• With plaudits to NCUA Board, now is time to "Pick up the Pace"

    It is annual conference time here at NAFCU, a time for taking stock of where we are as a community and where we are headed. As credit union leaders convene in Orlando to discuss the important issues facing our institutions, we need to keep in perspective what is possible for...

  • NAFCU has strengths and weaknesses

    The NAFCU Annual Conference and Exhibition is going on this week in Orlando. What better time to reflect on NAFCU's strengths and weaknesses than when its entire leadership group and a large percentage of the group's members are all gathered together under one roof? One of NAFCU's biggest strengths is...

  • Sea change: Some CUs stay the course, while others look to investments during this lending let-down

    WEST PALM BEACH, Fla. - The past 18 months have been quite a roller-coaster ride for CU balance sheets. The story in 2000 was loan growth. Loans were up 11%, or about $30 billion, while shares increased just 6.3%, or $22.3 billion. This year the scenario is reversed. NCUA's 2001...

  • New Mexico CU League to woo teens by Web, message boards

    ALBUQUERQUE, N.M. - The New Mexico Credit Union League, convinced cyberspace is the vehicle to reach young people, is offering an innovative education package making use of teen "message boards," Web sites and youth-written newsletters to convey a pro-CU message. The program, called "CU Succeed," expects to sign up eight...

  • Credit union balance sheets taken on a wild ride in last 18 months

    WEST PALM BEACH, Fla. - The past 18 months have been quite a roller-coaster ride for CU balance sheets. The story in 2000 was loan growth. Loans were up 11%, or about $30 billion, while shares increased just 6.3%, or $22.3 billion. This year the scenario is reversed. NCUA's 2001...

  • Staffing challenges grow with the technology

    BATON ROUGE, La. - When John Milazzo arrived at Campus Federal Credit Union 16 years ago, there were three PCs in the whole operation, and they sat unused in a hallway. Now the Baton Rouge, La., credit union builds its own. That's just one example of the expanding role of...

  • 2001 Vendor Meetings & Events Calendar

    JULY JULY 16-20 Lending Solutions' Rex Johnson's University of Lending, Crystal Lake Holiday Inn, Crystal Lake, Ill. For info: Marsha Wieder, 888-574-6572. JULY 12-13 Brick & Associates, Inc. "Strategic Conference," East Lansing Marriott, East Lansing, Mich. For info: 800-332-8188. JULY 15-25 CU Conferences' Credit Union Scandinavia/Russia Cruise Conference, Princess Cruise's...

  • BRANCHING OUT

    Fort Lee Federal Credit Union, Prince George, Va., has awarded PWCampbell its design/build contract to renovate its main office. The facility will provide members with enhanced retail and drive-up services. In addition, the renovations will improve operational efficiency. Construction is expected to be completed by Spring 2002. Fort Lee FCU...

  • Special Report: Mortgages/Lending/Member Business Loans

    Only a handful of credit unions are involved with member business lending, but for those that make MBLs, and for their members, it's an opportunity to receive funding from loans they wouldn't be able to receive elsewhere. Read about how some CUs are participating in MBLs and other mortgage news...

  • Calif. legislature kills privacy bill

    SACRAMENTO, Calif. - Once again, members of the California state legislature killed a bill that would have imposed stricter privacy protection requirements on financial institutions than the Gramm-Leach-Bliley Act. The bill would have prohibited financials from sharing consumers' information with affiliates or third parties unless the consumer "opted in" by...