Credit Union Times | Accurate and Timely CU News

Budget Cuts Should Begin With Efficiency Analysis

By Heather Anderson

NEW ORLEANS -- After regulators told TruWest Credit Union to either reach positive ROA by June or budget using last year's expenses, TruWest Credit Union Senior Vice President Jason Scott made the difficult choice to eliminate 12 full-time positions.

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Alabama CU Opts for Trust Services Partnership

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CUNA Mutual Restructures Target Retirement Date Funds

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Credit Union Management Stories

May 20, 2010

CUNA Mutual Implements Tennessee Flood Waiver

In line with a long-standing disaster practice, CUNA Mutual Group is giving a payment break to Tennessee policy holders who are victims of the flooding nearly three weeks ago.

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May 20, 2010

CUNA Mutual Completes CPI Account Transition

Several hundred tracked collateral protection insurance credit union accounts were recently transitioned from CUNA Mutual Group to State National Companies, CUNA Mutual said today.

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May 19, 2010

Poor, Underserved, Target of CU Investor Project

The underserved and poor individuals who may find it hard to save for retirement will receive help through an investment project from the Wisconsin Credit Union League.

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May 18, 2010

Premier Debuts Wal-Mart Branch Today

The $326 million Premier Members Federal Credit Union of Boulder, Colo. made an industry claim today-Colorado's first CU-operated branch to open in a Wal-Mart store.

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May 18, 2010

Regulators Find No 'Fat Finger' Errors in Market Drop

The SEC and the Commodity Futures Trading Commission said a preliminary review showed that there were no "fat finger" errors, computer hacking, or terrorist activity involved in the May 6 market drop.

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May 17, 2010

On-Site Coverage: CUNA Will Prepare Own Corporate Loss Estimate

NEW ORLEANS - CUNA will prepare a corporate loss estimate report that will be made public within the next two months. Chief Economist Bill Hampel made the announcement this morning during the trade's CFO Council Conference general session.

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May 17, 2010