News

SAVANNAH, Ga. - The layers of governance reform that have largely come from the Sarbanes-Oxley Act of 2002 have already impacted credit unions, but some are still wondering if they're doing enough. Speaking to NACUC attendees at a breakfast session, Michael Daigneault, principal & director of advisory services at DeLeon...

TALLAHASSEE, Fla. - Ken Spence, former SVP of Human Resources for Suncoast Schools FCU, has been hired by the FCUL Service Group as an independent consultant for HRx, human resources division, and KNOWMORE, the Florida Credit Union League's education department. FCUL Service Group is the service corporation for the Florida...

SAVANNAH, Ga. - The growing cases of identity theft and the continuation of internal crimes have forced credit unions to add even more layers of prevention policies and member education resources. At the National Association of Credit Union Chairmen's Roundtable Forum here, attendees shared their perspectives on specific fraud cases...

SAVANNAH, Ga. - For many credit unions, converting to a community charter has more upsides than down, but the long-term effects are varied and unexpected. Since the passage of the Credit Union Membership Access Act of 1998, new community charters have doubled and 14% of all federal credit unions now...

LENEXA, Kan. - Results of the election of the new NACUSO Board of Directors were announced at the association's 2005 Annual Meeting last month held in conjunction with NACUSO's first CUSO CEO Collaborative. Three incumbents were re-elected into terms expiring in 2008: Vice Pantea, NACUSO interim president and president/COO of...

LONDON, U.K. - Credit unions and other community development groups will benefit from 36 (US$63.19) million package announced by David Blunkett, Secretary of State for Work and Pensions. The money is to be used to tackle financial exclusion. Credit unions will use the funds to help provide low cost credit...