SAN FRANCISCO, Calif. - Credit unions need to know how costly identity theft can be to their members. A recent Identity Theft Resource Center survey finds that identity theft has both economical and emotional long-term effects for victims. The survey, "Identity Theft: The Aftermath 2003", finds that victims now spend...
ATLANTA - Auto Auction Services Corp. (AASC) has launched LiveRepos.com, a service aimed at the credit union market. According to AASC, the Internet-based repossession management system automates resource-intensive processes while providing credit unions with inventory visibility and agent accountability. The net results are lower repossession expenses and reduced days to...
HUNTINGTON BEACH, Calif. - nuVision Financial Federal Credit Union is hoping that a recent "racy" promotion will help build a "hip" brand association with twenty somethings. In a first, the $665 million credit union has sponsored "Hot Import Nights" at the Los Angeles Convention Center. The event, which is usually...
SACRAMENTO, Calif.- Pedro Reyes, deputy policy director for California State Assembly Speaker Herb J. Wesson, Jr. has recently been appointed to The Golden 1 Credit Union board of directors. Prior to his current position, he worked for 11 years at the California Department of Finance specializing in fiscal and policy...
BOSTON - How often do you see staff from credit unions and banks at a conference networking with each other on subjects such as consumer behavior and improving financial services? That's exactly what happened during Deluxe Financial Services' first in what is planned to be a series of Knowledge Exchange...
WASHINGTON-The Small Business Administration provided a record amount of lending assistance for small businesses in fiscal year 2003, increasing 29% over FY 2002. Throughout the fiscal year ending Sept. 30, SBA backed 76,465 loans to small businesses through its three major programs. Specifically, 7(a) loans were up by 30.3% and...
McLEAN, Va. - Consumers are increasingly likely to sign up for online bill pay if the service is free, and those same consumers then become sharply more profitable, according to a new report. The report comes from Online Resources Corp. and is based on a review of the experience of...
COLUMBIA, S.C. - Encouraged by feedback at the recent CUNA Future Forum, the organizers of the Credit Union Information Security Professionals Association are moving forward with plans to get the new education and networking group up and running. "We were a bit surprised by the level of interest in participation,...
DUBLIN, Ohio-American Share Insurance and others have set up a meeting in Indiana to review privately insured credit unions' disclosure requirements under the Federal Deposit Insurance Corporation Improvement Act of 1991. ASI, the Indiana Credit Union League and the Indiana Department of Financial Institutions have scheduled a meeting for Nov....