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  • Becker congratulates FCUs on their success

    ORLANDO, Fla.-NAFCU President and CEO Fred Becker took the time during NAFCU's Annual Conference & Exhibition to commend federal credit unions for their growth. He told the 1,600 attendees of the conference that federal credit union membership was climbing and that one in four Americans belongs to a credit union....

  • FirstCorp acquires Arizona league service corp.'s share draft program

    PHOENIX - After providing settlement and back office services for the Arizona Credit Union League Services Corp.'s member share draft program for almost 10 years, FirstCorp has taken the next step and acquired the program. As part of acquisition plan, the corporate credit union is planning to add image technology...

  • NASCUS urges SEC to amend interim final rule, add exemptions for SCCUs

    ARLINGTON, Va. - NASCUS is urging the Securities and Exchange Commission to amend its "Interim Final Rule, 12 CFR Parts 200 and 240, Definition of Terms in and Specific Exemptions for Banks, Savings Associations, and Savings Banks Under Sections 3(a)(4) and 3(a)(5) of the Securities and Exchange Act of 1934"...

  • Special Report: Share Drafts & Item Processing

    After months of preparation, Community Credit Union's new online check imaging system is up and running. The new service makes CCU the first financial in Dallas to offer this product that makes it possible for members to access images of their cleared checks online. Read Community CU's story and other...

  • NCUA explains questionable year-end 2000 CUSO stats

    ARLINGTON, Va. - It wasn't Bob Dorsa's imagination after all. NCUA's year-end 2000 CUSO stats looked suspiciously high to NACUSO's president, and now it turns out that Dorsa was right all along. As reported by Credit Union Times in the May 23 issue, Dorsa took a look at NCUA's year-end...

  • Denali Alaskan FCU forms investment, insurance CUSO

    ANCHORAGE, Alaska - To meet the investment and insurance needs of the members who make up more than 450 select employee groups, Denali Alaskan Federal Credit Union (DAFCU) recently formed Denali Alaskan Financial Services, LLC (DAFS). The credit union service organization is working with CUSO Financial Services (CFS), an independent...

  • Geismar Complex FCU learns hard lessons on disaster preparedness

    GEISMAR, La. - Disasters by definition are unexpected. As much as credit unions prepare for the `what ifs,' they're always left with a learning experience after they deal with a disaster. That's just the situation Geismar Complex FCU is finding itself in now while they continue to operate under make...

  • TNB launches GoToMyCard.com

    DALLAS - With all the talk about member convenience and 24-hour account access TNB Card Services, a full-service card processor, has recently released GoToMyCard.com. The customized site design positions the host credit union's Web site as the portal for the member's credit card account information. Partnering credit unions place a...

  • MIDWEST

    Wright-Patt Credit Union, Fairborn, Ohio, has named Tim Mislansky, general manager of the Wright-Patt Financial Group; Joy Lisle personal financial advisor; and Richard O. Lung personal financial advisor. Commonwealth Credit Union, Sun Prairie, Wis., has named Andy Faust president/CEO. Royal Credit Union, Eau Claire, Wis., has named Michele Kostman, Woodward...

  • NCUA Group "AIMs" for improved agency efficiency

    ORLANDO, Fla.-NCUA Acting Chairman Dennis Dollar announced at NAFCU's Annual Conference & Exhibition that soon after he took the helm of the credit union regulatory agency, he directed senior staff to review NCUA's management and organizational structure for opportunities to streamline and improve operations and thereby increase agency accountability, budgetary...