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SCOTTSDALE, Ariz. - Spending on technology at credit unions and banks has been pretty level the past five years, and a key to the organization's success remains in how those dollars are spent and how the results are measured. That's a bottom line from "The Cornerstone Report: Benchmarks and Best...

GLASTONBURY, Conn. - Industry veteran George McGourty is Open Solutions Inc.'s new vice president and national sales manager of OSI's Credit Union Group. McGourty has more than 20 years of financial industry experience, including most recently as senior vice president of credit union business development within the Aurum (Miser system)...

In the June 2, 2004 edition of Credit Union Times in his weekly column, publisher Mike Welch added an extraneous comment to an otherwise coherent message. He said: "As even supposedly impartial bank regulators encourage more credit unions to convert to bank charters, don't expect those (conversion) numbers to go...

WASHINGTON-The Federal Reserve Board recently proposed changes to Regulation J to bring the entire range of the its check processing services in line with the Check Clearing for the 21st Century Act. Check 21, which becomes effective Oct. 28, allows banks to substitute original checks with electronic versions for greater...

SAN DIMAS, Calif. - WesCorp has come roaring onto the Utah item processing scene picking up the $2.7 billion America First FCU and the $1.3 billion Mountain America FCU as clients. The two credit unions are the state's largest and account for four million items (both in-clearing and out-clearing) a...

ARLINGTON, Va. - Bruce Fahnestock, CEO of Volunteer Corporate CU, Nashville, Tenn., was named to the NASCUS Credit Union Council Board of Directors. He will serve out the remaining term of Eric Kenealy, president/CEO of SunCorp, which runs through September 2006. Kenealy is currently chairman of the Association of Corporate...

NEWPORT NEWS, Va. - The $1 billion Langley FCU is rolling out a product that it hopes will help young service members at Langley Air Force Base save money by not using the payday lenders that ring the base. Dubbed QuickCash, the program will aim to significantly undercut the area's...

ALBUQUERQUE, N.M. - The New Mexico Credit Union League appears ready to drop "league" from its name and become an association. "We're always busy in Santa Fe trying to explain to lawmakers what a League is, what we do and that that we're a trade organization," said Phyllis Crawford, chairman...