WARNER ROBINS, Ga. - As the Department of Defense prepares for its next round of determining which military bases should be scaled back or completely shut down, Robins Air Force Base recently got solid local financial backing to convince federal officials of its need here. Robins Federal Credit Union pledged...

MADISON, Wis. - With an increase in the number of credit unions outsourcing human resources tasks to organizations that provide such services, CUNA Mutual Group is advising credit unions to proceed with caution should they choose this arrangement, especially in the area of retirement plans. Professional employer organizations or PEOs...

MINNEAPOLIS - NCUA says NWA Federal Credit Union doesn't have to honor Northwest Airlines' request for royalty and licensing fees for trademark usage. In a May 2 letter to officials at NWA Federal Credit Union, NCUA unequivocally reiterates that the credit union has "no authority to pay royalty and licensing...

NEW YORK - As retiring Baby Boomers make complex choices about where to keep their nest-egg assets, fierce competition for a share of retirement savings assets may profoundly alter the market's leaders and the followers, according to a recent study by Conning Research and Consulting, Inc. The study, `Winning the...

WASHINGTON - A bill that would strengthen the Securities and Exchange Commission's enforcement powers and increase its ability to return funds to defrauded investors was recently introduced by House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) and Capital Markets Subcommittee Chairman Richard H. Baker (R-La.) "There are two purposes...

MINNEAPOLIS - Despite Northwest Airlines' May 8 agreement to extend the July 5, 2003 subleases of several properties occupied by NWA Federal Credit Union to March 21, 2004, the credit union is moving forward in its search for other locations. Citing a notice from Northwest, the credit union said the...

MADISON, Wis. - More than one million members at 140 credit unions on the Caribbean island of Puerto Rico now have another choice for growth and income investment products, marking the first time CUNA Mutual Group has marketed such services outside of the United States. CUNA Mutual's International Division through...

ST. LOUIS, Mo. - To thwart would-be robbers who often wear various disguises to conceal their identities, effective May 20, credit unions and banks across the state here will ask consumers to remove hats, hoods, and sunglasses before coming inside their financial institution. The Missouri Credit Union Association (MCUA), Missouri...