Credit Union Times Magazine April, 24 2013

Featured Story

  • Leveraging Conflicting NCUA Opinions

    The NCUA has contradicted itself regarding the basis of a member’s lawsuit against the $161 million St. Helens Community FCU of St. Helen, Ore., and the examples of those contradictions are documented and working their way into court.

  • Tax Worlds Collide on Capitol Hill

    Tax reform debate began in earnest for credit unions April 11, when representatives from CUNA and NAFCU were called to Capitol Hill to plead their case for preserving the industry’s tax exemption before a House Ways and Means Committee working group.

Front Page News

NACUSO

Editor-in-Chief's Column

  • Work Fundamentals Until You Ache – And Win

    Joe Montana paid homage to his father during his address last week at NACUSO’s annual conference. His father wasn’t a big jock, but he could work the fundamentals with him, like tying a tire swing up in a tree–not to swing on–but to throw the football through. His father would...

News

  • Banks Close Credit Union Correspondent Accounts

    As many as 30 credit unions in West Virginia and Ohio have been scrambling to establish new correspondent vendors after a regional and national bank terminated their accounts over the past few weeks.

  • Real Engagement May Help Curb Recurring Board, Credit Union Issues

    If credit unions want to stay two steps ahead of their competitors, a lofty yet doable goal is ensuring that their boards, supervisory committees and auditors put their differences aside and get on the same page

  • Donations

    Fort Campbell Federal Credit Union, Clarksville, Tenn., employees have been busy for charity. They donated their time and talent to help three worthy causes: the Christian County Heart Walk, Empty Bowls and Bowl for Kids’ Sake. They raised $2,875 for the American Heart Association’s annual Heart Walk event held at...

  • CO-OP Patent Win

    CO-OP Financial Services said that its provider of remote deposit capture software, Ensenta Corp., has been granted patent protection for its risk mitigation software.

  • Director Hamilton Leaves 70-Year Volunteer Career

    Elizabeth Hamilton is stepping down from 70 years of service to the credit union industry, marking the end of her tenure as the longest-serving credit union volunteer in U.S. history, according to the North Carolina Credit Union League.

Opinion

  • Back to When Boards Were Valued

    Today, too many executives view their boards of directors as a cost of doing business instead of the strategic asset these groups of experienced leaders can and should be for their organizations.

  • Safe Environments for ATMs, Night Depositories

    While exterior ATMs and night depositories offer convenience and easy access, security should be a primary concern to keep customers safe. Incidents of crime can have an impact from a brand reputation and liability perspective with lasting repercussions. Since there are no federal laws and regulations in only 13 states,...

People

  • People

    Securityplus Federal Credit Union, Baltimore, announced the hiring of John Godwin as the new chief operating officer. Godwin joined Securityplus FCU ­after a 12 year career at MECU of Baltimore, where he served as vice president – business development/strategic alliances. During his tenure, MECU increased its number of select employee...

Briefs

  • Obamacare Fee Analysis

    The new Patient Protection and Affordable Care Act health insurance fee could add about 1.7% to the cost of commercial coverage from a profit plan in 2014.

Letters to the editor

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