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Premier Systems, Inc., an online data processing provider, has named Ken Adrian project development manager and Jim Brommel product trainer. In addition, Holly Karns and Chris Wedmore have been named client response center representatives. Irwin Mortgage Corporation, has named Ike Barnes Duke University Federal Credit Union mortgage loan officer. TNB...

WASHINGTON - The Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), and the Securities and Exchange Commission have jointly issued a proposed regulation that would require broker-dealers to do more to verify the identities of those opening accounts. The agencies are seeking to implement section 326 of...

MADISON, Wis. - CUNA Mutual Group and others expect to hear back from the Office of Thrift Supervision sometime this week for comments on the application that was submitted on July 3 to start a credit union-owned nationally chartered trust company. At a MEMBERS Development Corp., LLC meeting in Chicago...

ALEXANDRIA, Va.-Four more credit unions converted from federally insured state charters to federally chartered credit unions in the month of June, according to NCUA's most recent Summary of Delegated Actions. Three had made the switch in May with one converting from federal to federally insured state charter. No credit unions...

SCOTTSDALE, Ariz.-Motorola Employees Credit Union-West, long a leader among single sponsor CUs, is planning to end its formal ties with its parent, change its name and plans to pursue an expanded field of membership in 58 Phoenix area zip codes starting next year. The move to separate from the Schaumburg,...

NCUA is hoping some newly created public service announcements will give consumers a little better name recognition with NCUA and the funds it insures. Page 3.

I realize that consistency is not always achievable in an imperfect world, but I was struck by the subject of consecutive columns by Mike Welch. In the July 17, 2002 issue, Mr. Welch, under the headline "Sleeping with the enemy is tough decision," commends NAFCU for joining a group of...

SAN DIEGO - There's still no word from the Securities and Exchange Commission (SEC) on whether the agency will extend the broker-dealer license exemption for CUSOs. But with the ramifications on financial services CUSOs' business models being potentially far reaching, CUSO Financial Services has begun developing strategies to address the...