Credit Union Times | Accurate and Timely CU News

CU Directors Just One Slice of Sponsor Business

By Staff Writer

LAS VEGAS - The care and feeding of credit union directors has come to be a nice chunk of business for United Communications Group, of Rockville, Md., the sponsor of the National Directors' Convention here. Indeed, the, 28th annual convention held in Las Vegas over the last seven years and...

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Loan Growth Down Slightly from Last Year, Savings Way Off

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U.S. Central Hires New Director of Communications

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August 09, 2005

Southwest's Economic Forum Set

DALLAS - Southwest Corporate's 28th Annual Economic Forum -New Thinking for A New Economy - is set for Oct. 26-27th at the Westin Galleria in Dallas. It features a number of experts and economic leaders including the following: *Peter Ricchiuti-Assistant Dean of Tulane University's business school. *Bill Hampel-Chief Economist for...

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August 09, 2005

WesCorp Gearing Up to be Longterm Provider of Item Processing

SAN DIMAS, Calif. - Yes the number of checks being written continues to decline, but not WesCorp's item processing volume. The corporate has been able to increase volume by picking up business in new markets such as Utah and acquiring a few smaller item processing shops in California. WesCorp SVP...

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August 09, 2005

SunCorp Narrowing CEO List

ARVADA, Colo. - SunCorp said it is winding down its executive search process. The corporate is attempting to fill its vacant CEO slot after CEO Eric Kenealy was terminated earlier this year. Details surrounding the termination were scarce, but the corporate maintains it was not the result of any fraud...

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August 09, 2005

Check 21 May Lead to Efficiencies at the ATM

COLUMBUS, Ohio - The item processing advantages of Check 21 have been heralded for months now, but there could be other benefits. At Corporate One Federal Credit Union's ATM Users Conference held recently, one payment systems exec pointed out ATM efficiencies as another major benefit of Check 21. Peg Bost,...

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August 09, 2005

Low Member Data Puzzles Dollar

LAS VEGAS - Like others in the movement, former NCUA Chairman Dennis Dollar is expressing puzzlement at the stagnancy in membership growth of U.S. credit unions-a miniscule 1.4% increase in 2004 -despite more branches "and access points." Addressing a throng of 1,400 credit union directors at the opening general session...

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August 09, 2005

CUNA Mutual Certainly Not an Automatic Choice for Corporates' Bond Insurance Any More

MADISON, Wis. - In recent years a number of corporate credit unions have moved their bond insurance away from CUNA Mutual and into the hands of other insurance companies. It's a fact that worries CUNA Mutual CEO Jeff Post. "I think that corporates are kind of voting with their feet....

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August 02, 2005