News

During Corporate One Federal Credit Union's Enterprise Wide Risk Management Conference held April 30-May 2 in Las Vegas, NCUA Vice Chairman Rodney Hood stressed the need to look at the big picture when it comes to risk.

Centrix Dueling Lawsuits Being sued by Everest National Insurance, former Centrix CEO Bob Sutton claims subprime auto insurance coverage lapsed on CU-funded loans and may settle with the company. For CUs still holding loans that deal could prove costly. See page 6 for the exclusive story.

IBT Enterprises, a design, construction and consulting firm for financial services and specialty retail industries, has unveiled a new Web site.

A group of manufacturers, industrialists and entrepreneurs is spearheading an effort to found a low-income, community chartered credit union in the sparsely populated Meigs County in Tennessee.

CUES and Houston-based Strunk & Associates, L.P. have joined forces to launch a premium checking product designed to promote membership growth.

Skidmore Employees Federal Credit Union will merge with State Employees Federal Credit Union pending NCUA and member approval.