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...
Mike Welch wasn't the only person in the 3,000 plus audience at the GAC who felt credit unions came off an embarrassing second best. I for one thought the "debate" was the low spot of one of the best GACs in recent years. Everyone I talked to after the "debate"...
LAS VEGAS - Once there were more than 120 student-run credit unions on college campuses, but the number has dwindled to less than 20 and their demise "is troubling," according to the new head of the CUNA-linked Campus Credit Union Council. "I think there are valuable learning lessons lost on...
ROCKLIN, Calif. - Addison Avenue Federal Credit Union has combined its nationwide branch operations and investment access centers under one roof in an effort to simplify member interaction and streamline management levels. The $1.7 billion credit union, through its investment subsidiary Addison Avenue Financial Partners (AAFP), offers its 124,000 members...
WASHINGTON - Helping software learn while learning a good bit themselves about what credit union members want and need to know is a hot activity for some folks at Callahan & Associates right now. The advisory firm has contracted with Fuze Digital Solutions of Bellevue, Wash., to deploy Fuze MemberLink,...
WASHINGTON - As the deadline to file Federal tax returns draws steadily closer, 25,000 low-income Americans who apply for the Earned Income Tax Credit will face additional checks of their data and returns before they receive their credit. The Internal Revenue Service estimated that 21 million taxpayers claimed the EITC...