TUSCALOOSA, Ala. - When Samuel Addy started looking at the economic impact of credit unions in Alabama, one thing impressed him. "I was personally surprised about the size of the membership," Addy says. "They have practically a third of the state's population. Alabama has a population of about 4.5 million....

GLASTONBURY, Conn. - Open Solutions Inc. has won its first Canadian credit union system conversion to its credit union core processing product. Community Savings, based in Red Deer, Alberta, Canada, serves 110,000 members and has $1.8 billion (Canadian) in assets. Open Solutions entered the Canadian market about six months ago...

Last month, the NCUA Board issued a proposal to revise its credit union service organization regulation applicable to a wholly-owned CUSO of a federal credit union The CUSO would not be required to obtain a separate financial statement audit from a certified public accountant as long as the CUSO's statement...

WINSTON-SALEM, N.C. - The exchange of credit union ideas were on the agenda during a recent trip to Suriname by Truliant Federal Credit Union and the North Carolina Credit Union League. Marcus Schaefer, president/CEO of the $983 million Truliant along with John Radebaugh, president/CEO of the North Carolina Credit Union...