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  • Corporate One's assets hit $3.5 billion

    COLUMBUS, Ohio - With natural-person CUs awash in liquidity, corporate CUs are seeing their assets balloon. Corporate One FCU is reporting that its assets topped $3.5 billion in late May, a record for the corporate. The corporate's assets jumped by an astounding 60% over the same period last year. The...

  • Credit unions assist in building first Navy USO in Mississippi

    PASCAGOULA, Miss. - Navy personnel from around the world who often spend months away at sea, now have a place to relax, get a bite to eat and build up their sea legs, thanks to a new United Services Organization (USO) facility built with the efforts and support of credit...

  • Southwest Corporate FCU's Jacksonville share draft facility is up and running

    JACKSONVILLE - The $6 billion-Southwest Corporate Federal Credit Union is really making itself known in the Southeast of late. Last month Southwest and Georgia Central CU announced merger plans, with Southwest as the surviving corporate. If completed, the merger will give Southwest Corporate an instant presence in Georgia, with about...

  • Digital Dialogue thinks it can enable small credit unions with big-time services

    TAYLOR, Mich. - It's bandied about all the time in the industry, "Small credit unions can use technology to offer big credit union services." Digital Dialogue here thinks it has what it takes to get small CUs on that path. Digital Dialogue recently unveiled the D2 Small Credit Union Module....

  • NAFCU urges Senate to place CLF as high as possible

    WASHINGTON-In a recent letter to Senate Appropriations Subcommittee on VA, HUD, and Independent Agencies Chairwoman Barbara Mikulski, NAFCU urged the subcommittee to remove the $600 million borrowing cap on the Central Liquidity Facility (CLF), or if not possible, at least set it at last congressional session's $1.5 billion. The letter...

  • Clarke American bringing content to CU Web sites

    SAN ANTONIO - Check provider Clarke American here has entered into an alliance with Internet content provider Greer Group, Cleveland, to offer Web content solutions for credit unions. Clarke American said that it is finding that many of its CU clients can not afford or don't have the expertise on...

  • NCUA agrees to revisit year-end CUSO stats

    ARLINGTON, Va. - NCUA has agreed to take a "good look" at the numbers it reported in its year-end 2000 data on credit union service organizations after talks between an agency staffer and NACUSO President Bob Dorsa concerning the allegedly misleading data. Dorsa called the numbers "way off-base" (CU Times,...

  • Scotwest Credit Union ignored limits to become one of Britain's largest CUs

    GLASGOW, Scotland - Scotwest Credit Union holds 13% of the assets deposited in the 700 credit unions in England, Wales and Scotland. About to mark its 10th anniversary, the credit union has a lot to celebrate. With more than 15,000 members, it is somewhat of a phenomena in the British...

  • CRA uncertainty seen by Crear

    ALBUQUERQUE, N.M. - Even with many favorable signs, the new Democratic leadership in the U.S. Senate presents a climate of some uncertainty for credit unions, particularly on community reinvestment type regulation, according to Peter Crear, CUNA's executive vice president and chief operating officer. Speaking at the annual meeting of the...

  • NYCE to showcase DataNavigator

    SCOTTSDALE, Ariz. - eFunds Corporation announced that EFT giant NYCE Corporation will be a "showcase" customer for eFunds' DataNavigator software, as part of a multi-year contract that eFunds finalized with NYCE in the first quarter 2001. NYCE plans to use the software first for transaction research, and eventually for automated...