Search Results

OVERLAND PARK, Kan. - A well-managed and mature loan portfolio can thwart loss rates for credit unions, but some CUs probably aren't aware of potentially hidden concerns that may spill over into other areas. A strong portfolio can mask effects on credit performance of changes in underwriting standards and in...

ALEXANDRIA, Va.-NCUA recently announced the regulations it would be reviewing next year. The agency takes it upon itself to review one-third of its regulations every year and has made the announcement to get the public thinking about the various issues for comment. During remarks to the Nebraska Credit Union League...

DULUTH, Ga. - NCUA has granted the $1.3 billion Georgia Central Credit Union Base Plus expanded authorities. This allows the corporate to take on additional interest rate risk, and provide it more flexibility in managing its balance sheet - and ideally earn more income when conditions are favorable. "The additional...

MADISON, Wis.- CUES has announced that USA Federal Credit Union President/CEO Mary Cunningham; Pacific Marine Credit Union former President/CEO Ludovico De Carlo and Seattle Metropolitan Credit Union President Robert Harvey, Jr. are the latest Hall of Fame inductees. The CUES Hall of Fame recognizes individuals who have made significant contributions...

GARDEN GROVE, Calif. - As manager of California's First FCU - which is literally California's first federally chartered CU - Mary Whipple describes herself as a "dinosaur." "I come from the old school," she says. In credit union parlance, Whipple explains, that means someone who still believes in personal service...

NEW YORK - The $2 billion United Nations FCU has membership all over the world, so when it wanted to enhance member service it needed a global tool. What better ubiquitous tool than the Internet? UNFCU offers a host of online features for its members to do business anywhere in...

MOORPARK, Calif. - XP Systems will be converting Communication Federal Credit Union/Communication Credit Union of Oklahoma City to its new XP2 core platform soon, the Fiserv unit says. The dual-charter, $415 million CU, one of the state's five largest, has been using a Liberty FiTECH (now Open Solutions Inc.) core...

FORT LEE, Va.-Amy Stritikus was slated to get married to fianc Brian Curtis Sept. 17 but was instead called upon to serve her country and was activated Sept. 4. However, Curtis-a reservist himself-was understanding and was called into active duty himself and will be heading for Afghanistan shortly. The two...