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I felt compelled to respond to Mike Welch's Jan. 12 column, "Waving the Flag for Small CUs Not Smart." Seems to me that Welch has appointed himself judge, jury and hangman with the fate of smaller credit unions. I serve approximately 3,800 members and they certainly haven't lowered their expectations...

WASHINGTON-Mary Dunn, CUNA's associate general counsel and senior vice president for regulatory advocacy, wrote the Financial Management Service in favor of its interim regulation regarding the handling of Treasury checks under Check 21. CUNA objected to going beyond this rule concerning certain consumer protections because they would only be redundant....

This issue features a special report on mortgages on pages 22-25. Other special sections include marketing and facilities on pages 28 and 29 respectively. And don't miss the passionate reader feedback in the letters section on pages 16 and 17.

ASI accuses NCUA of overstepping bounds with final private insurance disclosure regulation; agency tells a different story. DUBLIN, Ohio-Though modifications made to NCUA's final rule on disclosures in conversions to private insurance were helpful, some other legal concerns remain, American Share Insurance President and CEO Dennis Adams stated. "There were...

MUSCLE SHOALS, Ala. - Listerhill Credit Union members have over one million reasons to belong to a credit union. The $295 million credit union has recently awarded its members with a bonus of over $1 million as a show of thanks for their support. "Our members are responsible for the...

AUSTIN, Texas - State Sen. John Carona (R-Dallas) introduced a bill in the Texas Senate that would permit reverse mortgage lines of credit and allow homeowners to draw down on the equity in their homes when needed. Carona's bill - SJR7-was referred to the Senate Business and Commerce Committee. A...

LINCOLN, Neb. - Gov. Mike Johanns named John Munn to succeed Sam Baird as director of the Nebraska Department of Banking & Finance, effective Jan. 18. Baird retired at the end of 2004. The Nebraska Department of Banking & Finance regulates the state's licensed financial institutions and mortgage lenders including...

HUNTINGTON Beach, Calif. - nuVision Financial Federal Credit Union has revved up its marketing strategy for 2005. The $657 million credit union has become the exclusive financial services partner to cable television's The Outdoor Life Network show Adventure Highway with Tom Holm. The deal, which covers four episodes, leverages television...