Credit Union Times Magazine September-08, 2010

Front Page News


News Briefs

  • N.Y.'s SEFCU Buys Mortgage Originator

    The $2 billion SEFCU credit union, headquartered in Albany, N.Y., has purchased an area mortgage origination firm to expand its mortgage offerings.

  • 1st Financial Promotes Nelson to Top Spot

    Frank Nelson, president for the last year of the $220 million 1st Financial Federal Credit Union, Wentzville, Mo., has been promoted to CEO. He replaces Nina Pilger, who left the CU last month.

  • Matz to Address Oregon Credit Union Executives

    NCUA Board Chairman Debbie Matz will hold a town hall meeting with Oregon credit union executives and will address

  • Cardinal Community Credit Union Names CEO

    Cardinal Community Credit Union has tapped former KPMG Peat Marwick Senior Manager Christine Blake to be its new president/CEO.

  • SECU Donates $5M

    State Employees' Credit Union members have once again demonstrated the value of credit unions by helping make a new cancer center in Western North Carolina a reality.

  • Credit Union Times Welcomes Web Editor

    Credit Union Times has added a new member to its team. Marygrace Murphy has joined the staff as assistant editor starting Sept. 7.


Editor-in-Chief's Column


Letters to the editor

  • Members Can Not Afford To Lose Small Church CUs

    Merger is a dirty word in the world of small credit unions-the definition here being under $10 million-and frequently relating to church credit unions that may or may not be community development credit unions.

  • WOCCU Recognizes Women's Issues

    I read your Aug. 18 editorial, "Women's Issues Are Not Just Women's Issues," with great interest.


Focus Report

  • New iPhone App Offers Locations of Free Maine ATMs

    Maine credit union members who use iPhones now have access to an app that can help them locate surcharge-free ATMs nearby.

  • Allpoint Announces Deal With Kroger

    Credit unions belonging to the Allpoint network will now be able to offer their members fee-free ATM access at 800 Kroger stores across the country, according to Allpoint owner Cardtronics, the largest independent ATM deployer in the country.

  • When Requesting Vendor Proposals, Do It the Right Way

    Repeated regulatory assessments, increased credit risk, drops in key revenue sources and increasing compliance burdens are all making it harder than ever for credit unions to stay healthy and continue to serve members. To meet these

  • Merchants Leading Cause of Card Fraud, Credit Unions Say

    Credit unions responding to NAFCU's August Flash survey reported that merchants were the leading source of the credit and debit card fraud attempts they were seeing.

  • One-Third of Western European ATM Markets Shrank Last Year

    A market research firm in London has reported that one-third of western European ATM markets shrank last year, a trend that some ATM analysts privately worry could happen in the U.S. as well.

  • Credit Processing Solution Choices

    With the current economic environment and recent legislative enactments, credit unions are under increasing pressure to find new sources of revenue and maximize existing sources.

  • Card Offers Up, Research Firm Says

    A market research group that specializes in tracking card data said consumers are putting more on their credit cards now than at any time after the start of the economic downturn.

  • CU 24 Announces a Strong 2Q

    Credit Union 24, one of two nationwide credit union-owned ATM and EFT networks,

  • CO-OP Lands $5.6 Billion Credit Union

    CO-OP Financial Services has announced that the $5.6 billion Security Service Federal Credit Union will join its popular surcharge-free ATM network.

  • CommunityAmerica CU Goes With PSCU Financial Services

    The $1.8 billion CommunityAmerica Credit Union has chosen PSCU Financial Services to process its credit card, signature debit card, PIN debit card and ATM transactions, the payments CUSO has announced.


  • People

    GrooveCar Inc., Hauppauge, N.Y., named Domenick Pupo director of business development. Pupo holds more than 20 years experience in the retail


  • Donations

    Financial Center, Indianapolis, has raised more than $26,000 for the American Red Cross, contributing to the Haiti earthquake relief effort.

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