break up on national TV.

  • CUISPA Plans Risk Assessment Conference

    AUSTIN, Texas -- Enterprise risk management and real-world scenarios will be among topics of a day-long seminar planned by the Credit Union Information Security Professionals Association on Aug. 1 in Southern California.

Regulatory/Compliance

Special Report

  • Branching Out

    Consumers Credit Union, Waukegan, Ill., wrapped up its month-long grand re-opening celebration at the credit unions 2750 Washington St. office. Consumers invested more than $1.2 million in the renovation that included the addition of state-of-the-art technology and a new look and feel to the facility. Consumers awarded weekly prizes during...

  • Scholarships

    Fall River Municipal Credit Union, Fall River, Mass. announced the recipients of its 2008 scholarships. Six $500 scholarships were awarded to Andrew Gustafson, Matthew McKinnon, Linda Owens, Allison Sirois, Natash Costa Soares and Samantha Toupin.

Opinions

  • Short-Term Ladders and LIBOR FRAPs Are Keys to Success for CUs Now

    Today's investors are caught in a battle between rising inflation and a slowing economy, translating into a debate over whether interest rates will be moving lower or higher in the near future. The variables continue to change daily, but one factor has been constant: the rising price of oil. Oil...

  • Credit Unions Have an Opportunity to Serve the Fasting Growing Minority

    Service to members is the hallmark of credit unions. Credit unions have a tremendous opportunity to serve the fastest growing minority demographic in the United States--Latinos. However, credit unions attempting to serve this demographic may not be familiar with some of the considerations to help offer such service.

  • NAFCU: Ever-Vigilant in These Challenging Times

    Reflecting on my nine years on the NAFCU Board, this has been one of the busiest congressional sessions in recent memory, with new bills introduced almost daily that would significantly impact our industry. The various federal regulatory agencies have been busy, too.

Editor-in-Chief's Column

  • CUNA and the City: What's Not on HBO

    I'm proud to say, despite traveling to Hoboken, N.J. every few weeks to the Credit Union Times nerve center, I had never been to New York City before CUNA's America's Credit Union Conference. I was hoping it was going to live up to the hype. But got what I expected:...

Letters to the editor

  • Objection to a 'Poor Choice' of Words

    I want to express my objection and displeasure over the extremely poor choice of the word "bail-out" used in the article regarding the First City Credit Union-SCE Federal Credit Union merger. [The article was posted on CUTimes.com on June 2.]

On-Site Conference Coverage

  • National Conferences

    Blaine Goes to NetworkThe chance to network face to face with other credit union leaders is the reason Jim Blaine, CEO of the $15.9 billion State Employees' Credit Union, said he goes to conferences."The data and information that a conference provides, that could get to you by e-mail," Blaine said....

People

  • PEOPLE

    EASTDiamond Credit Union, Pottstown, Pa., announced that its chairman of the board Herbert Yost celebrated its 25 years of service. Yost started his volunteer services to the credit union in 1983 where he served on the former supervisory committee for two years. He was first elected to the board in...

  • PEOPLE

    EASTCapital Communications Federal Credit Union, Albany, N.Y., announced the promotion of Michael Peteani to human resources manager. Peteani will oversee daily operations in the human resources department and will assist the vice president of human resources with new initiatives and activities. Theresa Trietiak was hired as talent acquisition specialist. Trietiak...

Other

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