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ANN ARBOR, Mich. - The lending climate for all lenders is less favorable than it was two years ago, but the "Nonprime Mortgage Report Best Places to Lend" for nonprime mortgage equity continue to be concentrated in the Southwest, according to a study by University Financial Associates, publisher of the...

SOUTHFIELD, Mich. - Service Centers Corporation President/CEO Dan Balagna has revealed that 2001 is a record growth year, with transaction volumes expected to reach 93 million by yearend-a 30% increase. "This is an exciting time for SCC," said Balagna. "The investments we have made in our shared branching and EFT...

TROY, Mich. - Doeren Mayhew, one of the leading providers of audit and consulting services to credit unions, has entered into a joint venture with Management Recruiters of North Oakland County to provide recruiting expertise to credit unions. MRNOC is a network affiliate of Management Recruiters International (MRI) which specializes...

SAN DIMAS, Calif. -WesCorp recently hosted two executives from Mexico who are key players in PHANAL. PAHNAL (Patronato del Ahorro Nacional) is the Mexican Trust for National Savings and is involved with implementing the new Mexican banking law signed by Mexican President Vicente Fox in April of this year, part...

REDWOOD SHORES, Calif. - When Ludelle "Lu" Morrow started as the manager of Provident Central Credit Union in 1958, it boasted one employee, $300,000 in assets and 2,300 members. This year, as president and chief executive officer of the credit union, Morrow has watched as the financial institution achieved the...

GURNEE, Ill. - The technology gods weren't smiling on Community Trust CU this past Veteran's Day weekend. What happened is something IT hardware professionals everywhere will say is extremely rare. The CU's server, which runs its in-house core processing solution, simply wouldn't start up. "We were rebooting our server on...

ATLANTA-CRI has launched a new training program designed to educate credit union employees in four skill sets: understanding products, cross-servicing skills, communication skills, and leadership/motivation tools. "Today's credit union members increasingly expect their lenders to act as advisors and help them make informed choices, but most credit unions lack the...

OLYMPIA, Wash. - Monumental. Revolutionary. These are the words one Washington League official is using to describe the changes the state regulator is planning to put in front of credit unions that will radically alter the way state-chartered credit unions expand their field-of-membership. What Parker Cann, director of the Division...