Search Results

WASHINGTON-Following 9-11, financial institutions have bolstered efforts to detect money laundering and terrorist financing. to the Financial Crimes Enforcement Network's By the Numbers, Suspicious Activity Reports have greatly increased. Between April 1996 and December 2003, nearly 1.3 million SARS were filed. Over 36,000 of those were from institutions regulated by...

ARLINGTON, Va. - Latching on to the success of the beanie baby collectibles, NAFCU's political action committee has made impressive strides in growth, namely thanks to their colorful bean bag bears. According to NAFCU Director of Legislative and Political Affairs Brad Thaler, PAC Pals-as the bears are called-account for approximately...

Ent Federal Credit Union, Colorado Springs, Colo., has promoted Melissa Dixon to director of marketing and ecommerce. 1st Pacific Credit Union, Vallejo, Calif., has named Timothy Barnes executive vice president/chief financial officer and Gohar Roosta to Benicia branch manager. America First Credit Union, Riverdale, Utah, has elected the following officers...

MADISON, Wis. - With more credit unions answering the call of financial literacy, CUES has launched the Financial Literacy Clearinghouse. "We in the credit union movement are here because we want to make a difference. We can make a positive impact on our members' lives by teaching them how to...

LITTLE ROCK, Ark. - Former NCUA Board Member Bob Swan has joined the staff of CUSO Partners LLC, a credit union-owned securities broker/dealer as a consultant. D. Henry Blevins, SVP/investor relations of the company said Swan's employment with CUSO Partners was effective April 1. "We did a trial run with...

WASHINGTON-CUNA wrote a letter in strong opposition to the Financial Accounting Standards Board's recent proposal to review its Financial Accounting Statement 140, Accounting for Transfers and Service of Financial Assets and Extinguishments of Liabilities. "Participations are important financial and management tools that are increasingly used by credit unions, and by...

WASHINGTON - Dollar Associates officially opened for business on Monday. Following their six-and-a-half year run at NCUA, former Chairman Dennis Dollar and his former Chief of Staff Kirk Cuevas have formed a business partnership. Dollar explained that the question "was not how you're going to enjoy yourself after a job...

TROY, Mich. - Colleagues and friends of Ken Bixby who were accustomed to see him always wearing a suit and tie would be surprised to learn that the former president/CEO of the Michigan Credit Union League not only doesn't wear that attire anymore, he deliberately got rid of them when...