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  • Suncoast Schools FCU joins CUFSLP

    WASHINGTON - The $2.7 billion Suncoast Schools FCU, Tampa, Fla., has joined the Callahan Credit Union Financial Services Limited Partnership. CUFSLP is billed as an organization seeking "to create competitive advantage through cooperative action." It has 40 CU members. Callahan Financial Services, Inc., a registered broker-dealer, partnered with 15 CUs...

  • It's a dog or cat's world, will more credit unions be part of it?

    WEST PALM BEACH, Fla. - Animal lovers, the insurance companies are taking pet concerns seriously and now pet insurance is on the rise. It seems it was just a matter of time. According to an American Animal Hospital Association survey, over 60% of households have either a dog or cat...

  • CUs breaking the asset barrier

    WEST PALM BEACH, Fla. - More credit unions are hitting new asset growth milestones. Jacksonville, Fla.-based Educational Community Credit Union, Sunnyvale, Calif.-based Star One Credit Union, and Indianapolis-based Indiana Members Credit Union are the latest to reach new asset plateaus. ECCU has grown to $508 million in assets. Crediting its...

  • Credit unions adding underserved communities at unprecedented rate

    ORLANDO,Fla.-America's federal credit unions are expanding service to underserved and low-income communities at an unprecedented pace, according to NCUA Acting Chairman Dennis Dollar. Appearing on a Web cast at the NAFCU Annual Convention, the Dollar said that in the first six-months of this year, there have been more than 4.9...

  • What CUs can learn from Fiserv's re-design?

    Here's what Level 9 thinks CUs should be concentrating on when relaunching their Web sites. 1. Leverage existing efforts. It is not necessary to spend great sums of money in order to retrace the correct developmental steps. The thought process itself is not inherently costly. In fact, it is part...

  • Bank of America lends Latino Community CU a helping hand

    CHARLOTTE, N.C. - Bank of America has committed $240,000 to Durham, North Carolina-based Latino Community Credit Union to help jumpstart its opening. Crime against Hispanics here is on the rise. With many Hispanics keeping their money in their pockets or at home, they are becoming easy targets. Bank of America...

  • Hoping for CU startups, Nev. League issues manual

    LAS VEGAS - Hoping to encourage new credit union formations in the state, the Nevada Credit Union League has issued a 31-page manual guiding interested residents in chartering new state or federal credit unions. "It's been more than five years since the last credit union was started in our state,...

  • Bankruptcy abuse reform legislation back on track with a little help from its friends

    WASHINGTON-Senator Harry Reid (D-Nev.) filed a motion to proceed with the bankruptcy reform legislation (S. 420/H.R. 333) conference to iron out the differences between the House and Senate bills last week. This should make way for the naming of conferees any time now, but opponents have other plans. Senator Paul...

  • If safer, consumers would spend more online

    MAITLAND, Fla. - According to a recently released Star Systems survey, about 50% of Web shoppers would spend more online if new security technologies were in place. Approximately three-quarters of respondents said they shop online, but worry about security, and one-third of them said they limit their online purchases because...

  • MBA backs restarting multifamily mortgage insurance program

    WASHINGTON - The Mortgage Bankers Association has urged the Senate to approve legislation that will restart the Federal Housing Administration's multifamily mortgage insurance program. According to the MBA, the program would encourage the development of more that 50,000 rental units in 33 states and the District of Columbia. The Senate...