Search Results

SAN ANTONIO - IT security consultant Digital Defense is partnering with security technology provider Simpler-Webb to offer what they call a "comprehensive solution to the network security issues facing credit unions." San Antonio-based Digital Defense provides vulnerability assessments and consulting to more than 180 credit unions, while Austin, Texas-based Simpler-Webb's...

WASHINGTON-Financial Crimes Enforcement Network Director James F. Sloan recently announced that he will be leaving the agency. Sloan has accepted the position of assistant commandant for intelligence at the United States Coast Guard beginning Nov. 17. He has served as the director of FinCEN, a bureau of the Treasury Department,...

ABERDEEN, Md. - Aberdeen Proving Ground Federal Credit Union (APGFCU) is stepping up its education efforts by creating a new Education Department. APGFCU could be leading the way in what may be a new credit union trend. According to a recent survey by Callahan and Associates, 60% of credit unions...

WASHINGTON - The House Subcommittee on Housing and Community Opportunity and the Subcommittee on Financial Institutions and Consumer Credit will hold a joint hearing Nov. 5 on "Protecting Homeowners: Preventing Abusive Lending While Preserving Access to Credit." A spokesperson for the House Financial Services Committee said the hearing, which was...

Credit Union Central Falls, R.I., has promoted Kathleen A. Antonelli to assistant vice president of internet banking; James P Carney to assistant vice president of human resources; Tricia Cross to assistant vice president of branch administration; Cynthia A Johnson to assistant vice president of operations/support; Monique Rioux to assistant vice...

WASHINGTON-President George W. Bush signed the credit union-backed Check 21 Act (H.R. 1474) into law last week. A signing ceremony, which is closed to the general press, took place last Tuesday afternoon (see picture). The bill will allow credit unions to truncate share drafts, sending them electronically, earlier in the...

THE WOODLANDS, Texas - A retirement crisis appears to be looming as credit union CEOs grow frustrated over increased regulations governing pensions and 401(k) plans that may restrict their retirement needs. This, from the Supplement Executive Retirement Programs (SERP) survey done by D. Hilton Associates, Inc. that highlights retirement funding...

PURCHASE, N.Y. - MasterCard International announced that 50 financial institutions now issue its business debit card. The number of debit MasterCard Business Card issuers has increased 21% through the first half of 2003 compared to the previous year, card count and purchase volume have risen 61% respectively, and purchase transactions...