• CUNA Strategic Services partners with IT firm to form new e-com company

    MADISON, Wis. - CUNA has stepped up its commitment to e-commerce over the long haul. CUNA is joining forces with one of its IT partners to form a new commerce firm, CUNA Network Services. CUNA Strategic Services Inc., the for-profit arm of CUNA, is committing $925,000 to the venture, which...

  • 2001 eAward Winners

    Illiana Financial CU, Calumet City, Ill. www.illiana.org. While no site won for appearance alone, this site's eye-catching design pushed it over the edge. Aside from the nice look, the site has serious functionality, including online banking, lending, and credit card account access. This site also featured impressive content. A thorough...

  • Wheat committed to serving out term, as long it lasts

    ALEXANDRIA, Va.-The July NCUA Board meeting was potentially NCUA Board Member Yolanda Wheat's last. Wheat's term expires the beginning of August, but she told Credit Union Times that she has not heard anything from the White House asking her to make room for a successor. "I've always known when my...

  • Two more CUs hit the $1 billion mark

    REDWOOD SHORES, Calif. and FARMINGVILLE, N.Y. - Two credit unions recently eclipsed the $1 billion asset mark. Provident Central Credit Union, serving over 88,000 members, reached this milestone six months ahead of when it expected. PCCU is one of the 50 largest credit unions in the United States and the...

  • Another billion-dollar FCU applies for state charter

    MIRAMAR, Fla. - Bucking the trend of federal credit unions that have converted to state charters for increased regulatory flexibility, Eastern Financial FCU, one of the largest CUs in the U.S. and the third largest in Florida, has applied with the Florida Division of Banking because of competition with other...

  • Term limits would be easy way out, but.

    Asure-fire way to get a heated discussion going at a credit union meeting is to bring up the subject of board term limits. When credit union CEOs mention term limits, it is immediately assumed that they are looking for justification to oust one or more board members who have been...

  • U.S. Central commits $15 million to e-com subsidiary

    OVERLAND PARK, Kan. - The U.S. Central Board has approved $15 million in capital for its Corporate Network eCom subsidiary. According to U.S. Central, the commitment was based on member feedback calling for more options in the realm of bill payment. Corporate Network eCom has two core products: Member Gateway,...

  • DONATIONS

    Chartway Federal Credit Union, Virginia Beach, Va., has raised more than $16,000 for the American Cancer Society. This year, more than 60 employees participated in the 1st Annual Elizabeth River Relay for Life. In addition, since January, employees started organizing fundraisers that included doughnut and bake sales, raffles, silent-auctions and...

  • Van Tel CU, Vancouver Safeway discuss merger

    VANCOUVER, B.C.- Two of the largest employee-based credit unions here -Van Tel CU and Vancouver Safeway Employees Credit Union-are discussing a possible merger. According to Vancouver Safeway CEO Bob Luxford, since the branches of the credit unions complement each other, members will enjoy better delivery options and a wider range...

  • WOCCU celebrates 30th anniversary

    MADISON, Wis. - World Council of Credit Unions celebrated its 30th anniversary as the world's leading advocate and development agency for credit unions. Incorporated in 1971 and previously known as the CUNA World Extension Department, WOCCU at its formation consisted of three national confederations including the U.S., Australia and Canada,...