• Langley Federal Service Corp. taps into tax services

    HAMPTON, Va. - Langley Federal Service Corp. is throwing its hat in the tax service arena by purchasing Drumeller & Associates, Inc. Providing tax services since 1985, Drumeller & Associates will continue to operate under the same name, as a division of LFSC. LFSC, a wholly owned subsidiary of Langley...

  • Coinstar, American Red Cross team up

    BELLEVUE, Wash. - In light of September 11's tragedy, Coinstar and the American Red Cross are asking consumers to share their spare change. According to Coinstar, if just half of the Americans living within two miles of the green coin counting machines donated a handful of pocket change, more than...

  • Debit card use on the rise

    The debit card seems to be slowly gaining popularity. Within five years, VISA Debit Processing Service has already processed six billion transactions. Currently VISA DPS processes 11% of all VISA USA transactions and expects to reach seven billion transactions within the next two months.

  • Manhattan CUs' joint effort help deliver dry socks, towels to WTC rescue workers

    NEW YORK - New York City rescue workers busy working round-the-clock digging through rubble and putting their own lives on the line in hopes of finding survivors from September 11's terrorist attack have had enough on their minds - and not enough time - to think about going home for...

  • Changes rumored for Trinidad and Tobago

    PORT OF SPAIN, Trinidad and Tobago - This country is two islands each with its own character. They are a paradise for tourists. However, for the credit union industry there, rumors are flying that their governing agency may change, according to Penelope A. Beckles, President of Eastern Credit Union Co-operative...

  • Special Issue Features

    This issue includes a number of feature stories with a CUNA or NAFCU slant since it was slated to be distributed at CUNA's Annual Symposium and NAFCU's Congressional Caucus. Due to the cancellations of these much-anticipated events (see story on this page), this issue will unfortunately not make the rounds...

  • LaFalce proposes war bonds following terrorist attacks

    WASHINGTON-Financial Services Committee Ranking Member John LaFalce (D-N.Y.) announced that he is preparing legislation aimed at raising funds needed to respond to the terrorist attacks, which shook New York City and rattled the Pentagon two weeks ago. The legislation authorizes bonds to be issued to aid in recovery operations, humanitarian...

  • Collateral Protection Insurance Act shields lenders

    SAN ANTONIO, Texas - Created to protect financial institutions against loss of or damage to collateral on which they hold a lien, collateral protection insurance was intended to be a good thing. Texas credit unions, however, have only halfheartedly embraced this coverage because of a growing consumer trend toward class...

  • Liberty raises funds for WTC relief effort

    MOUNDS VIEW, Minn. - Liberty Enterprises has designated $5 per order of two special check styles to support disaster recovery efforts for the terrorist attacks in New York, Washington, D.C. and Pennsylvania. The checks will be available for sale by all of the company's nearly 5,000 credit union clients, as...

  • MIDWEST

    Community Choice Credit Union, Livonia, Mich., has named Ted Parsons executive vice president/chief operating officer. Affinity Plus Federal Credit Union, St. Paul, Minn. President/CEO Kyle L. Markland has been appointed chairman of the Saint Paul Area Chamber of Commerce Preparing Workforce Business/ Administration Career Council. In addition, APFCU has named...