News

See pages 20-22 for on-site coverage of National Association of Credit Union Charimen's Roundtable Forum as the volunteers deal with such issues as succession planning, fraud and others.

GRAND RAPIDS, Mich. - Xtend, a Michigan-based CUSO owned by 35 credit unions that are also owners of multi-owned CUSO CU*Answers, has added a new bookkeeping service for CU*Answers clients to the array of managerial, operational, marketing, technical planning and consulting services it offers. By outsourcing routine tasks like daily...

WASHINGTON - Callahan & Associates has published its 2005 Directory of Credit Union Service Organizations, and the data show the CUSO impact is growing in the wide variety of markets credit unions are involved in. The data collected is based on surveys returned to Callahan by credit unions. "Because CUSOs...

LENEXA, Mo. - After four months of discussion, CU Direct, based in Rancho Cucamonga, Calif., and U.S. Central are in what could be the final stages of talks that the CUSO is optimistic will culminate with a signing of an agreement between CU Direct and U.S. Central for the CUSO...

SAVANNAH, Ga. - The layers of governance reform that have largely come from the Sarbanes-Oxley Act of 2002 have already impacted credit unions, but some are still wondering if they're doing enough. Speaking to NACUC attendees at a breakfast session, Michael Daigneault, principal & director of advisory services at DeLeon...

TALLAHASSEE, Fla. - Ken Spence, former SVP of Human Resources for Suncoast Schools FCU, has been hired by the FCUL Service Group as an independent consultant for HRx, human resources division, and KNOWMORE, the Florida Credit Union League's education department. FCUL Service Group is the service corporation for the Florida...

SAVANNAH, Ga. - The growing cases of identity theft and the continuation of internal crimes have forced credit unions to add even more layers of prevention policies and member education resources. At the National Association of Credit Union Chairmen's Roundtable Forum here, attendees shared their perspectives on specific fraud cases...

SAVANNAH, Ga. - For many credit unions, converting to a community charter has more upsides than down, but the long-term effects are varied and unexpected. Since the passage of the Credit Union Membership Access Act of 1998, new community charters have doubled and 14% of all federal credit unions now...