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MADISON, Wis. - The National Credit Union Foundation's request to become a housing counseling intermediary has been approved by the U.S. Department of Housing and Urban Development (HUD). The designation makes NCUF eligible to apply for housing counseling grant funds from HUD. NCUF is pursuing HUD funds as part of...

ALEXANDRIA, Va. - This isn't your father's regulator. In an innovative step, NCUA is exploring the use of virtual learning to educate its examiners. On Dec. 3 NCUA started a three-month pilot with e-learning firm VCampus Corporation (www.vcampus.com), Reston, Va. According to VCampus Director of Online Instructor Services Valerie Watson...

WEST PALM BEACH, Fla. - Insurance companies continue to expand their banking operations in 2002. As the lines between insurers, financial institutions and securities firms become more blurred, many insurance companies are taking full advantage of the 1999 federal reform of financial service regulations by offering consumer-banking services. Wanting to...

WASHINGTON - The big just keep getting bigger in the credit union industry. As of year-end 2001 the nation's top 100 CUs accounted for approximately $154 billion, or about 30% of the industry's total assets. The $154 billion is up from last year's year-end number, when this group had $130...

TAMPA, Fla. - GTE Federal Credit Union is now a member of the ever-growing billion-dollar credit union club. This month, for the first time in its 67-year history, GTE FCU has reached the $1 billion in assets mark. To celebrate GTE FCU is holding a "Billion Dollar Celebration" that will...

WINDSOR, Conn. - Individual life insurance sales in 2001 fell in the face of an unstable stock market and an uncertain estate tax, despite a slight surge in the fourth quarter that was possibly prompted by the terrorist attack of Sept. 11, according to LIMRA International, a provider of research,...

COLUMBIA, S.C. - Forget the Minuteman, Colonial Life & Accident Insurance Co. has rolled out a new name and brand earlier this year, Colonial Supplemental Insurance. According to Colonial Supplemental Insurance, the new name is shorter, professional, and stays true to its product category. The new brand swaps the longtime...

WASHINGTON - The recently highlighted problem of military members charging inappropriately to credit cards does not impact credit unions that primarily serve military members, according to the Defense Credit Union Council (DCUC). No credit unions participate in the DOD's Travel Card or Purchase Card programs, said Roland "Arty" Arteaga, president...