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DUBLIN, Calif. -Operating Engineers Local No. 3 Federal Credit Union has appointed Vice President of Operations Leon Lanfri President/CEO. With over 30 years of experience, Lanfri succeeds William Onesta, who retired at the end of 2003. Lanfri has been with the $700 million credit union since 1992 and as VP...

HUTCHINSON, Kan. - What's in a name? A lot when it's a domain, such as www.hcu.coop. That's the Web address that Hutchinson Credit Union just scooped up when it became available again from the National Cooperative Business Association, the trade group administering .coop addresses. "The co-op addresses are not well-known...

ALBANY, N.Y. - The nearly 300 members of First Baptist Federal Credit Union in East Elmhurst, N.Y., now may be able to do what millions of other credit union members around the country already do: use an ATM card from their credit union and enjoy the benefits of direct deposit....

The passage of Section 352 of the USA PATRIOT Act in response to the events of September 11, 2001, has motivated some credit unions to take a closer look at the effectiveness of their anti-money laundering processes. The PATRIOT Act does not require the use of software to monitor for...

ALEXANDRIA, Va.-In written testimony to House and Senate subcommittees, NCUA Chairman Dennis Dollar has requested a $2 million appropriation for the agency's Community Development Revolving Loan Fund and $1.5 billion borrowing authority for the Central Liquidity Facility for fiscal year 2005. Dollar requested another $2 million of appropriations to the...

WASHINGTON - The U.S. Department of Housing and Urban Development recently proposed new federal regulations that would raise the targeted lending requirements for Fannie Mae and Freddie Mac. According to a HUD release, the agency estimates that over the next four years, an additional one million low- and moderate-income families...

TALLAHASSEE, Fla. - Members of the $158 million Sunshine State Credit Union will meet on June 30, 2004 to finalize their vote on changing the credit union's structure to that of a federally chartered mutual bank, according to the credit union's disclosure notices to members about the vote. Should the...

JACKSONVILLE, Fla. - Decade Systems, a provider of integrated mortgage processing solutions to credit unions and other financial institutions, says it has agreed to be a preferred integration provider and re-seller of Ellie Mae Inc.'s Web- and desktop-based loan-origination productivity tools. Decade Systems (www.decadesystems.com) will help Ellie Mae clients integrate...