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Just a note to clarify the letter from the former credit union trade organization officer that I distributed at the CU-to-Bank Conversion breakout session at the GAC and was briefly discussed in an article in the March 3rd issue of Credit Union Times ("CUNA Board shows its Concern about Greed...

MADISON, Wis. - Credit unions are reminded to get this year's updates on the federal estate tax, which will see a series of increases over the next five years on who will be affected. MEMBERS Capital Advisors Financial Consultant Bobbie Shockert Lazarz said this year's federal estate tax is assessed...

ONTARIO, Calif. - Credit unions in the U.S. could face a price tag of $200 million over the next 18 months bringing their ATM fleets up to the standards mandated by new security policies and regulations, according to a new white paper researched by the CO-OP Network. CO-OP Network is...

NEW YORK - Research has shown that the rise in the popularity of debit cards has cut into some of the transactions that would normally have gone onto credit card balances, although cash and checks continue to be the largest losers in the rising debit card phenomenon, a card market...

FAIRCHILD, Wis. - While some smaller credit unions have decided to merge, Wisconsin's smallest continues to remain independent. Fairchild Credit Union in Fairchild, Wis., had assets of $80,689 as of December 31, 2003. Mabel Habermeyer, who calls herself its president and janitor, says the credit union began in 1962. She...

WEST PALM BEACH, Fla. - So many of the people appearing in the pages of Credit Union Times are known for just one thing - the role they play in the credit union industry. But what happens when they're not conducting credit union business? In Beyond the Job, Credit Union...

ALEXANDRIA, Va.-NCUA issued a Regulatory Alert recently making credit unions aware of the newly modified Currency Transaction Report form. The Financial Crimes Enforcement Network (FinCEN) revised the CTR in response to law enforcement requests for better tracking of foreign currency movement. Two lines have been added to Part II of...

STAMFORD, Conn. - Credit union managers cautiously considering loosening the purse strings on technology spending are not alone. A survey of 956 chief information officers from a variety of enterprises around the world found more than 40% expected IT spending to increase in the second half of 2004. The survey,...