Credit Union Times | Accurate and Timely CU News

Credit Union Friends Reach High Places

By Staff Writer

WASHINGTON-When John Roberts was nominated to the Supreme Court, some in the credit union industry scratched their heads and wondered why he looked familiar. Roberts, who has since been sworn in as Chief Justice, had represented the Campaign for Consumer Choice in the AT&T Family Federal Credit Union v. First...

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Daubs Steps Down from MEMBERS Capital Post after 32 Years

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CMG Gets Out of Mortgage Business with Sale of CUNA Mutual Mortgage

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December 20, 2005

Allpoint Continued to Make Name for Itself in 2005

BETHESDA, Md. - Allpoint, the nationwide non-reciprocal surcharge-free ATM network, continued to grow in 2005 as both credit union and banks executives began to better understand how the network's nonreciprocal pricing strategy and large footprint can help them serve their members and customers. The network, which provides nationwide surcharge-free access...

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December 20, 2005

Billionaires Club Ranks Continue Growing

WEST PALM BEACH, Fla. - The growing ranks of credit unions boasting $1 billion or more in assets meant it was no problem in 2005 to find candidates for Credit Union Times' Billionaires Club. By mid-year the count had risen to 104. Many people would argue economies of scale can...

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December 20, 2005

North Dakota CUs Suffer Tough Year

BISMARCK, N.D. - 2005 has been a rocky one for North Dakota credit unions and their trade group. The latest brouhaha involving the North Dakota Credit Union League and the North Dakota Bankers Association over a newly enacted FOM law was set to surface during the December meeting of the...

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December 20, 2005

Investment News: In-House Investment Shifts, Bentley Goes to Prison Among Top Stories

PHILADELPHIA - A scammer gets convicted for duping credit unions and other financial institutions, and more credit unions move their investment CUSOs in-house were among the top stories this year. For his role in a Ponzi scheme that hundreds of credit unions and others invested $370 million in, Robert L....

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December 20, 2005

Graham Leaves Kinecta, Joins SunCorp

MANHATTAN BEACH, Calif. - Long-time Kinecta FCU CEO Thomas Graham departed the $3 billion credit union on April 29. Graham's absence from the industry was short-lived, as this fall he was named as CEO of SunCorp, replacing Eric Kenealy, who was terminated for reasons still unknown. Graham, who joined Kinecta...

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December 20, 2005

Centrix Feels the Heat as NCUA Tightens Compliance Requirements on Subprime Indirect Lending

ALEXANDRIA, Va. - For credit unions' loan portfolios and membership ranks, indirect lending seemed to kick into fourth gear this year as a major factor. But that activity may have been tempered for the second half of 2005 after NCUA put federally-insured credit unions on notice with its Risk Alert...

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December 20, 2005

CU Trades, Agency Boost Presence at Inaugural Events

WASHINGTON-Representatives of CUNA, NAFCU, and NCUA all made the rounds to a variety of inaugural events-as well as co-sponsoring an event or two-celebrating President George W. Bush's swearing-in to his second term. Top officials from all three groups attended a number of the inaugural balls, including the Texas Black Tie...

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Top News Stories

Credit Union Friends Reach High Places

Daubs Steps Down from MEMBERS Capital Post after 32 Years

CMG Gets Out of Mortgage Business with Sale of CUNA Mutual Mortgage

Recommended Just For You

News Stories

Allpoint Continued to Make Name for Itself in 2005

Billionaires Club Ranks Continue Growing

North Dakota CUs Suffer Tough Year

Investment News: In-House Investment Shifts, Bentley Goes to Prison Among Top Stories

Graham Leaves Kinecta, Joins SunCorp

Centrix Feels the Heat as NCUA Tightens Compliance Requirements on Subprime Indirect Lending

CU Trades, Agency Boost Presence at Inaugural Events