News

WASHINGTON-While acknowledging credit unions' interest in moving the Credit Union Regulatory Improvements Act, House Financial Services Committee Chairman Mike Oxley (R-Ohio) told credit unions that right now is the time to push for regulatory relief legislation. "The Credit Union National Association is one of the strongest grassroots organizations I have...

WASHINGTON-The strength and health of the credit union community lies with a strong dual chartering system, NASCUS Chair Linda Jekel director of credit unions for Washington state, said. "Dual chartering also allows the system to effectively work together on common challenges - this function of the dual chartering system could...

WASHINGTON-CUNA President and CEO Dan Mica encouraged credit union officials to be respectful to the lawmakers they meet with during their visits on Capitol Hill but get their point across. "Be respectful, don't be rude, but be forceful," Mica recommended. "Credit unions don't want this war.Consumers don't want this war.The...

LAS VEGAS - Integrated Media Management (IMM), which specializes in output management and document automation technology, and VSoft Corporation, a global information and technology provider of process improvement tools, have teamed up to offer financial institutions more Check 21 options. IMM will offer VSoft's Branch Item Capture, eDesk Genesis, and...

WASHINGTON-A credit union took a chance on Congressman Butch Otter's (R-Idaho) family business when no one else would. His father tried to get a loan from a bank to start a small dairy but was turned down. The Otters' credit union came to the rescue though. "That credit union took...

WASHINGTON-Communication, tied to action, is the way to maintain a strong credit union system, NCUA Vice Chairman Rodney Hood said. Hood stated, "Communication requires more than just listening. It requires action." He said that he and the agency had to be willing to adapt to credit unions' needs to fulfill...