• Like-minded Pacific West, Goleta Community FCUs to merge into community charter CU

    SANTA BARBARA, Calif. - Go head-to-head with a neighboring credit union for many of the same members, or merge with that CU since it has the latest electronic and digital services in place and thereby avoid the expense and labor of reinventing those services yourself. That was the dilemma facing...

  • How to win affluent members

    CAMBRIDGE, Mass. - A new Technographics Report from Forrester Research, Inc. finds that consumers with investable assets of at least $1 million are confident about the economy and market, secure in their wealth and optimistic about technology. As a result, Forrester recommends two approaches to reach those consumers - breeding...

  • `Opt-in' bill has little chance, according to lobbyists

    WASHINGTON-Prior to the August congressional recess, Congressmen Joe Barton (R-Texas) and Edward Markey (D-Mass.) reintroduced a bill requiring financial institutions to obtain consumers' permission before sharing their personal financial information with other companies. The bill is identical to one introduced last session that never got off the ground. Lobbyists from...

  • WEST

    The Golden 1 CU, Sacramento, Calif., has named Bill Boffi vice president of information technology. SAFE Credit Union, North Highlands, Calif., has named David Pope vice president of information technology. MaPS Credit Union, Salem, Ore., has named Travis J. Young relationship development manager. Simpson Community Federal Credit Union, has named...

  • Mid-States Corporate adds bill pay, quietly building Web design business

    NAPERVILLE, Ill. - Corporate credit unions are meeting more and more of their member credit unions' online needs. The $3.7 billion Mid-States Corporate FCU announced recently that it would be offering online bill pay for its member CUs to offer their members. Mid-States is using eBP MemberPay, the bill pay...

  • Passionate Parliamentarian pushes UK credit union proposal

    LONDON, England - A debate before Parliament put the case for credit unions strongly before the House of Commons, including a central services organization, which is a pet project of the Association of British Credit Unions (ABCUL). The debate was introduced by Gareth R. Thomas, Labour and Co-op member for...

  • Senate approves more funding for CDFI than House

    WASHINGTON-The Senate passed its version of the Veterans Affairs, Housing and Urban Development, and Independent Agencies (VA-HUD) Appropriations bill, which contained $20 million more in funding for the Community Development Financial Institutions (CDFI) Fund than the House. The Senate's bill approved a borrowing authority for the Central Liquidity Facility (CLF)...

  • Credit union people: Beyond the job

    Kirk Cuevas takes the leap. Cuevas, chief of staff and counsel to NCUA Acting Chairman Dennis Dollar, tied the knot Saturday, August 4 in his hometown of Gulfport, Mississippi. In the wedding, other than the blushing bride Alicia Malch, was Dollar as the best man, and Cuevas' brothers Korey and...

  • Wescom launches e-Funds' "Get Checking"

    PASADENA, Calif. - Wescom Credit Union believes that consumers should be given a second chance to prove they can manage a checking account even if their track record is blemished. The $1.9 billion-credit union is participating in e-Funds' pilot of the company's "Get Checking" program because, says Jane Wood, senior...

  • CUNA partnership committee to pursue credit union initiatives

    WASHINGTON-CUNA is polishing up the efforts of its Partnership Committee for battle on three major credit union fronts. Upon renaming the CUNA System Planning Committee as the Partnership Committee, the group and its member organizations have targeted three major initiatives for the coming months: to help credit unions build political...