• VENDORS

    Countrywide Home Loans, Inc, a residential loan provider, has named Brian Hale executive vice president of national production for its consumer markets division. In addition, Countrywide has promoted R.J. Arnett to senior vice president of production for the Western division and Jeff Garrison to regional vice president for Southern California....

  • Credit unions fall slightly, but still outpace banks, thrifts in annual American Banker/Gallup Consumer Survey

    NEW YORK - It looks like credit unions will have bragging rights for at least another year. Once again credit unions outpaced all other financials in satisfaction levels according to the annual American Banker/Gallup Consumer Survey. The 2001 survey found that consumers in general are happier with their primary financial...

  • Savings campaign offered en espanol

    MADISON, Wis. - The two year "Plan it, Save 4 it" savings campaign pilot is reaching out to the Hispanic market. Promotional materials including a black & white quarter-page ad and text for a statement stuffer have been produced in Spanish and both are available free online. Sponsored by NCUF...

  • Blaine not ready to concede fight for alternative sources of capital for CUs

    RALEIGH, N.C. - Jim Blaine, president/CEO of $6 billion-State Employees Credit Union of North Carolina is not daunted by NCUA's decision to not count as net worth a $1 million capital equity share investment from Self-Help Credit Union. He intends to continue to defend his position that federally-insured credit unions...

  • Congressional subcommittee holds hearings on Internet gambling

    WASHINGTON-The House Financial Services Subcommittee on Financial Institutions, chaired by Rep. Spencer Bachus (R-Ala.), held a hearing July 24 on legislation aimed at curbing Internet gambling. Bear Stearns released a report in March estimating that $5 billion will be spent each year on Internet gambling by 2003. American consumers constitute...

  • New approach to online security

    WEST PALM BEACH, Fla. - When it comes to shopping online, consumers want security. So far there have been three standard solutions to the online secure-shopping dilemma: single-use credit card numbers that generate a unique credit card number for each online purchase; credit card locks, which require consumers to call...

  • Corporate CU assets breaking records

    WASHINGTON - Corporate credit unions are benefiting from the influx of shares at America's CUs. At the end of March, corporate assets reached $59.8 million, an all-time high. From a year ago March, six more corporates have reached the billion dollar mark, for a total of 14 such corporates. The...

  • Former NAFCU icon recovering from bypass

    WASHINGTON-Former NAFCU President and CEO Ken Robinson is recovering at a Washington-area hospital after undergoing quadruple bypass surgery. While Robinson never experienced a heart attack, the blockage was discovered during a routine stress test. The 72-year-old retired Marine major general's recovery is being described as "excellent" by NAFCU staff. He...

  • CUNA unloading on upcoming 2002 congressional campaigns

    WASHINGTON-With next year's congressional elections creeping up on lawmakers and lobbyists alike, CUNA's PAC - Credit Union Legislative Action Council (CULAC) - is dumping its war chest upon candidates. Many of the congressmen given contributions are members of the Financial Services Committee. Congressman Rubn Hinojosa (D-Texas) received $500 from CULAC...

  • Credit unions represented at predatory lending hearings

    WASHINGTON-Lee Williams, CEO of Aviation Associates Credit Union in Wichita, Kansas, will carry the weight of the credit union community behind him when he testifies before the Senate Banking Committee on the credit union view of predatory mortgage lending. At press time, his testimony was scheduled for Friday, July 27....