News

HOUSTON - Shell Employees FCU has formed a CUSO to provide members with financial planning services. The credit union's new wholly-owned subsidiary, Signal Hill Financial Resources will offer tax preparation services and insurance products to the CU's 27,000 members, as well as to non-members who live or work in SEFCU's...

ROSEVILLE, Calif. - Deciding whether to obtain its own broker/dealer license is only one item on Addison Ave. Financial Partners' agenda for 2003. At press time, Addison Ave. President Pete Snyder had initiated a formal investigation in to whether it was feasible for the CUSO to become a licensed broker/dealer....

NEW YORK -Actors Federal Credit Union is leaving its mark on the city that never sleeps - with ATMs. What started in 1999 with just two ATMs has grown exponentially, and the $72 million credit union now boasts 100 ATMs making it a contender in a market dominated by banking...

CU Times Editor-in-Chief PHOENIX, Ariz. - A sluggish economy, loss of consumer confidence, corporate scandals, growing unemployment, and a likelihood of war with Iraq all took a toll in 2002 on investor confidence and Wall Street's performance. Financial services CUSOs have had to tweak the way they consult with their...

A Microsoft SQL hole allowed a worm to shut down ATMs nationwide. See story page 6.

From mergers to meeting credit union investment needs in a very unique period, corporates are as active as ever. Read all about it in the special report on pages 18-23.