• Calif. legislature kills privacy bill

    SACRAMENTO, Calif. - Once again, members of the California state legislature killed a bill that would have imposed stricter privacy protection requirements on financial institutions than the Gramm-Leach-Bliley Act. The bill would have prohibited financials from sharing consumers' information with affiliates or third parties unless the consumer "opted in" by...

  • Empire Corporate reaches $4 billion

    ALBANY, N.Y. - Empire Corporate FCU has reached a couple of major milestones. It hit the $4 billion mark on May 31, 2001, and it also eclipsed the one million mark for processing individual member share drafts. Empire serves approximately 1,000 credit unions primarily in the Northeast.

  • Tech CU opens e branch

    SAN JOSE, Calif. - The $800 million Technology CU here has opened a new cashless ebranch. The ebranch is a physical facility loaded with electronic tools to help members conduct business virtually. Members can apply for loans, IRAs, and other CU products and services using electronic means. Any cash transactions...

  • MIDWEST

    State Credit Union Foundation and Development Network , Madison, Wis., has appointed the following directors to its executive committee: Steve Elam, North Carolina Credit Union Foundation; RoxAnne Kruger Monahan, Washington Credit Union Foundation; and Jan Dietzenbach, Iowa Credit Union Foundation. PSECU, Parma, Ohio, has appointed the following officers to its...

  • What's in a name?

    The Texas Credit Union League isn't the only league that has changed its name. The following is a sampling of other credit union leagues that have changed their name to better reflect the league's evolved identify. Formerly called

  • Tech Lab a popular draw at Discovery

    One of the most popular spots during CUNA Mutual Group's Discovery Conference was undoubtedly the Tech lab. The Lab was designed to be hands-on and to give attendees a flavor for all of CUNA Mutual's online offerings. Attendees could give a demo a spin or get one-on-one support from Tech...

  • EAST

    Affinity Federal Credit Union, Bedminster, N.J. has promoted Donna M. LoStocco to vice president of member development/political affairs and Lisa Lombardo to assistant vice president of operations.

  • CUNA Mutual Mortgage unveils new version of its online mortgage solution

    TORONTO - CUNA Mutual Mortgage unveiled the newest version of its online mortgage application at CUNA Mutual Group's Discovery Conference here (see special report on pages 14 &15 for other mortgage-related stories ). One of the major enhancements of the new solution - MEMBERS Choice Net Mortgage Plus - is...

  • FundsXpress secures $10 million commitment

    AUSTIN, Texas - Firms making their living on the Internet find the path to profitability a tough one. Internet solutions provider FundsXpress says it will be there by year-end. To help buoy the company until the profitability stage, FundsXpress has received commitment for an additional $10 million investment from current...

  • Billion-dollar CU club soaring

    WASHINGTON - The total number of credit unions with more than $1 billion in assets has reached an all time high of 48, according to a Callahan & Associates analysis of first quarter data. Crediting the sudden surge in assets at the top to the slowdown in the nation's economy,...