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WASHINGTON-CUNA's economics department churned out some positive numbers for November's loans and savings, indicating that the economy is steadier on its feet. "Loans have been strengthening and savings have been softening," CUNA Chief Economist Bill Hampel said. "The net result of this is that for the year-to-date through November, we've...

WASHINGTON-CUNA and NAFCU have both sent letters to Treasury Assistant Secretary for Financial Institutions Wayne Abernathy thanking him for his comments on a risk-based capital system for credit unions during a Consumer Federation of America conference last month. "While risk-based capital may not be the answer for every credit union's...

CLEARWATER, Fla. - MasterCard's recent announcement that, as of May 1, their smaller issuers will have to generate $200,000 in business for the association or possibly drop to a lower level of membership is not likely to impact many small credit union card issuers, according to a spokeswoman for Card...

WOBURN, Mass. - EasCorp has partnered with Charlie Mac to help its member credit unions sell off jumbo mortgages. Charlie Mac, a U.S. Central subsidiary, acts as a secondary market for credit unions interested in selling off auto loans and jumbo mortgages. EasCorp is specifically interested in Charlie Mac's JumboExpress...

Credit unions hold over $144 billion in outstanding auto loans - approximately 39% of the industry's $375 billion loan portfolio While credit unions have had continuing success with used auto loans, new auto loan growth is returning after zero growth in the first half of 2003.

SARASOTA, Fla. - Automobile dealers who regularly access integrated solutions from Reynolds and Reynolds for finance and insurance tools now also can access Member Advantage Service Corp.' core products - Payment Advantage and The Advantage Lease. Reynolds and Reynolds in Dayton, Ohio, recently released its new DMS suite of applications...

LATHAM, N.Y. - CAP COM Financial Services LLC recently ranked sixth in the nation out of more than 350 financial institutions for its mutual fund production during the third quarter of 2003. CAP COM, the wholly-owned subsidiary of $350 million Capital Communications Federal Credit Union, received the high mark from...

MIRIMAR, Fla. - Eastern Financial Florida Credit Union has taken the term "ice-breaker" to a whole new level with its new Hometown Awareness Program. The $1.7 billion credit union has provided staffers with nametags featuring their home state or country. After seeing a variety of retailers using a similar technique,...