News

ALEXANDRIA, Va. - NCUA's first quarter trend report shows if assets continue to grow the way they did in the first quarter they will be up a solid 9.53% for the year. Assets increased to $15.4 billion, a 2.38% increase. Net worth, a hot topic of late, increased $1.5 billion,...

ST. CHARLES, Mo. - Service-oriented architecture (SOA) is a term much bandied about these days, along with its close relatives XML, Microsoft .NET and Web services. But what is SOA? "SOA is a software architectural style based on loose coupling among software agents that interact," is how it's defined by...

MANCHESTER and LONDON, U.K. - In a sign of growing government support for credit unions, Great Britain CUs can now participate in Child Trust Funds (CTF). Parents of all children born after Septemer 1, 2003 will receive up to 500 (US$950) paid directly into the special accounts. Parents can add...

SAN FRANSICO - InfoIMAGE, a provider of an automated solution for the creation, distribution and management of paper and Internet documents, announced the addition of Susan Reed as its new corporate sales manager. Reed's duties include leading InfoIMAGE's marketing efforts to promote the company's data processing, printing and mail services,...

PALO ALTO, Calif. - Paper's not going away anytime soon, so credit unions might as well make the most of what technology has to offer in the way of print, too. That's the philosophy behind Addison Avenue Federal Credit Union's use of the customization options it has for its electronic...

LONDON, UK - The British Treasury has launched a full study into credit union loan rates currently capped at 12.68% a month. In favour of raising the cap is the Joseph Rowntree Foundation, one of the largest UK social policy research and development charities. Paul Jones, credit union expert and...