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VALLEY STREAM, N.Y- When Francis (Frank) De Mita attends NAFCU's 37th Annual Conference and Exhibition this week, he'll be taking the first step in winding down from what has been a 50-year career as a credit union volunteer by retiring from the NAFCU Board rather than seeking reelection to a...

ARLINGTON, Va. - The Washington Department of Financial Institutions, Division of Credit Unions, has earned five-year re-accreditation by NASCUS. The state's Division of Credit Unions regulates 85 state-chartered credit unions, with total assets of more than $16 billion. To earn NASCUS accreditation, an agency must meet or exceed a score...

WASHINGTON - Credit reports are not only rampant with serious errors, but exacerbating the situation is the fact that "the big credit bureaus and big business tolerate big mistakes in credit reports." The big credit bureaus U.S. Public Information Research Group Consumer Program Director Ed Mierzwinski was referring to are...

WEST PALM BEACH, Fla. - Experts say the quickest route to reaching younger members is through financial literacy efforts. "One myth is that youth programs have to be elaborate," said Raleigh-North Carolina-based State Employees Credit Union Senior Vice President Education Services Leigh Brady. "It just isn't true-any and everything you...

ARLINGTON, Va. - As the numbers of debit card transactions rise, observers outside the ATM industry might conclude that automated teller machines face an uncertain and cloudy future, but they would be wrong according to industry experts. Analysts and experts from different parts of the industry agreed that although market...

WASHINGTON - The U.S. Department of Housing and Urban Development extended the comment period on the new housing goals proposed for Freddie Mac and Fannie Mae two weeks from July 2 to July 16. HUD said the extension was due to the July 4th holiday weekend and various requests it...

CARMEL, Ind. - Baker Hill is adding some hardware to the software it uses to protect the confidentiality of the client information pouring in and out of its servers. The financial services software company, a specialist in loan processing and relationship management technologies, has deployed the Teros Gateway, a small...

TALLAHASSEE, Fla.-The Florida Credit Union League reported last week that it has uncovered ties between Mark Dern, the individual claiming in postcards to be looking to invest $5,000 with various credit unions nationwide, and the Florida Bankers Association. Both Dern and the Florida Bankers Association are represented by the law...