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CARLSBAD, Calif. - After doing business for the past 15 years as a broker/dealer CUSO owned primarily by Xerox FCU, XCU Capital Corp. is about to embark on a new phase in its history. If things go as planned and as XCU Capital President/CEO Mark Allen hopes, Xerox FCU will...

WASHINGTON-Senate Appropriations Committee Chairman Robert Byrd (D-W.V.) announced that he would like to see final action on seven appropriations bills by the end of this week. One of the bills to be considered is the Veterans Administration, Housing and Urban Development, and Independent Agencies (VA-HUD) bill, which includes the borrowing...

Five years ago, credit unions generally assumed a reactive posture toward public policy: we were consumed with business as usual, and engaged our regulators and elected officials only when proposed new laws and rules prevented us from serving our members well. The challenge of addressing and overcoming these obstacles was...

ST. PAUL, Minn. - The $635 million Affinity Plus FCU here is temporarily revising some of its business practices to assist any of its members who are part of a strike affecting state workers. About 30-40% of the CU's 98,000 members are state workers, many who are part of the...

CLEARWATER, Fla.- CSCU and VISA want to send a lucky credit union to the 2002 Winter Olympic Games in Salt Lake City this December. The incentive package, donated by VISA, will be awarded to the CSCU member credit union that has demonstrated the strongest VISA growth in both volume and...

WASHINGTON - As regulators clamp down on suspected bank accounts that may have ties to terrorist groups, a cautious approach has begun to educate consumers about the type of private financial information that can be shared and in those situations where their permission is not required. The Office of Foreign...

Card Systems for Credit Unions, has announced the winners of its 2000 Marketing Awards. Award recipients are honored based on their credit union card program excellence. Credit award winners had the most growth in account base between December 1999 and December 2000, the highest percentage growth in outstandings between December...

WASHINGTON-The two major credit union trade associations are at a crossroads as to how to handle further consideration of the Renaissance Commission results, to be approved by the board October 30. CUNA's Governmental Affairs Committee has amended its Renaissance Commission's Vision Statements to what NAFCU President and CEO Fred Becker...