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While most CEOs look forward to calling it quits on Fridays for a quiet evening at home or a leisurely jaunt on the town, Robert Harvey is preparing himself for an all-night patrol of notorious gang hangouts for drug deals and other illegal offenses. For the past 10 years, Harvey,...

WEST PALM BEACH, Fla. - As more credit unions swap suits for a shirt and a pair of Dockers, will business casual attire become the new standard? According to experts it depends on many factors ranging from the credit union's culture to the employee and member demographics.According to a Society...

London, UK - The Financial Services Authority (FSA), the regulatory body for United Kingdom credit unions, said CUs will not have to conduct a special review of their members' identities. This does not exempt credit unions from establishing and maintaining "effective systems and controls for countering the risk that their...

WASHINGTON- In this time of charter swapping, CUNA's Governmental Affairs Committee has demonstrated CUNA's commitment to a strong dual chartering system by approving an unequivocal policy statement on the issue recently. The statement reads, "When faced with preemption issues, CUNA's Governmental Affairs Committee should take every opportunity to improve and...

When Hawaii Credit Union League President Dennis Tanimoto stopped by a friend's shop to pick up a Mont Blanc pen 20 years ago he had no idea that it would be the beginning of the hobby of a lifetime. "I needed to get ink for the pen so I stopped...

WASHINGTON - Navigating through the murky waters of a recession, credit unions have managed to steer their loan-to-share proportions to record levels and keep a softly-cushioned capital-to-assets ratio near 11%. The question of how much capital is enough, too much or at a level to keep regulators at bay has...

PORTLAND, Ore. - In terms of assets, the potential merger of Portland Teachers CU and Oregon Community CU would barely cause a blip on the radar screen of bank mergers, but for the credit union industry this is as big as they come. With Portland Teachers having approximately $1.5 billion...

There comes a time when growing organizations decide to change their names because the existing one no longer accurately describes who they are and what they do. Credit unions, for example, are currently going through this exercise in record numbers as their fields of membership undergo drastic change. A well-known...