Four Regulator Members (appointed by NASCUS Chairman Roger Little, director, Credit Union Div., Michigan, who also serves as ex officio for the search committee.) *Chairman Jim Forney, superintendent of Credit Unions, Dept. of Commerce, Credit Union Div., Iowa *Jerrie Lattimore, administrator, Commerce Dept., Credit Union Div., North Carolina *John Smith,...

MADISON, Wis. - A recent CUNA E-Scan's 2003-2004 CEO Total Compensation Survey finds that it pays for CEOs of large credit unions to have written employment contracts or agreements. According to the survey CEOs with such contracts earn higher base salaries and bonus awards. "With 30% of large credit union...

ARLINGTON, Va. - A steadily rising volume of both transactions and cards have helped reduce credit unions' pain from a one-time 33% hit they took in the interchange they receive from their so-called signature debit products. Signature debit transactions are those conducted with a Visa or MasterCard branded card that...

ALEXANDRIA, Va.-While NCUA had opened up its budget setting process, credit union trade associations were still complaining about the openness of the process for setting the overhead transfer rate. But that changed at the November NCUA Board meeting. Attendees got an earful on the process and credit union economists and...