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POUGHKEEPSIE, N.Y. - A new add-on to its core processing system is allowing Hudson Valley Federal Credit Union to expand for the first time in 16 years the number of products for which members can receive automatic line-of-credit (LOC) increases. The $1.8 billion CU is one of four of the...

MADISON, Wis.-CUES has added a new award to its list of recognition programs-CUES Future Leader. "After evaluating our current offerings, we decided an honor to recognize the merits of up-and-coming credit union leaders was in order because each year-without fail-the CUES Executive of the Year winner acknowledges the vital support...

HUTCHINSON, Kan. - The campaign by chapters in the Kansas Credit Union Association to liven up political advocacy by reaching out to the media was brought to the home of a top leader in the American Bankers Association's "Operation Credit Union." "We actually thought he might show up and we...

CHICAGO - As debit cards have continued to grow in importance and value, Visa has sought to improve both their issuers' management and growth of their debit card portfolios and their own growth of the product. At the issuer level, Visa says credit unions need to take a more active...

WASHINGTON-CUNA President and CEO Dan Mica pointed out in an Oct. 12 American Banker letter to the editor, that small banks have more to fear from larger banks than from credit unions. He pointed out that as the new American Bankers Association Chair Betsy Duke stated that stopping credit union...

WASHINGTON - The number of companies that have been dismantled as a result of questionable board policies are a `who's who' list in the corporate world: WorldCom, Enron, Tyco and Quest. Many experts have called for increasing regulation as the solution to better governance, and while measures such as the...

MONTVALE, N.J. - Now Canadian shoppers in U.S. retailers will be able to make their purchases more easily. The NYCE Corporation, a leading provider of ATM and debit card services in the U.S., has expanded its reach to include Canada. NYCE announced on 8 October that, effective immediately, Canadians shopping...

MADISON, Wis. - With a growing number of credit unions offering business loans to its members, CUNA Mutual Group recently provided a quick, refresher course on the regulatory ground rules. In the October 2004 issue of its Lending Resource Newsletter, CUNA Mutual reminded credit unions on what a member business...