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"title": "Credit Union Times Magazine-March-27, 2002",
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"uri": "/2002/03/26/enron-doesnt-have-lock-on-conflict-of-interest/",
"title": "Enron doesn't have lock on conflict of interest",
"summary": "Unfolding details involving the likes of Enron, Global Crossing, and Andersen are making headlines on a daily basis. No wonder that the subject of possible and actual conflicts of interest and management and governance malfeasance is top of mind throughout every industry these days. As a close observer of the...",
"byline": "Peter Westerman",
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"uri": "/2002/03/26/cuna-meets-with-treasury-rep-on-emerging-credit-union-issues/",
"title": "CUNA meets with Treasury rep on emerging credit union issues",
"summary": "WASHINGTON-Several top CUNA executives met with Assistant Secretary of the Treasury for Financial Institutions Sheila Bair last week to discuss developing credit union issues. CUNA Associate General Counsel Mary Dunn, who attended the meeting, told reporters that credit union involvement in Treasury's First Accounts initiative, which aims at helping financial...",
"byline": "Sarah Snell Cooke",
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"uri": "/2002/03/26/state-chartered-credit-unions-no-more-risky-than-federals-state-regulator-maintains/",
"title": "State chartered credit unions no more risky than federals, state regulator maintains",
"summary": "WASHINGTON - Roger Little, the Deputy Commissioner for Credit Unions of the Michigan Office of Insurance and Financial Services, wants everyone to know that state-chartered credit unions are every bit as safe and sound as federally-chartered credit unions. Little, who is also vice chairman of NASCUS, came to the March...",
"byline": "David Morrison",
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"uri": "/2002/03/26/kanjorski-to-speak-at-navy-fcus-annual-meeting/",
"title": "Kanjorski to speak at Navy FCU's annual meeting",
"summary": "VIENNA, Va. -Congressman Paul Kanjorski (D-Pa.) will keynote Navy FCU's annual meeting to be held at its headquarters here on March 25. Kanjorski, a senior member of the Financial Services Committee and a lead sponsor of H.R. 1151, also spoke at GAC. Kanjorski, long a credit union supporter, was very...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
"wordcount": "112",
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"uri": "/2002/03/26/comptroller-urges-banks-to-use-technology-to-serve-low-income-americans/",
"title": "Comptroller urges banks to use technology to serve low-income Americans",
"summary": "BALTIMORE-Banks can use technology to provide services to low-income Americans in a cost-effective manner, Comptroller of the Currency John Hawke told a group of bankers at a community development conference cosponsored by the OCC and the American Bankers Association. \"The military refers to technology as a `force multiplier'-a means to...",
"byline": "Staff Writer",
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"uri": "/2002/03/26/great-debate-or-same-old-same-old/",
"title": "Great debate or same old, same old?",
"summary": "ABA economist Keith Leggett and CUNA economist Bill Hampel squared off in a debate at the California and Nevada CU League's recent Big Valley Educational Conference. See the blow-by-blow account on page 20.",
"byline": "Staff Writer",
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"uri": "/2002/03/26/awards-147/",
"title": "AWARDS",
"summary": "Langley Federal Credit Union, Hampton, Va., has recently received both first and second place honors in the Virginia Credit Union League's \"Maximum Marketing\" awards competition. The competition recognizes credit unions that demonstrate a strategic approach to marketing. LFCU placed first in the $100 million asset category for its redesigned Web...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/corillian-takes-big-cu-client-from-s1/",
"title": "Corillian takes big CU client from S1",
"summary": "PORTLAND, Ore. - Corillian has struck a blow against its old rival S1. For years Corillian and S1 have battled it out in the commercial and community bank markets for Net banking superiority, and now both are aggressively marketing to CUs. Corillian announced that it signed the $4 billion Boeing...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/milestones-47/",
"title": "MILESTONES",
"summary": "Wright-Patt Credit Union, Fairborn, Ohio, can count Senator Steve Austria as one of the many visitors who toured its Gantt Financial Center and Administrative Headquarters. With over 35,000 Wright-Patt members residing within Senator Austria's 10th district, he took the time to learn about the credit union's community partnerships and outreach...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
"wordcount": "150",
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"uri": "/2002/03/26/clarke-american-put-on-the-auction-block-cuna-takes-a-wait-and-see-attitude-on-fallout/",
"title": "Clarke American put on the auction block; CUNA takes a wait and see attitude on fallout",
"summary": "SAN ANTONIO - Clarke American Checks has won awards by national groups and even federal agencies in recognition of the company's workplace ethics and integrity. But despite being considered \"the jewel in the crown\" by its parent company Novar plc, Clarke American is up for sale. According to a Novar...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
"wordcount": "739",
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"uri": "/2002/03/26/branching-out-111/",
"title": "BRANCHING OUT",
"summary": "Georgia Telco Credit Union, Atlanta, has celebrated the grand opening of its Lilburn branch. The Honorable John Linder representing the 11th District and State Representative Charles Bannister form District 77 were on hand to help cut the ribbon, which was covered with $20 bills. After the ribbon-cutting ceremony the money...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/renock-joins-ccul-as-senior-vice-president/",
"title": "Renock joins CCUL as senior vice president",
"summary": "RANCHO CUCAMONGA, Calif. - Steve Renock is packing up the moving cartons again and moving back West. Almost four years after he and his family moved from Southern California to Madison, Wis. after CU Mortgage, which Renock was president/CEO of, merged with CUNA Mutual Mortgage, Renock is retracing his steps...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/theres-a-lot-more-to-a-rate-than-meets-the-eye/",
"title": "There's a lot more to a RATE than meets the eye!",
"summary": "When considering who to partner with for various insurance products, using rate as your determining factor is not always a better deal in the long run. You need to consider what each partner will bring to the partnership and weigh them appropriately. First, you want to look at the stability...",
"byline": "Staff Writer",
"kicker": "Commentary",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/fasb-streamlining/",
"title": "FASB streamlining",
"summary": "NORWALK, Conn.-In response to the Enron scam, the Financial Accounting Foundation (FAF) is considering streamlining the Financial Accounting Standards Board (FASB) to promote \"a strong, transparent, and rigorous system\" of accounting standards. The changes have been submitted for public comment for 30 days. \"We have a responsibility to investors and...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/metlife-asks-consumers-to-play-it-smart-play-it-safe/",
"title": "MetLife asks consumers to \"Play it Smart, Play it Safe!\"",
"summary": "WARWICK, R.I. - MetLife Auto and Home division thinks it is never too early to start planning for a disaster. With several states declaring a \"Severe Weather Awareness Week\" to educate consumers about the importance of disaster preparedness, MetLife has launched a series of PEANUTST-themed posters called Play it Smart,...",
"byline": "Staff Writer",
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"prettyDate": "March 26, 2002",
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"uri": "/2002/03/26/great-debate-airs-same-bank-credit-union-arguments/",
"title": "\"Great debate\" airs same bank-credit union arguments",
"summary": "MONTEREY, Calif. - It was billed as \"the Great Debate\" - pitting two economists, one an outspoken critic of the credit union industry from the American Bankers Association, the other a strong credit union industry advocate - but in the end, it was pretty much the same old, same old....",
"byline": "Staff Writer",
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"uri": "/2002/03/26/the-much-anticipated-reg-relief-legislation-may-not-see-the-light-of-day-in-2002/",
"title": "The much anticipated reg-relief legislation may not see the light of day in 2002",
"summary": "WASHINGTON-Credit union lobbyists are not giving regulatory relief legislation much more than a snowball's chance in heck of getting very far through congressional machinations this year. CUNA Vice President and Senior Legislative Counsel Gary Kohn commented that he \"would not argue\" with a prediction that the bill, the brainchild of...",
"byline": "Sarah Snell Cooke",
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"uri": "/2002/03/26/new-officers-selected-for-cu-house/",
"title": "New officers selected for CU House",
"summary": "WASHINGTON - In the old news, but worth noting department, Credit Union House, LLC, held its first annual meeting at the 403 C Street structure in Washington, D.C. in conjunction with CUNA's Governmental Affairs Conference last month. A board meeting followed at which new officers were named to the Credit...",
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"uri": "/2002/03/26/more-downsides-to-payment-of-bonus-dividends/",
"title": "More downsides to payment of bonus dividends",
"summary": "As a longtime reader of Credit Union Times, I continue to be impressed with publisher Mike Welch's knowledge and understanding of the credit union movement, along with credit union issues and operational practices. However, after reading his column of February 20th, entitled \"Bonus dividends might have downsides,\" I respectfully disagree...",
"byline": "Staff Writer",
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"uri": "/2002/03/26/inappropriate-credit-card-use-in-military-doesnt-touch-credit-unions/",
"title": "Inappropriate credit card use in military doesn't touch credit unions",
"summary": "WASHINGTON - The recently highlighted problem of military members charging inappropriately to credit cards does not impact credit unions that primarily serve military members, according to the Defense Credit Union Council (DCUC). No credit unions participate in the DOD's Travel Card or Purchase Card programs, said Roland \"Arty\" Arteaga, president...",
"byline": "Staff Writer",
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"title": "Getting a new spin-on life and accident insurance",
"summary": "COLUMBIA, S.C. - Forget the Minuteman, Colonial Life & Accident Insurance Co. has rolled out a new name and brand earlier this year, Colonial Supplemental Insurance. According to Colonial Supplemental Insurance, the new name is shorter, professional, and stays true to its product category. The new brand swaps the longtime...",
"byline": "Myriam DiGiovanni",
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"uri": "/2002/03/26/anything-cus-can-do-an-insurance-company-can-too/",
"title": "Anything CUs can do, an insurance company can too?",
"summary": "WEST PALM BEACH, Fla. - Insurance companies continue to expand their banking operations in 2002. As the lines between insurers, financial institutions and securities firms become more blurred, many insurance companies are taking full advantage of the 1999 federal reform of financial service regulations by offering consumer-banking services. Wanting to...",
"byline": "Myriam DiGiovanni",
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"uri": "/2002/03/26/life-insurance-sales-slump-in-2001/",
"title": "Life insurance sales slump in 2001",
"summary": "WINDSOR, Conn. - Individual life insurance sales in 2001 fell in the face of an unstable stock market and an uncertain estate tax, despite a slight surge in the fourth quarter that was possibly prompted by the terrorist attack of Sept. 11, according to LIMRA International, a provider of research,...",
"byline": "Staff Writer",
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"uri": "/2002/03/26/ncua-winds-down-three-month-e-learning-pilot/",
"title": "NCUA winds down three-month e-learning pilot",
"summary": "ALEXANDRIA, Va. - This isn't your father's regulator. In an innovative step, NCUA is exploring the use of virtual learning to educate its examiners. On Dec. 3 NCUA started a three-month pilot with e-learning firm VCampus Corporation (www.vcampus.com), Reston, Va. According to VCampus Director of Online Instructor Services Valerie Watson...",
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"uri": "/2002/03/26/whats-ncrcs-agenda/",
"title": "What's NCRC's agenda?",
"summary": "The coverage by Credit Union Times of the reaction by some consumer groups to the repeal of the Community Action Plan (CAP) shows more than a little ideological bias. For example, the National Community Reinvestment Coalition (NCRC) is characterized in a February 13 article as a collection of \"empowerment groups.activist...",
"byline": "Staff Writer",
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"uri": "/2002/03/26/credit-unions-part-of-the-mix-in-public-television-program/",
"title": "Credit unions part of the mix in public television program",
"summary": "WASHINGTON - \"Right on the Money!\" a four-year old public television series which aims to educate consumers about the basics of banking and finance includes credit unions in their programming but does not necessarily recommend them over other financial options. Produced by Twin Cities Public Television and underwritten by Allianz...",
"byline": "Staff Writer",
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"uri": "/2002/03/26/gte-fcu-reaches-1-billion-in-assets/",
"title": "GTE FCU reaches $1 billion in assets",
"summary": "TAMPA, Fla. - GTE Federal Credit Union is now a member of the ever-growing billion-dollar credit union club. This month, for the first time in its 67-year history, GTE FCU has reached the $1 billion in assets mark. To celebrate GTE FCU is holding a \"Billion Dollar Celebration\" that will...",
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"uri": "/2002/03/26/cunas-mckechnie-named-as-top-lobbyist-by-d-c-paper-aba-staffer-also-makes-the-list/",
"title": "CUNA's McKechnie named as top lobbyist by D.C. paper; ABA staffer also makes the list",
"summary": "WASHINGTON - The Hill, a weekly newspaper covering Congress, has named CUNA SVP of Governmental Affairs John McKechnie as one of the top association lobbyists. In a special section called \"The Rainmakers\", the newspaper listed McKechnie in its listing of \"Top Association Lobbyists.\" The ranking was in no particular order....",
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"uri": "/2002/03/26/ncua-says-credit-unions-must-abide-by-sec-rules-when-dealing-with-andersen/",
"title": "NCUA says credit unions must abide by SEC rules when dealing with Andersen",
"summary": "WASHINGTON-Credit unions need to play by Securities and Exchange Commission (SEC) rules regarding auditing and accounting work performed by Arthur Andersen LLP even though they are not subject to oversight from the agency, NCUA directed. The federal financial institutions regulators, including NCUA, announced that the financial institutions they supervise should...",
"byline": "Sarah Snell Cooke",
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"uri": "/2002/03/26/west-197/",
"title": "WEST",
"summary": "Kitsap Community Federal Credit Union, Bremerton, Wash., has named Paula Pack support services manager. LBS Financial Credit Union, Long Beach, Calif., has appointed Jeffrey A. Napper President/CEO. Alaska USA Federal Credit Union, Anchorage, has named Tony Anson, Russ Carlson and Krista Jessen Alaska USA Mortgage Company loan originators. In addition,...",
"byline": "Staff Writer",
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"uri": "/2002/03/26/banking-committee-approves-johnson-and-matz-strong-words-from-senators-at-hearings-nothing-new/",
"title": "Banking Committee approves Johnson and Matz; strong words from Senators at hearings nothing new",
"summary": "WASHINGTON-The Senate Banking Committee has voted in favor of NCUA Board nominees JoAnn Johnson and Deborah Matz and opened the door to a full Senate vote. The vote was originally scheduled for two weeks ago, but the committee failed to establish a quorum. The committee also failed to have a...",
"byline": "Sarah Snell Cooke",
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"uri": "/2002/03/26/midwest-196/",
"title": "MIDWEST",
"summary": "Indiana Members Credit Union, Indianapolis, Assistant Vice President Carolyn Cochran has retired after 32 years of service managing the accounting department. Known for her quiet determination and hard work, Cochran helped the credit union grow from $1 million in assets to over $645 million. Macomb Schools and Government Credit Union,...",
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"uri": "/2002/03/26/after-system-conversion-cu-finds-its-instant-messaging-capabilities-were-just-too-convenient-to-give-up/",
"title": "After system conversion, CU finds its instant messaging capabilities were just too convenient to give up",
"summary": "HOUSTON - Staffers at First Community Credit Union here were a little more addicted to instant messaging each other than they realized. The $250 million CU had been using instant messaging on its internal network for years on a Novell system. When it converted to a Windows NT system that...",
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"uri": "/2002/03/26/south-179/",
"title": "SOUTH",
"summary": "MAX Federal Credit Union, Montgomery, Ala., has elected the following officers to its board: Will Townsend, chairman; Ron Thompson, vice chairman; Barbara T. Starr, treasurer; Sue Jackson, secretary; Thomas E. Ballow Jr., director; Howard J. Bear, director; Jim Solze, director; Kelli Wise, director; and Lloyd Woodman, director.",
"byline": "Staff Writer",
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