• Consumer choice shoe is on banker's other foot

    WASHINGTON - "Don't let the Realtors limit consumer choice! Tell your members of Congress you want more competition in real estate," screams a pop up ad on the American Bankers Association Web site (www.aba.com). The ABA and others have been working recently to extend bankers powers into the real estate...

  • Brockton CU's money tree

    BROCKTON, Mass. - Talk about paying members to come in. Brockton Credit Union recently drew attention to its new full-service branch in Middleborough with a seven-foot tall "Money Tree" complete with artificial one, five and ten dollar bills. Twenty-two finalists submitted guesses on the amount of money growing on the...

  • U.S. Banker criticized for unfair criticism of credit unions privacy policies

    NEW YORK - U.S. Banker has been taken to task for its criticism of credit unions' privacy policies and plans in an article printed in the June issue of the Thompson Publications magazine. In a letter to the editor from Peggy Wilson, director, corporate marketing communications for Bankers Systems Inc.,...

  • Three Ohio credit unions latest to join money wire network for immigrant members

    COLUMBUS, Ohio - Responding to needs of the growing immigrant population here, three credit unions will offer wire services so that members can send money back home to relatives and friends in Mexico, El Salvador and other countries. Western Credit Union Inc., OhioHealth Credit Union and Big Bear/Members First Credit...

  • Have you voted?

    There's still time to cast your vote for Credit Union Times' online voting poll at www.cutimes.com. This month's poll deals with CUNA's Renaissance Commission. Here is the question and results as of press time. The 96 suggestions from CUNA's Renaissance Commission are in as well as its vision statements. Which...

  • Credit unions need to identify the weakest link

    ORLANDO, Fla. - As credit unions increase their fields of membership and provide members more remote points of access, the exposure to hackers also goes up. A CSI/FBI 2001 Computer Crime and Security Survey found that 85% of respondents detected a computer security breach, 64% acknowledged financial loss and of...

  • Fiserv acquires London private banking, solutions firm

    BROOKFIELD, Wis. - Fiserv has acquired Catapult Technology Limited, a private banking, treasury management and technology solutions provider based in London. Terms of the agreement were not disclosed. Catapult Technology has a suite of banking solutions called MetaBank. MetaBank is a back- and middle-office software system created using Catapult's proprietary...

  • Don't overlook Internet as tool to reach Hispanics

    WASHINGTON -As the Hispanic population continues to grow across the country, so does the number of adult Hispanics online, according to a study released by the Pew Internet and American Life Project. Fifty percent of Hispanics are now using the Internet. The study was based on a survey in February...

  • MIDWEST

    Missouri Credit Union System, St. Louis, has named Amy McLard vice president of public/legislative affairs and Lisa Cassady director of communications. Wisconsin Credit Union League, Pewaukee, has appointed the following officers to its executive committee: Randy Beck, Royal Credit Union, chairman; Carol Adler, Marshfield Medical Center Credit Union, first vice...

  • New Horizon CU waiting for word on one of largest FOM expansions in state

    MANASSAS, Va. - New Horizon Credit Union has filed an application with the state Bureau of Financial Institutions for a community charter and, under separate application, a request to expand its field-of-membership from a potential membership of 7,100 to more than 430,000. New Horizon's FOM currently includes employees of the...