• CU House investor reception: Honoring those that made CU House possible

    WASHINGTON - Credit Union House played host to an investor's reception for those who made credit unions' new 8,300 square-foot landmark at 403 C St., NE in Washington a reality. For credit union league representatives around the country who were unable to attend the rescheduled Credit Union House investor's reception...

  • CU Association of West's 2002 educational calendar series organization's first joint effort

    RANCHO CUCAMONGA, Calif. - In its first joint effort to provide services to credit unions in four West coast states, CU Association of the West announced its master educational calendar for 2002. Unveiled this past July, CU Association of the West is a "super regional" organization of the California/Nevada, Oregon...

  • Credit unions may decide not to fly the coop

    There are three unrelated topics in my potpourri file on which some observations may be of interest: * First topic: Kudos to all those responsible for obtaining the new Internet designation, dot-coop, or more correctly, .coop. Obtaining a new domain is no small task. It has been estimated that there...

  • NYCE's Chicago debut

    WOODCLIFF LAKE, N.J. - Hoping Chicago turns out to be a NYCE-kind of town, the electronic funds network has launched a series of television advertisements in the area. The television ads follow two women driving around a city shopping district in a convertible. When one sees something she likes she...

  • Bown withdraws from FHFB director nomination

    WASHINGTON-Former NCUA Board Member Shirlee Bown has asked to be withdrawn from the nomination for Federal Housing Finance Board director, according to the American Banker. The White House would not release details of the alleged letter Bown sent to President George W. Bush asking her name be removed from the...

  • A new player in the nationwide ATM network

    WASHINGTON - ATM National LLC has announced it will introduce in early 2002 the first new nationwide ATM network in over 20 years. The network will offer its members and their customers' surcharge-free transactions and deposit sharing at more than 30,000 ATMs across the country. According to ATM National President...

  • `Differentiation' key to effective lending strategy, says Porter Lending Project

    MADISON, Wis. - Credit unions know they have great lending products and services, but that isn't enough for them to be competitive. What's needed, concluded a group of 12 credit union lending experts in a white paper, is for credit unions to focus on a competitive strategy and differentiate themselves...

  • Officer named new NCUF executive director

    MADISON, Wis.- Gary Officer, an affordable housing professional, was named the new National Credit Union Foundation (NCUF) executive director. Officer replaces Pat Brownell, who announced her plans to leave the foundation earlier this year. "I think the Board has made an excellent choice," says Brownell. "I'm leaving the National Credit...

  • Sandia Area FCU marketing efforts recognized

    KIRTLAND AFB, N.M. - Sandia Area Federal Credit Union has been presented an Award of Achievement in the financial institution division from the American Marketing Association. Awards were given to organizations that had successful marketing campaigns during the past year. SAFCU's winning submission was its grand opening campaign for its...

  • Check writing becoming thing of the past

    BOSTON-New data collected by the Federal Reserve System suggest check writing in the United States is steadily giving way to electronic forms of payment as consumers, businesses, and financial institutions seek to be more efficient and cost-effective. "The Federal Reserve Banks conducted the study to gain a better understanding of...