• Hanscom Federal Credit Union named Best Air Force Credit Union 2001

    BEDFORD, Mass. - The Assistant Secretary of the Air Force, Financial Management has named Hanscom Federal Credit Union (HFCU) "Best Air Force Credit Union for 2001." This award is given annually to the Air Force credit union that has shown most superior service to the men and women of the...

  • How low can they go? CUs may have to cut core deposit rates after latest Fed cut

    WASHINGTON - At some point the bottom of the Federal Reserve's rate-cut barrel is going to come along, but it wasn't this month. The Fed cut the fed funds rate by a quarter point, bringing it to 3.5%, the lowest rate for the fed funds in seven years. The cut...

  • Shiloh granted expansion to serve underserved community

    ALEXANDRIA, Va.- In a special ceremony for the most recent faith-based credit union in America to take advantage of NCUA's streamlined process to adopt low-income, underserved communities, Acting NCUA Chairman Dennis Dollar will present a federal certificate to Shiloh of Alexandria Federal Credit Union August 31. Shiloh Baptist Church sponsors...

  • Ent FCU gives members online access to card accounts

    COLORADO SPRINGS, Colo. - The $1.3 billion Ent Federal Credit Union has rolled out ePSCU's bill pay service, EasyToCUPayLink. ePSCU is the Internet division of Payment Systems for Credit Unions, Inc., St. Petersburg, Fla. What's interesting about Ent's move to EasyToCUPayLink, is it is the first credit union to support...

  • Beach announces retirement after nearly three decades of credit union service

    ARVADA, Colo. - Carroll Beach, president of the Colorado Credit Union System and Wyoming Credit Union League announced he will retire June 1, 2002 after more than 29 years with the Colorado Credit Union System and three years as president of the Wyoming league. Beach was hired as president of...

  • "2001 National CUSO Directory" provides new rankings, tools for CUs to form CUSOs

    WASHINGTON - At first glance, the "2001 National CUSO Directory: Expanding Credit Unions' Powers to Serve" looks pretty much like previous years' editions. But look inside and the differences become quickly apparent. Unlike in past years' directories which grouped wholly-owned and multiple-owned CUSOs together, this year's edition breaks the listing...

  • "European Union": A laboratory without borders

    PARIS - Credit unions in the United States might ask what the European Union (EU) has to do with them. But at the World Council of Credit Unions' (WOCCU) fifth annual leadership institute, the lessons learned in forming the European Union can apply to any movement. Both the credit union...

  • NCSL reaffirms support for dual-chartering system

    SAN ANTONIO, Texas - The National Conference of State Legislators wrapped up its 2001 annual conference renewing its support for the credit union dual-chartering system and articulating its opposition to any proposal to establish either a federal or dual system for the regulation of insurance. The five-day event was held...

  • DONATIONS

    Robins Federal Credit Union, Warner Robins, Ga., has raised $21,185 for the Children's Miracle Network. Employees raised funds by selling collectable 50 States Quarters Coin Books and paper hearts in all branches. In addition, RFCU held a parking lot sale and participated in the third annual Middle Georgia Chapter Credit...

  • European and American economists face off in Paris

    PARIS - Consumers may be tiring of hearing news about the state of the economy, but attendees at the World Council of Credit Union's (WOCCU) fifth International Credit Union Leadership Conference had the opportunity to hear a lively exchange of opinions on the U.S. and international economy as an American...