MIDWAY, Utah - Reed Data Inc. is adding a Web-based "safety deposit box" to its lineup of electronic document delivery and optical archiving systems. RDI now will be offering the PrivateVault service from EnterVault (www.entervault.com), a federally audited subsidiary of Zions First National Bank formed two years ago as a...

WASHINGTON-If growth rates continue as they are, the total tax revenue lost to banks' Subchapter S election will total $13.5 billion over the next 10 years, according to a recent report by CUNA Economist Mike Schenk. In just seven years, banks' tax savings will outpace credit unions' tax exemption. "Commercial...

ALEXANDRIA, Va.-NCUA Associate General Counsel Sheila Albin wrote in a recent legal opinion letter that credit unions must apply share-secured loans toward the 10% loans-to-one-borrower ceiling. Albin pointed out that the definition of a loan-to-one-borrower prohibits loans that would cause the member to be indebted to the credit union in...

ENDICOTT, N.Y. - Talk about reaching out to the community. Visions Federal Credit Union has produced three foreign language versions of its membership brochure. The brochure has been translated into Bosnian, Russian and Vietnamese and is being made available to local organizations such as the American Civic Association for distribution...