News

VANCOUVER, B.C.-NAFCU President and CEO Fred Becker told attendees of NAFCU's 37th Annual Conference & Exhibition that banks should stop whining about credit unions' advantages and step up to the plate, but, at the same time, credit unions need to toot their own horns more. Banks constantly complain that credit...

VANCOUVER, B.C.-Vancouver City Savings Credit Union President and CEO Dave Mowat welcomed visiting NAFCU members to the city of the 2010 Winter Olympics at the opening of NAFCU's 37th Annual Conference and Exhibition. Canadian credit unions face some of the same challenges credit unions in America are challenged with. Mowat...

DES MOINES, Iowa - The Members Group looks different these days and its leaders hope everyone notices. The Members Group is owned 50/50 between the Iowa CU League and Iowa Corporate Central CU. Its leaders describe it as one of the best-kept secrets in the industry, which they're hoping to...

SAN ANTONIO, Texas - San Antonio City Employees FCU is putting security at its employees' fingertips. The $240 million credit union recently introduced a new biometric technology system that examines a person's unique typing keystroke to authenticate users. It is using the BioPassword product from Issaquah, Washington-based BioNet Systems LLC....

BATON ROUGE, La. - APPRO Systems, Inc., a popular provider of online lending solutions for credit unions, has introduced the latest version of its consumer loan automation system, LoanCenter Consumer 3.0. It is currently being used at Boeing Employees Credit Union. "The integration of the settlement services providers streamlines the...

FRAMINGHAM, Mass. - Phishing schemes will cost financial institutions in the U.S. and abroad up to $400 million in fraud losses this year and are unlikely to abate without concerted efforts to improve e-mail security and authentication technology. That figure and assessment comes from a new report by Sophie Louvel,...