Credit Union Times | Accurate and Timely CU News

Credit Unions Not on Madoff Ponzi Scheme Victim List

By Michelle A. Samaad

NEW YORK -- According to a list published by the Wall Street Journal of the nearly 100 investors tied to the $50 billion Bernard L. Madoff Ponzi scheme, credit unions and those with ties to the industry are not among the victims.

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CUNA, SBA Panel Highlights Lending Opportunities

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CU Card Experts Upbeat About 2009

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December 25, 2008

GAC Speaker Sinise Gets Key Presidential Award

WASHINGTON - Actor Gary Sinise, whose Lt. Dan Band will be performing at the opening night of CUNA's Governmental Affairs Conference, was awarded the Presidential Citizens Medal earlier this month.

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December 25, 2008

VSoft, IMM in Joint Imaging Offering

ATLANTA - VSoft Corp.'s Check 21 solutions are now being offered in an integrated package with teller receipt management technology from Integrated Media Management, the companies said.

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December 25, 2008

Ike Showed CUs Need to Be Prepared

MADISON, Wis. -- Based on communication and logistical flaws that surfaced in southeast Texas and elsewhere during Hurricane Ike, credit union managers should be preparing to ensure disaster plans are shipshape.

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December 25, 2008

U.S. Central's Losses Affecting Members' Ratings

NEW YORK - Moody's action to place four relatively small corporates on ratings review is the result of the stress on U.S. Central's balance sheet, not their own.

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December 23, 2008

Florida/Alabama League Merger Wins Formal Director OK

TALLAHASSEE, Fla. -- After months in talks, the boards of the Florida and Alabama credit union formally endorsed a merger plan and settled on a proposed name,

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December 23, 2008