MADISON, Wis. - With 97 representatives from the World Council of Credit Unions dispatched around the globe working on a number of international development projects, all are safe and missions will go on despite the downturn in foreign travel as the Iraqi war continues. This according to WOCCU officials who...

ALEXANDRIA, Va. - A few years ago during a board of directors elections, officials at State Department Federal Credit Union wondered out loud how convenient it would be if members could vote by telephone or through the Internet. An NCUA statute didn't allow for such alternative voting until 1999. After...

SAN DIEGO - For the first time since the company's launch in 1996, CUSO Financial Services, LP's profitability resulted in a pay out of $500,000 in profit distributions to its 19 limited partners and reaching a $1 million profit goal. CFS, a credit union investment advisor and broker dealer, finished...

WASHINGTON - Nearly one in three transactions in front-end load mutual funds that appeared eligible for a breakpoint discount did not receive one, based on the results of a three-month examination sweep of selected broker-dealers. The March 11 report, issued jointly by the Securities and Exchange Commission, NASD and the...

AUSTIN, Texas - Nearly a year after portions of a $13.8 million sum in receivership from defunct Members Mutual Insurance Co. went out to former policy holders, officials say they're having trouble finding at least half of the 66,000 persons due checks, most of them being credit union members. The...

MADISON, Wis. - While the decisions consumers make in choosing where to obtain checking services are based most often on convenience, followed by low fees and minimum balance requirements, credit unions should not ignore tailoring marketing strategies for cross-generational and ethnic groups. This, according to a recent study by the...

MEXICO CITY - Despite the several credit union systems in place here, some operate on the fly and are often unlicensed and unregulated, and with the latest move by regulatory officials to liquidate nearly 200 institutions, even more are slated to shut down. The National Banking and Securities Commission (CNBV)...

PHILADELPHIA - Do 25-30 million Americans represent a market segment for credit unions? This is the number of Americans that use check cashing outlets, according to a Filene Research Institute study that shows that the average check cashier has a steady income, tends to be non-white and under the age...