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HUD Offers Free Grant Writing Training

Peter Westerman | August 30, 2005

WASHINGTON-The Department of Housing and Urban Development is offering free two-day training seminars for grant writing. HUD suggests that faith-based and community organizations learn "The Art and Science of Grant Writing" from those who know it best. The programs show organizations how to be more competitive with federal grant applications,...

Mid-Atlantic Corporate's Bill Pay CUSO Adds Another Corporate Partner

Peter Westerman | August 30, 2005

ST. LOUIS - Missouri Corporate Credit Union is the latest and the eleventh corporate credit union to partner with Mid-Atlantic Corporate's bill pay CUSO. MY CUr Services, LLC will offer its Electronic Bill Payment (EBP) service to Missouri Corporate's member credit unions. Missouri Corporate will market EBP to its member...

CUNA to NCUA: Reign in Examiners Taking Subprime, Indirect Lending Risk Alert Too Far

Peter Westerman | August 30, 2005

ALEXANDRIA, Va.-CUNA is working with NCUA to follow up on allegations that examiners have been out of line in their application of NCUA's June Risk Alert (05-Risk-01) regarding third-party subprime indirect lending and participations. Top officials at the trade group had been working behind the scenes with the agency's higher-ups...

EAST

Peter Westerman | August 30, 2005

DuPont Community Credit Union, Waynesboro, Va., has named Jim Mahoney Member Investment Services (MIS) consultant. 1st Advantage Federal Credit Union, Yorktown, has elected Tom Cameron board director. Citadel Federal Credit Union, Thorndale, Pa., has promoted Tom Cioffi to director of business development and Emanuele Madanat to Eagle branch manager. In...

Fewer CUs Could be a Bad Thing; Or Maybe Not

Peter Westerman | August 30, 2005

The total number of credit unions in the United States stands at 9,171 at the end of June, but that number continues to decline.

Revision of FASB's Loan Participation Proposal Could Benefit CUs

Peter Westerman | August 30, 2005

WASHINGTON -A recent markup of a Financial Accounting Standards Board proposal on how loan participations are treated should be beneficial to credit unions. FASB's proposal details how loan participations should be handled to qualify for accounting treatment as a sale. All along, the CUNA Accounting Task Force expressed concerns with...

President to Nominate Cabrera as Assistant Secretary of HUD

Peter Westerman | August 30, 2005

WASHINGTON - President Bush announced his intention to nominate Orlando Cabrera, Florida Housing's Executive Director, to the position of Assistant Secretary of Housing and Urban Development for Public and Indian Housing. Cabrera has been executive director of Florida Housing since 2003, and he currently serves on the board of the...

EPL Partners with GPG to Offer ASP Version of Collections Software

Peter Westerman | August 30, 2005

BIRMINGHAM, Ala. - Core processor EPL Inc. is now offering its owner-clients the TopNotch collection system from the Guthrie Phillips Group (GPG). The two organizations also have partnered to offer the browser-based solution for the first time as an ASP rather than in-house system, eliminating the cost of server and...

Nesbitt, Co-founder, Ford Sandusky Employees FCU, Dies

Peter Westerman | August 30, 2005

SANDUSKY, Ohio - Joe Nesbitt, a co-founder of Ford Sandusky Employees FCU - now called Erie Community FCU - died Aug. 20 of leukemia. He was 81. Nesbitt served more than 20 years on the board of the credit union from 1969-1978 and from 1988-1999. He was board president from...

EDS Exec Takes Reins of Open Solutions Canada

Peter Westerman | August 30, 2005

GLASTONBURY, Conn. - Open Solutions Inc. has named an EDS executive to be president of its new Open Solutions Canada business unit. Blair Goulet had been senior vice president of strategy and operations for SOLCORP, a financial services software division of Texas-based EDS. He also has held senior sales and...

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HUD Offers Free Grant Writing Training

Mid-Atlantic Corporate's Bill Pay CUSO Adds Another Corporate Partner

CUNA to NCUA: Reign in Examiners Taking Subprime, Indirect Lending Risk Alert Too Far

EAST

Fewer CUs Could be a Bad Thing; Or Maybe Not

Revision of FASB's Loan Participation Proposal Could Benefit CUs

President to Nominate Cabrera as Assistant Secretary of HUD

EPL Partners with GPG to Offer ASP Version of Collections Software

Nesbitt, Co-founder, Ford Sandusky Employees FCU, Dies

EDS Exec Takes Reins of Open Solutions Canada

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