Elevations Credit Union has experienced a "leap of operational efficiency" since it began using workforce optimization technology in its contact center.
The recession and the financial problems of many credit unions are continuing to take their toll on CUNA,
Two credit unions sold relatively large card portfolios to FIA Card Services last quarter,
Waiting on a shipment one muggy afternoon last week, Francis Jamiel was in good spirits that day, a far cry from how he felt a few months ago.
If absence makes the heart grow fonder, those who are restructuring the way the financial services sector is regulated must love the NCUA.
After a whirlwind of activity on financial services issues this year, Congress' attention is turning to other issues such as health care and energy policy.
Not only did direct mail card offers continue their slide in 2008, more of the ones that hit consumers' mailboxes carried annual fees, according to Synovate, a market research firm based in Chicago.
As inquiries climb, the potential for more credit union mergers, both voluntary and supervisory, particularly in the four sand states is due for a big spike through 2010, two consultants agreed last week.
The Texas legislature has once again backed an independent regulator for credit unions.
Nevada credit unions are faring OK amid the state's deep recession, but problems in consumer loan portfolios lie ahead for banks and CUs, according to the state's top supervisor, George Burns.
During these economic times when spending money on branches may seem foolish, William Bily, vice president of design at design/build firm DEI, said credit unions need to think long-term and act accordingly.
As expected, there were a few wrinkles and some rough patches but not enough to stop REALTORS Federal Credit Union from making its online debut last month.
A recent Watson Wyatt survey found that more companies are turning to Web 2.0 technologies such as social networking tools, blogs and Webcasts for internal communications and as part of their overall technology mix.
Two California credit unions, Meriwest Credit Union and California Coast Credit Union, have created teams specifically devoted to modifying real estate loans headed for foreclosure.
The results of the latest Credit Union Times online voting poll show that, if there is a restructuring of the corporate credit union system,
The $1.2 billion Indiana Members Credit Union of Indianapolis said last week it completed a merger with the $13 million Marsh Employees FCU of nearby Fishers.
A new pilot savings program has fostered the opening of 6,000 new accounts at eight Michigan credit unions in just 18 weeks.
It all depends on what the meaning of recently is. Debbie Matz, President Obama's nominee for chairman of the NCUA,
Dollar Associates is discontinuing publication of Who's Who in America's Credit Unions after only one edition.
Southwest Corporate FCU gritted its teeth and ripped the Band-Aid off all at once in its newly released April 2009 financials.
Western Corporate Federal Credit Union's audited 2008 financials revealed that the industry's largest corporate lost more than 50% of its assets, from $31.6 billion at year-end 2007 to just over $14 billion as of Dec. 31, 2008.
The NCUA convinced most of the corporates that originally rejected its Temporary Corporate Credit Union Share Guarantee Program to give it a second chance. Only two wholesale institutions will not participate:
Democrats generally possess a penchant for consumer protectionism, and they now control Congress and the White House.
I always suspected that the problem with Ed Callahan was that as a youth he was beaten too often by nuns in parochial school or,
A Bay State service bureau has deployed a software add-on to the XP2 core processing system that it says can save its clients hundreds of hours when responding to the need to reissue thousands of cards.
Credit unions were the target of just over one-fifth of phishing attacks against American financial institutions recorded in March,
Passageways LLC said more than 100 attendees from about 50 financial institutions attended the intranet portal provider's fifth annual users conference at an Indianapolis hotel.
A computer dashboard working behind the scenes in Austin, Texas, is helping Sacramento Credit Union beat the competition with some of the highest checking account interest rates in California's competitive capital city market.
Wycom Systems has hired a 25-year credit union industry veteran as its newest sales executive.
Teachers Federal Credit Union, Farmingville, N.Y., announced that Jennifer Gunn has been named community development and public relations manager.
Funeral services were held in North Carolina last month for long-time CEO Roger Shelor, an industry champion who served the $332 million Carolinas Telco Federal Credit Union of Charlotte for 44 years. Shelor was 78.
ATLANTA -- Amid the mortgage crisis, credit unions doubled new mortgage originations last year, boosting their precentage of marketshare from 2% to 4%.
ATLANTA -- Homes are more affordable than they have been since the 1970s, and more people are paying down debt. That's the good news.
ATLANTA -- School was certainly in session during Tom Bowers' presentation at the Georgia Central Credit Union Economic Symposium last week.
ATLANTA -- A rise in interest rates could be the unwanted consequence of the Federal Reserve selling mortgage-backed securities to pull the nation into a recovery.
State Employees Federal Credit Union, Albany, N.Y., donated $10,000 to Whitney M. Young Jr. Foundation,