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WASHINGTON - Regional Directors of NCUA have begun formally communicating to eligible credit unions that they can begin to take advantage of the RegFlex regulation. Under RegFlex, credit unions that maintain a CAMEL 1 or 2 and a net worth of 9% for two consecutive examination periods are eligible for...

WASHINGTON - Malcolm Bush, president of the Woodstock Institute, credit union member and recent credit union critic is a member of the Board of Directors of the National Community Reinvestment Coalition. The NCRC has sued the NCUA over how the agency reversed the controversial CAP regulation. Other members of the...

Everyone knows what an agenda is, but not everyone is necessarily aware of how many organizations also have hidden agendas. A good example of that came to light recently when the National Community Reinvestment Coalition (NCRC) came out of the woodwork to file a lawsuit against NCUA for repealing the...

Pacific Marine Credit Union, Camp Pendleton, Calif., formerly known as Marine Corps West Federal Credit Union, has celebrated its 50th Anniversary with a number of special events and member giveaways. The celebration kicked off with a "$50 for 50 weeks" drawing, a contest that gives members the chance to win...

SAN DIEGO - The theme song for most employee scheduling used to be, "Nine to Five." The majority of people worked full-time conventional hours. It was relatively simple to calculate vacation time and benefits. Today the tune might be, "I Did It My Way." A breakdown of employees at a...

ALBANY, New York - Credit unions and banks are not often on the same side of the fence on key issues, but supporters of New York State's Innocent Lienholder bill are counting both credit unions and banks among their supporters. Governor George Pataki pocket vetoed the Innocent Lienholder bill which...

COLUMBUS, Ohio - CME Federal Credit Union has inked a deal with Cleveland-based KeyCorp to provide members surcharge-free access to an additional 2,400 ATMs. As part of the arrangement KeyCorp will act only as an ATM distributor. The partnership will increase CME FCU's surcharge free ATMs from 3,000 to 5,400....

Members1st Federal Credit Union, Mechanicsburg, Pa., has named Nadine S. Freet, Newberry Commons branch manager; Bruce Zimmerman, Blue Cross branch manager; Sue Miller, training and development manager; and Debbie Beaverson marketing account executive. In addition, Members 1st FCU has promoted Anne Bednar to Linglestown branch manager. Genesis Federal Credit Union,...