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WASHINGTON - CUNA has been watching the progress of a loan participation proposal from the Financial Accounting Standards Board supporting its stance that there are safeguards currently in place to address the arrangement. In a May 10, 2004 letter to FASB CUNA wrote " (loan) participations are important financial and...

AUGUST AUGUST 3-6 NCCU(National Center for CU's) 27th National Directors' Conference & Exposition, The Venetian, Las Vegas, Nev. For info: Dennis Sullivan, 301-287-2211 or [email protected]. AUGUST 8-13 CUNA & Affiliates' Financial Management school: Parts I &II, Hyatt Regency, Denver, Colo. For info: 800-356-9655, x 4249 or www.training.cuna.org. AUGUST 11-14 The...

MOUNTAIN VIEW, Calif. - VeriSign Inc., a longtime major provider of Internet infrastructure, has launched a five-piece anti-phishing security offering. Fraudsters use phishing attacks, typically e-mails, to attempt to fool consumers into giving account numbers and the like through real-looking Web sites. Estimates are that up to 5% of users...

LENEXA, Kan. - The push for a single national credit union image exchange entity to give the industry a major advantage in the post-Check 21 world took another step forward recently. In April U.S. Central invited the major credit union item processors (a mix of corporates and league service corporations)...

LAUREL, Md. -Tower Federal Credit Union has dedicated its Visitor Control Center branch in memory of Branch Manager Pamela Lewis, who exemplified over 23 years of service excellence, leadership, and teamwork. Lewis died in December 2003. "Pam set the threshold of how to manage, leaving a legacy at Tower Federal...

PEORIA, Ill. - CEFCU has raised $50,500 during a year-long Children's Miracle Network campaign to benefit the Children's Hospital of Illinois at OSF St. Francis Medical Center. Funds raised will be used to purchase new neo-natal and pediatric equipment, support an in-house school for patients, maintain a parent support fund,...

At the end of Mike Welch's June 30th Publisher's Column ("Leading Credit Union Conversion Advocate Cries Foul"), he has an excellent "Gotcha!" on my letter-to-the-editor in the June 2, 2004 issue ("Union Not the Bad Guys.") Essentially, he says that if the union members can take credit for a good...

NSB KINGS BAY, Ga.-For Navy Federal Credit Union Assistant Branch Manager aboard the NSB Kings Bay Laura Williams, triathlons and marathons were not entirely meeting her need to challenge herself. So at 42, after going to cheer on some friends at a bodybuilding competition, she became determined to get involved...