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Growing CEO Retirements Spark Call for Succession Planning

By Staff Writer

SAN DIEGO - With an estimated 60% of credit union chief executive officers slated to retire in the next 10 years - 30% of them within the next three to five years - succession planning should be a priority for credit unions to ensure a smooth leadership transition, according to...

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Western Reliance Corp. Names COO

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The Battle for Bankruptcy Reform Wages On as Filings Continue to Rise

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June 22, 2004

AACCU Goal: Standards and Helping Poor

BANGKOK, Thailand - Most credit union organizations work in one country, one language, one culture, one government. For the Association of Asian Confederation of Credit Unions (AACCU), which is a regional networking body for credit unions throughout 12 Asian countries, the only constant is the credit union philosophy. The group...

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June 22, 2004

Markets Are Changing; Credit Unions Advised to Change, Too

SAN DIEGO -Credit unions are only doing an "average" job in reaching out to the underserved and unbanked, forcing tens of millions of people to seek out alternative financial services such as check cashers and payday lenders. And credit unions only receive average marks for serving the young. A 20-year-old...

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June 22, 2004

With Number of CU Robberies Going Up, CUs Seen as `Soft' Targets for Robbers

SAN DIEGO - Robberies at credit unions have more than doubled since 1990, with robbers viewing credit unions as much easier targets than banks and other financial institutions, according to one of the most experienced bank robbery investigators in the United States. "Credit union robberies over the last 14 years...

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June 15, 2004

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CUNA Mutual Mortgage announces announces a new mortgage servicing group that it says could save credit unions big bucks over time. Page 18.

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June 15, 2004

Special Report: Data Processing & Technology

Behind the systems and solutions of tech companies is a business model. See how one major player is positioning itself and read about other technology news on pages 21-32.

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June 15, 2004

Jack Henry Sets Opening Date for Two New Check-Imaging Centers

MONETT, Mo. - Jack Henry & Associates Inc. plans to open two new remote item processing centers this year to handle the increased business expected in the wake of Check 21, the company says. An OutLink center in St. Louis will open July 1 and another will open in Philadelphia...

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June 15, 2004

Security Specialist Offers Free Test of Vulnerability Assessment Software

CHAPIN, S.C. - A team of online banking security specialists has developed a software tool to help credit unions determine if their sites can be comprised by automated hacking scripts and denial-of-service attacks. The CUDefense team is trying to drum up business for its new BankBuster software that it's offering...

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Top News Stories

Growing CEO Retirements Spark Call for Succession Planning

Western Reliance Corp. Names COO

The Battle for Bankruptcy Reform Wages On as Filings Continue to Rise

Recommended Just For You

News Stories

AACCU Goal: Standards and Helping Poor

Markets Are Changing; Credit Unions Advised to Change, Too

With Number of CU Robberies Going Up, CUs Seen as `Soft' Targets for Robbers

Share and Share Alike

Special Report: Data Processing & Technology

Jack Henry Sets Opening Date for Two New Check-Imaging Centers

Security Specialist Offers Free Test of Vulnerability Assessment Software