News

NEW CASTLE, Del. -DELCU Financial Services, LLC, a CUSO owned by 15 Delaware credit unions and managed by the Delaware Credit Union League, is getting into the title insurance business. DELCU has partnered with Parsippany, New Jersey-based Amerititle Agency Inc. to form Members Title Agency, which will be equipped to...

MADISON, Wis. - Credit unions looking for a competitive edge may want to take another look at their health care benefits. According to the CUNA E-Scan 2003-2004 Credit Union Staff Benefits Survey credit unions with competitive employee health care and benefits packages place themselves in the best position to both...

PHILADELPHIA - If PFCU Services LLC President/CEO Mark Craven had to do it all over again, he wouldn't change one thing in launching the agency. "It was challenging opening our doors after the events of 9/11 and maybe 2002 was not an ideal time, but we've had good solid success...

WASHINGTON-The flow of credit unions converting to mutuals is "alive and well," Office of Thrift Supervision Deputy Director Rick Riccobono told his audience at America's Community Bankers Government Affairs Conference. He told the bankers that they would probably see many smaller credit unions and a few larger ones make the...

WINDSOR, Conn. - LIMRA International and the National Association of Credit Union Service Organizations, have recently formed a marketing alliance. Under the agreement, some 400 NACUSO members will now have access to LIMRA's research and services to better support their insurance marketing initiatives. According to LIMRA International Director of Marketing...

Federal Trade Commission Director of Consumer Protection Howard Beales apprised America's Community Bankers of upcoming issues for the agency that may impact the bankers, including Fair and Accurate Credit Transactions Act rules, CAN SPAM rules, and predatory lending. He also noted that this year, FTC must enforce, probably through regulation,...

ST. PAUL, Minn.- The Securian Financial Group has promoted the following employees: Brian Anderson to second vice president, group case underwriting; Barbara Baumann to second vice president mortgage marketing/ administration; Von Peterson to second vice president group client relationships; Steve Thor second vice president, individual/SFS/securian trust systems; and Bruce Shay...

BLOOMINGTON, Ill. - Credit unions may soon be watching their backs when it comes to financial literacy. State Farm has recently launched Common Cents a financial education Web site that provides fun ways for K-12 students to learn basic principles of financial responsibility and money management. Located in the Kid...