• Corporate credit unions seeing credit unions going longer with investments; inverted yield curve no more on the short-term

    WEST PALM BEACH, Fla. - Corporate credit unions throughout the country - large and small - are reporting that their credit union members are now starting to move money out of overnight accounts and into longer-term corporate investments. With the inverted yield curve present for most of 2001, short-term rates...

  • Turning the page: Walberg puts credit union work behind him, begins a new chapter in his life

    HELENA, Mont. - Herbert Walberg didn't plan on working in the credit union industry, but he wound up spending almost 30 years of his professional career in service to Montana credit unions. He also didn't expect to be involved in any professional credit union activities on a national level, but...

  • Banks define competition on their terms

    There is currently a major disagreement over whether or not bank holding companies should be permitted to engage in the real estate brokerage business as an extension of their incidental powers. Banks say yes, of course. They justify it by saying things such as: It is merely a logical extension...

  • New WOCCU Chairman gives his first interview to Credit Union Times

    KILLARNEY, Ireland - Newly elected World Council of Credit Unions (WOCCU) Chairmen Gerry Foley, sat down with Credit Union Times in the Great Southern Hotel to discuss his credit union involvement past, present and future. Speaking with a thick brogue, Foley is known for his easy smile, warm touch, ability...

  • AWARDS

    Workers' Credit Union, Fitchburg, Mass., President/CEO Frederick D. Healey has been honored with the Boulder Award for his outstanding contributions to civic life through the use of public communications. The Boulder Award, named after Fichburg's distinctive Rollstone Boulder on the Upper Common, signifies the rock-solid achievement of its recipients. WCU...

  • Living in the past: ABA brief rehashes old issues

    WASHINGTON-As NCUA, CUNA, and NAFCU lawyers settle down for bedtime reading with the American Bankers Association (ABA) appeals brief for their field of membership case, they are not discovering anything new. According to CUNA General Counsel Eric Richard, most of the issues are just a "re-hash of those already considered...

  • PSCU undergoing strategic realignment

    ST. PETERSBURG - There's a true rags to riches credit union success story playing out in St. Petersburg, Fla., the home of Payment Systems for Credit Unions. Formed back in 1977 by the CEOs of five credit unions - GTE FCU, Suncoast Schools FCU, Pinellas County Teachers CU, Publix Employees...

  • Nationwide Inserts 2001 catalog available

    RIVERSIDE, Calif. - Nationwide Inserts, has released its 2001 catalog of turnkey credit union statement inserts, postcards and lobby posters The new catalog contains nearly 200 different inserts in 19 categories, that clients can mix and match fronts and backs to best convey their message. The inserts are available in...