Search Results

WASHINGTON-The Bush Administration recently announced it would seek a 12.7% increase in the Financial Crimes Enforcement Network's budget. "FinCEN is on the front lines every day, tracking down those who attempt to use the U.S. and global financial system to plot, fund, and perpetrate acts of terrorism around the world....

DUBLIN, Ohio - The Ohio Credit Union League, together with the Ohio Bankers League and Ohio Attorney General Jim Petro is participating in the multi-state FinCrime Network, an Internet-based alert and database system that helps financial institutions and law enforcement agencies prevent identity theft and financial crime by sharing information...

LATHAM , N.Y. - The New York Credit Union League has offered its member credit unions access to flyers which, it says, will help them retain more of the members validating their debit transactions with their signatures. Signature validated debit transactions still bring more interchange than debit transactions involving a...

ONTARIO, Calif. - CO-OP Network, the nation's largest credit union owned fee-free ATM network posted its 11th consecutive year of increased transaction volume last year, the organization said, hitting 826 million transactions in 2003. "Our unprecedented growth, particularly in the South and Midwest, has been a catalyst for our continued...

WASHINGTON-American Share Insurance is making a second effort to educate its members on the disclosure requirements of the Federal Deposit Insurance Corporation Improvement Act of 1991. On Monday, Jan. 26, ASI is providing an overview of the FDICIA disclosure requirements to privately insured credit unions in Boise, Idaho. The law...

MADISON, Wis. - Due to its move into China, CUNA Mutual Group has announced some leadership changes. Lon Sprecher, formerly SVP of the company's International Division will succeed Jim Greaney as chief officer of the Credit Union Protection and Employee Solution Groups. Greaney will become general manager of China Operations...

ALEXANDRIA, Va.- Alicia R. Castaneda was recently named to take over the seat on the Federal Housing Finance Board occupied by J. Timothy O'Neill. With O'Neill's departure, he is now free to join the NCUA Board, if the president decides to nominate him. His name has been floated as a...

WASHINGTON-Though President George W. Bush did not specifically mention credit unions in his State of the Union speech Jan. 20, NCUA Vice Chair JoAnn Johnson felt that his discussion of the economy and job growth could be applied to credit unions. She stated that the president gave a "forward-looking message"...