Credit Union Times | Accurate and Timely CU News

Not a Don Quixote, but a League CEO with big hopes and realistic goals

By Staff Writer

LILONGWE, Republic of Malawi - The credit union movement in Malawi faces problems that U.S. credit union leagues couldn't even begin to imagine. However, the Malawi Union of Savings and Credit Cooperatives (MUSCCOGM) still keeps plugging. Headed by Sylvester Kadzola as their Chief Executive, MUSCCOGM has 53 people who oversee...

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Special Report: Investment Products/Financial Planning

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Credit union industry gets historical

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October 01, 2002

SELCO CU partners with Frontier Investments to offer mortgage-backed securities

EUGENE, Ore. - As the popularity of real estate-related investments continues to swell, one credit union is counting on its established relationship with a family-owned business to offer such options to its members. SECLO Credit Union recently acquired Frontier Investments Co., one of Oregon's oldest issuers of mortgage-backed securities. The...

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October 01, 2002

Firm helps navigate broker-dealer waters while SEC decides fate of license exemption

SAN DIEGO - As credit unions await the U.S. Securities and Exchange Commission decision on whether an exemption will be extended that would circumvent CUSOs not having to be licensed to conduct broker-dealer transactions, one firm is already laying the groundwork. CUSO Financial Services (CFS) recently launched BD Build, an...

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September 24, 2002

CUNA's low-income survey says?

In a little-known survey, CUNA is asking 2,400 CUs how well they are serving low-income members. Page 4

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September 24, 2002

Credit unions mean business

Anything to do with CUs doing more to serve businesses is hot news these days. See related stories on page 6 and 29.

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September 24, 2002

Carol Schillios proves CU philosophy is alive and thriving, whether in the USA or Africa

BREMERTON, Wash. - Carol Schillios seems to collect small credit unions in rural villages of foreign developing countries that need her expertise like some people collect antique furniture. This 5'4" blonde dynamo primarily works in Africa - Mali, Senegal, Zimbabwe, Uganda & Malawi; Asia - Philippines, Indonesia; and Eastern Europe...

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September 24, 2002

Civil war and a savings house provide an unusual adventure for a U.S. CU manager

SKAPJE, Macedonia - Most American credit union managers' jobs do not involve being evacuated during a civil war. Martha Ninichuk's did as part of her role as Project Director of a combined USAID and World Council of Credit Union (WOCCU) project that began in Macedonia in 1995. It was only...

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September 17, 2002

Being a patriot

Credit unions want the USA PATRIOT ACT, but have some problems with its requirements, specifically record retention. See page 4.

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Top News Stories

Not a Don Quixote, but a League CEO with big hopes and realistic goals

Special Report: Investment Products/Financial Planning

Credit union industry gets historical

Recommended Just For You

News Stories

SELCO CU partners with Frontier Investments to offer mortgage-backed securities

Firm helps navigate broker-dealer waters while SEC decides fate of license exemption

CUNA's low-income survey says?

Credit unions mean business

Carol Schillios proves CU philosophy is alive and thriving, whether in the USA or Africa

Civil war and a savings house provide an unusual adventure for a U.S. CU manager

Being a patriot