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Recently I have been asked by various members of the media whether CO-OP Network feels threatened by the FDC/Star merger, the NYCE divestiture, strategic initiatives from VISA, Check21, credit card portfolio sales, other no surcharge networks, and credit union consolidation just to name a few industry bombshells. We often find...

ST. JOSEPH, Mich. - First Resource Federal Credit Union may not be giving away cars like Oprah but it stands ready to help its members get where they need to go- by simply repositioning its brand. With the release of a new tagline, We'll get you there, the $410 million...

DENVER - SunCorp said that its term certificate portfolio has reached $1 billion. At the end of last year, its portfolio totaled $885 million. SunCorp offers multiple certificates with maturities ranging from one month to five years, including bullet certificates, fixed callables, step-ups, and amortizing certificates. "SunCorp certificates are flexible...

HALES CORNERS, Wis. - Corporate Central Credit Union has named Laurie Ross business development representative. Ross will be one of Corporate Central's main contacts with credit union members to maintain member relations and market Corporate Central's correspondent and investment services. With over 22 years of credit union experience prior to...

WASHINGTON-NAFCU joined a coalition of associations representing lenders in signing onto a letter requesting a meeting with the Federal Reserve Board and Federal Trade Commission regarding how to handle the risk-based pricing notifications required under the Fair and Accurate Credit Transactions Act. The group fears that the agencies may make...

A name change. Some credit unions may feel like everyone's on the bandwagon, but are unsure of the long-term benefits to the organization. Some may say, `we recognize the need for change, but a name change is a significant move and we're concerned about losing our focus - on our...

Pending Elections, Limited Time Don't Hinder CURIA Co-sponsorship as Two More Sign On WASHINGTON-With upcoming elections and congressional adjournment about a month away, two more lawmakers have signed on as co-sponsors to the Credit Union Regulatory Improvements Act (H.R. 3579). Congressmen Dana Rohrbacher (R-Calif.) and Dan Burton (R-Ind.) were the...

ALEXANDRIA, Va.-NCUA announced last week that it will be holding its fourth annual Budget Briefing and Public Forum Tuesday Oct. 12. NCUA Executive Director Len Skiles will brief the audience of the proposed budget for 2005 and invite public comment. "The NCUA maintains its steadfast commitment to transparency as we...