News

SPOKANE, Wash. and TULSA, Okla. - The Washington and Oklahoma credit unions leagues will be holding their 2002 annual conventions on Sept. 11 - one year to the day after the terrorist attacks in New York City and Washington, D.C. "It's definitely been a challenge to have our meeting fall...

WASHINGTON- As much as they did for anyone, the Sept. 11 terrorist attacks prompted Pentagon Federal Credit Union to re-think its crucial data backup operations. So, it turned half a continent away, to Omaha, Neb., where a new dedicated hot site has been added to the big CU's existing call...

COLUMBIA, S.C. - The focus on identity fraud expanded from a consumer problem to one of national security after Sept. 11, but despite the passage of new laws and development of new technologies, the challenge remains large. That's the take from Ariana-Michele Moore, an analyst for Boston-based Celent Communications, who...

ALBANY, N.Y. - As the corporate serving New York credit unions, which were the CUs most impacted by 9/11, Empire Corporate found itself under pressure to move quickly and efficiently to keep business moving as normal as possible. Here's an overview of what the corporate did that day and in...

MADISON, Wis - Although New York-based Municipal Credit Union could not have made a claim for insurance money to make up for its recently revealed $15 million loss to ATM fraud, and even though the U.S. Congress has yet to resolve the terrorism insurance issue, CUNA Mutual reiterated its commitment...

* John Zimmerman, NAFCU communications manager, was in a meeting with representatives from US Central when one of the gentlemen received a page saying that a couple of planes had hit the World Trade Center. "[M]y immediate thought was no way; there must be something wrong with the message. It...

Credit union fans in N.J. will soon be able to show their appreciation on their bumpers. Page 6.

Despite regulatory obstacles, credit unions are reaching out to small businesses in their field-of-membership and offering member business loans and other business-related services. Read about their initiatives and other MBL news on pages 18 and 19.