ATLANTA - A new alliance between Manheim, the largest automotive remarketing company, and TitleAuctions, a leading developer of retail Internet auction platforms, has given credit unions nationwide the opportunity to seamlessly leverage the retail and wholesale remarketing channels to optimize repossessed vehicle resale results. TitleAuction's Mark Coleman, president and CEO,...

Two things struck me during my Senate confirmation process. First, many Senators reminded me that the agency has been criticized as a "cheerleader" for the credit union system. Second, they inquired, "How do you intend to remain independent and focused on safety and soundness?" I viewed these questions as windows...

RALEIGH, N.C. - "Send us your momma, we'll treat her right." That's a common phrase down in North Carolina among the dedicated employees' of State Employees Credit Union where Jim Blaine has led the $13 billion CU since 1979. Blaine, a self-proclaimed credit union fanatic, is Credit Union Times' 2005...

SHREWSBURY, N.J. - The bankers are feverishly pushing to get credit unions taxed. Credit union trade associations are just as feverishly fighting to protect the cherished credit union tax-exemption. So just what would happen if one day credit unions had to pay taxes? Credit Union Times posed this question to...

Among the several essential reforms contained in The Credit Union Regulatory Improvements Act, perhaps none is more essential than the provision to modernize credit union capital standards. You've probably heard a variety of reasons as to why it's so important. I'd like to distill those reasons down to three major...

WASHINGTON - It's been four months since CUNA announced the creation of the credit union industry's billion-dollar mortgage lending initiative, the Home Loan Payment Relief (HLPR) program. While some CUs have put their arms around the initiative, others are coming on-board slower than supporters would like to see. As of...

MidWest Financial Credit Union and UMHS Financial Credit Union, Ann Arbor, Mich., have donated shoes to help some 116 local children in need through its Shoes That Fit program. In addition to asking members for donations, the credit union partnered with Clear Channel and University of Michigan Health System to...

LYNCHBURG, Va. - Rick Pillow has been involved with AACUL since 2000 when he succeeded Eugene Farley as president/CEO of the Virginia Credit Union League, and served on many of the association's committees and task forces. Now he's become chairman of the association at a time when the credit union...