• Harney County FCU, O.U.R. FCU awarded $700,000 grant

    BURNS, Ore. and EUGENE, Ore. - Harney County Federal Credit Union and O.U.R. Federal Credit Union will receive nearly $700,000 in grants under the Community Development Financial Institutions Fund offered by the U.S. Department of the Treasury. Awarded to non-governmental organizations whose primary mission is to provide loans or investments...

  • Cyber-attack price tag hard to quantify, but damage is real

    COLUMBIA, S.C. - Computer crimes - including viruses, worms and denial-of-service attacks along with actual theft of information and assets - continue to soar, and while a price tag is hard to place on the damage, there is an intangible cost that credit unions particularly should fear, experts say. "Members...

  • Study finds shared branches satisfy convenience niche

    CHICAGO - A newly released joint study by Credit Union Service Corporation, Financial Service Centers Cooperative, Inc., and Service Centers Corporation, the three leading shared branch networks, finds that the most likely users of a shared branch are in their thirties with a credit union checking account and direct deposit....

  • Mercury system ready for new credit bureau format

    SALT LAKE CITY - Credit union data processor Computer Consultants Corp. here believes it is the first CU data processor to integrate the new Metro 2 credit bureau reporting requirement into its core system, Mercury. CCCorp, which serves about 1,000 CUs, has added Metro 2 within its new Windows-based Mercury...

  • Chartway FCU takes a trip down memory lane

    VIRGINIA BEACH, Va. - While some are content to just talk about their days of old, Chartway Federal Credit Union has taken steps to immortalize them in a book- The Story of Chartway Federal Credit Union: From cigar boxes to data chips. "As a SEG-based credit union part of the...

  • Members Choice CU earns `best place to work' honor

    HOUSTON, Texas -What defines a great place to work? Attractive benefits? Training opportunities? Esprit de corps? For Members Choice Credit Union, the answer is all of the above. . . and then some! Recently named one of Houston's "Best Places to Work" by the Houston Business Journal, Members Choice lures...

  • Challenges motivate CUSCAL's Dhun Karai

    SYDNEY, Australia - Imagine being able to offer your members an online Wealth Management Portal where they can quickly evaluate their entire worth including stocks. Imagine your members being able to choose to give access to their financial advisors, lawyers or accountants. And imagine that this fantastic service costs your...

  • Determined: CU acts quickly, assertively to ensure members are served

    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...

  • Florida League averts $8 million tax on SCCUs

    TALLAHASSEE, Fla. - State-chartered credit unions in the Sunshine State have a tip Florida Credit Union League officials received from a staffer in the Florida Department of Banking & Finance, and some fast action by the FCUL's team of three lobbyists to thank for the League's success in blocking what...

  • Matching Treasury list with member rolls becoming technological necessity

    COLUMBIA, S.C. - The national effort to fight terrorism at its financial roots is now posing a challenge to credit unions: How do you match your member rolls against the Treasury Department's list of more than 7,000 suspected terrorists, international drug dealers and other undesirables? The problem is not just...