News

WASHINGTON-America's Community Bankers President and CEO Diane Casey-Landry highlighted the fund-raising ability of the Credit Union Legislative Action Council of CUNA and urged the bankers to compete. To illustrate her point, Casey-Landry held up a copy of a Credit Union Times article regarding CULAC's size and breadth of contributions both...

MONTEREY, Calif. - Credit unions that want to serve the Hispanic market should be prepared to ask themselves difficult questions, like whether or not their current members will feel comfortable standing in teller lines with large numbers of newly arrived immigrants, said CES Credit Union Vice President Kelly Schermerhorn, who...

WASHINGTON-America's Community Bankers listed among its priority issues for 2006 the Credit Union Charter Choice Act (H.R. 3206) and clearing obstacles to further conversions of credit unions to mutual savings banks. ACB First Vice Chairman Mark Macomber, president and CEO of Litchfield Bancorp in Litchfield, Conn., taunted NCUA as a...

MONTEREY, Calif. - The NCUA must take into account the different types of credit union charters during its data collecting initiative, said new California Credit Union League President Bill Cheney during the opening session of the league's Big Valley Educational Conference. Cheney covered a number of topics during the session,...

AUCKLAND, New Zealand - Like the Americans, New Zealanders are not great savers according to the media. Not so fast, says Doug McLaren, CEO of the Association of New Zealand Credit Unions. He is frustrated with those newspaper and television stories decrying the spendthrift ways of citizens, because credit union...

The nation's three largest credit unions still choose to do their data processing on their own in-house. In fact, seven of the top 50 CUs go that route. Putting them aside, Symitar Systems has the largest slice of the big credit union market with 14 clients. They are followed by...