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"ADDITIONAL NOTICE: The notice above states that your home equity lender may not require you to apply the loan proceeds to another debt that is not secured by your home. Although the Texas Constitution requires that the notice include this statement, the statement conflicts with another provision of the Texas...

KANSAS CITY, Mo. - With a goal of helping insurers better compete in the marketplace, the National Association of Insurance Commissioners is working on an Interstate Compact Working Group. Still in the draft stage the working group provides uniform standards and a single point of filing for annuity and life...

ST. PAUL, Minn. -Minnesota Life Insurance Company, an affiliate of Securian Financial Network, has launched a major wholesaling initiative to expand annuity distribution and sales. "Annuities are a scale and risk management business," said Kerry Geurkink, director, Annuity Marketing. "Minnesota Life very much understands the risk management side. We currently...

FARMERS BRANCH, Texas - Texas credit unions involved in home equity lending have been urged to review disclosure forms to ensure that they contain language intended to clarify discrepancies for borrowers and to reduce credit union exposure to litigation. Under a Texas Constitutional Amendment that went into effect Jan. 1,...

ARLINGTON, Va. - Despite lagging major credit card issuers in terms of perks and high credit limits, credit union credit cards continue to outperform major issuers in some significant areas, according to CardWeb.com a site on the World Wide Web devoted to tracking credit card news. According to CardWeb, in...

TOWNSHIP OF WASHINGTON, N.J. - Paragon FCU here has reached overseas to help a small British credit union develop a Web presence. Paragon, for free, helped First Dorset CU, in Dorchester, United Kingdom, which has assets of about $102,000, design and launch a Web site (www.fido-cu.co.uk). Paragon has its own...

HALES CORNER, Wis. - Corporate Central CU, formerly Wisconsin Corporate Central CU, has unveiled its new logo shown here. The corporate changed its name last month to reflect its national FOM. A handful of corporates have changed their names in recent years to reflect their national FOMs, or as a...

WEST PALM BEACH, Fla. - The winds of change are blowing a refreshing new attitude and approach to credit union facilities. "When was the last time the financial industry really changed," said Cincinnati Ohio-based design/build firm DEI Visioneer & Vice President of Creativity and Imagineering Cynthia Grow. "Credit unions have...