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ARLINGTON, Va. - Credit unions contemplating selling their credit card portfolios often face a challenging and unfamiliar process. While they might be assured that their card portfolios are worth something, and may even have received an offer or two out of the blue, they frequently have few means of measuring...

TUKWILA, Wash. - Boeing Employees Credit Union, at $4.5 billion the largest credit union in Washington, will open 30 outlets in Safeway stores in the Puget Sound area, according to IBT, the Atlanta firm that is helping set up the outlets. Each Express Service Center platform is automated and will...

FEDERAL WAY, Wash. - John M. Floyd & Associates was named by CU Association of the West LLC as its strategic provider for JMFA's Overdraft PrivilegeT program. "Overdraft privilege allows credit unions to increase their non-interest income without raising fees or making any capital outlay, by integrating into their existing...

RICHMOND, Va. - The Virginia Tax Commission, charged with studying the state's tax code in preparation for a possible overhaul, has decided to postpone any additional meetings until after Election Day. The announcement was made Sept. 25 by committee co-chairman Del. Harry Parrish (R-Prince William) who according to the Richmond...

ALEXANDRIA, Va.-NCUA has partnered with the Internal Revenue Service to provide grants to low-income credit unions participating in the Volunteer Income Tax Assistance Program 2003-2004. NCUA Chairman Dennis Dollar said the agreement, under the auspices of the agency's Access Across America program, was aimed at encouraging credit unions to consider...

ARLINGTON, Va. - The ongoing relationship between two New York City credit unions and check cashers in the city, after getting off to a somewhat shaky start, has continued to grow. Last week, Actors Federal Credit Union, a $77 million institution located in Manhattan and one of the institutions working...

SHOREVIEW, Minn. - Add check printer Deluxe Corporation to the growing list of companies embracing Consumer-Driven Health Care programs. Deluxe has recently tapped Alexandria, Virginia-based health care provider Lumenos to offer its nearly 6,000 employees a CDHC program. Through the CDHC program an employer makes an annual allocation to each...

Looking back nine years ago finds NCUA reviewing the proposed West Coast mega-merger of Patelco CU, First Technology FCU and Seattle Telco FCU. Patelco President Ed Callahan attributed NCUA's actions, which include gathering input from its legal staff and allowing its six regional directors to comment on the proposal, to...