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PLANO, Texas - EDS is doing what it said it would do after selling off its community bank and credit union data processing businesses - it's focusing on large clients. EDS, which has been beaten up in recent years with weak earnings, mild stock scandals, and massive layoffs, recently announced...

WASHINGTON-The entire credit union community, from trades to regulators, showed unanimous support for the provisions contained in the Credit Union Regulatory Improvements Act (H.R. 3579) before the House Financial Institutions and Consumer Credit Subcommittee. In testimony before the subcommittee last week, NCUA Chairman JoAnn Johnson expressed strong support for all...

INDIANAPOLIS - For a guy who graduated college as a Political Science major and was banned from his first computer class for knocking over a computer out of frustration, David Becker has done pretty well in the technology arena. Becker of course is the entrepreneur who created credit union core...

MADISON, Wis. - Credit unions considering the addition of member business services to their portfolio have a new resource from CUNA. CUNA's new Credit Union Member Business Services Guide examines a number of different business services issues, including: member business checking accounts, commercial loans, SBA loans, lending considerations, loan participations,...

MADISON, Wis. - As a former contract lobbyist with the Madison office of lobbying firm Broydrick and Associates, Tom Liebe is well aware of what it takes to influence legislative decisions. Now he's going to have the opportunity to apply those skills and others to affect credit union-friendly regulatory and...

NEW YORK - Credit unions considering or currently offering trust services may have an edge thanks to the number of lawsuits that have sprang up accusing trustees of mismanagement and poor service mainly as a result of bank mergers. The Wall Street Journal recently reported that "amid financial-industry consolidation, many...

SACRAMENTO, Calif. - Credit unions in California are again this year offering beleaguered state employees some financial relief as lawmakers remain locked in a budget stalemate. At press time, there were signs that some progress was being made on resolving the few remaining issues over the $103 billion budget. Only...

WASHINGTON-The Federal Reserve Board on July 16 withdrew its proposed amendments easing Community Reinvestment Act reporting regulations. Bankers offered strong support to the proposal, which would have raised the threshold to fall under the small bank examination from $250 million to $500 million and lower a bank's CRA rating if...