{
"data": {
"slug": "credit-union-times-magazine-august-06-2003",
"title": "Credit Union Times Magazine-August-06, 2003",
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"articles": [
{
"uri": "/2003/08/05/ny-cu-foundation-debuts-on-web/",
"title": "NY CU Foundation Debuts on Web",
"summary": "LATHAM, N.Y. - The New York Credit Union Foundation (NYCUF) has nestled comfortably into its new home on the Web. Designed as a resource, the site can be accessed at both www.nycuf.coop and www.nycuf.org. The site features general information on the Foundation, grants, scholarships, disaster relief and the Community Investment...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "138",
"timeToRead": "1 minute",
"readtime": "1",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
"name": "Staff Writer"
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{
"uri": "/2003/08/05/ncua-shifting-toward-e-communications-with-cus-mbl-rule-being-carefully-considered/",
"title": "NCUA Shifting toward E-Communications with CUs; MBL Rule Being Carefully Considered",
"summary": "BOSTON-NCUA Vice Chair JoAnn Johnson announced a new cost-saving measure at NCUA at NAFCU's 36th Annual Conference. She noted that NCUA currently spends about $1 million a year distributing information to credit unions. If just 50% agreed to receive those communications electronically, the agency's savings would be substantial, Johnson observed....",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "420",
"timeToRead": "3 minute",
"readtime": "3",
"authors": [
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"webUrl": "/author/profile/sarah-snell-cooke/",
"name": "Sarah Snell Cooke"
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{
"uri": "/2003/08/05/scholarships-66/",
"title": "SCHOLARSHIPS",
"summary": "Chetco Federal Credit Union, Harbor, Ore., has awarded a total of $40,500 to several lucky high school scholarship recipients. This year's winners include Brian Seward, Robert Morin, Audra Loeber, Lena Hawthorne, Anthony Pagano, Katrina Parke, Cynthia Ramirez Salazar and Candace Fugate. Saugus Federal Credit Union, Mass., has awarded three high...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "369",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
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{
"uri": "/2003/08/05/cfa-survey-most-consumers-dont-understand-credit-reports-or-scores/",
"title": "CFA Survey: Most Consumers Don't Understand Credit Reports or Scores",
"summary": "WASHINGTON - A new survey conducted by Opinion Research Corp. for the Consumer Federation of America found that not only do consumers lack essential knowledge about credit reports and scores, but that low- and moderate-income Americans who tend to pay the highest price for credit and are most vulnerable to...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "660",
"timeToRead": "4 minute",
"readtime": "4",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
"name": "Staff Writer"
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{
"uri": "/2003/08/05/cuna-nafcu-ready-intervention-on-ncua-utah-suit/",
"title": "CUNA, NAFCU Ready Intervention On NCUA Utah Suit",
"summary": "WASHINGTON - Two of the industry's leading trade groups, CUNA and NAFCU, are planning to intervene on behalf of the NCUA against the July 15 Utah field of membership suit brought by the American Bankers Association. \"We're still working the issues, but the leadership of CUNA and NAFCU are committed...",
"byline": "Jim Rubenstein",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "736",
"timeToRead": "4 minute",
"readtime": "4",
"authors": [
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"webUrl": "/author/profile/jim-rubenstein/",
"name": "Jim Rubenstein"
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{
"uri": "/2003/08/05/di-rides-online-banking-growth-to-record-quarter/",
"title": "DI Rides Online Banking Growth to Record Quarter",
"summary": "CALABASAS, Calif. - Digital Insight Corp. said that the continued growth in online banking helped the e-commerce vendor notch record results in the second quarter of 2003. The provider of online banking services to more than 1,100 institutions recorded record net income of $37.3 million in the quarter ended June...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "163",
"timeToRead": "1 minute",
"readtime": "1",
"authors": [
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{
"uri": "/2003/08/05/woccu-caribbean-cu-movement-remembers-bruce-for-his-contributions-to-international-movement/",
"title": "WOCCU, Caribbean CU Movement Remembers Bruce for his Contributions to International Movement",
"summary": "SALEM, Ore. - Lorrell Bruce is being remembered by the World Council of Credit Unions and those he worked with at the Caribbean Confederation of Credit Unions for his dedication to expand the credit union movement and to leverage credit unions to improve the value of people's lives. Bruce died...",
"byline": "Staff Writer",
"kicker": "News",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "663",
"timeToRead": "4 minute",
"readtime": "4",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
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{
"uri": "/2003/08/05/eascorp-golf-tourney-raises-100000-for-childrens-hospital-boston/",
"title": "EasCorp Golf Tourney Raises $100,000 for Children's Hospital Boston",
"summary": "WOBURN, Mass. - EasCorp's commitment to the Children's Hospital Boston continues to be strong. The corporate's recent Credit Union Invitational Golf Tournament raised more than $100,000 for the hospital. EasCorp's Credit Union Invitational Golf Tournament is one of four 2003 events co-sponsored by the corporate and participating credit unions to...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "190",
"timeToRead": "1 minute",
"readtime": "1",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
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},
{
"uri": "/2003/08/05/expect-economy-boost-by-end-of-the-year-federal-reserve-bank-of-chicago-president-tells-cuna/",
"title": "Expect Economy Boost by End of the Year, Federal Reserve Bank of Chicago President tells CUNA",
"summary": "CHICAGO - Even though the \"road to recovery has been bumpier than expected,\" Federal Reserve Bank of Chicago President Michael Moskow is optimistic that the economy will regain momentum through the end of this year and into 2004. Moskow recently spoke to 130 attendees at CUNA's Economic and Investment Conference....",
"byline": "Michelle A. Samaad",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "824",
"timeToRead": "5 minute",
"readtime": "5",
"authors": [
{
"webUrl": "/author/profile/michelle-a-samaad/",
"name": "Michelle A. Samaad"
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{
"uri": "/2003/08/05/federal-regulators-provide-discount-window-guidance/",
"title": "Federal Regulators Provide Discount Window Guidance",
"summary": "WASHINGTON-NCUA and the other federal financial institution regulatory agencies issued guidance recently on the appropriate use of the Federal Reserve's primary discount window program in liquidity risk management and contingency planning. The guidance explains the Fed's discount window programs, including the new primary and secondary programs initiated in January. It...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "223",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
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{
"uri": "/2003/08/05/oregon-league-offers-vendor-guide-retainer/",
"title": "Oregon League Offers Vendor Guide, Retainer",
"summary": "SALEM, Ore. - Often saddled with processing and manpower expenses beyond their reach, small Oregon credit unions this month are being armed with two new tools from the Credit Union Association of Oregon to make their job easier: creation of a statewide vendor directory and the introduction of a legal...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "226",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
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{
"uri": "/2003/08/05/millennial-recession-is-one-of-the-mildest-and-harshest-intellectual-revolution-is-here/",
"title": "Millennial Recession is One of the Mildest and Harshest; Intellectual Revolution is Here",
"summary": "BOSTON-Economist Lester Thurow described America's most recent recession as one of the mildest, yet harshest in recorded history. While the recession can be considered one of the mildest ever, it has been one of the highest in job losses since the Great Depression. America is losing 400,000 jobs every three...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "359",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
{
"webUrl": "/author/profile/sarah-snell-cooke/",
"name": "Sarah Snell Cooke"
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{
"uri": "/2003/08/05/bankers-policy-amendment-recommendation-for-ncsl-handily-defeated-but-dangers-still-lurk/",
"title": "Bankers' Policy Amendment Recommendation for NCSL Handily Defeated, but Dangers Still Lurk",
"summary": "WASHINGTON-At the annual meeting of the National Council of State Legislatures, the bankers attempted to pave the way for credit union taxation by couching it as a preemption issue. In the end, the Financial Services Standing Committee of NCSL voted 15-4 to dismiss a policy amendment pursued by the bankers...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "723",
"timeToRead": "4 minute",
"readtime": "4",
"authors": [
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"webUrl": "/author/profile/sarah-snell-cooke/",
"name": "Sarah Snell Cooke"
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{
"uri": "/2003/08/05/members-not-regulators-are-top-priority-in-privacy-decisions/",
"title": "Members, Not Regulators, Are Top Priority in Privacy Decisions",
"summary": "BOSTON-Often when credit union officials and others in the financial services industry hear the word privacy, the first thing that comes to mind is regulations and privacy notices. According to Fidelity Investment Chief Privacy Officer Leigh Williams, that should not be the case, even though those matters are important. Member...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "323",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/sarah-snell-cooke/",
"name": "Sarah Snell Cooke"
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{
"uri": "/2003/08/05/not-everyone-views-cus-as-they-see-themselves/",
"title": "Not Everyone Views CUs as they See Themselves",
"summary": "BOSTON-Three major, incorrect perceptions of credit unions exist that the community needs to work to reverse, NCUA Board Member Deborah Matz told attendees of NAFCU's 36th Annual Conference. Matz said that there are three dangerous misperceptions some lawmakers have about credit unions: that large credit unions are just like banks;...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "216",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/sarah-snell-cooke/",
"name": "Sarah Snell Cooke"
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{
"uri": "/2003/08/05/consultant-says-cus-have-to-loosen-up-to-develop-future-profitable-members/",
"title": "Consultant Says CUs Have to Loosen up to Develop Future Profitable Members",
"summary": "BOSTON-Using examples from her own life, Counter Intelligence Associates President and CEO Diane Johnson told credit unions that they need to loosen up to properly serve the incoming crop of members. Take Johnson's 22-year old daughter who is entering a doctorate program, graduated high school at sixteen, and recently bought...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "355",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/sarah-snell-cooke/",
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{
"uri": "/2003/08/05/equifax-to-pay-250000-to-settle-consumer-credit-charges/",
"title": "Equifax to Pay $250,000 to Settle Consumer Credit Charges",
"summary": "WASHINGTON - Equifax Credit Information Services has agreed to pay $250,000 to settle Federal Trade Commission charges that the company's blocked-call rate and hold times violated provisions of an FTC consent decree that settled a 2000 lawsuit for the same violations of the Fair Credit Reporting Act. The lawsuit charged...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "198",
"timeToRead": "1 minute",
"readtime": "1",
"authors": [
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{
"uri": "/2003/08/05/dollar-sees-two-challenges-for-credit-unions-into-the-future/",
"title": "Dollar Sees Two Challenges for Credit Unions into the Future",
"summary": "BOSTON-NCUA Chairman Dennis Dollar told attendees of NAFCU's 36th Annual Conference that he sees two major issues running into the future for credit unions: risk management and taxation. Along with risk management comes the diversification necessary to achieve proper balances of risk. Dollar pointed out that NCUA has implemented a...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "282",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/sarah-snell-cooke/",
"name": "Sarah Snell Cooke"
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{
"uri": "/2003/08/05/aacuc-honors-past-present-and-future-at-annual-meeting-in-motown/",
"title": "AACUC Honors Past, Present and Future at Annual Meeting in Motown",
"summary": "DETROIT - This year's African American Credit Union Coalition conference here is expected to top last year's attendance mark, with a number of industry notables scheduled to speak including Pete Crear, CUNA & Affiliates' Executive Vice President and Chief Operating Officer, who will also receive the Coalition's first AACUC Lifetime...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "235",
"timeToRead": "2 minute",
"readtime": "2",
"authors": [
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"webUrl": "/author/profile/staff-writer/",
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{
"uri": "/2003/08/05/ncua-announces-mbl-pals-workshop-details/",
"title": "NCUA Announces MBL PALS Workshop Details",
"summary": "ALEXANDRIA, Va.-NCUA announced the registration and agenda information for its next Partnering and Leadership Successes conference on member business lending slated for Oct. 16 in Washington, D.C. The free, all-day session includes a long list of credit union community officials and others who are well-versed on business lending, including Small...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "153",
"timeToRead": "1 minute",
"readtime": "1",
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"uri": "/2003/08/05/cardinal-community-credit-union-landlocked-and-loving-it/",
"title": "Cardinal Community Credit Union Landlocked and Loving it",
"summary": "MENTOR, Ohio - In a facility that was just eight years old Cardinal Community Credit Union found itself needing more room. \"Initially we wanted to add on to our existing site, but we were limited by the land and every configuration we tried came up with a roadblock in either...",
"byline": "Myriam DiGiovanni",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "553",
"timeToRead": "3 minute",
"readtime": "3",
"authors": [
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"webUrl": "/author/profile/myriam-digiovanni/",
"name": "Myriam DiGiovanni"
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"uri": "/2003/08/05/house-financial-services-committee-members-pass-flood-insurance-legislation/",
"title": "House Financial Services Committee Members Pass Flood Insurance Legislation",
"summary": "WASHINGTON - Members of the House Financial Services Committee, including the committee's ranking Democrat, Rep. Barney Frank (Mass.) gave themselves a pat on the back for approving a bill that reauthorizes and reforms the National Flood Insurance Program. H.R. 253, The Two Floods and You Are Out of the Taxpayer's...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "125",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/allpoint-expects-increasing-sign-up-pace-to-quiet-skeptics/",
"title": "Allpoint Expects Increasing Sign Up Pace to Quiet Skeptics",
"summary": "BETHESDA, Md. - Ben Psillas, president of ATM National anticipates that the firm's recent addition of $1.1 billion State Employees Federal Credit Union of Albany New York to the list of participants in its Allpoint network will continue to prove to critics that the network's pricing structure is viable for...",
"byline": "David Morrison",
"kicker": "News",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "788",
"timeToRead": "4 minute",
"readtime": "4",
"authors": [
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"webUrl": "/author/profile/david-morrison/",
"name": "David Morrison"
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"uri": "/2003/08/05/new-york-league-offers-patriot-program-to-credit-unions/",
"title": "New York League Offers Patriot Program to Credit Unions",
"summary": "LATHAM, N.Y. - The New York State Credit Union League has partnered with Certegy to offer its member credit unions a better price on Certegy's Patriot Guard, a program designed to help credit unions meet their obligations under the USA Patriot Act. Certegy's Patriot Guard is a comprehensive program to...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "186",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/generational-patterns-give-hope-for-future/",
"title": "Generational Patterns give Hope for Future",
"summary": "BOSTON-The newest generation, the Millennials, are revealing a glimpse of optimism following their realist predecessors: the Gen X'ers. According to generational expert Neil Howe, the Millennial Generation-those born after 1982-are generally exhibiting a more positive outlook for their collective futures, a renewed appreciation of the nation and its history as...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "359",
"timeToRead": "2 minute",
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"authors": [
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"uri": "/2003/08/05/ncua-issues-guidance-on-non-maturity-shares/",
"title": "NCUA Issues Guidance on Non-Maturity Shares",
"summary": "ALEXANDRIA, Va.-NCUA issued a Letter to Credit Unions (03-CU-11) last week to help credit unions manage risk associated with non-maturity shares. The agency emphasized that it merely wants to create a best practices framework to guide credit unions, and not micromanage. \"Understanding the behavior of non-maturity shares is integral to...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "213",
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{
"uri": "/2003/08/05/ccul-richard-myles-foundation-pet-walking-for-education/",
"title": "CCUL, Richard Myles Foundation Pet Walking for Education",
"summary": "RANCHO CUUCAMONGO, Calif. -The Richard Myles Johnson Foundation and local chapters of the California Credit Union League are hitting the streets with their pets during the \"Paws for Education Walks\" to raise money for financial literacy education in California high schools. Credit union staff, members, volunteers, and others will collect...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "306",
"timeToRead": "2 minute",
"readtime": "2",
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{
"uri": "/2003/08/05/providing-affordable-housing-good-for-credit-unions/",
"title": "Providing Affordable Housing Good For Credit Unions",
"summary": "BOSTON - Partnering with local non-profits to provide affordable housing can help a credit union as well as its local community, a community development leader and credit union executive told an audience at NAFCU's annual conference. In the eight years since it began working with a local non-profit group to...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "211",
"timeToRead": "2 minute",
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{
"uri": "/2003/08/05/cuna-mutual-pps-in-fraud-fight-together/",
"title": "CUNA Mutual, PPS in Fraud Fight Together",
"summary": "MADISON, Wis. - CUNA Mutual Group has teamed up with Scottsdale, Arizona-based risk management provider Primary Payment Systems (PPS) to help credit unions reduce check fraud. The partnership comes in response to the continuing rising trend of fraud and identity theft. According to CUNA Mutual Vice President Al Stendahl, the...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "138",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/volcorp-hosts-ncua-leaders/",
"title": "VolCorp Hosts NCUA Leaders",
"summary": "NASHVILLE - During a recent visit to Nashville all three NCUA Board members -Chairman Dennis Dollar, Vice Chairman JoAnn Johnson and Deborah Matz - and some NCUA staffers took time to visit with the $1.3 billion Volunteer Corporate, the corporate for Tennessee credit unions. The NCUA leaders were given an...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "139",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/dupont-community-cu-digs-in-for-fight-with-vba-keeps-its-charter-options-open/",
"title": "DuPont Community CU Digs in For fight with VBA, Keeps its Charter Options Open",
"summary": "WAYNESBORO, Va. -Given the reactions of other states' bankers associations to their state-chartered credit unions' field-of-membership expansions, Gerald Hershey, president/CEO, DuPont Community CU saw the Virginia Bankers Association's challenge of his credit union's approved FOM expansion last year by the Bureau of Financial Institutions as being `almost a sure thing.'...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "713",
"timeToRead": "4 minute",
"readtime": "4",
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{
"uri": "/2003/08/05/hudson-valley-fcu-is-keeping-it-simple-with-new-multi-county-marketing-push/",
"title": "Hudson Valley FCU is Keeping it Simple with New Multi-County Marketing Push",
"summary": "POUGHKEEPSIE, N.Y. - Just three little words that have helped Hudson Valley Federal Credit Union become the credit union members flock to -\"Now You Can.\" Designed to coincide with the $1.6 billion credit union's launch of its community charter into three counties, the multimedia campaign plays up the idea that...",
"byline": "Myriam DiGiovanni",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "520",
"timeToRead": "3 minute",
"readtime": "3",
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{
"uri": "/2003/08/05/ncua-slashes-budget-3-4-million-mid-year-18-usury-ceiling-holds/",
"title": "NCUA Slashes Budget $3.4 Million Mid-Year; 18% Usury Ceiling Holds",
"summary": "ALEXANDRIA, Va.-In a brief board meeting of the NCUA, the agency announced that it had cut its 2003 budget by 2.31%. According to NCUA's Board Action Memorandum, the agency's total operating costs for 2003 were going to be pared down by nearly $3.4 million or 2.31%. Much of the savings...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "789",
"timeToRead": "4 minute",
"readtime": "4",
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{
"uri": "/2003/08/05/financial-services-committee-approves-fact-act-full-house-expected-to-pass-it-in-september/",
"title": "Financial Services Committee Approves FACT Act, Full House Expected to Pass it in September",
"summary": "WASHINGTON-The House Financial Services Committee overwhelmingly passed H.R. 2622, the Fair and Accurate Credit Transactions Act, out of committee recently. In a late night session before the House left for its August recess, the committee approved the FACT Act, which permanently extends the federal preemption of credit reporting standards and...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "718",
"timeToRead": "4 minute",
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{
"uri": "/2003/08/05/10-things-to-consider-before-adding-a-card-rewards-program/",
"title": "10 Things to Consider Before Adding a Card Rewards Program",
"summary": "Rewards programs have emerged as one of the single most effective ways to reach consumers and influence their payment choices and purchase behaviors. For generations, consumers have been able to save box tops and other proofs of purchases and exchange them for tangible rewards. Rewards programs operate much the same...",
"byline": "Staff Writer",
"kicker": "Commentary",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "1128",
"timeToRead": "6 minute",
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{
"uri": "/2003/08/05/nafcu-conference-tops-despite-tired-format/",
"title": "NAFCU Conference Tops Despite Tired Format",
"summary": "It is becoming more obvious every year that the typical national conference format utilized by credit union group sponsors, and all sorts of other industries as well, has probably outlived its usefulness. There has to be a better way than going from registration to opening reception to opening general session...",
"byline": "Peter Westerman",
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"prettyDate": "August 05, 2003",
"wordcount": "1003",
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{
"uri": "/2003/08/05/progeny-to-offer-small-business-credit-union-members-benefits/",
"title": "Progeny to Offer Small Business Credit Union Members Benefits",
"summary": "NASHVILLE - A marketing strategies company with a growing profile among credit unions has inaugurated a program which seeks to service credit union members who own small businesses. \"Small businesses are an extremely important part of the American business picture and one that we perceive is increasingly turning to credit...",
"byline": "Staff Writer",
"kicker": "News",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "225",
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"uri": "/2003/08/05/institutions-should-be-able-to-choose-whether-to-accept-matricula-cuna-says/",
"title": "Institutions should be able to Choose Whether to Accept Matricula, CUNA says",
"summary": "WASHINGTON-Financial institutions should be able to choose whether to accept the matricula consular cards as a valid form of identification or not, CUNA Associate General Counsel Mary Dunn wrote in a comment letter to Treasury. \"CUNA is aware that a number of concerns have been raised about the use of...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "189",
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"uri": "/2003/08/05/baseball-legend-joe-torre-to-be-opening-speaker-for-new-jersey-league-convention/",
"title": "Baseball Legend Joe Torre to be Opening Speaker for New Jersey League Convention",
"summary": "HIGHTSTOWN, N.J. - Baseball legend and New York Yankees manager Joe Torre will kick-off the New Jersey Credit Union League's Annual Meeting & Convention in November. The theme of the two-day meeting and convention, Nov. 21-22 at the Bally's Hotel in Atlantic City, will be \"Celebrating You\" recognizing credit unions...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
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{
"uri": "/2003/08/05/should-i-sell-my-card-portfolio-a-ceos-perspective-on-a-growing-credit-union-question/",
"title": "Should I Sell my Card Portfolio? A CEO's Perspective on a Growing Credit Union Question",
"summary": "I have been intrigued by the recent press about large issuers offering to buy card portfolios at handsome premiums. We've all been stung by the downturn in the economy, increased competition from the large issuers, and rising delinquencies. I can definitely see how a cash infusion could be useful at...",
"byline": "Staff Writer",
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"uri": "/2003/08/05/negotiations-are-about-process-not-substance/",
"title": "Negotiations are about Process, not Substance",
"summary": "OSTON-Focus on process and not substance in negotiations and all parties should walk away from the table better, according to Collaborative Thinking President Michael Chaffers. It is rare that parties to negotiations sit down and think about how to talk with the other party, yet \"It's one of the most...",
"byline": "Staff Writer",
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"uri": "/2003/08/05/wescorp-to-merge-with-paccorp-timing-was-right-says-paccorp-ceo/",
"title": "WesCorp to Merge with PacCorp; Timing Was Right Says PacCorp CEO",
"summary": "SAN DIMAS, Calif. and HONOLULU - This time it's more than just talk - PacCorp and WesCorp have agreed to merge. The $24 billion WesCorp, San Dimas, Calif., is the nation's largest corporate credit union serving approximately 1,000 credit unions in 33 states and Guam. The $567 million PacCorp is...",
"byline": "Staff Writer",
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"wordcount": "1637",
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"uri": "/2003/08/05/large-community-charter-approvals-ok-now-what-credit-unions-work-on-penetration/",
"title": "Large Community Charter Approvals: OK. Now What? Credit Unions Work on Penetration",
"summary": "WALKERSVILLE, Md.-NCUA has caught a lot of flack lately from certain sectors for approving very large community charters, which the banks have attacked in the courts as illegal. But what are these credit unions that have converted to vast community charters doing with them? \"We had originally been chartered as...",
"byline": "Sarah Snell Cooke",
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"prettyDate": "August 05, 2003",
"wordcount": "1087",
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"uri": "/2003/08/05/cmgs-home-equity-debt-cancellation-product-helps-members-deal-with-lifes-unexpected-events/",
"title": "CMG's Home Equity Debt Cancellation Product Helps Members Deal with Life's Unexpected Events",
"summary": "MADISON, Wis. - CUNA Mutual Group's latest addition to its CU CHOICE debt cancellation product family targets the loan category that's a growing portion of credit unions' loan portfolio but has been historically unprotected - home equity loans. According to CUNA Mutual, credit unions have about $24 billion in home...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "370",
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"uri": "/2003/08/05/elan-financial-services-stepping-onto-atm-stage-set-to-be-a-bigger-player-for-credit-unions/",
"title": "Elan Financial Services Stepping Onto ATM Stage; Set to Be a Bigger Player for Credit Unions",
"summary": "MINNEAPOLIS, Minn. - The steadily percolating U.S. ATM market has drawn a new player to the table, giving credit unions yet another set of options for how to structure their ATM fleet and usage. Elan Finacial Services, the wholly-owned subsidiary of U.S. Bancorp, has combined its two existing ATM networks...",
"byline": "David Morrison",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "785",
"timeToRead": "4 minute",
"readtime": "4",
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{
"uri": "/2003/08/05/va-hud-appropriation-passes-house/",
"title": "VA-HUD Appropriation Passes House",
"summary": "WASHINGTON-The House passed the Veterans Affairs, Housing and Urban Development and Independent Agencies Appropriations Act, 2004 (H.R. 2861) by a vote of 316-109. The legislation is home to funding for the Community Development Financial Institutions Fund and the Community Development Revolving Loan Fund. It also sets the borrowing authority cap...",
"byline": "Staff Writer",
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"wordcount": "213",
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"uri": "/2003/08/05/the-networks-33-corporates-may-soon-become-31/",
"title": "The Network's 33 Corporates May Soon Become 31",
"summary": "NONE",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "1",
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"uri": "/2003/08/05/washington-state-div-of-cus-using-new-contractor-for-ist-exams/",
"title": "Washington State Div. of CUs Using New Contractor for IS&T Exams",
"summary": "OLYMPIA, Wash. - Effective last month, the state Division of Credit Unions began using a new contractor to perform the Information Service & Technology portion of the division's examination. The new contractor, Trust Consulting and Compliance, will work with credit unions on information service products and risk evaluation. The Division...",
"byline": "Staff Writer",
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"wordcount": "82",
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"uri": "/2003/08/05/staking-out-the-stats-51/",
"title": "Staking out the Stats",
"summary": "A Synergistics Research Corporation survey titled Optimizing the ATM, finds that there may be more changes in store for ATMs. Potential changes range from using the ATM as a marketing tool to send targeted messages related to individual financial needs, to simple fixes like creating ATM screens that can easily...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "74",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/exit-mills-enter-furnas/",
"title": "Exit Mills, Enter Furnas",
"summary": "New NAFCU Board Chairman Diane Furnas, president/CEO of Southwest Airlines FCU, accepts the gavel from outgoing NAFCU Chairman Jim Mills, president/CEO of Three-Rivers FCU. NAFCU presented Mills with a bronze plate thanking him for his six-years of service to the NAFCU Board, the last three as chairman. See full coverage...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "58",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/paccorp-and-wescorp-invite-hawaii-credit-unions-to-meeting/",
"title": "PacCorp and WesCorp Invite Hawaii Credit Unions to Meeting",
"summary": "An invitation went out from both corporates to Hawaii CUs inviting them to an informational meeting to discuss the merger. The meeting is scheduled for Wednesday Aug. 20 from 10:00 a.m. to 1:00 p.m. to be held at the Honolulu Country Club. A prime rib buffet luncheon will be served....",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "87",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/addison-leaving-constitution-state-corporate-for-top-job-at-texans-cu/",
"title": "Addison Leaving Constitution State Corporate for Top Job at Texans CU",
"summary": "RICHARDSON, Texas - Constitution State Corporate CU President/CEO David Addison is leaving the corporate to become CEO of Texans CU. Addison is leaving the corporate network, but he goes from one billion dollar institution to another. Constitution currently has $1.4 billion in assets, while Texans CU has $1.2 billion. Addison...",
"byline": "Staff Writer",
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{
"uri": "/2003/08/05/special-report-eft-creditdebitatms-6/",
"title": "Special Report: EFT: Credit/Debit/ATMs",
"summary": "From card portfolio sales to ATM network maneuvering, there's a lot going on in the EFT world. Read all about it on pages 18-21.",
"byline": "Staff Writer",
"kicker": "News",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "24",
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{
"uri": "/2003/08/05/children-only-at-kid-town-cu/",
"title": "Children Only at Kid Town CU",
"summary": "GREAT FALLS, Mont. - Children rule here at Kid Town Credit Union where a hands-on approach to financial education is a must. The \"credit union\" is actually one of the interactive exhibits at the new Great Falls Children's Museum. The exhibit features a small, brightly painted building complete with a...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "106",
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{
"uri": "/2003/08/05/consumer-confidence-drops-in-july/",
"title": "Consumer Confidence Drops in July",
"summary": "NEW YORK - Consumer confidence in the economy dropped more than six points in July from the previous month, according to The Conference Board. Economists had expected the confidence index to rise. The consumer confidence in July was 76.6. One month prior it was 83.5. In addition, the Conference Board's...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "171",
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{
"uri": "/2003/08/05/texas-league-campaigns-for-passage-of-home-equity-reform-amendment/",
"title": "Texas League Campaigns for Passage of Home Equity Reform Amendment",
"summary": "FARMERS BRANCH, Texas - Vote \"yes\" on proposition 16. That's the message behind a new consumer awareness campaign launched by Texas Credit Union League. Proposition 16 is the constitutional amendment that Texans will vote on Sept. 13 that would reform home equity lending in Texas. The League is urging credit...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "297",
"timeToRead": "2 minute",
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{
"uri": "/2003/08/05/security-concerns-will-help-smart-cards-arrival/",
"title": "Security Concerns Will Help Smart Cards' Arrival",
"summary": "BOSTON - Efforts by Visa and MasterCard to fight fraud will likely provide the institutional push to make U.S. credit unions and other financial institutions adopt so-called smart card technology more widely. Charles Walton, senior vice president of Caradas, Inc, a card consultancy firm based in Braintree, Massachusetts, told an...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "139",
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{
"uri": "/2003/08/05/credit-unions-need-to-better-document-employment-issues/",
"title": "Credit Unions Need to Better Document Employment Issues",
"summary": "BOSTON - Credit unions need to develop personnel manuals more thoroughly and then pay more attention to them, a lawyer who defends businesses against employee lawsuits told NAFCU attendees. \"I can't tell you how many times I have had a client call to tell me an employee has been doing...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "146",
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{
"uri": "/2003/08/05/corporates-anticipate-senate-clf-deliberations/",
"title": "Corporates Anticipate Senate CLF Deliberations",
"summary": "WASHINGTON-Association of Corporate Credit Unions Chairman Bruce Fahnestock said the group is highly interested in the Senate's action on credit unions' Central Liquidity Facility. \"We look forward to working with the Senate after the summer recess to complete the action on appropriations for the Central Liquidity Facility,\" Fahnestock, president and...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "118",
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{
"uri": "/2003/08/05/the-latest-from-ncua/",
"title": "The Latest From NCUA",
"summary": "See page 4 for on-deadline coverage of NCUA's July meeting. The next board meeting won't be until September.",
"byline": "Staff Writer",
"kicker": "News",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "18",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/first-cu-in-western-washington-participates-in-economic-power-project/",
"title": "First CU in Western Washington Participates in Economic Power Project",
"summary": "ENUMCLAW, Wash. - White River Credit Union is the first credit union in the western part of the state to participate in a multi-state project, Economic Power Project, to serve the unbanked or underserved minority populations in seven Western states. The Hispanic community is the target population in Washington State....",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "103",
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{
"uri": "/2003/08/05/millions-of-merchants-get-debit-notices/",
"title": "Millions of Merchants Get Debit Notices",
"summary": "ARLINTON, Va. - Over 8.1 million merchants across the United States have been sent notices this month alerting them to the possibility that they might have a share in the billion dollar debit settlements from VISA and MasterCard. According to Cardweb.com, a World Wide Web site that tracks credit card...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "137",
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{
"uri": "/2003/08/05/corporate-central-offering-free-online-check-images/",
"title": "Corporate Central Offering Free Online Check Images",
"summary": "HALES CORNER, Wis. - The $2 billion Corporate Central CU said it is offering its members free online access to check images. Corporate Central members will have access to checks, money orders, casher's and certified checks over the Web. The corporate first started offering images of checks nine years ago,...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "79",
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{
"uri": "/2003/08/05/risk-and-return-of-ez-launch/",
"title": "Risk And Return of EZ Launch",
"summary": "EZ Launch has been aware of the need to protect its credit union investors from the opportunity cost should interest rates on other vehicles rise, and that is why ICULSC has structured the program with some built-in protections. Investors receive their return in two ways. They receive a base rate...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "145",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/0-interest-rate-an-option-says-fed-gov/",
"title": "0% Interest Rate an Option, says Fed Gov",
"summary": "WASHINGTON - The Federal Reserve could be forced to keep interest rates low or even reduce them to 0% if the rate of inflation continues to fall even if the economy picks up in the second half of the year as some experts have predicted, said Federal Reserve Gov. Ben...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "120",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/former-hud-secretary-cisneros-to-keynote-2003-cra-fair-lending-colloquium/",
"title": "Former HUD Secretary Cisneros to Keynote 2003 CRA & Fair Lending Colloquium",
"summary": "BOSTON - Henry Cisneros, former HUD Secretary and the first Hispanic-American mayor of a major U.S. city, will keynote the 2003 CRA & Fair Lending Colloquium to be held Nov. 3-5 in Atlanta, Ga. Cisneros now serves as the CEO of American CityVista, whose goal is to build communities in...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "79",
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"uri": "/2003/08/05/matz-visits-wescorp/",
"title": "Matz Visits WesCorp",
"summary": "SAN DIMAS, Calif. - NCUA Board member Deborah Matz visited WesCorp's headquarters recently, the second corporate she's visited in the last few weeks. Matz and the rest of the NCUA Board visited VolCorp earlier this month. At WesCorp, Matz met with senior management and was briefed on the operations of...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "76",
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{
"uri": "/2003/08/05/credit-union-24-pays-record-dividend/",
"title": "Credit Union 24 Pays Record Dividend",
"summary": "TALLAHASSEE, Fla. - Credit Union 24, the second largest credit union owned ATM network in the U.S., has announced a patronage dividend for 2002 transactions of $2.3 million. This more than doubles last year's patronage of $1 million, which covered transactions taking place in 2001, and lifts the organization's total...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "81",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/banking-futurist-edward-e-furash-joins-orcc-board/",
"title": "Banking `Futurist' Edward E. Furash Joins ORCC Board",
"summary": "McLEAN, Va. - Online Resources Corp. has named Internet financial services pioneer Edward E. Furash to ORCC's board of directors. Furash, who made his name as a consultant and for his work during the S&L crisis of the 1980's, is the founder and recently retired chairman/CEO of Treasury Bank, an...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "132",
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{
"uri": "/2003/08/05/culac-continues-to-dole-out-funds/",
"title": "CULAC Continues to Dole Out Funds",
"summary": "WASHINGTON-CUNA's political arm, the Credit Union Legislative Action Council, continued on its roll of handing out money to political chums throughout June. According to data from the Federal Election Commission, CULAC took in $123,174.68 during the month of June and made $93,931.37 in contributions to political candidates. Thus far in...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "158",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/for-illinois-card-investors-credit-union-spirit-is-key-to-helping-others-with-card-programs/",
"title": "For Illinois Card Investors, Credit Union Spirit is Key to Helping Others with Card Programs",
"summary": "NAPERVILLE, Ill. - A program designed to help enable credit unions to invest in credit cards without having to necessarily manage their own card program has taken off and gained ground in Illinois. But while credit union investors appreciate the earning their investment has brought them so far, they all...",
"byline": "David Morrison",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "941",
"timeToRead": "5 minute",
"readtime": "5",
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"uri": "/2003/08/05/new-callahan-guides-help-cus-build-auto-loan-market-share/",
"title": "New Callahan Guides Help CUs Build Auto Loan Market Share",
"summary": "WASHINGTON - Callahan & Associates has come out with two new hands-on guides to help credit unions develop programs to increase their auto loan portfolios. The first guide, \"Indirect Auto Lending: Strategies and Successes\" provides best practices in successful credit union indirect auto lending programs. The second guide, \"Using Your...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "136",
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"uri": "/2003/08/05/osi-adds-addison-avenue-to-list-of-big-cu-core-processing-clients/",
"title": "OSI Adds Addison Avenue to List of Big CU Core Processing Clients",
"summary": "GLASTONBURY, Conn. - Open Solutions Inc. has snagged another big credit union client for its transaction and integration processing services. Addison Avenue FCU, a 123,000-member institution based in Palo Alto, Calif., will use OSI's open architecture The Complete Credit Union Solution and CRM/business intelligence solutions, as well as consumer and...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "137",
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"uri": "/2003/08/05/navy-federal-cu-takes-pr-online-ranked-a-tech-savvy-lender/",
"title": "Navy Federal CU Takes PR Online, Ranked a Tech-Savvy Lender",
"summary": "VIENNA, Va. - Navy Federal Credit Union has simplified its media relations by revamping its Public Relations Web site. Navy Federal uses the site to deliver timely news and information to the media The latest feature is the credit union's \"commentary on the issue\", including commentary letters to NCUA, other...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "255",
"timeToRead": "2 minute",
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"uri": "/2003/08/05/credit-union-employment-resources-to-acquire-integrated-business-resources/",
"title": "Credit Union Employment Resources to Acquire Integrated Business Resources",
"summary": "DALLAS - Credit Union Employment Resources, Inc. (CUER), a subsidiary of the Texas Credit Union League, has reached an agreement in principle to acquire Integrated Business Resources, Inc. (IBR), a Texas-based provider of credit union employment, consulting and strategic planning services. Karen Houston, president of IBR, will assume the position...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "344",
"timeToRead": "2 minute",
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"uri": "/2003/08/05/atm-services-firm-looking-forward-to-new-checking-law-as-hard-copy-will-become-electronic-very-quickly/",
"title": "ATM Services Firm Looking Forward To New Checking Law as Hard Copy will Become Electronic Very Quickly",
"summary": "MARIETA, Ga. - Alliance Services, one of the largest regional ATM service companies in the U.S., is eager for the final passage of the Check Truncation Act that will move many of the routine elements of check processing from hard copy to electronic image. \"From our perspective, with the technological...",
"byline": "David Morrison",
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"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "496",
"timeToRead": "3 minute",
"readtime": "3",
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"uri": "/2003/08/05/pennsylvania-banking-dept-warns-mortgage-brokers-on-using-misleading-direct-mail-solicitations/",
"title": "Pennsylvania Banking Dept. Warns Mortgage Brokers on Using Misleading Direct Mail Solicitations",
"summary": "HARRISBURG, Pa. - Attention first and second mortgage loan brokers in Pennsylvania: the state Department of Banking has put you on notice concerning the use of misleading or deceptive direct mail solicitations that use the name of other mortgage companies or lenders. In her letter to mortgage brokers, Cynthia Wirt,...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "582",
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{
"uri": "/2003/08/05/branching-out-84/",
"title": "BRANCHING OUT",
"summary": "State Center Credit Union, Fresno, Calif., has recently opened a new Clovis branch. The full-service, state-of-the-art facility has been designed to offer members more convenience. Harborstone Credit Union, Tacoma, Wash., has broken ground on a new financial service center. The 5,120 square-foot building is scheduled to open in November and...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "658",
"timeToRead": "4 minute",
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{
"uri": "/2003/08/05/mid-states-pic-offering-hits-69-million/",
"title": "Mid-States' PIC Offering Hits $69 Million",
"summary": "WARRENVILLE, Ill. - Corporates lobbied NCUA to grandfather in and extend the time period to be able to offer Paid in Capital and they are taking advantage of it. The $4.5 billion Mid-States Corporate FCU's PIC offering reached $69 million. More than $16 million in new capital was generated and...",
"byline": "Staff Writer",
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"prettyDate": "August 05, 2003",
"wordcount": "138",
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{
"uri": "/2003/08/05/cu-village-takes-aim-at-young-adults/",
"title": "CU Village Takes Aim at Young Adults",
"summary": "NORTHVILLE TOWNSHIP, Mich.-CU Village has stepped up its efforts to help young adults from age 15 to 18 make savvy financial decisions with the launch of its Young Adults Web site. With a theme of \"It's Your Life.Are You Ready?\" the site introduces such topics as building good credit and...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "221",
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{
"uri": "/2003/08/05/fake-sites-leave-cus-stumped-its-a-growing-problem-in-credit-union-land/",
"title": "Fake Sites Leave CUs Stumped; it's a Growing Problem in Credit Union Land",
"summary": "MADISON, Wis. - As advertisements and Web sites for fake credit unions pop up across the country, credit unions are left uncertain how to protect themselves. Just after exposing a fake company in Florida calling itself Century CU for releasing advertisements in Missouri, Ohio, San Francisco, the dubious ads have...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "350",
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{
"uri": "/2003/08/05/utah-first-acquiring-two-small-cus/",
"title": "Utah First Acquiring Two Small CUs",
"summary": "SALT LAKE CITY - Utah First Federal Credit Union announced July 30 it is planning to acquire two state-chartered credit unions in a move that will bring Utah First's total assets to more than $150 million once the transactions are completed. The proposed transactions include Utah First's acquisition of Salt...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "185",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/dont-overlook-the-disabled-employee/",
"title": "Don't Overlook the Disabled Employee",
"summary": "Your article on credit unions that serve the disabled (CU Times, July 16), \"How One Credit Union Discovered the Benefits of Tapping the Disaled for Workplace Talent\", was mostly on target, but it didn't go nearly far enough. Credit unions should not only consider serving those with disabilities, but they...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "486",
"timeToRead": "3 minute",
"readtime": "3",
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},
{
"uri": "/2003/08/05/mbna-hopes-new-site-reassures-credit-unions-contemplating-card-portfolio-sale/",
"title": "MBNA Hopes New Site Reassures Credit Unions Contemplating Card Portfolio Sale",
"summary": "WILMINGTON, Del. - MBNA Corp, one of the leading purchasers of credit unions' card portfolios, hopes its new Web site (www.mbnamembersplus.com) extolling its credit union agent program will reassure credit unions thinking of offering their portfolios for sale. Even though the site has only been active for a couple of...",
"byline": "David Morrison",
"kicker": "News",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "403",
"timeToRead": "3 minute",
"readtime": "3",
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},
{
"uri": "/2003/08/05/outsourcing-sometimes-the-only-choice-for-some-cus/",
"title": "Outsourcing Sometimes the Only Choice for Some CUs",
"summary": "Thanks for publishing Lecia Roundtree's well-written opinion article on outsourcing in the July 16th issue (\"Increasing Human Resource Efficiencies Through Outsourcing.\") In addition to some of the excellent points Roundtree makes, outsourcing is sometimes the only option for small and mid-sized credit unions that need expertise in areas they have...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "152",
"timeToRead": "1 minute",
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{
"uri": "/2003/08/05/no-small-afair-small-business-can-mean-big-returns-for-credit-unions/",
"title": "No Small Afair - Small Business Can Mean Big Returns for Credit Unions",
"summary": "BOSTON-With standing room only, Joanna Bruno, president of J.R. Bruno & Associates told attendees of NAFCU's 36th Annual Conference that credit unions have the opportunity to hook some pretty big fish through Small Business Administration-backed loans. She noted that while it is called the `Small' Business Administration, it can guarantee...",
"byline": "Sarah Snell Cooke",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "293",
"timeToRead": "2 minute",
"readtime": "2",
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{
"uri": "/2003/08/05/nafcu-doles-out-its-annual-awards-esl-fcu-is-this-years-white-hat-winner/",
"title": "NAFCU Doles out its Annual Awards; ESL FCU is This Year's White Hat Winner",
"summary": "BOSTON-During its 2003 Annual Conference, NAFCU honored numerous federal credit unions and their officials with awards spanning from Professional of the Year to Best Newsletter. These awards went to NAFCU members exemplifying \"strong leadership, commitment to high quality member service, product information, sound financial management, and impressive community involvement.\" Below...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "102",
"timeToRead": "1 minute",
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"uri": "/2003/08/05/nafcus-take-me-out-to-the-ball-park-yankees-take-game-in-beantown/",
"title": "NAFCU's Take Me Out to the Ball Park: Yankees Take Game in Beantown",
"summary": "BOSTON - There was a lot of anticipation from NAFCU attendees for the Friday night baseball game at historic Fenway Park between the visiting New York Yankees and home team Boston Red Sox. The game did not disappoint. It was a classic game that had all the elements of a...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "127",
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{
"uri": "/2003/08/05/corillian-closes-the-gaap-reports-first-quarter-in-the-black/",
"title": "Corillian Closes the GAAP: Reports First Quarter in the Black",
"summary": "PORTLAND, Ore. - Corillian Corp. beat the Street with a record profitable quarter for the three months ending June 30, the Internet banking vendor said. The company had net income of $1.8 million, or 5 cents per diluted share. First Call's consensus estimate for the Nasdaq-traded stock had been a...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "181",
"timeToRead": "1 minute",
"readtime": "1",
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{
"uri": "/2003/08/05/sarbanes-introduces-financial-literacy-legislation/",
"title": "Sarbanes Introduces Financial Literacy Legislation",
"summary": "WASHINGTON-Senate Banking Committee Ranking Member Paul Sarbanes (D-Md.) recently introduced legislation to establish an intergovernmental committee with the aim of bolstering financial education opportunities and improving consumers' financial decision-making. He said that currently there is little coordination and excessive duplication within the government and outside of it on financial literacy...",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "206",
"timeToRead": "2 minute",
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{
"uri": "/2003/08/05/cudl-expands-to-minnesota-and-virginia/",
"title": "CUDL Expands to Minnesota and Virginia",
"summary": "RANCHO CUCAMONGA, Calif. - Add Minnesota and Virginia to the growing list of states with credit unions participating in the Credit Union Direct Lending network. The addition of Minnesota and Virginia means there are now 11 states in the CUDL network serving more than 260 credit unions and 1,980 dealerships....",
"byline": "Staff Writer",
"kicker": "",
"tags": [],
"prettyDate": "August 05, 2003",
"wordcount": "124",
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{
"uri": "/2003/08/05/securian-e-learning-helping-cus-sell/",
"title": "Securian E-learning Helping CUs Sell",
"summary": "ST.PAUL, Minn.- According to Securian Financial Network National Program Management Consultant Cindy Maag, although the \"e\" in e-learning technically stands for \"electronic,\" it could also mean \"economical\" or \"effective.\" A Brandon-Hall study finds that the cost to train individuals across all industries during the past five years is $760 for...",
"byline": "Staff Writer",
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"tags": [],
"prettyDate": "August 05, 2003",
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