News

ALEXANDRIA, Va. - NCUA has issued a Letter to Credit Unions (04-CU-05) warning of a recent rash of fraudulent e-mails being distributed in the name of federal regulatory agencies. The letter notes that Treasury recently issued a press release on the matter. The false e-mails are sent out in an...

DUBLIN, Ireland - The Financial Services Regulatory Authority (IFSRA) has published a three-year strategic plan that will affect Ireland's more than 500 credit unions. In May, as the IFSRA celebrates its first anniversary, all Irish financial services will come under one agency. In the past, different parts were subject to...

MANCHESTER, U.K. - The Association of British Credit Unions, Ltd. (ABCUL) is undergoing two major management changes. CEO Shaun Spiers, who joined ABCUL in 1999, has resigned to accept a post to become the CEO of the Campaign to Protect Rural England. A former member of the European Parliament Spiers...

Alaska USA Trust Co. Launched in1997 by Alaska USA FCU Headquarters: Anchorage, Alaska $3 billion in assets under management (Dec. 2003) 750 member and institutional investors (Dec. 2003) President: Bill Eckhardt Phone: (907) 562-6544 Arrowhead Trust Inc. Launched in 1995 by Arrowhead Credit Union Headquarters: San Bernardino, Calif. $520 million...

Comparing the latest listing of the top 100 credit unions by assets as of December 2003 to December 2002 shows not only are there more credit unions with more than $1 billion in assets, but the number of CUs with more than $2 billion in assets is also growing. As...

* Ask your employees and members to watch for newspaper advertisements for imposter credit unions. * If an advertisement is noted, contact the real credit union at its telephone number of record. * If you see an advertisement for a credit union that looks suspicious, contact your state regulator. *...