Search Results

MidWest Financial Credit Union, Ann Arbor, Mich., has promoted Lora Bingham to marketing communications director and Erin Hooks to human resources manager. US Federal Credit Union, Burnsville, Minn., has promoted the following employees: Leon Eichten to senior vice president/CFO; David Hutchins to senior vice resident/chief administration officer; Marty Kelly to...

WASHINGTON-Like basketball legend Michael Jordan to Hanes, the representatives sponsoring the Credit Union Regulatory Improvement Act (H.R. 3579) are seeking NCUA's endorsement of the bill. Congressmen Ed Royce (R-Calif.) and Paul Kanjorski (D-Pa.) have written a letter to NCUA Chairman Dennis Dollar requesting NCUA to provide its opinion of H.R....

Riverdale, Utah - Open communication and a close liaison between supervisory committees and internal auditors is practical and can prove productive regardless of the 2002 Sarbanes-Oxley law, according to a top audit executive for America First Federal Credit Union in Riverdale, Utah. Retaining an open dialogue between auditors and the...

WASHINGTON - In the end, the simmering fight between federal anti-trust regulators and two ATM network giants seeking to merge ended not with the bang of a judge's gavel but with the relative quiet of a negotiated settlement. In a deal announced December 15, lawyers for First Data Corporation, Concord...

WASHINGTON-Senate Banking Committee Chairman Richard Shelby (R-Ala.) has been added to the growing list of speakers for CUNA's 2004 Governmental Affairs Conference. Shelby joins the GAC speaker list with Federal Reserve Board Chairman Alan Greenspan and Treasury Secretary John Snow. It will be his first address to the GAC since...

ALEXANDRIA, Va.-Arguably the most important news to come out of NCUA's December Board meeting was that the insurance fund's operating level remains the same. The NCUA Board voted unanimously to maintain the National Credit Union Share Insurance Fund's operating level at 1.3%. Because federally insured credit unions remain well capitalized...

The first issue of Credit Union Times for the year means it is time once again to peer into the crystal ball for my annual credit union industry predictions for the next 12 months. No matter how credit unions are measured, impressive records will be achieved in virtually all significant...

PURCHASE, N.Y. - A week prior to her Dec. 10 resignation at Kraft Foods Federal Credit Union, former president/CEO Holly Herman participated in a spirited Webinar discussion on clearly defining the roles of directors and CEOs through the policy governance model. "We had a lot of leaders and no clear...