Credit Union Times Magazine May-14, 2008

Breaking News

  • S&P Affirms AA- Rating On CMG

    SAN FRANCISCO -- CMG Mortgage Insurance Co. announced that Standard & Poor's has affirmed the company's AA- insurer financial strength rating, with a negative rating outlook.

  • Credit Unions New Source for Small Business

    NEW YORK -- As banks continue to tighten their loan standards, small-business owners are getting creative in finding financing sources including at credit unions, the Associated Press reported in a May 2 article.

Front Page News

News Briefs



Tech Bytes

Special Report


Letters to the editor

  • There Is a Credit Union Difference

    I am sure that all of us in credit union land often hear the question, what's the difference between a bank and a credit union? A recent occurrence in regards to plastic cards confirmed once again, at least for us, that there truly is a big difference. As issuers of...

  • Considering Personal Teller Machines

    I enjoyed reading about the use of personal teller machines at Coastal CU and at Mid-Hudson Valley CU (CU Times, April 23, 2008). I think they offer the opportunity to merge the teller line and the call center. We have tried that. Tellers have wait time between members. During that...

Looking Back

  • HOBOKEN, N.J. -- Eleven years ago field of membership took over front-page news in Credit Union Times.

Publisher's Column

  • Take Multiple Routes on Your Path to Growth

    Credit unions are working harder and harder these days to grow. Every week it seems we have articles on credit unions net interest margins tightening, overall membership growth declining, mergers, or success stories regarding credit union growth. To be successful, growth must be viewed as a multi-faceted concept.


From the Board Room

Voting Poll


  • Scholarships

    MidWest Financial Credit Union, Ann Arbor, Mich., announced the recipients of its annual Scholarship Award. Emily Hilsabeck and Ariel Schepers were presented with $1,500 scholarships by President Mike Stevens at MidWest's annual meeting. A four-person committee reviewed the applications and selected the recipients based upon their academic achievements, community and...

  • Donations

    Community One Federal Credit Union, Las Vegas, concluded its annual United Way of Southern Nevada campaign by donating over $5,600. Employees could make donations during the campaign through payroll deductions or by participating in events over the two-week fundraising period. Employees purchased eBingo cards to participate in online bingo throughout...

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