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  • Nevada CU raises money in `bailout' drive

    LAS VEGAS - It's not often that credit unions and banks end up doling out `handouts' or charity for the state, but out of self interest a group of 30 institutions-led by one Las Vegas credit union-have come up with a $100,000 bailout plan which solves a computer foul up...

  • ING acquires 87% interest of Mexican Insurer

    ATLANTA - ING Group has spent $791 million to acquire a majority interest of Seguros Comercial America from Savia SA de CV. ING now has an 87% stake in Seguros Commercial, which has a distribution network of more than 8,000 agents and in sales, has an 8% share of Mexico's...

  • SOUTHWEST

    Credit Union of Texas, Dallas, has promoted Karen Coffey to vice president of marketing. Community Federal Credit Union, Oklahoma City, Oklahoma, has promoted Billy McDaniel to vice president of operations and Amy Roush to vice president of corporate development. In addition, CFCU has named Scott Mendenhall vice president of information...

  • Ohio is 26th state to be accredited by NASCUS

    COLUMBUS, Ohio - The Ohio Department of Commerce's Division of Financial Institutions has received the accreditation of NASCUS. The designation means the NASCUS Accreditation Review Team, the Accreditation Audit Committee, and the Performance Standards Committee have concluded that the Ohio DFI meets the criteria necessary to fulfill its statutory responsibility...

  • Fiserv's new site more than just a pretty face

    BROOKFIELD, Wis. - On July 7, a new era for Fiserv was started - well it wasn't that dramatic, but it is the day of a new start to Fiserv's Web presence. The newly redesigned, re-engineered Fiserv site (www.fiserv.com) went live on that day, but it's not done yet. In...

  • donations

    US Federal Credit Union, Burnsville, Minn., has raised $5,180 during the Twin Cities Multiple Sclerosis Walk 2001, which supports research for the fight against MS. In addition, USFCU was the fifth largest corporate team to participate. The USFCU Walk Committee came up with unique ways to raise money including, Casual...

  • Mid-States promotes Ronald Koza

    NAPERVILLE, Ill. - The $3.7 billion Mid-States Corporate Federal Credit Union, which is currently in the midst of an executive search to replace its current president/CEO Don Finn who has announced his retirement plans, has made an executive announcement. Mid-States has promoted Ronald Koza to executive vice president/chief investment officer....

  • Security FCU`s proactive approach to employee health

    FLINT, Mich. - Security Federal Credit Union has taken the concept of healthy body, healthy mind to a new level. The $209 million credit union has invested in its employees' health by adopting a new weight management program. Approximately 37 individuals participated in the 10-week program delivered by McLaren Regional...

  • Quotes worth quoting

    "People are very fired up about it and excited to do it. It's really a good experience." CUNA Grassroots Manager Gretchen Graf on CUNA's Project Differentiation. "The human resources problem is universal among credit unions, but the solutions aren't. Credit unions need a national company that's totally devoted to serving...

  • Hanson opinion offensive

    In reading Raymond Hanson's 0pinion in the June 20, issue of Credit Union Times, "Six common myths, and the realities of strategic business planning," I found the tone of his generalizations rather condescending, although I understand the points he tries to make with regards to the myths he is trying...