• CUs may need for-profit-like compensation tools to attract tomorrow's CEOs; CUNA Mutual says it has an answer

    MADISON, Wis. - It's not quite a doom and gloom scenario, but there's considerable concern in the industry about the number of credit union CEOs expected to retire in the next five years. CUNA Mutual says its new for-profit-like compensation product can give CUs another weapon in attracting and retaining...

  • Donations

    Florida Commerce Credit Union, Tallahassee, has raised $4,615 for the 2001 March of Dimes during the WalkAmerica campaign. FCCU placed third in monies raised. With the help of credit union members, employees and volunteers sold special March of Dimes bean bag babies, paper sneakers, and solicited sponsor funds for the...

  • Becker congratulates FCUs on their success

    ORLANDO, Fla.-NAFCU President and CEO Fred Becker took the time during NAFCU's Annual Conference & Exhibition to commend federal credit unions for their growth. He told the 1,600 attendees of the conference that federal credit union membership was climbing and that one in four Americans belongs to a credit union....

  • FirstCorp acquires Arizona league service corp.'s share draft program

    PHOENIX - After providing settlement and back office services for the Arizona Credit Union League Services Corp.'s member share draft program for almost 10 years, FirstCorp has taken the next step and acquired the program. As part of acquisition plan, the corporate credit union is planning to add image technology...

  • NASCUS urges SEC to amend interim final rule, add exemptions for SCCUs

    ARLINGTON, Va. - NASCUS is urging the Securities and Exchange Commission to amend its "Interim Final Rule, 12 CFR Parts 200 and 240, Definition of Terms in and Specific Exemptions for Banks, Savings Associations, and Savings Banks Under Sections 3(a)(4) and 3(a)(5) of the Securities and Exchange Act of 1934"...

  • Special Report: Share Drafts & Item Processing

    After months of preparation, Community Credit Union's new online check imaging system is up and running. The new service makes CCU the first financial in Dallas to offer this product that makes it possible for members to access images of their cleared checks online. Read Community CU's story and other...

  • NCUA explains questionable year-end 2000 CUSO stats

    ARLINGTON, Va. - It wasn't Bob Dorsa's imagination after all. NCUA's year-end 2000 CUSO stats looked suspiciously high to NACUSO's president, and now it turns out that Dorsa was right all along. As reported by Credit Union Times in the May 23 issue, Dorsa took a look at NCUA's year-end...

  • Denali Alaskan FCU forms investment, insurance CUSO

    ANCHORAGE, Alaska - To meet the investment and insurance needs of the members who make up more than 450 select employee groups, Denali Alaskan Federal Credit Union (DAFCU) recently formed Denali Alaskan Financial Services, LLC (DAFS). The credit union service organization is working with CUSO Financial Services (CFS), an independent...

  • Geismar Complex FCU learns hard lessons on disaster preparedness

    GEISMAR, La. - Disasters by definition are unexpected. As much as credit unions prepare for the `what ifs,' they're always left with a learning experience after they deal with a disaster. That's just the situation Geismar Complex FCU is finding itself in now while they continue to operate under make...

  • TNB launches GoToMyCard.com

    DALLAS - With all the talk about member convenience and 24-hour account access TNB Card Services, a full-service card processor, has recently released GoToMyCard.com. The customized site design positions the host credit union's Web site as the portal for the member's credit card account information. Partnering credit unions place a...