News

COLUMBUS, Ohio - Don't vilify them and don't call them dull. The Association of Credit Union Internal Auditors is doing its part to not only update its image but also show what an integral role today's internal auditors play in a post-Enron environment. Founded by Terry McEachern in 1988 with...

CU Times Staff Reporter WEST PALM BEACH - Here is a secret - size does not matter. Successfully fighting fraud ultimately rests on the shoulders of the employees. "We work really hard on the front end," said Pentagon Federal Credit Union Director of Security Glen McAdams. "While we may develop...

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On pages 16-25 readers will find a comprehensive special report on the dynamic corporate credit union network. Corporates have expanded their product lines in recent years and don't appear to be done yet. The report also features a special directory of the corporate CU network. Turn to pages 22-23 to...

ALBANY, N.Y. - Empire Corporate Federal Credit Union celebrated its 25th anniversary on March 21. On March 21, 1977, NCUA approved Empire Corporate's charter to serve credit unions in the state of New York. From $123 in assets, Empire Corporate has grown to having over $4.4 billion in assets; holds...

From mergers to executive changes, the face of today's corporate network looks much different than just a few years ago. The following "Directory of the Corporate Network" highlights the assets, location, Web address, phone number and CEO of each of the nation's 35 corporates. (Assets are as of year-end 2001)...

WASHINGTON - According to many in the corporate network, the dreaded 2% RUDE (reserves, undivided earnings) ratio as it was originally proposed in NCUA's Part 704 revision proposal will not see the light of day in the final reg. "It looks at this point that the 2% RUDE is going...

WASHINGTON - The Association of Corporate Credit Unions is going to commission a study to look at how corporate credit unions can best serve credit unions in the future. The study will be funded by an independent grant from U.S. Central Credit Union. It will be conducted by an outside...