Search Results

MADISON, Wis. - The number of back-taxes agreements reached with Wisconsin banks on their use of Nevada subsidiaries has grown, but the tax money brought in by the settlements has not. According to the Wisconsin Department of Revenue, as of Oct. 18, the state had reached settlements with 48 banks...

FARMERS BRANCH, Texas - Life got tougher for credit unions back in 1980 and that's kept Debbie Rightmire's calendar full. Rightmire, VP of the Texas Credit Union League's Asset Management Department, works with credit unions to help them handle ALM. Before deregulation hit 24 years ago, most credit unions offered...

MADISON, Wis. - Credit union loan growth appears to be edging up thanks in large part to a turnaround in the economy. This, according to the latest CUNA Mutual Trends Report, which is based on CUNA E&S's Monthly Credit Union Estimates, the Federal Reserve Board (FED) & CUNA Mutual-Business Insight...

NORTHVILLE TOWNSHIP, Mich. - Michigan credit unions are preparing to celebrate International Credit Union Week-a tradition that credit unions across the U.S. and around the world have observed since 1948. "Credit Union Week 2004 is especially noteworthy given the bipartisan support for Michigan credit unions' tax exemption among Michigan lawmakers...

WASHINGTON-Julie L. Williams has been named acting comptroller following the retirement of John D. Hawke, Jr. as of Oct. 13. The move was automatic under the National Bank Act. Williams has served as first senior deputy comptroller since 1999 and also chief counsel since 1994. She previously served as acting...

WESTBROOK, Me. - Ted Desveaux likes to tell people that even though he retired in 1992, he only retired from collecting a paycheck and not from working. That's not to say the 74-year old former president/CEO of the Maine Credit Union League who became what was known then as managing...

WASHINGON - Don't look now, but there may be another, albeit indirect, attack on financial institutions being able to use the so called Matricula Consular cards to open accounts. Congress has adjourned to go and campaign, but before it did the House of Representatives included a measure further attacking the...

Hawaiians are known for their hospitality and this week they welcomed some 1,500 attendees, according to CUNA, of the trade association's Future Forum.