News

MONTEREY, Calif. - Credit unions must address six key issues that will determine the future of the industry, said former NCUA Chairman turned consultant Dennis Dollar at the California Credit Union League's Big Valley Educational Conference. Dollar's six key issues include capital modernization, marketplace competition, cooperation among credit unions, the...

BILOXI, Miss. - The Katrina property damage at the $1.4 billion Keesler Federal Credit Union could have been a lot worse and so could have loan write-offs, but there are plenty of lessons learned when it comes to disaster preparedness. "You know when the power went out, our backup generators...

WASHINGTON - Like most credit unions, Bank-Fund Staff Federal Credit Union is awash in paper, from multi-page member account statements to mortgage loan applications. But if most credit unions find that managing paper files is at best a hassle, at Bank-Fund, it was a nightmare. Bank-Fund has $2 billion in...

MONTEREY, Calif. - Credit union executives need to start thinking of technology as an art rather than a science, said Internet entrepreneur Scott Klososky. Klososky shared his views on technology trends and how credit unions can use them to increase youth market share during the general session of the California...

ATLANTA - S1, traditionally a banking technology vendor, has its sights on the credit union market. The company has created a new credit union team to increase its penetration in the industry. The team attended CUNA's Governmental Affairs Conference and a recent Symitar users' conference to try and get the...

GLASTONBURY, Conn. - There has been a flurry of news coming from Open Solutions Inc. of late. The company recently announced its plan to handle two-factor authentication for online systems access. Vendors have been tackling two-factor authentication in a variety of ways; some relying on deeper questions to end users,...