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NEW CASTLE, Del. - In an effort to woo members who may not have the industry-minimum $1 million in assets needed to take advantage of trust services, one newly-established trust operation is significantly lowering that threshold. DELCU Financial Services, L.L.C., a CUSO owned by 16 Delaware credit unions and managed...

DETROIT - General Motors Corp. and Ford Motor Co. both intend to continue to offer consumers incentives and 0% financing deals similar to the ones they offered last year. Beginning March 1, GM began offering $1,500 cash rebates on some of its best-selling trucks and sports-utility vehicles. Instead of the...

VIENNA, Va. - Navy Federal Credit Union has launched the latest addition to its ATM fleet - a mobile ATM. Equipped with two cash dispensing machines, the mobile ATM offers such services as cash withdrawals, account inquiries and transfers. Service to non-members is provided through the PLUS ATM network.

BROOKFIELD, Wis. - Fiserv has named Dean Schmelzer Group President, Marketing and Sales. Fiserv said Schmelzer will focus on company-wide sales and marketing as well as on extending Fiserv's sales organization and coordinating relationship management. Schmelzer joined Fiserv in 1992 as EVP, Marketing and Sales.

FARMERS BRANCH, Texas - Credit Union Employment Resources (CUER), an affiliate of the Texas Credit Union League expanded its marketing and licensing agreement with MyDAS Marketing to provide Credit Union University with online training and education modules for league-affiliated credit unions. CUER plans to start offering Credit Union University to...

OMAHA, Neb. - Corporate credit unions continue to buck their billing as being primarily in the payment processing and liquidity business. At CUNA's recent Governmental Affairs Conference, the $150 million Nebraska Corporate FCU made a splash with an exhibit hall booth debuting its new CUSO, Credit Union Enterprises. "About eight...

WASHINGTON - Overall, 18 states and the District of Columbia had unemployment rates above the national average of 4.8% in 2001. According to the U.S. Department of Labor, Bureau of Labor Statistics, Washington State registered the highest jobless rate, 6.4%, in 2001. Washington was closely followed by Alaska and Oregon...

ALEXANDRIA, Va. - NCUA Chairman Dennis Dollar will testify March 14, along with other financial regulators, about credit union needs in the Regulatory Relief package being prepared by the House Financial Services committee. Because of the March 14 testimony, the March NCUA Board meeting has been rescheduled to Wednesday, March...