• At industry request, Fed removes e-disclosure compliance date

    WASHINGTON-The Federal Reserve Board has announced that it is lifting the Oct. 1, 2001 compliance date for interim rules governing the electronic delivery of particular consumer disclosures. In March the board requested comment on the electronic delivery of federally mandated disclosures in several interim rules including: Regulation B (Equal Credit...

  • NFCDCU plans for National Faith-Based CU Conference

    NEW YORK - The National Federation of Community Development Credit Unions plans to hold its fourth National Faith-Based Credit Union Conference in Birmingham, Ala., Nov. 9-11. The conference will be targeted not only at community development credit unions, but also at the broader group of faith-based CUs. Faith-based CUs represent...

  • PSECU gets TRUSTe Privacy seal

    HARRISBURG, Pa. - The $1.6 billion Pennsylvania State Employees CU, which offers its members a myriad of online services, has joined the TRUSTe privacy program. PSECU will display the TRUSTe seal on its Web site (www.psecu.com). Members who click on the seal will be linked to PSECU's privacy statement, which...

  • Ergonomics may be back in play; CUNA comments

    WASHINGTON-After former President Bill Clinton's ergonomics regulation was shot down by the new Congress following George W. Bush's administration, the Department of Labor and the Occupational Safety and Health Administration (OSHA) are going to bat again. Under the new Republican administration, the rule-if one is created-is expected to be less...

  • Georgia Central Board votes to proceed with merger

    DULUTH, Ga. - At a special meeting August 6, the board of Georgia Central CU voted to authorize the signing of a merger agreement between Georgia Central and Southwest Corporate. The board of Southwest Corporate did the same on August 1. Now the deal awaits regulatory approval and approval from...

  • DONATIONS

    Members 1st Federal Credit Union, Mechanicsburg, Pa., has raised $14,300 during its annual golf tournament for the Allied Arts Fund, a united fund for local arts and culture. The AAF serves 45 arts and cultural organizations for the residents of central Pennsylvania. Members 1st FCU has $630 million in assets...

  • UNFCU gets new look with global appeal

    NEW YORK - The United Nations Federal Credit Union is the latest to jump on board the branding train. "With branches overseas and here, we quickly recognized the need to consolidate into one brand that would create a unified experience for members," said UNFCU Vice President of Marketing Debra Innocent....

  • Like-minded Pacific West, Goleta Community FCUs to merge into community charter CU

    SANTA BARBARA, Calif. - Go head-to-head with a neighboring credit union for many of the same members, or merge with that CU since it has the latest electronic and digital services in place and thereby avoid the expense and labor of reinventing those services yourself. That was the dilemma facing...

  • How to win affluent members

    CAMBRIDGE, Mass. - A new Technographics Report from Forrester Research, Inc. finds that consumers with investable assets of at least $1 million are confident about the economy and market, secure in their wealth and optimistic about technology. As a result, Forrester recommends two approaches to reach those consumers - breeding...

  • `Opt-in' bill has little chance, according to lobbyists

    WASHINGTON-Prior to the August congressional recess, Congressmen Joe Barton (R-Texas) and Edward Markey (D-Mass.) reintroduced a bill requiring financial institutions to obtain consumers' permission before sharing their personal financial information with other companies. The bill is identical to one introduced last session that never got off the ground. Lobbyists from...