News

LIBERTY LAKE, Wash. - Credit unions would concur they want their employees to be proactive with members, but that can sometimes be easier said than done. Planning strategies and conveying messages and expectations to staff often turns into a hit-and-miss scenario. That's why it's become the objective of Spokane Training...

One credit union asked IRS to treat its deferred compensation plan in a for-profit manner, and the IRS agreed. Turn to page 6 to learn more about it.

Credit unions are always finding new ways to use technology to streamline operations. Read about that and the latest credit union technology news on pages 22-31.

Driven by the need to meet the requirements of the Patriot Act and the Sarbanes-Oxley Act, the nation's financial institutions spent $2.6 billion on information technology to facilitate compliance, and another $6 billion on operational needs, according to Financial Insights. The research and advisory firm says it expects that trend...

MONETT, Mo. - Jack Henry & Associates, parent company of credit union data processor Symitar Systems, has promoted President Jack Prim to CEO and COO Tony Wormington to President. Michael Henry, the firm's chairman and CEO, will continue on as chairman. "Jack and Tony have both been performing the responsibilities...

Here is a list of the New York Credit Union Foundation technology grant recipients: Abyssinian Baptist Church FCU, New York City All Souls FCU, New York City AMNH Employees FCU, New York City BHA Residents CDFCU, Binghamton Buffalo Ryerson FCU, Buffalo Cornerstone Baptist Church FCU, Brooklyn El Barrio CU, New...