News

MANILA, Philippines - Three Asian co-operative trade organizations combined forces for five days in September to bring together credit union people from 25 Asian countries, all wanting to discuss credit union issues. A CEO two-day workshop attracted 31 credit union CEOs followed by a three-day forum with 343 participants from...

FRAMINGHAM, Mass. - Credit cards continue to be the main source of financial loss to fraud for financial institutions, and look to stay that way. Meanwhile, as these two graphics from a new report by research and advisory firm Financial Insights show, checks will show a sharp decline as a...

CAMBRIDGE, Mass. - People who describe themselves as "tech optimists", about half the population, are twice as likely to have broadband at home than the general population, according to the latest Forrester Research Technographic studies of more than 68,000 consumers. The think firm says that's yet more evidence that financial...

COLUMBIA, S.C. - Will the experience of Hurricane Katrina affect the balance of preference between service bureau and in-house processing among credit unions? Not necessarily, according to some executives at core processors and at least one well-known consultant in credit union land. Others, meanwhile, think a service bureau option will...

FORT WORTH, Texas - After a deadly twister ripped through the heart of Fort Worth in March 2000, Bill Burrows knew what his counterparts to the south might be facing from Hurricane Rita. EECU took such a heavy hit from the March 28 twister that the downtown-area icon had to...

SEWICKLEY, Pa. - A new, Web-based reporting system is helping managers at Pittsburgh Central Credit Union know why they come to work each morning, their CEO says. The $35 million CU completed a conversion this summer to the hosted Premier core processing platform from IntegraSys and has been using its...