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  • Autoland turns 30

    LOS ANGELES - Thirty years after it first set out to create a convenient, economical car buying service for credit unions and their members, Autoland celebrated its anniversary as the largest car buying service for CUs, representing more than 8 million members with over $270 million in vehicles sold each...

  • 30 CUs may now join new CU-owned Colorado trust firm

    DENVER - As many as 30 Colorado credit unions could join that new credit union-owned trust company, organized by the Colorado Credit Union League, according to League officials. Douglas Burke, League senior vice president of network services, said "it may not be until the summer of 2002" until other CUs...

  • Jolette slated as next CUNA Chairman

    SAN FRANCISCO - Barry L. Jolette, CUNA vice chairman and president/CEO of the $420 million San Mateo Credit Union, Redwood City, is expected to move into the top elected post in CUNA later this month at the annual CUNA Symposium and annual meeting here. Jolette, a former NCUA regional director,...

  • Filene survey finds bank customer wealthier than members; more consumers use banks exclusively than CUs exclusively

    MADISON, Wis. - Despite accusations that credit unions are losing their focus on serving the underserved, a recent study by the Filene Research Institute indicates that may not be the case. Based on an analysis of the Survey of Consumer Finances, an in-home survey of 4,309 households sponsored by the...

  • Tapping the credit union environment

    MADISON, Wis. - At press time, CUNA's Market Research Department released the 2001/2002 Credit Union Environmental Scan. Designed to facilitate strategic planning, the annual report surveys the credit union landscape in terms of demographics, marketing, finance and economics, technology, financial products and services, human resources, and legislative and regulatory issues....

  • Jax Navy seeks state charter

    JACKSONVILLE, Fla. - Add Jax Navy FCU's name to the growing list of federal credit unions that have broken rank and either already converted to a state-charter or have applications pending. Jax Navy FCU-the 15th largest credit union in the country with approximately $1.8 billion in assets and the second...

  • California CU volunteers organize to play greater role in governance of CU movement

    YUBA CITY, Calif. - Addressing the general concern among many volunteers that state league boards and policy committees representing credit union interests need better representation by volunteers, Sierra Central Credit Union, SAFE CU, Schools Financial CU and other Northern California CUs have been meeting to discuss the role of the...

  • NCUA releases reg relief letter to Oxley; NAFCU, CUNA agree with choices

    ALEXANDRIA, Va.-The NCUA Board released its key suggestions for regulatory relief contained in a letter to House Financial Services Chairman Mike Oxley (R-Ohio) last week. Oxley wrote letters to each of the federal financial institution regulators last month requesting recommendations for regulatory relief, which he is expected to parlay into...

  • Nancy says credit unions guilty of bank bashing

    Any one involved with credit unions knows that one of the favorite activities of the banking industry is to crab long, loud, and consistently about credit unions. Every move by an individual credit union (new product, service, marketing campaign, facility, etc.), or a CU regulator (changes in CU membership qualifications,...

  • CUNA Mutual's "shared" employee program gives CU members more investment options

    MADISON, Wis. - CUNA Mutual Group is giving new meaning to the term "wearing two hats," and in the process may dramatically change the way credit unions meet their members' financial needs. CUNA Mutual has launched a new program that allows existing CU employees to offer members a select group...