MADISON, Wis - Although New York-based Municipal Credit Union could not have made a claim for insurance money to make up for its recently revealed $15 million loss to ATM fraud, and even though the U.S. Congress has yet to resolve the terrorism insurance issue, CUNA Mutual reiterated its commitment...
Exactly one year has passed since those horrific events on September 11th that many people, from the President of the United States on down, said would change this country forever. At the same time, Mayor Rudy Giuliani and many others pleaded with all New Yorkers to try and return their...
* John Zimmerman, NAFCU communications manager, was in a meeting with representatives from US Central when one of the gentlemen received a page saying that a couple of planes had hit the World Trade Center. "[M]y immediate thought was no way; there must be something wrong with the message. It...
COLUMBIA, S.C. - Crumbled infrastructure and biological warfare, disrupted travel plans and a reeling economy - the aftershocks of the Sept. 11 terror attacks reverberated quickly across the credit union data processing community, like everywhere else. A year later, in a development less dramatic but perhaps more systemic, many processors...
WASHINGTON-Following the September 11 terrorist attacks last year, several credit union organizations were forced to cancel their conferences and other meetings. While memories of that time still seem fresh a year later, the credit union community, like the rest of America, is going to continue with its business in 2002....
NEW YORK - Even though Municipal Credit Union considers the story over and its general counsel no longer gives interviews on it, the ATM world still buzzes about the 4,000 Municipal members, out of 300,000, who significantly overdrew their credit union accounts in the wake of the September 11 attacks....
NYC's Municipal Credit Union members' post-9/11 ATM withdrawal behavior, which put the credit union about $15 million in the hole, is making headlines across the country. Almost a year after the area around the nearly $1 billion credit union's office was turned into a war zone by terrorists, disclosures by...
NEW YORK - Even though it led to a potential $15 million loss, Municipal Credit Union has no regrets for allowing its members access to cash through its ATMs in the wake of the September 11 attack even though it was unable to verify how much money was in their...
Irwin Mortgage, has named Robin Owens mortgage loan officer for Flint Municipal Credit Union. Premier Systems, Inc., an online processing and technology solutions provider, has named the following new additions to its staff: Steve Elfvin, web developer; Megan Daugherty, project consultant; Kelly Davis, client response representative; and Angela Stochl, sales...
ORONO, Maine and SOUTH PORTLAND, Maine - University Credit Union and Greater Portland Municipal Credit Union are the latest to sell their credit card portfolios totaling $7.5 million to Atlanta-based InfiCorp Holdings, Inc., a subsidiary of First National of Nebraska. Under the agreement, InfiCorp will market credit card products to...
