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COLUMBUS, Ohio - KEMBA Financial Credit Union doesn't necessarily take the beaten path when it comes to launching a new solution or solving an old problem, its chief technology officer says. For instance, unsatisfied with standard options for electronic statements and notices delivery, KEMBA Financial combined its archival system from...

WEST PALM BEACH, Fla. - Experts say the decision of whether or not to purchase an insurance agency will soon be on the minds of many credit union executives. According to Thomas R. Linn, senior vice president of Concord, Ohio-based insurance consulting firm Marsh Berry and Company, the future is...

WASHINGTON - During all the ceremony over the passing of former President Ronald Reagan earlier this month, a lot of ink was used to cover the events and his history. Of all the places Reagan had traveled, according to the Palm Beach Daily News, Palm Beach, Fla., was a particularly...

WASHINGTON - The House of Representatives' Veterans Affairs Benefits Subcommittee recently voted on two bills to increase the U.S. Department of Veterans Affairs loan guarantee to 25% of the conforming loan limits, which would allow loans up to more than $330,000. The current VA loan limit is $240,000. The Subcommittee...

MADISON, Wis. - When you're the CEO of not only the world's largest credit union, but a credit union that is growing rapidly and expanding into new areas, time is a valuable commodity. Navy FCU President/CEO Brian McDonnell resigned from the board of CUNA Mutual Group at the recently held...

SAN DIEGO -Credit unions are only doing an "average" job in reaching out to the underserved and unbanked, forcing tens of millions of people to seek out alternative financial services such as check cashers and payday lenders. And credit unions only receive average marks for serving the young. A 20-year-old...

NEW BRIGHTON, Minn. - CU Companies, a CUSO owned by 45 credit unions throughout Minnesota, has named Bryan Bennett executive vice president. Bennett has served for the past 18 years as executive vice president and chief financial officer of City-County FCU, Minneapolis. "We've experienced tremendous growth over the last seven...

ST. LOUIS - First Community CU is running an auto loan promotion June 7-July 15 to benefit the Susan G. Komen Breast Cancer Foundation. Every member who finances a new or used vehicle with the credit union or refinances their existing auto loan from another financial will receive $50. All...