Credit Union Times Magazine May-07, 2008

News

Front Page News

  • Red Flags Hover as November Nears

    SAN DIEGO -- Seems like it was just yesterday when credit unions were scrambling to meet the new FFIEC requirements for protecting consumer identities online.

  • Service CU CEO Simmons Receives Presidential Award

    KAISERSLAUTERN, Germany -- On April 24, NCUA Chairman JoAnn Johnson presented the President's Volunteer Service Award to Gordon A. Simmons, president/CEO of Service Credit Union. President Bush created the Volunteer Service Award in 2003 as a way to thank and honor Americans who, by their demonstrated commitment and example, inspire...

  • Will CU Mortgage Market Go Into Reverse?

    GIG HARBOR, Wash. -- Anyone looking for a bright spot in the darkening mortgage market may find relief in this demographic factoid: 78 million baby boomers are about to turn 65. That's three years older than the minimum age required to secure a reverse mortgage.

  • NACUSO: Gimme Some Lovin'

    LAS VEGAS -- It didn't take long for the Blues Brothers to work up the crowd at NACUSO's annual conference kickoff into a feet-tapping, hand-clapping sing and dance-a-long.

  • CURRA Fate Uncertain After House Setback

    WASHINGTON -- Credit unions and their congressional allies are trying to determine their next move after House leaders canceled last week's scheduled vote on the Credit Union Regulatory Relief Act, after an all-out lobbying campaign by the bankers.

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Publisher's Column

Publisher's Notebook

  • Publisher's Notebook

    The first 100 days of an administration can provide a peek through the proverbial looking glass into the future, according to the political analysts I've read. What are the strategies that will define the newly elected? How will they initiate change and create a footprint worth remembering? Where and when...

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People

Clarifications/Corrections

  • Clarification

    Kansas' new field of membership law curtails statewide branching for a group of nine credit unions and potentially will reduce members via indirect lending. The law is complex and will affect individual CUs differently in contrast to statements made in an April 23 Credit Union Times article.

From the Board Room

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