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By PAUL GENTILE CU Times Editor WASHINGTON - CUNA Brokerage Services, Inc., (CBSI) the broker/dealer arm of CUNA Mutual Group, was one of two firms issued enforcement actions recently by NASD Regulation, Inc. for practices related to the sale of variable annuity and life insurance contracts. The NASD has been...

DANA POINT, Calif. - The NASCUS Government Relations' alternative Share Insurance Study Group has been given marching orders by the NASCUS Board and the NASCUS Credit Union Council Board to "energize" the association's alternative insurance policy. The group was also directed to include in its considerations the possible advantages and...

PHOENIX, Ariz. - Arizona Federal Credit Union will issue the largest payout to members in its 65-year history - $2 million. "Our members have continued to show strong support of the credit union by their use of our services throughout the year," said AFCU President/CEO Ron Westad. "While we always...

ARVADA, Colo. - The board of the $2 billion SunCorp Corporate CU has declared a bonus dividend. Member CUs will be paid a 6% dividend rate on Membership Shares and a 7% rate on Paid-In Capital for December. "2001 has been a good year for SunCorp. Our recent merger with...

North Island FCU President/CEO Mike Maslak wants members to have a fun, memorable experience when they visit a North Island FCU facility. Read all about it on page 20.

By JIM RUBENSTEIN CU Times Southwest Correspondent WICHITA, Kan. - With an eye toward cutting brick and mortar costs while offering member convenience, three Wichita credit unions have teamed up to open a stand-alone shared branch, a rare fixture in the state. The new facility, located in southwest Wichita, is...

WASHINGTON-According to Federal Election Commission reports, the Credit Union Legislative Action Council of CUNA (CULAC) slowed its outflow of funds to federal candidates for 2002 elections. CULAC only recorded $70,346.65 in disbursements for the month of November, compared with more than $213,000 in October and nearly $112,000 in September in...

DANA POINT, Calif. - After two false starts, the NASCUS 36th Annual Conference & Symposium was finally held at the Marriott Laguna Cliffs Hotel, Dec. 14-18. The original date of the five-day conference overlapped with CUNA's Annual Symposium, so NASCUS pushed the conference back a week to Sept. 15 -...