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SACRAMENTO, Calif. - Information skimmed from debit cards and included with the cards' personal identification numbers brings between $30 and $50 on the street when thieves sell them to counterfeiters who then manufacture fake cards and use them to loot cardholders' checking accounts. That is one of the revealing pieces...

SALT LAKE CITY - NCUA's field of membership authority has come under fresh attack here from anti-credit union Utah lawmakers who are considering sending a petition to Congress urging lifting of the tax exemption. "My idea is we send a resolution to Congress expressing our desire that these large institutions...

WASHINGTON-Representative Mark Udall (D-Colo.) recently signed on as a co-sponsor to the Credit Union Regulatory Improvements Act (H.R. 3579), bringing the total supporters to 69 congressmen. Credit unions have been lobbying hard for the legislation, which was introduced nearly a year ago, that would expand credit union business lending authorities,...

HAMILTON, Ohio - After serving as Interim CEO for the past four months, Jim Schultheiss has been selected as the new president/CEO of Chaco CU. He succeeds Ron Lang who resigned from the spot. Schultheiss' history with the $121 million Chaco CU goes back to 1988. Over the next six...

HARRISBURG, Pa. - From the most rural parts of the state to bustling epicenters, Pennsylvania State Employees Credit Union believes it has found a niche with a new way to meet its members' investment needs. The $2.2 billion credit union, which prides itself on its virtual structure, rolled out a...

ATLANTA - By this time next year Harland plans to have out a comprehensive new solution to thwart check forgery The new solution will combine image processing, data encoding and encryption, digital printing and statistical validation software to allow financial institutions and merchants to check the authenticity of a check's...

Christian Community Credit Union, Covina, Calif., has promoted the following employees: Barbara Dye to vice president compliance; Hope Cardinal to assistant vice president marketing; Becky Hinojosa to assistant vice president real estate; Ken Murphy to assistant vice president ministry lending; and Terri Pagett to real estate supervisor. Wescom Credit Union,...

MINNEAPOLIS - In the almost year and a half since NCUA established the TIP (trade, industry, profession) charter for federal credit unions, 10 FCUs have been approved for the charter option. Now two state-chartered credit unions leveraging a provision in their state's credit union statute that gives state-chartered credit unions...