News

FARMINGVILLE, N.Y. - President/CEO Robert Allen glances out the window of his office at Teachers Federal Credit Union and counts. "There are three banks within sight of my office," he reports. "One prides itself on being open seven days a week. We're open a full six days a week." That's...

WASHINGTON - The recently-proposed retirement accounts by Pres. Bush aim to eliminate the bowl of "confusing alphabet soup" and the "endless maze of confusing rules," the U.S. Treasury touted shortly after the president's proposals were made in January. At issue are the creation of several new accounts that do away...

Leaders of CU24 and Concord say CUs will have all the information they need to vote on the merger. Page 8.

Despite the pummeling Wall St. took in 2002, financial services CUSOs finished the year strong and ahead of 2001 in key areas. Read about what they did and other CUSO news in a special report on pages 18-20.

GREENWOOD VILLAGE, Colo - Ask a member who uses a CUSO service the name of the CUSO, and the likelihood is they won't be able to tell you or even know the product isn't coming to them direct from their credit union. Should they be able to? NACUSO Director Tom...

SAN DIEGO - Weighing the trade-offs between continuing to offer investment services through their CUSO or roll the product back in to the credit union pending the SEC decision, an increasing number of credit unions are opting for the latter choice, says a leading broker/dealer expert for CUSOs. Valorie Seyfert,...