Credit Union Times Magazine December-01, 2010

News

  • Few CU Winners in Tough Lending Times

    Only three credit unions were recipients of Excellence in Lending awards this year in large part because of a rough lending atmosphere.

  • Corner Office Moves at Calif. Bear, South Bay

    The Los Angeles-based California Bear Credit Union has tapped Vice President of Marketing/Business Development Robert York to be its new president/CEO.

  • Pentagon, USAA Tie Knot

    Members of the $14.7 billion Pentagon Federal Credit Union will have access to a range of investment and insurance products through a new partnership with USAA.

  • CUNA Lending Council Taps New Members

    The coming year's executive committee and officers for the CUNA Lending Council were recently named at the council's annual meeting in Las Vegas.

  • CD Money Funnels Into MMAs

    That meeting between the rate of a liquid account and of a term deposit called the liquidation point may be one of the reasons more money tends to flow out of CDs into money market accounts.

  • SE League Sets Ad Blitz

    The League of Southeastern Credit Unions is stepping up its efforts to reach a youthful audience in 2011 by launching a $2.1 million image campaign next April under the tagline "Credit Unions, We're Giving Banking a Better Name."

  • New Rules Merging Credit Unions Need to Know

    Anyone in our industry can tell you that more members are being served by fewer credit unions today.

  • Turkeys for Our Troops

    When the USO called for help to feed the multitude of troops remaining on Naval Air Station Pensacola during Thanksgiving, Pen Air Federal Credit Union was ready to help.

  • Corporates Create Payment System CUSO

    Credit unions may soon have another alternative for their payment system processing through a new CUSO scheduled for launch by the corporate credit union network.

  • Survey Finds Many Will Boost Holiday Spending

    This year, 57% of American consumers plan to spend as much or more than they did last year at the holidays -compared with 54% last year-according to a survey released by CUNA and the Consumer Federation of America.

Front Page News

News Briefs

  • Splat! Ga. CU Shows Its Colors

    Georgia Federal Credit Union's annual statewide Paintball Tournament to benefit the Credit Union Political Action Committee continued to be a popular alternative to the more traditional golf tournament fundraiser.

  • Burning Money Inflames Teens

    The Education Credit Union Council is now offering the "Burning Money" financial literacy curriculum to all U.S. high schools for free.

  • South Bend CEO Plans to Retire

    After 39 years of service at Teachers Credit Union, 23 as president/CEO, Richard Rice will retire effective June 25, 2011.

  • La Capitol CEO to Retire

    After 35 years in the financial sector, La Capitol Federal Credit Union President/CEO Susan Parry Leake will retire.

  • NEFCU COO Retires

    Longtime NEFCU Executive Vice President/Chief Operating Officer Michael Egan has retired.

  • Taleris Mourns Director

    Taleris Credit Union is mourning the death of longtime board director the Rev. James Thomas II.

Tech Bytes

  • ATM Vendors Working to Meet New ADA Mandates

    In March 2011 the Americans with Disabilities Act will require ATMs to offer voice-guided features making them easier to use for people who are blind.

  • Bluepoint Offers Corporate Lifeline

    Check 21 provider Bluepoint Solutions is offering more than a thousand natural person credit unions free upgrades and immediate transition to a direct license for its services in the wake of the troubles at WesCorp and Southwest Corporate.

  • IT Rebound In 2011

    IT spending in financial services should be strong next year across the globe, according to Ovum.

  • eDOC Signs Wis. CU

    eDOC Innovations said it has signed a 52nd credit union as a user of the document-management specialist's CheckLogic branch capture and electronic image forward collection processing system.

  • PSCU Beefs Up Collections

    An expansion of PSCU Financial Services' credit card collections service will increase the hours of calling and boost collections rates, the CUSO said.

  • CUNA Mutual Adds E-Signatures

    CUNA Mutual Group has added electronic signature capabilities to its widely used LOANLINER lending documents and loanliner.com online lending application.

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