News

As of Oct. 2005, only 1% of the privately insured population, ages 21-64, were enrolled in consumer-driven health plans (CDHPs)-high-deductible health plans combined with an HRA (health reimbursement arrangement) or an HSA. Another 9% were enrolled in high-deductible health plans that were eligible for an HSA, but had not yet...

WASHINGTON - The Department of the Treasury released a new guide that explains health savings accounts. The comprehensive guide illustrates what HSAs are, who can have an HSA, the advantages of HSAs and many other important details. It begins by defining HSAs and discussing what qualifying factors enable an individual...

WEST PALM BEACH, Fla. - With a presidential push, the buzz for 2006 is all about health savings accounts - leaving financial institutions busy jockeying to be the first to offer such accounts to consumers and employers alike. HSAs are tax-free savings accounts that can be used to pay for...

LIVELY, Ontario - When most credit union managers take a winter break from work it might be skiing or escaping to a beach retreat, but not Robert Clark, general manager of Community Savings and Credit Union in Lively. He chose to spend three weeks helping credit unions in rural Ghana...

MADISON, Wis. - The Credit Union Executives Society has donated 50 manuals from its product line to support the efforts of the Strathmore-World Council of Credit Unions African Management Institute in Nairobi, Kenya. The CUES publications will help stock a library at the Strathmore University for credit union staff and...

Credit unions continue to form partnerships to enter the business services arena. Read about that and other related business news in the special report on pages 22-27.