Credit Union Times Magazine May-28, 2008


Front Page News

News Briefs

  • Risk-Based Capital Is 'Well Overdue': Cuevas

    BOISE, Idaho -- The time for risk-based capital "is well overdue" for credit unions and conditions are improving for passage perhaps in a year, according to former NCUA aide Kirk Cuevas.

  • Hampel Voices Positive Outlook

    WASHINGTON -- CUNA Chief Economist Bill Hampel, appearing on Bloomberg TV, expressed an overall positive view of the future for the economy, saying that next year will be a very important year for growth.

  • Bethpage Sponsors Fonz Book Signing

    HUNTINGTON, N.Y. -- Bethpage Federal Credit Union partnered with Book Revue, an independent bookstore in Huntington, N.Y., to sponsor author events throughout the year. This months author event featured actor, producer and author Henry Winkler.


  • CUES Announces GMA Award Winners

    MINNEAPOLIS -- It was a big night for marketers as 2008 CUES Golden Mirror Award winners were announced during the recent CUES Experience: Immersion Learning for Marketing, Technology & Operations Leaders conference.

Special Report


Publisher's Column

Quotes Worth Quoting

On-Site Conference Coverage


  • People

    EASTEight Franklin Mint Federal Credit Union, Broomall, Pa., announced that its employees were acknowledge for participating in a successful 2008 Volunteer Income Tax Assistance program in the City of Chester. The VITA program provides free income tax preparation to low income taxpayers. Eight Franklin Mint volunteers were recognized along with...

Letters to the editor

  • You Don't Have to Be 'Truly Ignorant' To Be Financially Illiterate

    I thought CUVA CEO Laura Enock's opinion piece (CU Times, April 23, 2008, page 16) was very provocative. While I don't agree 100% with what she said or how she said it, I do agree that it takes more than education. It takes personal responsibility and motivation and self discipline,...

  • Responsibility Is Important, but Better Financial Education Is Imperative

    It was with great interest that I read Laura Enock's op-ed regarding our country not needing financial education--only financial responsibility. Not only was your piece misguided and the tone condescending, it is also offensive to anyone who teaches financial education or has ever had a financial problem. In my 11...

  • Federally Insured CUs Pay for Wealthy Members' Moral Hazard

    As thoroughly reported in Credit Union Times, the financial condition of the California-based and recently conserved Cal State 9 Credit Union continues to deteriorate. The National Credit Union Administration's handling of this state-chartered, federally insured institution raises an important public policy question. Is the NCUSIF purposely or inadvertently using conservatorships...

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