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WASHINGTON - Roger Little, the Deputy Commissioner for Credit Unions of the Michigan Office of Insurance and Financial Services, wants everyone to know that state-chartered credit unions are every bit as safe and sound as federally-chartered credit unions. Little, who is also vice chairman of NASCUS, came to the March...

FORT WORTH, Texas -State National Companies, a privately held group of insurance companies specializing in credit unions, has named Shirley McFarlane, credit life and disability specialist. Created in response to client requests for more specialty insurance products, McFarlane's position will support the company's latest market expansion efforts for its credit...

NEW YORK - Property and casualty agents can now head online to renew their license. Building on last year's success in online license renewals for life, accident, and individual health insurance agents, New York has expanded the program to include property/casualty agents. The New York Insurance Department hopes that the...

NORWALK, Conn.-In response to the Enron scam, the Financial Accounting Foundation (FAF) is considering streamlining the Financial Accounting Standards Board (FASB) to promote "a strong, transparent, and rigorous system" of accounting standards. The changes have been submitted for public comment for 30 days. "We have a responsibility to investors and...

ST. Paul, Minn.-Minnesota Life Group Insurance has reported a 96% increase in new annual premium for 2001. In addition, the company retained 96% percent of its existing clients. "This is our sixth consecutive year of outstanding sales results," said James E. Johnson, senior vice president, Group Insurance. "While growth rates...

MAX Federal Credit Union, Montgomery, Ala., has elected the following officers to its board: Will Townsend, chairman; Ron Thompson, vice chairman; Barbara T. Starr, treasurer; Sue Jackson, secretary; Thomas E. Ballow Jr., director; Howard J. Bear, director; Jim Solze, director; Kelli Wise, director; and Lloyd Woodman, director.

BOCA RATON, Fla. - Completing its first full year, the Credit Union Service Organization Members Insurance Services, L.L.C. is slowly picking up speed. "Our game plan was to be profitable in less than five years," said Members Insurance Services Board President Barry Hughes. "Now even in a worse case scenario-we...

HOUSTON - Staffers at First Community Credit Union here were a little more addicted to instant messaging each other than they realized. The $250 million CU had been using instant messaging on its internal network for years on a Novell system. When it converted to a Windows NT system that...