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ORLANDO, Fla. - Callahan & Associates and WesCorp kicked off their first ever Financial Strategies Conference last week with some sobering economic news. Goldman Sachs economist Andrew Tilton spoke to the 61 credit union attendees, made up mostly of CEOs and CFOs. Tilton said the economic recovery is progressing, but...

BETHPAGE, N.Y. - Title insurance CUSOs are also hitting New York with Bethpage Management Services, a wholly owned subsidiary of Bethpage Federal Credit Union, forming its new CUSO named Land Bound Services, LLC. Land Bound Services, LLC will provide title insurance services for residential and commercial properties. "We are offering...

WEST PALM BEACH, Fla. - Kathy Garner and Pete Pritts hope that if their vision of a national credit union-owned exchange "switch" comes to be, the industry will have a lot more control over how it plays in the post Check 21 world when image exchange finally takes off. The...

HUNTSVILLE, Ala. - After it was unexpectedly forced to close its Fayetteville, Tenn. branch for three days pending the results of an investigation in to a white powdery substance detected by a CU employee on March 6, Redstone FCU got the "all clear" from the Fayetteville Police Department on March...

First Resource Federal Credit Union, Ft. Smith, Ark., has named Tonya Rogers Roger's Avenue branch manager and Lisa R. Smith Jenny Lind Road branch manager. In addition, First Resource FCU has promoted Sylvia Spencer Van Buren branch manager.

BOSTON - The Federal Reserve approved the merger of FleetBoston Financial and Bank of America on March 8, paving the way for what some credit unions see as an opportunity to woo customers away from the litany of fees that have typically come with large bank acquisitions. The FleetBoston Financial...

In what was interesting timing, America's Community Bankers ran the below (left) "quack, quack" ad calling for credit unions that are acting like banks to be taxed. Meanwhile the California Credit Union League ran its own ad shown here (right) questioning why banks are so concerned about credit union growth...

It is rare for national credit union trade groups to go to Congress to propose separate credit union legislation. And for good reason. Tacking on a couple of credit union friendly proposals to even remotely related bills wending their way through the law-making process is much easier and a whole...