SALT LAKE CITY - In a new legal challenge to NCUA's field of membership rules, the American Bankers Association, joined by its Utah affiliate and four banks, have sued the agency in a federal court here to overturn what the ABA calls NCUA's "arbitrary and capricious" approval of a six-county...

MADISON, Wis. - The Filene Research Institute, pushing ahead with a pilot program encouraging credit unions to set up non-member check cashing operations, is forecasting 12 to15 of the installations will be running by yearend in five states through League cooperation. The first one in the nationwide pilot, designed to...

BEND, Ore. - William Anderson, president/CEO of Mid Oregon Federal Credit Union, realized three years ago his credit union had to do something to help members cope with a cut in local school budgets. Now in 2003 those reductions have grown draconian with Oregon's school crisis receiving national coverage as...

BOULDER, Colo. - Underscoring a hard-hitting approach to member education, the $600-million U of C Federal Credit Union has hired Atlanta consumer advocate Remar Sutton to do newsletter columns on finance and car buying and to appear in local seminars providing "unbiased" guidance to members on consumer issues. The hiring...

SALT LAKE CITY - Utah bankers may have won the battle in March with the passage of their banker-backed bill that sought to impose a tax on credit unions, but the state has lost nearly $3 million in sales tax and regulatory revenue as a result of the new law,...

MADISON, Wis. - With industry interest heightening on techniques to curb robberies, CUNA Mutual Group has reaffirmed its policy supporting the "no hats-no sunglasses" signage procedure as one means to thwart crime. CUNA Mutual said its Credit Union Protection Division is very familiar with the concept of "no hat, no...

SIOUX FALLS, S.D. - Consolidation of the North and South Dakota Credit Union Leagues, discussed in earnest last summer as an economic move, is still on the drawing boards with future talks between the two trade groups slated for this August. Negotiations remain "confidential," and there is no firm timetable...

ROCKY HILL, Conn. - Nutmeg State Federal Credit Union here is finding product bundling, particularly with free bill payment services, is a charmer in drawing new accounts. "We're doing great with our bill payer program ever since we bundled it with debit, checking, home banking and direct deposit," explained Loren...