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GLASGOW, Scotland - Scotwest Credit Union holds 13% of the assets deposited in the 700 credit unions in England, Wales and Scotland. About to mark its 10th anniversary, the credit union has a lot to celebrate. With more than 15,000 members, it is somewhat of a phenomena in the British...

WEST PALM BEACH, Fla. -To sell or not to sell a credit card portfolio-that is the latest question facing more and more credit unions. All sides generally agree that certain factors such as the liquidity crunch credit unions faced toward the end of 2000 and the change in the competitive...

ALBUQUERQUE, N.M. - Even with many favorable signs, the new Democratic leadership in the U.S. Senate presents a climate of some uncertainty for credit unions, particularly on community reinvestment type regulation, according to Peter Crear, CUNA's executive vice president and chief operating officer. Speaking at the annual meeting of the...

SCOTTSDALE, Ariz. - eFunds Corporation announced that EFT giant NYCE Corporation will be a "showcase" customer for eFunds' DataNavigator software, as part of a multi-year contract that eFunds finalized with NYCE in the first quarter 2001. NYCE plans to use the software first for transaction research, and eventually for automated...

DENVER - First Data Corporation, an e-commerce and payment service provider, has acquired majority interest in NYCE Corp., a leading electronic payments organization and the owner of the NYCE electronic funds transfer network. With the 60-65% equity in NYCE Corp., First Data will build on its current debit business. Once...

MADISON, Wis. - CUNA Technology Council's sixth annual Credit Union Technology Summit, will be held from August 15 - 18 in Lake Buena Vista, Florida. Topics covered will include the following: * The Future of ATMs, * E-lending Practices, * Account Aggregation in Credit Unions, * E-marketing Practices, * Security...

SEATTLE - Credit unions that are interested in knowing how the actual performance detail of their CU operation stacks up against other credit unions in their size category can obtain a Peer Group Analysis report on Ward-Smith & Company's Web site, www.ward-smith.com/hpcus/hpCUs2000.tpl. All the information is based on a "per-member"...

Once again, a brilliant, inspiring column by publisher Mike Welch, this time on some of his "pet peeves." At our credit union, I had deliberately sanctioned for internal use only the term customers. Mike's column inspired me to reverse my position with my entire staff! Here's how I told them...