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The issue of notification has come up in the context of private share insurance, but really it has to do with any share insurance. What is appropriate? Should members be notified once their account exceeds the insured limit? Should they be notified repeatedly if their account stays over the limit?...

SALT LAKE CITY - Attorneys for NCUA and industry trade groups began plotting their legal strategy this week on exactly how they might respond to an American Bankers Association suit here challenging "local community" definitions on field of membership rules for three Utah credit unions. For its part, NCUA said...

MADISON, Wis. - Despite the impression left sometimes by the trade press headlines, CUNA Mutual reports that fewer credit unions were robbed in 2002 than in 2001. Data on robberies committed in 2003 will not be available until later in the year. The insurance company, based in Madison, Wisconsin, asserts...

When Volunteer Corporate Credit Union President/CEO Bruce Fahnestock's loveable Labrador died he knew he wanted another dog in his life. A chance visit to Happy Tails Rescue is when he set his eyes on "the friendliest and one of the homeliest looking dogs." Fahnestock found out that this dog has...

CHATSWORTH, Calif. - From the very beginning, Telesis Community Credit Union intended its wholly-owned member business lending CUSO, Telesis Partnerships, LLC, founded five years ago would become a national CUSO. Now that it has become one, CUSO experts say it's indicative of what's happening on the CUSO scene. In June,...

RALEIGH, N.C. - If he weren't CEO of Coastal Federal Credit Union, what career would Larry Wilson want to pursue? Wilson pauses before he answers. After all, he's headed CFCU for 29 years and has been very happy doing that. But maybe, well, "I think I would have liked to...

NEW YORK - Harlem-based Homesteader FCU is the first credit union in the Empire State to team up with New York City's Department of Housing Preservation and Development (HPD) and its Division of Anti-Abandonment (DAA) to help property owners with significant tax arrears keep their buildings by providing financing and...

As children, many of us had to pay for the misdeeds of our siblings. For example, if they stayed out too late, we inherited a strict curfew. Now, as the President of Nevada FCU, I see itsomething very similar happening with credit unions. Prompt Corrective Action (PCA) and its capital...