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ALEXANDRIA, Va.-Sixteen Kenyan credit union representatives met with NCUA officials recently to discuss their efforts to create a legal and regulatory scheme for credit unions. "Clearly, Kenya has made significant strides in further developing a safe and sound regulatory structure for their credit union system," said NCUA Chairman Dennis Dollar....

Please allow me this opportunity to express an opinion about the wording on the most recent poll on the Credit Union Times Web site regarding the credit union conversions to banks issue ("Do you think the potential for individual profit is at all playing a role in the decision making...

SALT LAKE CITY - The Utah League of Credit Unions said it is heartened by recent comments of Gov. Olene Walker supporting the dual chartering system and "equality" between state and federal charters. The state's new Republican governor made her comments at the League's annual meeting and were repeated in...

MADISON, Wis. - Credit unions may see a rise in U.S. Treasury Bonds from investors seeking safe havens in light of last week's terror attacks in Madrid, Spain. In its weekly Marketline report, MEMBERS Capital Advisors reports the "bottom line for investors is that the Madrid bombings have increased uncertainty...

WASHINGTON-In extensive comments to the Federal Reserve regarding proposed changes to Regulation CC in light of the Check Clearing for the 21st Century Act, CUNA and NAFCU raised several concerns. Both groups' comment letters included a long list of subjects they wanted to express their views on from definitions to...

PHOENIX, Ariz. - Arizona credit unions are on the right track in pitching financial literacy programs to adults instead of focusing solely on students, according to a top U.S. Treasury aide. Speaking here to CU executives involved in financial education, Daniel Iannicola, U.S. Treasury Deputy Assistant Secretary overseeing the department's...

MIDWAY, Utah - Reed Data Inc., a longtime provider of optical storage and backup systems to credit unions, has introduced an Internet-based backup and offsite disaster recovery solution. The 2020iSync system is browser based and allows credit unions to backup data for both routine and emergency purposes through a secure...

DENVER - The Aimbridge Group introduced what it describes as "a service oriented architecture suite" that allows the company to publish its vehicle loan application decisioning and funding tools on the Internet, thereby providing credit unions easier access to them. Aimbridge Explorer is built on Microsoft .NET technology. It gives...