News

GOLD COAST, Australia - Competition between credit unions and other financials exists everywhere, and credit union folks down under are no exception. Four hundred senior credit union managers and directors attended a two-day Australian Credit Union Convention here on how to beat the competition. The workshops and speeches during the...

MADISON, Wis. - A U.S. based ATM processor has been hacked and is facing extortion from the perpetrators. "Apparently a third-party ATM processor had part of their database hacked into. The individuals who obtained the information are now trying to extort the processor," said Vince Wagner, risk management specialist in...

Manchester, U.K. and Dublin, Ireland - The European Union's (EU) proposed Consumer Credit Union Directive threatens European credit union loan programs because of costly new provisions. The Association of British Credit Unions, Ltd. (ABCUL) and the Irish League of Credit Unions (ILCU) are both actively lobbying Brussels, the seat of...

Southeast Corporate is the latest to jump into the business services arena through a new CUSO. Read about that and other corporate news on pages 20-22.

Kern Schools FCU President/CEO Vincent Rojas has learned the importance of delegating as he leads the $1.2 billion credit union. Page 28

AUCKLAND, N.Z. - Talk about using a long-distance supplier, Triton Corporation of Mississippi will supply ATM machines to the New Zealand Association for Credit Unions (NZACU). The low-cost cash machines were shown at NZACU's annual Opportunities Conference in Hamilton, New Zealand last month. The conference was attended by 157 credit...