Search Results

As part of its new PLUM initiative, the CDFI Fund has also proposed surveying CDCUs and other CDFIs about their activities. The Fund proposed surveying institutions yearly for information on the types and structures of institutions participating and precisely how they are using the funds granted by the CDFI Fund....

LAS VEGAS-Speaking during the 26th Annual National Credit Union Director's Conference, NCUA Chairman Dennis Dollar told a group of credit union volunteers that the NCUA Board was working on strengthening member disclosure requirements when considering a thrift conversion. According to Dollar, "demutualization of many credit unions could occur unwittingly by...

SAN ANTONIO, Texas - San Antonio City Employees Federal Credit Union and the Never Too Late Business and Communications Center have teamed up to launch an airport branch. Travelers and airport personnel will now have access to shipping and copying services, meeting and office space with multimedia and Internet capabilities,...

WASHINGTON - The Treasury Department's Community Development Financial Institution Fund has proposed a new method for measuring the performance of organizations that receive money from the CDFI Fund, including credit unions, but CDCUs and other CDFIs do not expect the new method to change their work significantly. The proposed new...

WASHINGTON- While bankers continue to harp on credit unions' tax advantages, bankers may have some explaining to do on some of their creative methods of reducing their tax burden. The nation's foremost financial newspaper, The Wall Street Journal, put a bright spotlight on some of these practices in a recent...

WASHINGTON - The U.S. Treasury Department today has announced the availability of a new online "Federal Financial Education Resources" directory that will make financial education information more accessible to government entities, community-based organizations, and the general public. The directory, which can be viewed online at www.treas.gov/financialeducation, will offer information on...

CAMBRIDGE, Mass. - One of the biggest of the big boys is dropping its bill presentment service altogether, but to other financial institutions that might be thinking of killing off that half of the electronic bill-paying enterprise, a leading industry analyst says, "Don't go there." "By dropping its bill presentment...

PLANO, Texas - Intense. Creative. Focused. A builder. That's how Gary Base, president/CEO of Community Credit Union, figures other people would describe him. Those adjectives probably fit pretty well with the "Turnaround Specialist" label CUES gave him when naming him the 2002 Credit Union Executive of the Year. Base believes...