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ALEXANDRIA, Va.-In the wake of the close of the comment period on NCUA's proposed rule on disclosures in private insurance conversions, NCUA Chairman JoAnn Johnson is being forced to defend her "effective, not excessive" regulatory philosophy. The majority of the 88 comment letters NCUA received on the proposal were in...

JAX Federal Credit Union, Jacksonville, Fla., has named Angela Coleman-Rao vice president of marketing and Adam McGowan branch manager III. Volunteer Corporate Credit Union, Nashville, Tenn., has named Phillip Cochran consultant.

Credit unions continue to utilize third-party vendors for all sorts of add-on services, but it can be dangerous to their IT security. Read about this and other technology news in the special report on pages 24-36.

WEST PALM BEACH, Fla. - Credit Union Times' just expired voting poll delved into the issue of what regulatory change credit unions need most. Well, despite the GAO's report findings that there's no "compelling need" for alternative capital, some 62% of respondents to the poll felt an alternative capital option...

RALEIGH, N.C. - Local Government Federal Credit Union has launched a new Web site, featuring a new design that emphasizes local ties and content management systems intended to enhance member service. The new site - www.lgfcu.org - is the result of several months of working closely with Cambium Group, a...

ALEXANDRIA, Va.-NCUA has issued an Order of Prohibition for a former loan credit analyst with Boeing Employees Credit Union. Kissy Juliette Gaston signed the prohibition order without admitting or denying fault, prohibiting her from participating in the operations of any federally insured financial institution. Violation of a prohibition order is...

WARRENVILLE, Ill. - It was a long merger process, but with the deal now done Mid-States said its Minnesota Advisory Group is no longer needed. Mid-States has dissolved the group, which was started to help facilitate communications surrounding the Mid-States/Minnesota Corporate merger that started back in 2002. Mid-States said it...

WASHINGTON - The SEC recently filed a complaint against a wireless medical prescription firm that used a fake CD from a so-called credit union to bolster its non-existent profits. The SEC filed a complaint against Safescript Pharmacies, Inc., formerly known as RTIN Holdings, Inc., In early 2002, RTIN, managed by...