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ST. JOSEPH, Mich. - Knowledge is power, but only if you can put it to work. That's what First Resource FCU has done with a series of business intelligence (BI) deployments, and while ROI can be hard to come by in leading-edge areas like data warehousing, some positive signs are...

Right now, your credit union is probably scrambling to enact policies and procedures to comply with the new Customer Identification Procedures (CIP). In addition, you are beginning to change your data collection processes to comply with the Home Mortgage Disclosure Act (HMDA) amendments effective January 1, 2004. The last thing...

GROTON, Conn. - After a nearly eight-year hiatus, shared branching is making a comeback in Connecticut with Charter Oak Federal Credit Union here leading the way in linking up its seven branches with Atlanta-based Credit Union Service Corp. Citing what it says is a vastly improved climate for shared facilities,...

SAN FRANCISCO - After surveying 26 banks nationwide, a study from Consumer Action, a non-profit consumer organization, concluded that overdraft protection is a widely available and cost effective way for consumers to avoid the embarrassment and growing expense of bounced checks. To gauge the potential savings of overdraft protection, Consumer...

Transims Federal Credit Union, Schectady, N.Y. members have approved a merger with Sunmark Federal Credit Union effective July 1, 2003. All Transims employees will be offered employment with Sunmark. The combined credit union under the Sunmark name will have over $310 million in assets and serve more than 42,000 members....

ALEXANDRIA, Va.-In its official comment letter, the Treasury Department expressed concerns with key provisions in NCUA's proposed member business lending rule. "Credit unions have demonstrated a great commitment to their members through member business loan (MBL) programs," the letter from Treasury Assistant Secretary for Financial Institutions Wayne Abernathy stated. "Such...

SAN DIEGO - Walk into the City Heights-Hoover High branch of Mission Federal Credit Union and the first thing that strikes you is the youthful appearance of the people working there. That's because the employees at the branch are high school juniors and seniors. It is, according to Leeann Hardman...

IRVING, Texas - If you're describing "your" credit union, you could be talking about any one of 10,000 CUs. But maybe not anymore as there is now a YOUR Federal Credit Union. When the time came for Southwest IBM Employees Federal Credit Union to change its name, it only had...