News

OVERLAND PARK, Kan. - The 10-year non-compete between Corporate Network Brokerage Services and a U.S. Central brokerage CUSO (Capital Markets, Inc.) was abolished six years early. The non-compete prohibited CMI from providing brokerage and advisory services to natural person CUs, and prohibited CNBS from providing brokerage and advisory services to...

WEST PALM BEACH, Fla. - State-chartered credit union activity was kicked up several notches in 2002 as NASCUS received signals from Capital Hill that Congress would have its eye on the state-chartered CU system in the 108th session with the possibility of restricting SCCUs' and state regulators authorities. State-chartered credit...

WASHINGTON-Credit union activists in the nation's Capitol have been coming and going throughout 2002, including trade association employees, as well as the federal regulator and key members of Congress. Most notably, the president replaced two-thirds of the NCUA Board in January of this year. NCUA Board Member JoAnn Johnson joined...

NEWPORT BEACH, Calif. - If 2001 was the year NCUA's approval of expanded incidental powers for federal credit unions made CUSOs sit up and reevaluate their evolving role in the CU industry, then 2002 can be considered the year the Securities and Exchange Commission put CUSOs on notice that the...

Four of the five charts on this page were published in CUNA's 2002-2003 Environmental Scan Report. The report, which assesses strategic aspects of the industry and looks toward the future, is available for sale by calling 800-356-8010, ext. 4157 or by visiting www.cuna.org.

Find out what Online Resources' President/CEO Matt Lawlor and Open Solutions Inc. President/CEO Louis Hernandez have to say about the state of each of their tech niches in the special report on pages 18-30.

Understanding the options available to your financial institution in the loan applications and origination markets is critical to the long-term success of your lending program, but at times can be confusing due to the large array of services being offered. When evaluating lending systems, it is critical to understand not...

CALABASAS, Calif. - Digital Insight announced the launch of its AXIS Lender Platform. The company says the new platform "offers the ease of an ASP solution with the control and customization of an in-house lending solution, while reducing decision execution time to about 30 seconds from receipt of the completed...