Credit Union Times | Accurate and Timely CU News

New Zealand's People's Bank fever infects Australia

By Staff Writer

SYDNEY, Australia and AUCKLAND New Zealand - The term "people's bank" isn't used much in the U.S., but the term which refers to a government-sponsored bank that brings financial services to those that are not served by traditional financial institutions, has begun to circulate in Australia. In New Zealand it's...

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IT BUDGETS: Many CUs cutting IT budgets next year

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Challenges motivate CUSCAL's Dhun Karai

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November 13, 2001

Matching Treasury list with member rolls becoming technological necessity

COLUMBIA, S.C. - The national effort to fight terrorism at its financial roots is now posing a challenge to credit unions: How do you match your member rolls against the Treasury Department's list of more than 7,000 suspected terrorists, international drug dealers and other undesirables? The problem is not just...

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November 06, 2001

SPECIAL REPORT: Auto loans/leases

CUNA argues auto dealers should have to comply with Reg Z. Read the details and other auto lending/leasing news on pages 16 and 17.

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November 06, 2001

Primed for profitability

It's been a long road, but Internet solutions firm Digital Insight, a major provider of Net banking to CUs, says it is set to reach profitability. Read about this and its future plans in a one-on-one interview with DI Chairman and CEO John Dorman.

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November 06, 2001

Educate members on car buying process, former car dealer turne consumer advocate advises CUs

CU Times Editor-in-Chief BATON ROUGE, La. - Jeff Gutierrez speaks from experience when he tells credit unions that the majority of car dealers, like any good businessman, want to make as much money as possible and will try every trick in the book to make a sale. "They have a...

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November 06, 2001

CUNA: Amend Reg Z to apply to auto dealers' 0% financing

WASHINGTON - Should auto finance companies be required to make Reg Z-type disclosures to consumers when they offer auto loans with APRs at or near 0%? In the mid-eighties, the Fed said this would not be feasible, but now CUNA wants the Federal Reserve Board to go back to the...

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November 06, 2001

Leading auto manufacturer agrees, 0% financing unsustainable

WEST PALM BEACH, Fla. - Credit union presidents and trade association economists have been saying all along that the 0% financing deals being offered by auto finance companies are unsustainable. Now at least one auto manufacturer has said so as well. A recent USA Today article reported that Ford Motor...

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November 06, 2001

Gas giveaway helps 1st City Savings FCU drive successful auto loan offer

GLENDALE, Calif. - What do you get when you combine a gas giveaway promotion with a rate drop for auto loans? For 1st City Savings FCU, the winning combination helped the $252 million credit union offer what turned out to be its most successful auto loan promotion of the year....

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Top News Stories

New Zealand's People's Bank fever infects Australia

IT BUDGETS: Many CUs cutting IT budgets next year

Challenges motivate CUSCAL's Dhun Karai

Recommended Just For You

News Stories

Matching Treasury list with member rolls becoming technological necessity

SPECIAL REPORT: Auto loans/leases

Primed for profitability

Educate members on car buying process, former car dealer turne consumer advocate advises CUs

CUNA: Amend Reg Z to apply to auto dealers' 0% financing

Leading auto manufacturer agrees, 0% financing unsustainable

Gas giveaway helps 1st City Savings FCU drive successful auto loan offer