Credit Union Times Magazine February 26, 2014

Featured Story

Front Page News

  • Eyes on the Senate

    With less than a year to go before the 2014 midterm elections, credit union trade organizations are focusing their attention on key Senate races.

  • Reform Elusive in 2014

    The complexity of reforming the secondary mortgage market, combined with its risk and Congress' inability to compromise, are the three reasons industry lobbyists and housing experts don't expect its completion in 2014.

  • Push Continues on MBL Cap Increase

    The urgency to raise the MBL threshold is just as fresh when the current bill debuted last year on Valentine's Day.

News

Focus Report

Special Report

Editor-in-Chief's Column

Opinions

GAC

News Briefs

  • Rep. Gary Miller Retiring

    U.S. Rep. Gary Miller (R-Calif.) has announced he plans to retire from Congress at the end of his current term.

  • FBI Probes Failed CU in Minn.

    The FBI in Minneapolis is investigating the $51 million St. Francis Campus Employees Credit Union in Little Falls, Minn.

  • 25 Years as Chairman

    John Scott has resigned from the Board of Directors at Commonwealth Credit Union in Frankfort, Ky., after 36 years of service.

  • Ron Hance Plans Departure

    The $347 million Heritage Family Credit Union in Rutland, Vt., announced Tuesday that President/CEO Ron Hance will retire this fall.

  • HSA Contributions Up

    Workers with health savings accounts and health reimbursement accounts are getting a little help from their employers.

Briefs

  • PenFed Card Feted

    Credit.com recognized a PenFed credit card as the simplest credit card on the market.

  • Valentine's Day Boost

    On Valentine's Day, merchants saw a 19% increase in dollars spent compared to last year.

  • Back at Affinity Plus

    Bill Urick has returned to Affinity Plus FCU become the new chief operating officer.

  • Banks Reissue Four Million Cards

    Last year's card security breaches forced community banks to reissue more than four million debit and credit cards.

  • Three Core Conversions

    Three more credit unions announced their intent to change core processing platforms.

  • NCUA Touts Audits

    The NCUA's four permanent funds have received unmodified audit opinions for the year 2013.

Insurance/Investments

CEO's Corner

  • Ex-CEO Sentenced

    Anne Schaal, former president/CEO of Aurora Firefighters CU, will spend 30 days in jail for embezzlement.

  • Auto Delinquencies Drop

    Thirty-day auto loan delinquencies dropped from 2.72% in the fourth quarter 2012 to 2.63% in the fourth quarter of 2013.

People

  • People

    Read about new hires, promotions and other career milestones in the credit union industry.

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