Credit unions and their trade groups appear to be voicing support for the NCUA plan to allow credit unions to prepay some of the cost of the bailout of corporate credit unions.
Credit unions got a bit of good news when the Federal Reserve reversed itself and announced that debit interchange fees will be capped at 21 cents a transaction, up from the original proposal of 12 cents, with a 1 cent fee for fraud prevention and a five basis point allowance...
Beginning next year, NCUA examiners will expect credit unions to be following a tougher new set of guidelines for securing online banking and money transfers.
NAFCU and CUNA are urging lawmakers to ensure that there is some federal guarantee in the secondary mortgage market but differ on how to achieve it.
At 101 and with a recent bride, Harry Hahn, director of Erie Federal Credit Union in Erie, Pa., has certainly earned the right to rest on his laurels a bit when it comes to industry service.
Two credit union service organizations and three credit unions were among defendants named on June 23 in a patent lawsuit brought by London-based technology vendor Serverside Group.
SAN FRANCISCO — The U.S. Army's top financial official thanked credit unions for their service to the military but warned that cuts in the defense budget could reduce their customer base.
Sundie Seefried , the CEO of Partner Colorado Credit Union, is sick of it and made it plain that she for one is not going to take the blame for hurting small credit unions.
During the first five months of 2011, CUNA’s political action committee received $502,266 in contributions toward its efforts to influence the outcome of political campaigns, and NAFCU’s fundraising efforts netted $53,669, according to reports filed with the Federal Election Commission.
For Polish-born Oskar Mielczarek, the new CEO of the 72,000-member, $1.4 billion Polish & Slavic Federal Credit Union, taking the helm at the CU means helping Polish & Slavic balance its traditional leadership and service role in the Polish-American community with the need to evolve into a 21st century financial...
One the executives whose work helped establish check imaging in the U.S. warns that more credit unions need to pick up the technology or risk a competitive disadvantage with banks.
What do our loyal Credit Union Times readers want from us? What would it take for you to recommend Credit Union Times to your colleagues?
I hear a number of concerns from credit unions today: external forces such as slowing loan growth, squeezed margins, evidence of compliance and financial regulation bills are challenging business as they look for new ways to drive growth.
Credit unions talk a lot about gaining share of wallet. So when Google recently announced its new mobile payment system, branded Google Wallet, this got me thinking about what happens when our member’s wallets go virtual? For some, the idea of using your cell phone to check out at the...
This letter is in response to the article on Pennsylvania’s credit union awareness, iBelong campaign [cutimes.com, June 23].
Henry Wirz wrote an excellent letter regarding the fallacy of term limits for credit union directors [CU Times, June 8, page 11]. He made the argument that there were better ways to select and replace directors in credit unions and that one of those better ways was a good evaluation...
For the fourth consecutive year, Bethpage Federal Credit Union’s president/CEO has been named to the “Power List” as one of the “50 Most Influential Long Islanders of 2011” by the Long Island Press.
STCU Credit Union has tapped 30-year banking veteran Michael Ostowski as its new president/CEO.
Is the latest marketing buzz around quick response codes indicative of a growing trend or just the latest fad?
For credit unions and banks vying to be the primary financial institution, understanding and delivering products and services based on consumers’ needs has always been a priority.
As the challenges faced by marketers continue to rise, so do their responsibilities.