News

As LTV Corp. - one of the nation's largest steel makers - faces bankruptcy, two credit unions deal with effects on its LTV employee-members. Pages 34-35

Beyond the board room, U-Lane-O CU Director Robert Halvorsen takes to the skies and the rapids.....Page 30

ARLINGTON, Texas - A credit union that has a maximum-security vault to protect its cash and other valuables has absolutely no need for an alarm system or a security guard. True or false? Most people would answer "false" without hesitation, knowing that one security measure without the others leaves the...

DURHAM, N.C. - The days of CUs offering portals and online shopping to drum up e-com revenue are just about over as they have come to realize they need to stay focused on their core offerings. But more CUs are indirectly making money online by cutting down their print bills....

BROOKFIELD, Wis. - Fiserv continues its acquisitive ways. It has announced plans to acquire NCSI, a flood insurance firm. Terms of the deal were not disclosed. Fiserv has historically been active in the insurance arena. Fiserv President/CEO Les Muma said NCSI will enhance its P&C and flood insurance offerings Located...

WASHINGTON - The National Cooperative Business Association said it will launch the new cooperative top-level domain (.coop), on January 30 of next year. This gives credit unions about seven weeks to reserve domain names. NCBA will offer the new domain through its wholly-owned subsidiary, DotCooperation LLC. Last month, DCLLC and...