News

CUNA Mutual Insurance Society says that its recent cut of 27 jobs from its Madison call center has to do with its ongoing effort to restructure its operations and nothing to do with the recent move to try to merge with Iowa based CUNA Mutual Life Insurance.

NCUA issued a legal opinion letter (06-1214) preempting Virginia's Division of Unclaimed Property challenge to a federal credit union's dividend and fee practices regarding inactive accounts.

Borrowing a leaf from its Michigan counterpart, the Utah League of Credit Unions has launched a "member information" Web site to help discourage the planned conversion of the $177 million Beehive Credit Union to a mutual bank.

Borrowing a leaf from its Michigan counterpart, the Utah League of Credit Unions has launched a "member information" Web site to help discourage the planned conversion of the $177 million Beehive Credit Union to a mutual bank.

John Schooler, the former president of Fiserv's USERS credit union core processing subsidiary, is back in the credit union space as senior vice president and general manager of the Real Time Systems Group of Fidelity National Information Systems.

For some credit unions, working with a CUSO is unchartered territory.