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MADISON, Wis. -Some are speculating that a recent IRS private ruling letter on deferred compensation plans may be the first promising step in giving federal credit unions the ability to offer a plan common in the for-profit world that could put more money in credit union execs' pockets. The April...

FORT WORTH, Texas - In what might be considered his swan song, outgoing NCUA Chairman Dennis Dollar used the analogy of ducks and geese to explain the difference between credit unions and banks to the Fort Worth Chapter of Credit Unions April 27. The event was his last scheduled public...

WASHINGTON-Attacks from the banking groups have really heated up since they got wise and started stealing ideas out of CUNA's playbook. CUNA President and CEO Dan Mica said a banking group lobbyist told him, "We've learned our lesson. We're going to take pages right out of your book." Evidence of...

ALEXANDRIA, Va. - A federal credit union may provide no-interest loans as charitable contributions under the incidental powers rule, NCUA ruled recently. One credit union recently asked NCUA for its opinion on a program with Home HeadQuarters, Inc., which makes prime-rate loans averaging $10,000 for seven years for home repairs....

NORTHVILLE TOWNSHIP, Mich. - CUCorp, a wholly-owned subsidiary of the Michigan Credit Union League has partnered with HRValue Group LLC, a credit union human resources solutions provider made up of a consortium of state leagues and CUNA Mutual Group. In addition to Michigan, the other state leagues represented in HRValue...

VANCOUVER, Wash. - Superior Court Judge Roger Bennett is expected to decide any day whether or not, among other things, five of the nine members of the $619 million Columbia Credit Union's board are seated illegally as well as whether credit union members in the case have a right to...

LAS VEGAS - Approximately 400 registrants are expected to turn out for NACUSO's 2004 Annual Conference, May 2-4 at the Caesars Palace in Las Vegas, Nev. The three-day conference starts off with a pre-conference meeting hosted by NACUSO General Counsel Guy Messick of the Credit Union Caf, which gives credit...

STAMFORD, Conn. - With identity theft spiraling, are credit unions missing an opportunity to fill a much needed niche? "Three out of five consumers are telling us that financial institutions are not doing enough to educate them on how to protect against identity theft, as most are learning about it...