Credit Union Times | Accurate and Timely CU News

TMG Financial, CU Student Choice Receive NACUSO Award

By Michelle A. Samaad

NACUSO has named TMG Financial Services and Credit Union Student Choice its 2009 Collaboration and Innovation award co-winners.

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PULSE Heading Into Surcharge Free

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WesCorp Members Won't Be Forced to Recapitalize

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May 06, 2009

MoneyPass Already a Familiar Partner to Some Credit Unions

Skeptics evaluating the freshly minted PULSE/MoneyPass surcharge free ATM network openly doubt whether many credit unions will be drawn to a partnership with a subsidiary of US Bank, but MoneyPass has built relationships with CUs for some time.

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May 06, 2009

Obama Unveils Details of Spending Plan

President Obama today spelled out the details of his $4.3 trillion budget, including $17 billion worth of spending cuts.

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May 06, 2009

Why Should Members Trust WesCorp Again?

WesCorp members asked management why they should continue to support the institution, after management, board members, supervisory and ALCO committees, and NCUA audits didn't identify the potential for investment losses.

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May 06, 2009

West Texas Credit Union's Capital Well Dries Up

The $84 million West Texas Credit Union reported approximately 12% net worth as recently as September 2008. However, it has taken a beating somewhere on the balance sheet each quarter since, leaving it with only 0.12% net worth as of March 31.

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May 06, 2009

Time May be Ripe to Shop for Insurance Agency Buys

With agency valuations falling and owners looking for exit strategies, credit unions might want to consider searching for deals to acquire insurance agencies, according to one industry expert.

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May 05, 2009

'Business as Usual' Model May be on its Death Bed

Speaking at NACUSO's annual conference this week, Tom Davis, president/CEO of the group, told attendees that the "business as usual" mantra is reaching an "evolutionary dead end."

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May 05, 2009

Credit Union 24 Trumpets First-Quarter Growth

Credit Union 24 announced that four more CUs have joined its network, and credit unions worth more than $4.3 billion in assets have renewed their contracts.

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Top News Stories

TMG Financial, CU Student Choice Receive NACUSO Award

PULSE Heading Into Surcharge Free

WesCorp Members Won't Be Forced to Recapitalize

Recommended Just For You

News Stories

MoneyPass Already a Familiar Partner to Some Credit Unions

Obama Unveils Details of Spending Plan

Why Should Members Trust WesCorp Again?

West Texas Credit Union's Capital Well Dries Up

Time May be Ripe to Shop for Insurance Agency Buys

'Business as Usual' Model May be on its Death Bed

Credit Union 24 Trumpets First-Quarter Growth