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Consumer Council to Discuss FCRA with Fed Governors

Peter Westerman | June 17, 2003

WASHINGTON-The Federal Reserve Consumer Advisory Council plans to debate Fair Credit Reporting Act preemption issues during its next meeting scheduled for Thursday, June 26. Typically, a couple of Fed governors attend the meeting. Other items on the meeting's agenda include standardizing short-form privacy notices, successful programs to counter predatory lending...

R.C. Robertson Kept Roots at Arizona State Savings & Credit Union While Impacting Movement through CUNA, WOCCU and Filene

Peter Westerman | June 17, 2003

PHOENIX, Ariz. - Most credit unionists would agree that the list of presidents that have served at the helm of their respective credit unions for four or more decades is a short one. For R.C. Robertson, not only did he achieve this milestone, but the Oregon native left his footprints...

Advisory Group Helps Employee Development

Peter Westerman | June 17, 2003

CHAPEL HILL, N.C. - Looking to develop leaders at your credit union? Then consider establishing an internal advisory group. According to a recent Best Practices study, leadership advisory groups emerged as the most effective initiative in attaining desired employee development program results. The study also finds that a mix of...

Consolidation Reshaping Another Part of ATM Industry; Smaller Deployers Can Make Impact

Peter Westerman | June 17, 2003

ARLINGTON, Va. - While change and consolidation have become well-recognized watchwords in ATM and EFT networks over the past few years, similar consolidation pressures have been felt among the nation's independent ATM deployers and are leading to further significant changes in the ATM world. Although independent organizations deploy over 50%...

EAST

Peter Westerman | June 17, 2003

Virginia Credit Union League, Lynchburg, has named Gina Roberts marketing/ financial literacy coordinator. Chartway Federal Credit Union, Virginia Beach, Va., has named Jennifer Cuocco sales manager. Advantage Federal Credit Union, Rochester, N.Y., has appointed Jeffrey Bocach President/CEO. Fort Belvoir Federal Credit Union, Woodbridge, Va., has elected the following officers to...

$1 Billion Status? Just Another Day at the Office for MCU's Porter

Peter Westerman | June 17, 2003

NEW YORK - It didn't take William Porter more than a minute to realize changes were needed at Municipal Credit Union when he became CEO in 1981. As he walked off an elevator and into the hallway outside the credit union's only branch, located in a municipal building, he encountered...

April Economic Data Demonstrates Seasonal Changes in CU Financials

Peter Westerman | June 17, 2003

MADISON, Wis.-April's economic data from CUNA shows the seasonal tendencies of credit union balance sheets. The loan-to-savings ratio was up to 68% in April from 67.4% in March, according to CUNA's monthly estimates. CUNA Economist Mike Schenk told Credit Union Times, even though savings grew a little slower than anticipated...

WFS White Paper Examines Impacts of Check 21 on Financial Institutions

Peter Westerman | June 17, 2003

MOSINEE, Wis. - The payment processing industry as financial institutions have come to know it will be radically altered by the Check Clearing for the 21st Century Act, also known as Check 21. Wausau Financial Systems has examined some of the implications of the legislation in a 29-page white paper...

West Va. Considering Tougher Insurance Fraud Sanctions

Peter Westerman | June 17, 2003

CHARLESTON, W. Va. - Insurance Commissioner Jane Cline hopes that lawmakers here will give her office the power to prosecute on insurance fraud. Although over one-third of the 913 fires investigated by the fire marshal's office in the past nine months were considered fraud related. Cline says her office lacks...

Fed Preparing for New Check Survey

Peter Westerman | June 10, 2003

WASHINGTON - The Federal Reserve Board is making plans to conduct another survey on the volume of paper checks being written annually. The new survey would be a follow-up study to the one released by the Fed in 2002 which was a revised Retail Payments Research Project Report to one...

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Consumer Council to Discuss FCRA with Fed Governors

R.C. Robertson Kept Roots at Arizona State Savings & Credit Union While Impacting Movement through CUNA, WOCCU and Filene

Advisory Group Helps Employee Development

Consolidation Reshaping Another Part of ATM Industry; Smaller Deployers Can Make Impact

EAST

$1 Billion Status? Just Another Day at the Office for MCU's Porter

April Economic Data Demonstrates Seasonal Changes in CU Financials

WFS White Paper Examines Impacts of Check 21 on Financial Institutions

West Va. Considering Tougher Insurance Fraud Sanctions

Fed Preparing for New Check Survey

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