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HAMPDEN, Maine - John Reed, president/CEO of Maine Savings FCU, formerly Barco FCU, said he wants instant recognition among consumers that Maine Savings is a financial institution, whether they put together the fact that it's a credit union isn't that important. On Sept. 24 the credit union officially changed its...

CARMEL, Ind. and DALLAS - Allied Solutions, LLC, a provider of financial products to credit unions, has acquired San Francisco-based Program Marketing, Inc. Focused primarily on almost 100 credit union clients in Northern California, Oregon, Washington and Nevada, Program Marketing has been in business for more than 22 years. As...

INDIANAPOLIS - IA Systems and re:Member Data Services, Inc. have partnered to create an XML interface for re:Member Data's cuStar core data processing software to IA Systems' StreamLend loan origination product. It is currently in beta testing at Warrick Federal Credit Union in Newburgh, Indiana. StreamLend is a paperless loan...

US Airways Federal Credit Union, Moon Township, Pa., has awarded four students with the 2001 Ralph B. Canterbury Scholarship. Applicants were judged based on a number of criteria including academic performance; community activities/involvement; a statement of personal goals and an essay on "What is a credit union anyway?" This year's...

TUKWILA, Wash. - Gary Oakland, president/CEO, Boeing Employees' Credit Union confirmed he received a letter from NCUA's Becky Baker acknowledging the agency's receipt of BECU's petition filed with NCUA for overhead transfer rate rulemaking. According to Oakland, NCUA's letter dated September 27, said the agency was studying Boeing's request and...

WASHINGTON-President George W. Bush issued a new Executive Order aimed at freezing the assets of a number of known terrorists. Financial institutions have been directed to block the assets of those on Treasury's `Specially Designated Nationals' (SDN) list compiled by the Office of Foreign Asset Control (OFAC) and immediately contact...

MADISON, Wis. - How many people have the satisfaction of knowing when they leave a position or company they worked with for for many years that they were responsible for helping the organization make more than $7.7 million in grants? When Pat Brownell leaves the National Credit Union Foundation executive...

AUGUSTA, Maine - Despite stereotypes to the contrary, internal auditors do not take pleasure in finding violations at their credit unions. "Probably one of the common misconceptions about internal auditors is that we are just looking for what is being done incorrectly," said Maine State Employees' Credit Union Internal Auditor...