Search Results

WASHINGTON-The Credit Union Legislative Action Council, the political arm of CUNA, slowed its political campaign contributions considerably over the August recess. Overall last month, CULAC disbursed just $58,416.56, less than it has in recent past months. CULAC doled out more than $80,000 in July. While it would not be unusual...

SPOKANE, Wash. - In an unusual move, Wheatland Bank here will sell one of its branches along with the customer deposits from that branch to Spokane Teachers Credit Union, but not the loans. The loans held by Wheatland's branch in Cheney here will remain with the bank, but the $6...

CU Times Overseas Correspondent London, U.K. - Money laundering is a concern for the Financial Services Authority here, but the regulatory body for United Kingdom credit unions told CUs they will not have to conduct a special review of their members' identities. However, this does not exempt them from establishing...

NONE

WASHINGTON-"Congress is truly listening to America's credit unions like never before," NCUA Chairman Dennis Dollar told attendees of NAFCU's Congressional Caucus last week who were awaiting visits with their lawmakers. Dollar told his audience that "the 13 (provisions in the regulatory relief bill) together make a very positive package." But...

NEW YORK - MasterCard and Visa have signaled that they are likely to appeal a Federal appeals court ruling that has said they must abandon their policy not allowing financial institutions which issue their cards from issuing the cards of other companies like American Express or Discover. In a press...

LOMPOC, Calif. - It isn't easy being a credit union human resource professional in California. In fact, the key to surviving seems to be found in the expression, "keep rolling with the punches." "The one thing you can depend on California for is to keep credit union HR professionals busy,"...

FEDERAL WAY, Wash. -John Annaloro sees the philosophy of the Credit Union Association of the West - an umbrella organization of the California/Nevada, Oregon and Washington credit union leagues - as similar to the "think globally, act locally" philosophy espoused by the environmental movement. Except in the CUAW's case, the...