Search Results

U.S. Recordings, a mortgage recording solutions provider, has named Pam Trombro systems analyst/programmer. Redbeard Communications, a brand strategy and creative design firm, has named Scott Ballard managing art director.

DALLAS - The $9 billion Southwest Corporate says it is doing all it can to get its credit union members up to speed on Check 21, which becomes effective Oct. 28. The corporate is conducting a series of Check 21 clinics in 13 cities during July and August. Southwest describes...

MIRAMAR, Fla. - Steve McGill, EVP and COO of the $1.8 billion Eastern Financial Florida CU, will take over as CEO on July 6. McGill succeeds Kent Herbert who according to the CU is retiring to his native state of Wisconsin "Kent did a fabulous job for us and we...

ARLINGTON, Va. - A mixture of rivalry, cooperation and confusion over the role of card brokers marked the process through which the $1.3 billion Texans Credit Union recently sold its $53 million credit card portfolio to card giant MBNA according to sources involved in the sale. The El Paso-headquartered credit...

ALBANY, N.Y. - Empire Corporate has already attracted $3.5 million in deposits on a new floating rate CD it launched last month. The CD is tied to the 1-month LIBOR and resets monthly. The first rate reset on June 14 earned members a 14 basis point increase. The CD is...

DEARBORN, Mich. - DFCU Financial has opened the doors to the first high school student-run credit union branch in Livonia, Michigan. Operated by students from the school's Business Education Department under the guidance of DFCU Financial staff members the DFCU Franklin HS branch will be open during lunch hours one...

CHICAGO - Pay Rent, Build Credit Inc. (PRBC), a credit bureau that enables consumers to establish and build a credit history with rental payments - similar to what homeowners do with mortgage payments - introduced the PRBC Bill Payment ScoreT Release 1.0 and the PRBC AchieversT 100+ scale at the...

NORWALK, Conn.-CUNA and NCUA explained credit unions' plight under the Financial Accounting Standards Board's proposed guidance on loan participations. Under the proposal, known as Financial Accounting Statement 140, loan participations would be treated as secured borrowing rather than a sale as it is currently treated, which would leave the loan...