News

AUCKLAND, New Zealand - After studying and comparing credit union models of the U.S. with those of other countries, officials at the New Zealand Association of Credit Unions (NZACU) have made their choice: The U.S. credit union model is the one they're encouraging their members to follow because they see...

FOREST GROVE, Ore. - Monty Smith hopes to take remote banking to new heights. If successful, the 40-year-old Smith will conduct a remote transaction with First Tech Credit Union in Beaverton, Ore., from the 20,320-foot summit of Denali (Mt. McKinley) in Alaska. Smith, who has been mountain climbing for about...

UTICA, Mich. - Credit union tech vendors are not apt to turn down business, but a poorly written and presented Request for Proposal from a credit union may have the same effect. Jason Sherrill, president of InetSolution, Utica, Mich., an Internet services firm serving CUs, said some RFPs are just...

See page 3 to see how a Washington CU regulator made the jump to a CU exec.

CUSOs are dealing with many issues these days that are affecting their business model. NACUSO will explore these and other issues at its annual conference May 1-4. For now, read about some of them in a special report on pages 18-20.

PASADENA, Calif. - Wescom Financial Services, a wholly-owned CUSO of Wescom CU, together with Long Term Preferred Care Inc., a division of Cendant Corp., has begun offering long-term care insurance to Wescom's more than 180,000 members throughout Southern California. Members will be able to begin enrolling for the new program...