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TORRANCE, Calif. - Due to some incorrect information provided, Credit Union Times recently reported that Honda FCU would be converting to a state charter to ease its efforts in branching out in Canada - in fact it is creating a separate state chartered credit union. "We want to keep the...

WEST PALM BEACH, Fla. - Identity theft may be hitting a little too close to the workplace. According to the San Diego-based Identity Theft Resource Center, security breaches at work are a common way for identity thieves to gather information. That places human resource departments, where most employee information including...

"We cannot compete with the most liberal of state field of membership laws, nor do we seek to." -NCUA Chairman Dennis Dollar regarding the recently issued proposal to expand federal credit unions field of membership rules. "Playing hardball with members who declare bankruptcy by taking away their access to credit...

Deluxe Financial Services, St. Paul, Minn., Director of Operations Angie Fyfe has been named the Menttium 100 Mentor of the Year. The Menttium 100 program mentors more than 200 women during the year to help them advance their career potential. Fyfe was presented the award in recognition of her dedication...

WASHINGTON - Economists have predicted mortgage rates would start to rise the second half of 2003, but rates on 30-year mortgages already turned up the week of November 25 and that tremor had a ripple effect on the demand for refinancing loans among consumers. Rates on the 30-year mortgage rose...

NEWPORT NEWS, Va. - There's a new shared branching credit union service center in town and NCUA Chairman Dennis Dollar stopped by for a visit. Formed 10 years ago by 50 Virginia-based credit unions, the Credit Union Service Company of Virginia, LLC (CUSCVA) has officially opened its state-of-the-art facility. The...

CARLSBAD, Calif. - XCU Capital Corp. has garnered yet another alliance that will bring estate management services to more than 2.6 million credit union members. The credit union-owned broker/dealer has partnered with Phoenix National Trust, an indirect wholly owned subsidiary of The Phoenix Companies, Inc., to provide such services as...

GLASTONBURY, Conn. - Macroeconomics and core processing don't often share the same sentence, but they come together when Louis Hernandez explains why he thinks his company and industry are having a fairly good year. "While we like to take credit for having great products, the macro trends of our industry...