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WASHINGTON-According to data recently collected by CUNA, credit unions are taking over an increasing portion of the financial institutions market share. Of federally insured financial institutions, banks still hold the vast majority of the market with 78.9%. Thrifts represent a distant second with 15.5% of the market. Credit unions, while...

PALM DESERT, Calif. - Geoff Bacino, the newest appointee to the board of the National Credit Union Administration, is promising credit union officials a hands-off approach when it comes to how they run their financial institutions. "One question I've been asked more than anything else is, `What's your vision of...

Credit unions are looking for ways to increase their membership while retaining current members. They are carefully reviewing all delivery channels available to them, whether it is the Internet, ATMs, Voice Response Units, existing branch facilities or the possibility of opening new locations. In order to accomplish these objectives, credit...

WASHINGTON-NAFCU President and CEO Fred Becker has been elected to a one-year term on the National Cooperative Business Association (NCBA) board of directors at its recent annual meeting. "I'm proud to be elected to a leadership position at the National Cooperative Business Association," Becker said. "I will be representing the...

OLYMPIA, Wash. - Five months after it began the rulemaking process, the state Division of Credit Unions has finalized its rule increasing the rate of assessments and fees paid to the division by credit unions. The rule takes effect on June 23, 2001. It provides for three successive increases between...

ARLINGTON and FORT WORTH, Texas - When the spring sky darkens with boiling thunderheads, the wind picks up and lightning flashes across the horizon, the weather merits more than casual regard by the staffs of three Texas credit unions who remember the tornadoes that hit their offices March 28, 2000....

Exclusive coverage of The World Council of Credit Unions' 2001 International Conference and Annual General Meeting held in Ireland recently is found on pages 20-21. Credit Union Times' Overseas Correspondent Donna Lane Nelson was on-hand in Ireland to cover the event.

In a recent column (CU Times, May 2), publisher Mike Welch invited further explanation of the reasons and purposes behind Credit Union House. I'd like to take Mike up on that invitation and explain a little more about Credit Union House, where it came from, what it is and will...