Search Results

HERSHEY, Pa. - Hershey Federal Credit Union President/CEO Diana Roberts has been appointed to serve as the chair of the Federal Reserve Bank of Philadelphia's Credit Union Council. Consisting of CEOs from Pennsylvania, New Jersey and Delaware, the 12-member council provides input and feedback to the Federal Reserve Bank on...

HARRISBURG, Pa. - State Secretary of Banking Bill Schenck announced that 84% of the check cashers in Pennsylvania that cash government checks and 87% of grocery store registrants have agreed to charge a maximum of 2.5% to cash government checks. According to Schenck's office, while many check cashers in the...

WYOMING, Minn. - Kelly Becker sees credit unions becoming increasingly willing to contact delinquent members quickly, instead of hesitating to act. That's good news as far as Becker is concerned. He's head of CU Recovery, a firm serving more than 1,400 credit unions in 22 states. Becker notes while delinquency...

VANCOUVER, Wash. - After an at times ugly and contentious meeting that appeared to pit the employees of Columbia Credit Union against some of its members, the eight directors at risk of recall barely escaped with their seats in tact. Although Columbia had said it would start registering attendees to...

While millions of American children are away at college, are you aware how rapidly their credit card debt is growing? From the time they arrive on campus until graduation, students' overall credit card debt doubles. Amazingly, college students hold an average of four credit cards. And while student credit card...

WEST PALM BEACH, Fla. - A majority of the 887 voters in Credit Union Times' just expired voting poll believe that the potential for individual profit is driving the decision by some credit unions to convert to a bank. Approximately 55% of voters believed profit was a factor, while almost...

AVON, Conn. - Business resumption and system security were the hot topics for the latest technical forum put on by COCC for its client credit unions and community banks. One of the presenters, Everett Hanson, vice president of MIS for $1.1 billion HarborOne Credit Union in Brockton, Mass., described how...

HERNDON, Va. - Credit unions using Cavion Plus for Internet banking can now offer their members single sign-on access to their e-statements through DigitalMailer, the companies said. The first two credit unions to do so are $230 million CitizensFirst CU (www.citizensfirst.com) in Oshkosh, Wis., and $50 million Standard Register FCU...