Credit Union Times Magazine December 21, 2011

Front Page News

  • Demonstrating the CU Difference

    Bonus dividend payouts are a true differentiator for credit unions as they compete against banks, and in a year when big banks made headlines for proposing unwanted fees, year-end member cash rewards carry even more weight for CUs looking to stand out in the marketplace.

  • Catalyst Corporate Wins Bidding For Western Bridge

    The email from the NCUA to current Western Bridge members summed it up. “The National Credit Union Administration Board awarded Catalyst Corporate Federal Credit Union (Catalyst) the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge).”

  • CUs in Heartland Breach Suit Get Setback in Court

    A federal judge has dismissed most of the complaints financial institutions, including credit unions, brought against Heartland Payment Systems for its January 2009 card data breach.


Editor-in-Chief's Column


News Briefs

  • N.Y. Boosts Conversions

    At the behest of New York Gov. Andrew Cuomo, the state’s top regulator is openly encouraging more federal credit unions to convert to a state charter.

  • Card Promotion Leads to a Record

    The 220,000-member, $5.4 million San Diego County Credit Union reported that a debit card promotion tied to Bank Transfer Day wound up doubling the number of accounts the CU usually opens.

  • PenFed Teams Up With Marine Corps League

    The $15.1 billion Pentagon Federal Credit Union and the Marine Corps League have announced that the former is now the latter’s exclusive, preferred financial services affinity partner.

  • Corporate Central Board Chair Retires From Altra FCU

    Corporate Central Credit Union announced that Gerald Forsythe has retired as board chairman and from his post as CEO of the $843 million Altra Federal Credit Union of La Crosse, Wis.

  • Passageways Social Site Notches First Year

    More than 650 people have shared 500 answers and viewed pages more than 13,000 times in the first year of a social collaboration portal for clients of Passageways LLC, the company says.

  • NAFCU’s Tech Show Set for February

    Engaging consumers where they are now and in the future will be key topics at NAFCU’s 2012 Technology and Security Conference set for Feb. 14-16 at the MGM Grand in Las Vegas.

  • BofA in Last Place

    A failed attempt to charge a monthly debit usage fee contributed to Bank of America being ranked last in a customer satisfaction index.


Year In Review

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