• Telesis Partnership sets quarterly record for MBL funding

    CHATSWORTH, Calif. - The U.S. economy may be going through a soft spell, but don't tell that to the 50 credit union partners who participate in Telesis Partnership Inc.'s (TPI) commercial real estate, business loan and participation lending services. TPI, a wholly-owned CUSO of Telesis Community Credit Union, funded more...

  • Bunker named CUES chairman

    MADISON, Wis. - Wayne Bunker, CCUE, CCE, president/CEO, Commonwealth CU, San Jose, Calif. was named chairman of the Credit Union Executive Society (CUES) at the organization's annual business meeting held Nov. 5 at CUES' CEO network 2001 in Las Vegas, Nev. In addition, the following other board members were named...

  • Not a state's rights issue

    The NCUSIF and NCUA were the subjects of Bucky Sebastian's (CU Times, Oct. 24)comments. I understand the frustration, but I am confused at this being a state's rights issue. As far as I am concerned the right that the states have is to form their own share insurance company and...

  • OCC guidance cautions national banks on third-party relationships

    WASHINGTON-The Office of the Comptroller of the Currency (OCC) issued guidance on managing the risks that arise when national banks have business relationships with third parties. The issue has jumped to the forefront after evidence of money laundering and other crimes were committed in financing the terrorist attacks of September...

  • The Golden 1 CU shares philosophy of giving

    SACRAMENTO, Calif. - Sometime the old adage "more money, more problems" does not always ring true. For The Golden 1 Credit Union, a $30 million windfall from the sale of its STAR ATM Network stock presented an opportunity to reward members. "We felt an obligation to return it to members,...

  • U.S. Senate FCU takes on anthrax attack

    ALEXANDRIA, Va. - Not in her wildest dreams did U.S. Senate FCU President/CEO Jan Roche ever imagine she'd be taking an antibiotic to combat a strain of the deadly anthrax disease, but these are not ordinary times. No credit union has had a more up close and personal view of...

  • More to a "split" than meets the eye

    Mike Welch suggests (CU Times Nov. 7) the "only decision" that will put the OTR controversy to rest is splitting NCUA from NCUSIF. Mike goes on to say that opponents of such a move regularly "trot out" the same blue sky argument - splitting the NCUA from NCUSIF will lead...

  • Electronic bill pay gains popularity

    STAMFORD, Conn. - Since the growing anthrax scares, Gartner, Inc., a research and advisory firm, forecasts that by the end of 2001, 32 million Americans will view credit card and other statements online representing a 60% jump from last year. While marketing campaigns emphasizing value added services and convenience played...

  • Special Report: Data Processing & Technology

    EDS has become a 5% equity owner in CUNA Network Services. Read about this and other tech developments on pages 16 -26.

  • SOUTHWEST

    Security Service Federal Credit Union, San Antonio, has named Michael Chapman vice president of its Texas central lending department.