Search Results

In a recent column, publisher Mike Welch raised the very valid point that not all bankers are bad. In fact, sometimes bankers wear the white hat. We need to put into perspective that banking trades have spun the "credit union issue" in order to maintain membership when they see the...

TAMPA, Fla. - While still relatively green to the industry, trust services saw a number of new players enter the arena this year as this latest offering continues to be an option for members left out by banks that have set traditionally high asset minimums. Arkansas FCU, Navy FCU, FORUM...

WASHINGTON - Executive compensation was front and center with the IRS this year sparked by a two-page private letter ruling that said a federal credit union could not offer a 457 deferred compensation plan to one of its executives. The April 9, 2004 letter in question went like this: the...

NEWPORT BEACH, Calif. - Bob Dorsa, the first president of NACUSO and appointed in 1997, stepped down from the position in November to focus on a credit union mortgage association he founded nine years ago, the American Credit Union Mortgage Association. Dorsa's move was part of a broader restructuring of...

WEST PALM BEACH, Fla. - Federal credit unions aren't the only ones keeping their eye on the ramifications of a U.S. District Court's decision to remand a Utah field-of-membership expansion case back to the NCUA for further review. State-chartered credit unions, aware that the outcome of the federal case could...

WASHINGTON-Reaction was mixed but mostly negative toward State Employees Credit Union President and CEO Jim Blaine's remarks comparing banks to brothels at CUNA's 2004 Governmental Affairs Conference. During a debate with then-American Bankers Association Chairman Ken Fergeson, the banker brought up issues like the fact that $1 billion-plus Tinker Federal...

APPLE VALLEY, Minn. - This year, the airline industry continued to reel from the aftermath of the Sept. 11 attacks and credit unions have certainly felt the sting. One of the most contentious battles occurred between Northwest Airlines and the former NWA Federal Credit Union, now known as Wings Financial...

CUNA President and CEO Dan Mica shares thoughts about the administration's economic plans with Lisa McGreevy, Director of Government and Public Affairs at the Financial Services Roundtable (center), and Diane Casey Landry, president and CEO of America's Community Bankers, during the White House Economic Conference lastweek in Washington.