Credit Union Times Magazine September-23, 2009
Featured Story
UFirst FCU Rethinks the Role and Responsibilities of Its Directors
The times are changing, and the UFirst Federal Credit Union Board is doing its part to adapt accordingly.
Front Page News
-
Credit Unions Receive Scant Attention at CRA Hearing
Although credit unions could be included in legislation to expand the scope of the Community Reinvestment Act,
-
NCUA Town Hall Produces Honest Talk
CLAYTON, Mo. -- NCUA outlined its thinking for a new corporate credit union regulatory framework, while at the same time asking credit unions to keep their deposits in corporates.
-
Overdrafts Return To Congress
As if credit unions don't have enough to worry about with the possibility of the creation of a new regulatory agency,
-
Governance Disputes Return to PSFCU
After a period of relative peace, it appears the board of the $1.23 billion Polish and Slavic Federal Credit Union has again begun to feud.
-
How Will Corporates' Bonds Perform?
Now that U.S. Central Federal Credit Union has released its 2008 audit, members can begin their own audit process and finally close the books on
-
Propping Up the Weak: Debate on NCUA Merger Policy Emerges After California Roundtable
The views of some California CEOs on a host of NCUA policies including mergers, prompt corrective action and risk management is generating some lively dialogue.
News
-
Intuit Continues Shopping Spree With Online Provider Mint.Com Buy
Marking its second major buy over the past few months, Intuit Inc. said it will purchase online personal finance provider Mint.com in a cash transaction worth approximately $170 million.
-
U.S. Central Audit Release Causes Confusion-and Member Consternation
The NCUA-managed U.S. Central Federal Credit Union released its 2008 audit late in the afternoon on Sept. 11 as NCUA Chairman Debbie Matz
-
No IRS Appeal on UBIT
In a key victory for credit unions, the Internal Revenue Service let last week's deadline for appealing the verdict against
-
Brutal Economy Leads Nevada Regulator to Issue Informal Desist Orders
Nevada credit unions were girding for more bad news this fall as regulators began to clamp down on balance sheet calamities
-
Skimmers and ID Thieves Plead Guilty
Federal law enforcement authorities on both coasts struck blows against both ATM skimming and credit card identity theft last week
-
Flat Stanley Has a Credit Union Competitor
Tempe Schools Credit Union is sending its newest credit union employee to travel the country in hopes of spreading credit union awareness.
-
Fryzel Reflects on His Tenure and Rues the Loss of 'Mr. Chairman'
ALEXANDRIA, Va. -- NCUA Board Member Michael Fryzel recently completed 13 months as board chairman during a tumultuous time for the economy
-
Calif. League Chair Defends Cheney's Half-Million Dollar Paycheck
Bill Cheney, president/CEO of the California and Nevada Credit Union Leagues, received $545,178 in salary and benefits
-
State League Says Georgia Credit Unions Continue to Beat Banks
Credit unions in Georgia continue to outpace banks with lower interest rates on loans and credit cards and fewer fees.
-
Charges and Countercharges Fly on Mutual CU Takeover
The dispute arising over an unusual court challenge of a politically charged conservatorship
-
Court Grants Texans Insurance CUSO Bankruptcy Relief
A court has approved all of the motions requested after Texans CUSO Insurance Group LLC filed for Chapter 11 bankruptcy
-
NAFCU Features Regulators and Lawmakers
All three NCUA Board members, several other regulators and key lawmakers on issues related to credit unions
News Briefs
-
Sports Authority Joins CU
Sooper Credit Union's newest select employee group is retail giant Sports Authority,
Departments
-
You May Never Want to Leave: CEOs Share Their CU Journeys
Nowadays it's rare when an employee spends his or her whole career at one company. For credit unions, it just another aspect of the industry that sets it apart from the rest.
-
Branching Out
Mountain America Credit Union, Salt Lake City, opened its newest branch in West Jordan and celebrated with a grand opening.
Special Report
-
CUES to Launch Online Resource That Will Blend Theory and Experience
The Credit Union Executives Society has unveiled plans to provide credit union boards a one-stop online resource.
-
Chairmen's Group to Meet in Oct.
Given the economic turmoil and challenges of the past year, there's bound to be plenty to discuss at this year's 33rd annual
-
How to Get the Board Members You Want and Your Credit Union Needs
There are many great credit union boards in our movement today. However, a number of board directors have privately complained to me
-
Wright Patman Names Chairman
Wright Patman Congressional Federal Credit Union announced the election of James Kaelin as chairman of its board.
Editor-in-Chief's Column
-
CUs Need to Mobilize as Furiously as Lawmakers
It's September. Kids are back in school, Congress and NCUA are back in session, and the weather here can't make up its mind.
Letters to the editor
-
Say No to Overdraft Fees Because Courtesy Pay Does Not Encourage Thrift
Is "courtesy pay" really a courtesy? As long as I have been in credit unions, conventional wisdom has said there are only two reasons to charge a fee:
Opinion
-
An Early Halloween: Goblins of Past Legislative Reforms Haunt NAFCU
As we gather for NAFCU's 2009 Congressional Caucus, it seems that many ghosts of legislative reforms past are coming back to haunt us.
Quotes Worth Quoting
-
Quotes Worth Quoting
"It is neither right nor responsible after you've recovered with the help of your government
People
-
People
NORTH - Finger Lakes Federal Credit Union, Geneva, N.Y.,
In Memoriam
-
Two N.Y. Leaders Pass
The New York credit union community is mourning the death of two longtime leaders-Alfred J. Mariani and Richard K. Moore.
- The 4 Major Designs of the $100 Bill (Slide Show)
- Anonymous May 7 Target List Includes 12 Large Credit Unions
- Theresa Portillo Sentenced to 6½ Years in Prison for Looting Feminist CU
- WesCorp’s Legacy Losses Outpace Other Corporates
- Stacie Wyss-Schoenborn Seeks Innovation One Step at a Time: Women to Watch
Resource Center
View All »
Measure and Monitor the Risks and Opportunities in Loan Portfolios
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...










