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Looking back nine years ago finds California credit unions unhappy with the California Franchise Tax Board ruling that state-chartered credit unions must pay the equivalent of a 7% gross income tax retroactive to 1988. However, California League Senior Vice President Laura Porter urged credit unions not to overreact. "I think...

UTICA, Mich. - Little-known InetSolution, Inc., recently completed a Symitar middleware piece for its CU MemberProtect security solution. InetSolution is an IT development firm focused solely on the CU market. "Credit unions are our vertical. Primarily we partner with the more progressive credit unions that have a strong emphasis on...

MONTPELIER, Vt. - Several local banks and one credit union here have been charged with not doing enough to accommodate the visually impaired with their usage of automated teller machines, according to a complaint filed with the state's Human Rights Commission. The complaint charges Chittenden Bank, Howard Bank, Northfield Savings...

CHATSWORTH, Calif. - The U.S. economy may be going through a soft spell, but don't tell that to the 50 credit union partners who participate in Telesis Partnership Inc.'s (TPI) commercial real estate, business loan and participation lending services. TPI, a wholly-owned CUSO of Telesis Community Credit Union, funded more...

MADISON, Wis. - Wayne Bunker, CCUE, CCE, president/CEO, Commonwealth CU, San Jose, Calif. was named chairman of the Credit Union Executive Society (CUES) at the organization's annual business meeting held Nov. 5 at CUES' CEO network 2001 in Las Vegas, Nev. In addition, the following other board members were named...

The NCUSIF and NCUA were the subjects of Bucky Sebastian's (CU Times, Oct. 24)comments. I understand the frustration, but I am confused at this being a state's rights issue. As far as I am concerned the right that the states have is to form their own share insurance company and...

WASHINGTON-The Office of the Comptroller of the Currency (OCC) issued guidance on managing the risks that arise when national banks have business relationships with third parties. The issue has jumped to the forefront after evidence of money laundering and other crimes were committed in financing the terrorist attacks of September...

SACRAMENTO, Calif. - Sometime the old adage "more money, more problems" does not always ring true. For The Golden 1 Credit Union, a $30 million windfall from the sale of its STAR ATM Network stock presented an opportunity to reward members. "We felt an obligation to return it to members,...