• EDS, leagues invest in CUNA Network Services; CNS trying to raise $5 million

    MADISON, Wis. - CUNA Network Service's newest strategic tech partner has turned into a 5% equity owner. About a month ago tech giant EDS became a CNS strategic partner for Net banking and other online services, replacing FundsXpress which had a three-year relationship with CNS. At press time during EDS'...

  • Oklahoma League president calls bankers' criticisms of CUs "old news"

    TULSA, Okla. - Bob Bianchini, president/CEO of the Oklahoma Credit Union League may have called the Oklahoma Bankers Association's criticisms of credit unions "the same old rhetoric" and "old news," but that doesn't mean he's shrugging them off. The OBA's statements, said the League, is a reminder of how important...

  • Bulgarian press conference calls attention to credit unions' success, needs

    SOPHIA, Bulgaria - A press conference by the World Council of Credit Unions (WOCCU) marked the beginning of the organization's second year of a three-year project in Bulgaria, according to Project Director John Keane. The press conference was tied in with International Credit Union Day. There are currently over 100,000...

  • Seidman's last farewell

    NEW ORLEANS-In her farewell address to the thrift industry, Clinton-appointed Office of Thrift Supervision (OTS) Director Ellen Seidman reviewed her four-year tenure as a time of enhanced profitability and stability for both OTS and the thrift industry. President George W. Bush has nominated James Gilleran to serve the remainder of...

  • Clark County CU creates own brand of art

    LAS VEGAS - Imagine gazing at a 30-foot wide panorama of a Red Rock Canyon sunset while making a teller transaction or walking around a branch where orange Desert Globemallows, bright yellow Desert Marigolds, lavender Asters and other vibrant indigenous desert plants peek out from almost every wall. Not many...

  • State coins popular as booster of PACs

    INDIANAPOLIS - Collector coins-particularly those commemorative quarters saluting the 50 states-are now a popular new vehicle for raising political action funds for credit unions. In perhaps an unintended offshoot from Sept. 11, underscored by heightened public fervor to demonstrate patriotistism, the market for the coins lately has shown steady growth....

  • CUCorp buys disaster recovery lines of business; will Web-enable

    NORTHVILLE TOWNSHIP, Mich. - CUcorp, the wholly-owned subsidiary of the Michigan CU League, has purchased the Operations Policy Manual and Disaster Recovery Manual lines of business from human resource firm HRN Management Group. CUcorp will assume the operations of these lines for HRN's CU clients. Services include semi-annual operations policy...

  • VENDORS

    Kessler Financial Services, a sales/marketing firm has named John Zdebski vice president of credit union partnership development. Fagliarone Group CPAs, PC, a regional certified public accounting firm, has named James N. D'Imperio senior auditor; Michelle Taylor, staff accountant; and James Czaplicki staff accountant. HBE Corporation, a design/build firm, has named...

  • House passes anti-fraud network bill

    WASHINGTON-The House passed a bill November 6 to create a computerized network linking the anti-fraud databases of the nation's financial regulators and law enforcement agencies. The Financial Services Antifraud Network Act (H.R. 1408), sponsored by ex-FBI agent and Congressman Mike Rogers (R-Mich.), passed overwhelmingly by a vote of 392 to...