News

VANCOUVER, B.C.-Nothing but blue skies for credit unions' economic future, according to four members of the Credit Union Economics Group. During NAFCU's 37th Annual Conference, the group's Chief Economist and Director of Research Tun Wai predicted that rising consumer confidence will bolster consumer spending. "Boosting consumer confidence and spending is...

VANCOUVER, B.C. -To stay true to the credit union mission, CUs need only adhere to basic American ideals, according to NCUA Board Member Debbie Matz. Stay true to democracy and the "melting pot" and the American Dream, she encouraged. "I feel confident that as long as credit unions stay true...

VANCOUVER, B.C. - Early in his credit union career, San Antonio Federal Credit Union CEO Jeff Farver learned a very valuable lesson in public relations. He was new to a credit union when the CEO was suddenly removed by NCUA. The credit union had no plans of how to deal...

MANCHESTER, N.H. - MembersFirst Credit Union is combining the power of a portal with the depth of a knowledge management database to provide smoother operations for its employees and better service to its members. The $120 million CU is one of the first to combine the intranet collaboration portal from...

BETHPAGE, N.Y. - Maria Tullo now relies on software instead of paper pushing to make sure Bethpage Federal Credit Union is following federal regulations covering home mortgage lending. Tullo is assistant manager of mortgage originations for the $1.7 billion CU on Long Island and is using the HMDA RELIEF system...

Serving businesses is one of the most promising growth areas for credit unions. Read the latest on this dynamic area of operations on pages 20-23.