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First Entertainment CU's New Branch Like a Page Out of Hollywood

Peter Westerman | February 11, 2003

HOLLYWOOD, Calif. - Don't expect to see Arnold Schwarzennegger and Maria Shriver driving up in their Hummer to make a deposit. And you won't find Winona Ryder standing at the counter waiting to make a withdrawal. Or Tom Cruise applying for a credit card. Or Meg Ryan seeking a low-interest...

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CUSO Branding: Should Service Organization Name or CU's Services be Emphasized?

Peter Westerman | February 11, 2003

GREENWOOD VILLAGE, Colo - Ask a member who uses a CUSO service the name of the CUSO, and the likelihood is they won't be able to tell you or even know the product isn't coming to them direct from their credit union. Should they be able to? NACUSO Director Tom...

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Actors FCU Taking on Manhattan by ATM Storm

Peter Westerman | February 11, 2003

NEW YORK -Actors Federal Credit Union is leaving its mark on the city that never sleeps - with ATMs. What started in 1999 with just two ATMs has grown exponentially, and the $72 million credit union now boasts 100 ATMs making it a contender in a market dominated by banking...

FFIEC Unveils Data Security Handbook

Peter Westerman | February 11, 2003

WASHINGTON-The Federal Financial Institutions Examination Council issued a revised information security handbook for examiners and financial institutions to help hone in on security risks and evaluate controls. The Information Security Booklet describes how banks, thrifts, and credit unions should protect and secure their information processing and maintenance systems and facilities....

The Golden 1 CU to Offer Long Term Care Coverage

Peter Westerman | February 11, 2003

SACRAMENTO, Calif. - With statistics revealing that 50% of all Americans will need long term care, The Golden 1 Credit Union has struck a deal with Progeny Marketing Innovations' subsidiary Long Term Preferred Care to offer members LTC insurance. According to The Golden 1 CU Senior Vice President Scott Jenner,...

NACUSO Working on CUSO Peer-to-Peer Analysis

Peter Westerman | February 11, 2003

NEWPORT BEACH, Calif. - NACUSO is in the process of laying the foundation to publish a CUSO Peer-to-Peer analysis that would provide credit unions with a tool to compare their CUSO operations with similar types. NACUSO Director Tom Davis, president of Davis & Company, a management consulting firm that specializes...

NCUA Receives Nearly 500 Comments on FOM Amendments, Most in Favor

Peter Westerman | February 11, 2003

ALEXANDRIA, Va.-NCUA received 493 comment letters on its field of membership proposal by its deadline last week, mostly in favor of the proposals, but many banks and their trade groups threw in their two-cents as well. As was predictable, the credit union trade associations generally supported the revisions the NCUA...

Wisconsin Banks, Credit Unions Spar over Loan Participation Rule Change

Peter Westerman | February 11, 2003

MADISON, Wis. - A plan to allow Wisconsin credit unions broader powers to participate in bank-originated loans is being opposed by the state's bankers. The change to rule DFI-CU70 would allow Wisconsin state-chartered credit unions to engage in loan participation contracts with one or more credit unions or other financial...

NAFCU Seeks Stronger NCUA Statement on Preemption

Peter Westerman | February 11, 2003

ARLINGTON, Va. - NAFCU has sent a letter to NCUA recommending the agency strengthen its regulations in regards to federal preemption of state laws mandating credit card disclosures. Last year NAFCU joined a coalition of national banking groups, card issuers and CUNA to fight a California law that mandated credit...

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Peter Westerman | February 11, 2003

Employees Own Federal Credit Union, Defiance, Ohio, has changed its name to Midwest Community Federal Credit Union. Medical Centers Federal Credit Union, Los Angeles, Calif., has changed its name to Focus One Community Credit Union. NW Federal Credit Union, Seattle Wash., has changed its name to Verity Credit Union. 1st...

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First Entertainment CU's New Branch Like a Page Out of Hollywood

CUSO Branding: Should Service Organization Name or CU's Services be Emphasized?

Actors FCU Taking on Manhattan by ATM Storm

FFIEC Unveils Data Security Handbook

The Golden 1 CU to Offer Long Term Care Coverage

NACUSO Working on CUSO Peer-to-Peer Analysis

NCUA Receives Nearly 500 Comments on FOM Amendments, Most in Favor

Wisconsin Banks, Credit Unions Spar over Loan Participation Rule Change

NAFCU Seeks Stronger NCUA Statement on Preemption

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