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401k balances remain unchanged despite volatile markets, study reports

By Michelle A. Samaad

WASHINGTON - The average account balance for participants in 401(k) plans in both 1999 and 2000 has remained essentially unchanged, according to a recent report by the Investment Company Institute (ICI) and the Employee Benefit Research Institute (EBRI). At year-end 2000, the average account balance of the 8.3 million individuals...

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Majority of financial planners are certified, says Worth study

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NASCUS committee to take up FHLB-related bill

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August 21, 2001

Service Credit Union keeps growing despite German military withdrawals

VOGELWEH, Germany and PORTSMOUTH, N.H. - What happens when you are a healthy credit union with satisfied members, and then a large number of your members disappear for reasons beyond your control? That is what happened to Service Credit Union (SCU) at its branch in Germany when troop reductions forced...

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August 21, 2001

Two advanced credit union studies programs have different methods, same goal

BATHURST, NSW, Australia and LEICESTER, UK - Two universities, two countries thousands of miles apart, two different training programs, but both have the same goal - train credit union people to be better in their jobs. Charles Sturt University in Australia and Leicester University in England, both have developed advanced...

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August 21, 2001

Do credit unions stand poised to embrace socially responsible investing?

WEST PALM BEACH - Despite the gloomy forecast that mutual funds have weathered over the past year, there are a plethora of investors who value morals and conscience just as much as returns. Enter socially responsible investing (SRI) which seeks out mutual funds and stocks that are tied to companies...

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August 21, 2001

Tropical Financial CU proves CU can be place members turn to for investment needs

MIAMI - Tropical Financial CU seems to have pulled off what a number of forward thinking CUs across the country are trying to do - become the place members think of for non-traditional CU investment and insurance products. The CU was honored earlier this year by CUNA Mutual for becoming...

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August 14, 2001

Special Report:Retail Delivery Systems/ Marketing/ Call Centers

Some credit unions are taking a back-to-basics approach to marketing. A special report on pages 14 & 15 looks inside a few credit unions to see what they are doing to shout out the credit union difference.

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August 14, 2001

GFCU leaves its own mark

ATLANTA - Surrounded by community banks, Georgia Federal Credit Union's Stockbridge branch in Henry County needed a way to gain visibility. The answer was found in a simple fortune cookie. Next to a Burger King on a busy street, this billboard will run for the next three months. According to...

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August 14, 2001

Brockton CU's money tree

BROCKTON, Mass. - Talk about paying members to come in. Brockton Credit Union recently drew attention to its new full-service branch in Middleborough with a seven-foot tall "Money Tree" complete with artificial one, five and ten dollar bills. Twenty-two finalists submitted guesses on the amount of money growing on the...

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Top News Stories

401k balances remain unchanged despite volatile markets, study reports

Majority of financial planners are certified, says Worth study

NASCUS committee to take up FHLB-related bill

Recommended Just For You

News Stories

Service Credit Union keeps growing despite German military withdrawals

Two advanced credit union studies programs have different methods, same goal

Do credit unions stand poised to embrace socially responsible investing?

Tropical Financial CU proves CU can be place members turn to for investment needs

Special Report:Retail Delivery Systems/ Marketing/ Call Centers

GFCU leaves its own mark

Brockton CU's money tree