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CUNA Mutual names Gowan chief officer/sales and marketing; its Executive Leadership Team now numbers 10

Peter Westerman | July 23, 2002

MADISON, Wis. - Just a few months after one of CUNA Mutual Group's senior execs announced abruptly that he was leaving the company, CUNA Mutual has found his successor. Wayne Benson resigned back in April as CUNA Mutual's Chief Officer/Sales and Marketing. Benson was often regarded as the No. 2...

Bankers Systems enhances lending solution

Peter Westerman | July 23, 2002

ST. CLOUD, Minn. - Bankers Systems, Inc. (BSI), a provider of compliance resource solutions for financial institutions and their legal counsel, has added an application module to ARTA Lending for credit unions to further support consumer and real estate loans. The ARTA Lending Application Module is the first in a...

CUES Tech Port to change look, feel and management

Peter Westerman | July 23, 2002

MADISON, Wis. - CUES Tech Port, the subscription advisory service, and Terry Treadwell, its co-founder and managing director, are parting ways. Treadwell, working with CUES and with consultants Carl Faulkner, Steve Williams and Terence Roche from Arizona-based M ONE and later Cornerstone Advisors, has seen the subscriber list grow to...

Funds source for low-income projects

Peter Westerman | July 23, 2002

ALEXANDRIA, Va.-NCUA recently issued a Letter to Federal Credit Unions (02-CU-10) notifying credit unions of the availability of $30 million through the Department of Health and Human Services (HHS) specifically aimed at assisting faith-based organizations to provide services to individuals in need. The letter provides information regarding the Compassion Capital...

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`Extraordinary number of catastrophes' push homeowners insurance up

Peter Westerman | July 23, 2002

NEW YORK - After searching for an affordable home and mortgage, the next necessity every homeowner has to look for is homeowners insurance, and based on the findings of a report issued by the Insurance Information Institute, finding affordable homeowners insurance is getting increasingly more difficult. An extraordinary number of...

More CUs opting for ASP-delivered DP

Peter Westerman | July 23, 2002

VALLEY FORGE, Pa. - Credit union data processor USERS says it is seeing a trend of credit unions converting from in-house systems to online systems. In the past, some credit unions said they would always have an in-house system because it gives them more control and functionality. However today's online...

Baretto said CU participation in 7(a) lending is coming

Peter Westerman | July 23, 2002

SEATTLE-Small Business Administration (SBA) Administrator Hector Baretto announced at NAFCU's Annual Conference that credit union participation in the agency's 7(a) lending program is a matter of "not if, but when." While the SBA is still looking for a solution to permitting broader credit union participation in government-backed business lending, Baretto...

North Carolina CU Division re-accredited by NASCUS

Peter Westerman | July 23, 2002

ARLINGTON, Va. - The North Carolina Credit Union Division, after an intensive review by NASCUS' Performance Standards Committee, has been re-accredited as a state credit union supervisory agency. North Carolina was first accredited by NASCUS in 1992 and was the sixth state to do so. It was subsequently re-accredited in...

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Peter Westerman | July 23, 2002

SECURITY Federal Credit Union, Flint, Mich., Human Resources Director Val Cooper has been elected director of the Junior Achievement of Greater Genesee Valley, Inc. board. CEFCU, Peoria, Ill., has named Jennifer Flexer marketing manager and Dianna Hunter cash operations manager for the Normal member center.

Congressional pressure to continue to build on GSEs

Peter Westerman | July 23, 2002

ARLINGTON, Va. - Despite Fannie Mae and Freddie Mac's pledge to begin registering their common stock with the Securities and Exchange Commission (SEC), leading Congressional critics say that they will continue to keep up the pressure, according to published media reports. "It's going to take more than that in substantive...

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