Credit Union Times Magazine September 12, 2012

Featured Story

  • Isaac Prods Insurers to Shift Into Proactive

    Hours after the Navy destroyer USS Cole was bombed in Yemen on Oct. 12, 2000, killing 17 American sailors and injuring 39, the families of members of Navy Federal Credit Union likely didn’t know that much more was going on behind the scenes on their behalf.

Front Page News

News

Editor-in-Chief's Column

  • Editor’s Column: Dirty Data Dumps on Credit Unions

    In the aftermath of the NCUA’s release of second-quarter data, several interesting pieces made their way to my inbox last week. One analysis that stirred quite a bit of debate came from The Financial Brand, stating that if current merger and closure trends continue, there will be half the...

News Briefs

  • Recall of Directors Fails in Oregon

    A recall move against five board members in the wake of a dropped merger bid at St. Helens Community Federal Credit Union has failed last week.

  • NCUA Bans Three

    The NCUA has banned three more former credit union employees from participating in the affairs of any federally insured financial institution.

  • Cetera Financial Has New Brand Structure

    Broker-dealer and registered investment adviser Cetera Financial Group has announced a new brand structure that will impact a firm that counts credit unions among its clients.

  • CUSN Expands Its Offerings

    Shared branching provider CU Service Network is offering its client credit unions several new services through CO-OP Financial Services.

  • CUANY Announces Keynote Speaker for Econ Forum

    The Credit Union Association of New York will be holding its first Economic Forum Nov. 1-2 in Albany, N.Y., at the Desmond Hotel & Conference Center. The event, which is open to attendees from multiple states, aims to provide credit union leaders with information on business strategy, economics and investing.

  • Member One FCU Aids Wounded Vets

    The $595 million Member One Federal Credit Union is a lead sponsor of a run-walk event that will be an inaugural fundraiser for a new organization created to help wounded veterans in the Roanoke, Va., area.

  • Mountain Credit Union Signs Up Voters

    The $143 million Mountain Credit Union in Waynesville, N.C., is taking part in the political process in a most bi-partisan way, hosting voter registration drives.

  • Trunzo Named President of CMFG Life

    Robert N. Trunzo has been promoted to president of CMFG Life Insurance Co. at CUNA Mutual Group. Trunzo will be responsible for the products, distribution and service of the company’s U.S. credit union businesses as well as its 401(k) business, according to CUNA Mutual.

Opinion

  • Guest Opinion: Branches Trumped by Experience

    There is certainly no shortage of experts willing to prognosticate on the future of the retail bank branch. For well over a decade, the futurists have generally aligned themselves around one of two sides of the debate. Those predicting the end of the branch as we know it, and those predicting...

  • Gen Y Back Talk: The Power of Face-to-Face

    It’s no secret that Gen Y is plugged in 24/7. We use the Internet for everything from shopping to job searching to apartment hunting. Even dating and making new friends is commonly initiated via cyberspace. While we can’t imagine a life without our laptops, tablets and smartphones, it’s also a...

  • Guest Opinion: Lessons From the Health Care Debate

    A few weeks ago, I attended a regularly scheduled board meeting at a credit union. The CFO was delivering his financial report that included the line item reflecting the cost for employee health care. There was a discussion about this important issue and the impact it was having on the...

  • Guest Opinion: Overregulation Is Killing the Recovery

    Overregulation is not just choking credit unions, it is choking our economy.

  • Guest Opinion: Dark Clouds Hover Over Dual Chartering

    It was the year 1909 when Pierre Jay, the first banking commissioner of Massachusetts, was successful in getting the first credit union act passed in the commonwealth. Many other states followed suit, and then in 1934, the Federal Credit Union Act was enacted, establishing a federal charter and a choice...

Tech Bytes

Letters to the editor

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