• The Windows effect: More processors looking to incorporate Windows NT-2000, even on the back-end

    MEMPHIS, Tenn. - It's inevitable that CU processors will eventually begin moving away from the old mini-computer systems and to a Windows-server approach, says Darryl Tanner, President/CEO of CU core processor Share One here. "We've done it. We're moving from our VMS on DEC equipment to 2000 servers," said Tanner....

  • Roster of credit unions offering members the option expected to grow

    COLUMBIA, S.C. - Ron Daly has a lot of confidence in the future of electronic statements. Enough that he gave up his executive-level job to create a company specializing in the new service, which has gotten a boost in the year or so since federal regulators decided to allow credit...

  • Is branding in slowdown? Crear sees credit union lethargy

    ALBUQUERQUE, N.M. - It may be a question of perception, but there's diverse opinion lately about the progress of CUNA's marketing campaign for national branding. On one hand, Peter Crear, CUNA's executive vice president and chief operating officer, told New Mexico credit union executives he's disappointed with the number of...

  • Why rate cuts and tax cuts won't overcome job cuts

    Think of it as a variation on the childhood "Rock, Paper, Scissors" game. Except in this game, not only are the stakes higher, but there is one clear victor that will defeat the other two participants: job cuts will override both rate cuts by the Fed and tax cuts to...

  • "High performance" assessment model shows 26% jump in HP credit unions

    SEATTLE - NCUA's CAMEL system has been the most significant standard for rating credit union performance, but it's not the only system in CU town. An alternative "high performance" assessment model developed by Ward-Smith & Company measures a CU's operational effectiveness using an "accounts-per-member" formula. Based on data drawn from...

  • Renaissance needs unity to succeed

    Just about the time most of us have almost forgotten about CUNA's ambitious Renaissance Commission effort, it pops up in the news again. The headlines this time (see page one) have to do with the commission making its report to the CUNA Board of Directors when it met last week...

  • Donations

    US Federal Credit Union, Bloomington, Minn., has raised $4,817.50 for the Children's Miracle Network in a three-month sale of Happenings Books, an Entertainment Fund-Raising coupon book. A $10.25 profit on each book went directly to the Credit Unions for Kids, which benefits the Children's Miracle Network and the Gillette Children's...

  • Information security: Is it a priority at your credit union?

    Your member's information must be protected! Recently, NCUA released their revised regulations to part 748, which becomes effective July 1, 2001. They made some significant changes that affect how a credit union should approach security, specifically, information security. These revised regulations will impact how credit unions approach, manage and monitor...

  • Washington CUs cooperatively form Operation C.U.R.E to help members survive job layoffs

    BELLINGHAM, Wash. - More than 450 residents of Whatcom County, in the Northwestern reaches of Washington state near the Canadian border, have spent most of their working years at the Georgia-Pacific Corporation pulp plant in Bellingham. On March 30, however, their world came crashing down. They were laid off with...

  • Nolan trying to pump up NAFCU's little-known for-profit arm, NAFCU Services Corporation

    ARLINGTON, Va. - Keith Nolan has only been on the job for three months as the front man for NAFCU's for-profit subsidiary, NAFCU Services Corp., but the fledgling NSC president is eyeing up some big changes for this somewhat unknown entity. NSC's core offering is its Preferred Provider Program, which...