• Community charter convinces Iowa CU to rethink facilities expansion plans

    AMES, IOWA - A growing membership base, a new regional development plan and a community charter have reordered priorities for one of Iowa's largest credit unions. ISU Community Credit Union had planned to remodel its existing downtown office this year and open a full-service branch next year. But a burst...

  • SOUTH

    Fort Jackson Federal Credit Union, Columbia, S.C., has promoted Audrey Brown to assistant vice president of marketing and Robin Vaughn to Northeast branch manager. IBM Southeast Employees Federal Credit Union, Boca Raton, has named Alex Yarnall marketing/brand manager. Army Aviation Center Federal Credit Union, Daleville, Ala., has appointed the following...

  • New tools of the core processing trade

    There's a whole new set of systems, standards and hardware being used by more CU processors. Here's a look at some of them. * OFX - A uniform spec for exchanging financial data between financial institutions, consumers and other organizations over the Web. It was first created back in 1997...

  • Updated Oregon Credit Union Act becomes law

    SALEM, Ore. - A bill that updates the Oregon Credit Union Act by removing the $100,000 limit on CU member business loans and sets a cap to match the federal limitations, was signed into law by Gov. John Kitzhaber. H.B. 2775 received bi-partisan support from Republicans and Democrats in the...

  • CCUC's Caldwell elected to NASCO Board of Directors

    WASHINGTON - Bradford Caldwell, executive director for the Campus Credit Union Council has been elected to the board of directors of The North American Students of Cooperation (NASCO). Based in Ann Arbor, Mich., NASCO represents student cooperative organizations in the U.S. and Canada. During the recent meeting of the board...

  • CIA, NAFCU team up for Webcast

    SAN JUAN CAPISTRANO, Calif. - Credit union consulting firm Counter Intelligence Associates (CIA) and NAFCU plan to team up once again to produce a live conference "Webcast" from NAFCU's 34th Annual NAFCU Conference and Exhibition. The conference and Webcast will be held from July 11 to July 14, 2001 in...

  • MIDWEST

    Dearborn Federal Credit Union, Dearborn, Mich., has named James Badge president of its Dearborn Financial Services investment and insurance services division. FORUM Credit Union, Indianapolis, has named Doug Sharkey assistant vice president of lending administration and Patrick Spencer business services manager. Seven Seventeen Credit Union, Warren, Ohio, has named Eric...

  • Negative savings rate affects everyone

    WASHINGTON-While many like to blame the government for the plummeting national savings rate, personal savings plays a major role. Since the 1960s, the personal savings rate has dropped from 8.3% to -0.1% in 2000, according to a recent study by the Government Accounting Office (GAO). To put these numbers in...

  • Pennsylvania CU regulator accredited by NASCUS

    HARRISBURG, Pa. - Pennsylvania's Department of Banking has become the 25th state regulatory agency to be accredited by NASCUS. For the agency, the accreditation status means the NASCUS Accreditation Review Team, Accreditation Audit Working Group and the Performance Standards Committee concluded that the Pennsylvania Department of Banking exceeds all the...

  • Level 9 challenging CUs to incorporate facility mentality into Web design

    MONTPELIER, Vt. - Credit unions are spending more money and time than ever in creating a retail environment in their branches, so why do they throw that mentality out the window when it comes to their Web sites. That's what Rob Smart, executive vice president of new business for Web...