• CUs should invest in corporates

    I wholeheartedly agree with Richard Johnson, president/CEO of WesCorp, regarding his letter in the June 6 issue of Credit Union Times in which he questions why so many credit unions invest outside our own corporates. Volunteer Corporate CU (our corporate here in the beautiful state of Tennessee), is run by,...

  • Wakeup call

    In reading your June 6 article on "Will handheld banking grow beyond niche into mainstream use?" I found, as I hope many did, a balanced article containing arguments from both sides of the question. However, I was surprised and somewhat disappointed as to the source of the negative remarks, as...

  • CUNA's NCUA budget review complete

    WASHINGTON-Logistics Management Inc. (LMI) concluded that NCUA employs a "consistent and well-documented" budget process in making staffing and resource choices, according to CUNA, which funded the study. LMI did criticize the agency's lack of external oversight of the budget and added that the budget presentation format could be revamped to...

  • Credit union ATM airport volume nears 1 million in Denver

    DENVER - It was called a credit union coup a year and a half ago when the $400 million Public Service Credit Union of Denver beat out banks the likes of BankofAmerica, KeyBanks and Wells Fargo to operate the ATM concession at Denver's sprawling International Airport. Has Public Service made...

  • St Mary's Bank showing the money to potential members

    MANCHESTER, N.H. - St. Mary's Bank has incorporated random acts of kindness to launch its latest checking campaign -Beyond Free. "We wanted people to know that our new Beyond Free checking accounts are so free, we pay members to have one," said St. Mary's Bank Vice President/Director of Marketing Mary...

  • CU bills await NY governor's signature

    ALBANY, N.Y. - Legislation that would enact a revised Article 9 of the Uniform Commercial Code (UCC) and bring New York State up to par with other states is among the bills waiting Gov. George Pataki's signature. The revised UCC Article 9 creates a new statewide system for filing of...

  • Kiplinger's shines spotlight on college CUs

    WASHINGTON - College campus credit unions are getting the recognition they deserve. Kiplinger's August issue shines a spotlight on college credit unions and finds more students are choosing them as a way to beat bank fees. According to one student Jeremy Garver-Hughes, a senior at Kent State University he became...

  • Workers CU, fifth grade class leave legacy of literacy

    FITCHBURG, Mass. - The fifth grade class at J.R. Briggs Elementary School in Ashburnham Mass. has proved that reading really is fundamental by organizing their own book drive to benefit many programs within North Central Massachusetts. Wanting to encourage greater student involvement within their community, Workers Credit Union and fifth...

  • Northup appointed NCUA director of public and congressional affairs

    ALEXANDRIA, Va.-Acting NCUA Chairman Dennis Dollar announced June 29 that he intends to appoint Clifford R. Northup to the agency's director of Public and Congressional Affairs. The current director, Bob Loftus, plans to retire by July 27, after 20 years with the agency. Northup will serve as the primary contact...

  • SOUTH

    Volunteer Corporate Credit Union, Brentwood, Tenn., has promoted Ben G. Mauldin to senior vice president/chief financial officer; Ben Williams to vice president of information services; and Shirley Austin to vice president of finance. Florida Central Credit Union, Tampa, Fla., Senior Vice President Laida E. Garcia has been elected Florida Credit...