I feel compelled to balance the perspective offered in the recent opinion entitled "Sale of Credit Card Portfolios is Sell-Out of Members' Best Interest" (CU Times, March 10) by Perry Dawson, a former CU executive who participated in the formation of CSCU (Card Services for Credit Unions). It is a...
WASHINGTON - With just a handful of credit unions nearing their member business lending caps, why is the entire credit union community pushing for an increase, one might ask. When the Credit Union Membership Access Act became law, it helped many field of membership and other issues necessary for credit...
2004 VENDOR CALENDAR MAY MAY 2-5 IA Systems - StreamLend(tm) 2004 - Annual Users Conference, Saratoga Springs, N.Y. For info: Contact IA Systems at 518-862-9200 or [email protected]. MAY 3-6 XP Systems' Technology Conference, Royal Pacific Hotel, Orlando, Fla. For info: Barb Shambo, 503-598-7024. MAY 4-9 AFTECH Client Conference, Moon Palace...
Served Since: Oct. 9, 1997 Became Chairman: Sept. 13, 2001 Scheduled Departure: April 30, 2004 Many would argue that NCUA Chairman Dennis Dollar leaves behind a legacy that can't be measured only in tangible accomplishments. He brought dignity and respect to the agency's top job and elevated the profile of...
ALEXANDRIA, Va. - NCUA has issued a Letter to Credit Unions (04-CU-05) warning of a recent rash of fraudulent e-mails being distributed in the name of federal regulatory agencies. The letter notes that Treasury recently issued a press release on the matter. The false e-mails are sent out in an...
WASHINGTON-The Independent Community Bankers of America applauded the proposed streamlining of Community Reinvestment Act reporting standards in their official comment letter. The proposal would increase the minimum size of bank having to report on the long form from $250 million to $500 million. However, ICBA thought an even greater increase...
WASHINGTON - The Treasury Department recently named James Carroll, Jr. as its new deputy general counsel. As of April 12, Carroll began his new post as the principal assistant to the general counsel, advising senior officials and overseeing 1,800 lawyers in the legal division. He will also serve as Treasury's...
WASHINGTON-Officials at NAFCU met recently with the senator who has been charged with drafting the Financial Services Regulatory Relief legislation in the Senate. NAFCU Director of Legislative and Political Affairs Brad Thaler said he and NAFCU President and CEO Fred Becker had "a good sit-down meeting" with Senator Michael Crapo...
APPLETON, Wis.-Community First Credit Union was named Small Business of the Year by The Post-Crescent, Appleton's local newspaper. Community First President and CEO Catherine Tierney said the credit union's "corporate citizenship centered on community service" philosophy contributed to their success. "We live our mission," she said in an interview with...
MADISON, Wis. - With the addition of 308,000 jobs in March, credit unions might be encouraged that the nation's economy is really on an upswing. In its most recent Marketline report, MEMBERS Capital Advisors cited data from the Bureau of Labor Statistics Report released recently that showed the economy added...