Credit Union Times | Accurate and Timely CU News

Members keep eye on 401(k) diversity, long term, as heat intensifies on Enron

By Michelle A. Samaad

HOUSTON - Amid congressional hearings involving Enron Corp. executives and Pres. George W. Bush's stance to take a more microscopic view at 401(k)s, financial advisers assisting credit union members with retirement planning aren't being deluged with concerns over investing in large company stocks. At CUNA Mutual Group, which oversees 2,600...

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February 12, 2002

Product diversity key to Affinity Financial Services strategy

BEDMINSTER, N.J. - Affinity Financial Services President Mark Cochran is a big fan of diversity. In fact, it is the diversity and breadth of products and services offered by the four business units under the Affinity Financial Services CUSO umbrella that Cochran says allows the operational CUSO to ride out...

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February 12, 2002

Dorsa: CUs and CUSOs need to cooperate, not compete

NEWPORT BEACH, Calif. - CUSOs - whether they be wholly or jointly owned - and credit unions should have the same primary goal, the members' best interest. The integrated model of CUSOs and credit unions cross-selling each other's services and being mutually focused on getting product information and services into...

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February 05, 2002

Freeze moves on

As CU industry veteran William Freeze retires, he shares some of his memories and lessons learned over the years. See story on page 22.

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February 05, 2002

Special Report: Corporates

Find out all the latest news about the corporate CU network on pages 15-21.

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February 05, 2002

NLAC offers daily auto pricing online to assist CUs in secondary market sale considerations

OVERLAND PARK, Kansas - Network Liquidity Acceptance Company, LLC, a CUSO of U.S. Central, is now posting daily auto loan portfolio rates to let CUs know the market value their auto loan portfolios would have on the secondary market, namely what they could get from NLAC. NLAC was created to...

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February 05, 2002

WesCorp broker-dealer subsidiary underwrites first security

SAN DIMAS, Calif. - WesCorp Investment Services, LLC, a broker-dealer subsidiary of WesCorp, recently completed its first primary underwriting of debt of the Federal Home Loan Bank. "When we go in this way we can select what kind of structure we'd like to see them do and the timing of...

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February 05, 2002