ALEXANDRIA, Va. - Former NCUA Executive Director Karl Hoyle's wrongful termination lawsuit against NCUA appears to be over. NCUA announced today that the U.S. Supreme Court has dismissed Hoyle's petition for certiorari. On April 25 of this year the Court of Appeals for the Fourth Circuit upheld the decision of...
DENVER - Whether it's more convenient and cheaper to offer trust services through established firms or to share resources through a new cooperative network became the key question at a brainstorming meeting here between a number of interested players. More than a dozen representatives from trust entities, credit unions, credit...
SAN ANTONIO - According to Digital Defense's latest "CU Secure Network Security" newsletter, IT managers shouldn't trust intrusion detection on its own to keep the credit union impervious to hack attacks. Intrusion detection systems can not stand by themselves as and impenetrable security layer, however when they are deployed along...
WASHINGTON-House Financial Services Chairman Michael G. Oxley (R-Ohio), Vice Chairwoman Marge Roukema (R-N.J.), and Oversight and Investigations Subcommittee Chairwoman Sue Kelly (R-N.Y.) revealed a government loophole that makes identity theft easier, and they want the Social Security Administration (SSA) to do something about it. The most vulnerable identities are those...
This box shows just how important the ATM channel is for PSECU member deposits. If that diminishes due to financials dropping out of the deposit-taking program, the CU could have a coverage program. That's what UPost@Home was designed to combat. 1. ACH/Direct Deposit- $3.1 billion annually 2. ATMs- $1.6 billion...
KENTWOOD, Mich. - Credit union CEOs and CFOs have large think tanks such as Member Development Corporation, Member's Gateway and The Trust for Credit Unions where they can discuss current topics solutions and new initiatives. Now Wesco is inviting CEOs of the more than 50 credit unions that own the...
OCTOBER OCTOBER 22-24 CUNA & Affiliates CU Finance for Non-Financials Institute-Part 3, Tradewinds Island Grand Resort, 727-367-6461, St. Pete Beach, Fla. For info: Deb Verdecchia, 800-356-9655, ext. 4249. OCTOBER 25-27 Kentucky CU League's Annual Meeting, JR's Executive Inn, Paducah, Ky. For info: Gail Pickett, 502-459-8023. NOVEMBER NOVEMBER 3-7 CUNA Councils...
AUGUSTA, Ga. - In this Southern town known for hosting golf tournaments and as the birthplace of soulster James Brown, some credit unions are merging to keep pace with competition and to stay alive. Augusta Industrial Federal Credit Union and Metro One Federal Credit Union officially completed its merger on...
PHOENIX. - In a break from negative economic news in the business press, Desert Schools FCU has managed to win some favorable media attention for what the CU considers its exceptional loan growth over the last year, much of it coming from mortgages and home equity. In front page articles...