BALTIMORE -- The titles of the books tell a story--"The Spies Among Us" by Ira Winkler and "No-Tech Hacking" by Johnny Long.
DES MOINES, Iowa -- Donations to aid Iowa credit union flood victims continued to pour in last week and reached $325,000, topping industry contributions collected nationally for those suffering losses during last fall's California wildfires, foundation officials here and in Washington reported.
FERNDALE, Mich. -- Age really is just a number for longtime Credit Union ONE staffer Harry Nowell who will celebrate his 90th birthday on July 8, 2008.
BETHPAGE, N.Y. -- LuAnn Izzo said she lives and dies by e-mail and considers it among the best ways to help her stay organized as the CUSO project manager at Bethpage Federal Credit Union.
RANCHO CUCAMONGA, Calif. -- The California and Nevada Credit Union Leagues' recently took top honors in national and international communications competitions.
SOUTHFIELD, Mich. -- Central Corporate Credit Union is repeating last year's popular patronage dividend payout by waiving all service fees incurred by members during the months of July and November 2008, for an estimated $1 million in savings.
DULUTH, Ga. -- Georgia Central Credit Union will host several free investment seminars Aug. 18-21, targeting member credit unions who need help with 2009 planning and budgeting.
WASHINGTON -- New Jersey's credit unions will be more visible in the halls of power.
COLLINSVILLE, Ill. -- Scott Credit Union has got area residents humming a new tune about what to expect from a financial institution.
MIDDLETOWN, Pa. -- Mid-Atlantic Corporate Federal Credit Union members re-elected three incumbent board members at the corporate's June 19 annual meeting. Joan Moran, Department of Labor FCU, Washington; Michael P. Pastirik, United Community FCU, West Mifflin, Pa.; and Connie Wheeler, CEO, Penn State FCU, State College, Pa., were re-elected and...
LAKE MARY, Fla. -- CFE Federal Credit Union is helping its staffers beat rising gas prices.
MERRIFIELD, Va. -- Credit unions, particularly those bent on expanding their mortgage business while seeking rate protection and liquidity, have a budding romance these days with the Federal Home Loan Bank System.
SAN FRANCISCO -- With a number of gasoline retail associations signaling their members might stop accepting cards, Visa Inc. has capped interchange on gasoline sales.
By MYRIAM DI GIOVANNICU Times Senior Staff ReporterPLATTSBURGH, N.Y. -- Is it time to get your board blogging?For UFirst Federal Credit Union Vice Chair Virginia Brady the answer was "why not" when she started the Boardcast (www.theboardcast.net) a little over a year ago."I had enjoyed reading blogs for about five...
CU Times Senior Correspondent
LANSING, Mich. -- The class of 2011 has a new opportunity for financial education, thanks to new Michigan Merit Curriculum directives, and the Michigan Credit Union League sees that as an opportunity.
SACRAMENTO, Calif. -- California state-chartered credit unions may not be aware of sweeping legislation passed in July 2007 that removed a number of member business lending constraints.
TOPEKA, Kan. -- The first application forms for branches and mergers under the state's new field of membership law were distributed last week as Kansas CUs began complying with the restrictive legislation which went into effect July 1.
WASHINGTON -- When it comes to investments as a percentage of a credit union's assets, a bigger financial institution doesn't necessarily equal a higher threshold.
ALBANY, N.Y. -- Credit union legislation has passed New York's State Assembly and Senate, and is headed for Gov. Paterson's desk.
CU Times Correspondent-at-Large
ARLINGTON, Va. -- This week's NAFCU 41st Annual Conference and Exhibition will have over 40 breakout sessions that aim to promote innovation and growth in the industry.
ARLINGTON, Va. -- NAFCU President Fred R. Becker Jr. is the association's chief spokesman and lobbyist.
OVERLAND PARK, Kansas -- For the second time Brian Hague, CEO of an investment firm popular with credit unions, found himself spending some of his vacation days on a job site instead of a beach.
SAN DIEGO -- After reading about two tigers that were on the verge of being abandoned following a Texas couple's divorce in 2002, Loraine Wiser was moved to help a California shelter that rescues abused and neglected lions and other big cats.
MADISON, Wis. -- CUES has found a new way to raise hopes and funds to benefit lung cancer research.
AUSTIN, Texas -- Six years after its founding, Teres Solutions Inc. is now a wholly owned subsidiary of CRIF, a worldwide provider of credit services, management software and worldwide business information systems.
WASHINGTON -- There may finally be at least one silver lining to nationwide gas prices topping $4 a gallon--lower auto insurance rates.
FAIRFAX, Va. -- In-school financial literacy efforts have paid off big for Apple Federal Credit Union.
MADISON, Wis. -- As credit unions strive for success don't overlook your most valuable assets-engaged employees.
BOSTON -- Telephone Workers' Credit Union is dialing in for a name change to Liberty Bay Credit Union.
FAIRFAX, Va. -- Apple Federal Credit Union has been recognized by Prince William County Public Schools as the business partner of the year.
BOSTON -- Credit unions trying to pin down that elusive return on investment in online banking are not alone. So are the big boys.
TULLAHOMA, Tenn. -- Recycling has its rewards and for Ascend Federal Credit Union that translated to earning an environmental award from Cintas Document Management.
WASHINGTON -- According to the Office of Thrift Supervision, no credit unions have applied to convert to a mutual bank charter since September of last year.
Conversion Coalition Looking to Build Members
FAIRBORN, Ohio -- Fannie Mae recently named Wright-Patt Credit Union, a $1.3 billion community-based institution in southwest Ohio, a 2007 Prime Alliance Lender of the Year.
WASHINGTON -- Despite an economy in upheaval, credit unions are holding their own and, in fact, "are winning this revolution," particularly in mortgages.
ST. PETERSBURG, Fla. -- In an effort to build awareness of the roll of mentors, Card Services for Credit Unions has awarded a prize to a credit union CEO for the best account of how mentors have helped them.
GREELY, Colo. -- After retiring from the Colorado State Patrol, Credit Union of Colorado Board Member Shirley Forbes lives a life that is far from the typical retiree.
SANTA ROSA, Calif. -- Redwood Credit Union has introduced an online service that allows members to move money between their accounts internally at the credit union and other institutions.
ALEXANDRIA, Va. -- Credit unions often believe that they must reach a certain asset size before they can start seeing strong performance from their credit card portfolios.
DES MOINES, Iowa -- Project management delivered over the Web has proven to be just the elixir Jeff Falk needed to really help things gel at the office.
MADISON, Wis. -- CUNA Mutual Group and Boston-based Liberty Mutual have lots to celebrate on their 10th anniversary.
RANCHO CUCAMONGA, Calif. -- Water and Power Community Credit Union CEO Carl Stewart has been named board chairman of the Richard Myles Johnson Foundation, the state foundation for credit unions in California and Nevada.
NEW YORK -- The National Federation of Community Development Credit Unions has recently completed its 2008 board of directors elections.
WASHINGTON -- Economics is sometimes nicknamed the dismal science because it often offers a bleak analysis of the world and is sometimes to hard understand.
ALEXANDRIA, Va. -- As credit unions navigate through choppy lending waters, the due diligence critical for member business loan underwriting and approval remains stable.
FAIRFAX, Va. -- Apple Federal Credit Union's student run credit union program can now be found in two more schools.
From the Editor:Keep Those Letters Coming!Credit Union Times has a goal for 2008 to include Letters to the Editor in nearly every, if not all, issues. We had letters in nearly every issue of 2007.
ALEXANDRIA, Va. -- Those instances when banks and credit union can put aside their differences, meet in the middle and build connections are uncommon and kept relatively quiet, some would say.
ALEXANDRIA, Va. -- A consultant who helps credit unions convert to mutual banks has decried NCUA's including average interest rates from former CUs alongside its presentation of average overall CU and bank interest rates at www.ncua.gov.
CALABASAS, Calif. -- Credit unions that did business with Countrywide shouldn't worry about legal liability from the spate of recently announced lawsuits.
SAN FRANCISCO -- Patelco Credit Union assumed assets of both Sterlent Credit Union and Cal State 9 Credit Union effective July 1, opening the third quarter with an extra $300 million in assets, eight branches and 90 employees.
WASHINGTON -- As the ranking Republican on the Senate Banking Committee, Sen. Richard Shelby is his party's point person on issues relating to financial services and other economic policy-related matters.
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.
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...
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.
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.
WASHINGTON -- With little fanfare, the Senate confirmed Michael E. Fryzel to a seat on the NCUA Board.
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...
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.
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...
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.
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.
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:...
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.]
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....
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...
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...
NEW YORK -- Evaluating the leader of a credit union should be a thorough, year-round process but the board should be careful not to micromanage.
NEW YORK -- For the most part, they weren't wearing black.
NEW YORK --The most effective evaluations of outside service providers involve risk assessment, effective due diligence review and close monitoring.
NEW YORK -- Membership growth has become a popular topic in the credit union industry as credit unions look for new ways to expand and grow.
SAN DIEGO -- NAFCU's 41st Annual Conference and Exhibition couldn't have brought you to a better place. Beaches, beautiful weather and all around paradise.
NEW YORK -- Participants in CUNA's America's Credit Union Conference and Expo gained insight into what has shaped the different generations and how to deal with conflicting generational issues in the workplace.
Texans Credit Union, Dallas, announced that DeLeonard Fincher was awarded the company volunteer coordinator of the year award from the annual Junior Achievement Dallas business hall of fame. The hall of fame award is presented by Accenture, Fulbright & Jaworski LLP and Chase. Fincher has increased the number of volunteers...
NEW YORK -- Bob Dylan was here in spirit if not in person.