Credit Union Times Magazine December 12, 2012

Technology’s 2013 Anthem: We Will Rock You

By Robert McGarvey

In just a very few years, credit unions have become persuaded that they need to play in the technology arena. And a related reality is the spreading belief that “technology may allow smaller institutions to very successfully compete against much larger ones,” said Tony Rasmussen, a senior vice president at...

Half Grapple With Little or No Growth

By Michelle A. Samaad

As 2012 comes to an end, many credit unions marked another momentous year when it came to growing their member rosters.

Gift Cards via ATMs

By David Morrison

Banner Federal Credit Union hopes the addition of new card technology will help draw more members and nonmembers to its 11 ATMs.

Late 2013 for New Rules

By Heather Anderson

The NCUA’s proposed rules on emergency liquidity, CUSOs and loan participations aren’t likely to be finalized until late 2013, if at all next year, said Deputy Director of Examination and Insurance Tim Segerson.

Changed MBL Landscape Prompts Northeast Shut Down

By Michelle A. Samaad

While it might have been a surprise to most in the member business lending world when word came that the seven-year-old Northeast CUSO would be shutting down, the timing actually could not have come at a better time.

Alliant Looks to LPL to Expand Investment Footprint

By Michelle A. Samaad

With a retail investment portfolio of $135 million in assets under management, Alliant Credit Union said it is poised to grow even more.

New CU Serves Skeptics

By David Morrison

When it began operations and went online last week, the first and maybe only federal credit union in the nation with a part-time competitive rodeo rider as a manager opened its doors.

Society and Credit Unions Have Come a Long Way, Baby

By Candice Reed

In the early 1970s, a large group of women across the country who were tired of the double-standards of lending practices and discriminatory financial laws decided to take matter into their own hands.

Members Toot Their Own Horns

By Candice Reed

Being approved for a car loan or a mortgage is always great news, but a loan for a xylophone or a movie camera is almost unheard of. Or is it?

Economy Aside, Credit Unions Aid Cash-Strapped Charities

By Eileen Courter

If you think it’s tough trying to pare down your holiday gift list, consider the task faced by credit unions scanning a long roster of deserving causes and deciding who to support.

Capital and Capitol Conundrums

By Sarah Snell Cooke

Sometimes things you didn’t think would affect you sneak up on you by surprise, whether out of nowhere or ignorance or you’re merely preoccupied with other things.

Thrive by Asking How, Not Whether to Serve

Throughout history, credit unions have attracted the most members and achieved the most member loyalty when economic times have been toughest.

CUs, Cards and the New Mobile World

For more than a generation, plastic cards have been the de facto on-ramp to the payments highway. With the widespread adoption of smartphones and other mobile devices, how will the use of plastic cards change?

People 12-12-12

Halleck Re-Elected

Teresa Halleck, president\CEO of San Diego County Credit Union has been re-elected chairman of the board of the California Credit Union League.

Bellco’s Denver Theater

The $2.2 billion Bellco Credit Union in Greenwood Village, Colo., is the new naming rights sponsor of the Colorado Convention Center’s 5,000-seat concert theater in Denver, replacing Wells Fargo.

Tew to Chair Nevada League

Wayne Tew, president\CEO of Clark County Union in Las Vegas, was elected chairman of the Nevada Credit Union League.

Hirsute Days in Central Pa.

November got a little hairy at Service 1st Federal Credit Union in Danville, Pa. In order to raise awareness of prostate and testicular cancer, Service 1st introduced “No Shave November,” a program to get employees involved in raising awareness and money for the Prostate Cancer Foundation.

Calif. CU Merger Approved

The member of Safeway Los Angeles Federal Credit Union have voted to approve a merger with Xceed Financial Credit Union. Supported by both credit unions’ boards of directors and management, and recently approved by the, the merger will take effect on Dec. 31.

Reg O.K. on Mich. Merger

First Catholic Federal Credit Union and Michigan Catholic Credit Union recently gained regulatory approval to merge. The merged credit unions will assume the new name of Alliance Catholic Credit Union.