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Conference Coverage
On-Site Coverage: CA and NV League Speakers Predict CUs Will Gain Strength
November 17, 2009
LAS VEGAS — The California and Nevada Credit Union Leagues found a positive message with which to open the trade associations’ annual meeting: what doesn’t kill us will only make us stronger....
On-Site Coverage: CUs Exist to Serve When Markets Fail
November 17, 2009
LAS VEGAS — Serving consumers when the markets fail is the reason credit unions exist, Callahan and Associates President/CEO Chip Filson told California and Nevada Credit Union League annual meeting attendees this morning in a general session....
On-Site Coverage: Hot Topic Sessions Draw Crowds on Final Day
October 21, 2009
CHICAGO — Conference planners don’t typically expect a packed house on the final day of a three-day event, but this morning’s sessions drew standing-room-only crowds at the AICPA’s National Conference for Credit Unions here....
On-Site Coverage: NCUA Writing New Supervisory Letters
October 20, 2009
CHICAGO — The NCUA will release new supervisory letters by early 2010 that will address earnings, concentration risk and member business lending. ...
On-Site Coverage: SECU Touts High Touch Mortgage Modification Program
October 20, 2009
CHICAGO — Randy Partin, senior vice president of audit services at State Employees’ Credit Union said that his managers are required to meet in person with each and every member more than 30 days past due on a mortgage loan....
On-Site Coverage: Hyland Estimates CUs Safe Budgeting for 15 to 30 BP 2010 Assessment
October 19, 2009
CHICAGO — Credit unions should be safe budgeting for a 15 to 30 basis point NCUSIF stabilization assessment in 2010, NCUA Board Member Gigi Hyland told her AICPA National Conference on Credit Unions audience here this afternoon....
On-Site Coverage: CU Key Measures Will Improve Slightly in 2010
October 19, 2009
CHICAGO — Forecasting credit union key measures for year-end and 2010 is a “visceral” and “from the gut” process these days, CUNA top economist Bill Hampel told AICPA National Conference for Credit Unions attendees here....
On-Site Coverage: Good Doc Management Can Cut Operational Expenses by 20%
October 09, 2009
SAN DIEGO – A functional document management system can reduce operational costs by 20% and improve employee productivity by 30%. ...
On-Site Coverage: New Card Regs Will Cost 150 to 200 BP
October 09, 2009
SAN DIEGO — New credit card regulations, in effect February 2010, will outlaw 1.5 to 2 basis points of revenue on today’s account, PSCU Financial Service’s Tom Chandler and Chris Joy said....
On-Site Coverage: Culture or Regulation, Which is to Blame?
October 08, 2009
They may diverge on the correct means to the end, but this morning’s Credit Union Times Best Practices Conference keynote speakers did agree that financial cooperatives have an unprecedented opportunity to redefine their culture and capture market share....
On-Site Coverage: Fundamental Foreclosure Problem Is Policy More Than Process
October 02, 2009
LAS VEGAS ― A leading loss mitigation executive told participants of the American Credit Union Mortgage Association meeting that the nation will need to correct its mortgage policy in order to stop ongoing waves of foreclosures....
Economic Debate Driving Southwest Corporate Conference Sales
October 02, 2009
Is the economy recovering? Southwest Corporate FCU members want to know. According to spokesman Terry Young, registration for the corporate’s Oct. 27 and 28 Economic Forum is on pace to exceed last year’s record attendance of 450. ...
On-Site Coverage: ACUMA Hopes to Turn Bad Times Into CU Mortgage Growth
October 01, 2009
LAS VEGAS — Bob Dorsa, CEO of the American Credit Union Mortgage Association sees the potential irony in holding a mortgage conference in Las Vegas, one of the leading foreclosure cities in the U.S....
On-Site Coverage: ACUMA Seeking Position on Extending New Home Buyer Credit
October 01, 2009
LAS VEGAS — The American Credit Union Management Association is soliciting its members about the position the association needs to take on a legislative proposal that would extend the $8,000 new home buyer tax credit. ...
On-Site Coverage: Rising Mortgage Profile Making Credit Unions Greater Fraud Risk
October 01, 2009
As credit unions have increased their share of the mortgage market, they have also acquired a reputation for being relatively soft mortgage fraud targets, according to lending mortgage loan executive....