News

Even before it officially organized in 1999, the African-American Credit Union Coalition got together informally to discuss issues of the day.

Firefighter credit unions from across the U.S., many of whose staff converged here today for memorial services honoring their brethren victims of Tuesday's calamitous warehouse fire, were looking to a newly-activated on-line fund-raising vehicle to bring in donations.

One of the new features of the redesigned <em>Credit Union Times</em> Web site is podcasts.

Credit unions have done remarkably well recently in repairing once-troubled ties with auto dealers, but work still needs to be done on speeding up approval times, a former Evansville, Ind. dealer and automotive publisher told CU executives Thursday.

COCC says it is plans to convert a majority of its check-processing clients to the Federal Reserve Bank's FedReceipt Plus inclearing product.

CUDL (CU Direct Corporation), the nation's largest point-of-sale and indirect lending network for credit unions reported high penetration numbers for its AutoSMART program and Web site www.cudlautosmart.com. CUDL announced that AutoSMART reached a record number 453 credit unions and 3,959 auto dealer participants representing some 15 million members.