News

WASHINGTON - Fee income per member continues to be a strong driving force for credit unions. As of June 30, Callahan reports that the average fee income per member was $61 according to data gathered from 9,063 credit unions. Year-to-date, the top 50 credit unions here have generated more than...

ANAHEIM, Calif. - Credit Union Times' Correspondent Heather Anderson asked attendees of the California and Nevada League CU Leadership Summit what qualities they are looking for in the successor to League CEO David Chatfield. Here's what they had to say: What qualities do you feel the league should be looking...

Doing the right thing comes easy to Michael Davenport, president of the $9 million Integris FCU.

The NCUA Board, or more accurately JoAnn Johnson, met for the October board meeting. Turn to page 19 for the full coverage.

Turn to pages 22-27 for the latest news on investments and trust services, including how Iowa and Illinois CUs are using banks to build up their trust business.

WASHINGTON - The SEC has named Joy Gaines Thompson as the acting district administrator of its Philadelphia district office (PDO), the agency announced Oct. 14. Thompson will succeed Arthur Gabinet, who will leave the SEC at the end of October to head up the securities regulation group at the Vanguard...

FITCHBURG, Mass. - Workers' Credit Union recently held a free seminar targeted at women and their financial security. The `Smart Women Finish Rich' session, which was conducted by Workers' Financial Services, the CU's investment and insurance subsidiary, featured presentations on determining where women attendees stood financially; how to invest based...

WASHINGTON - Thanks to a bump in the cost of living adjustment, Social Security monthly checks will soon see a 4.1% increase, the largest hike in more than a decade. Starting in 2006, more than 48 million Americans will get a 4.1% increase in their monthly Social Security checks. The...