Some very strong points that credit unions, especially smaller credit unions, really need to hear were made in the opinion article by Edward Burger of Midwest Loan Services Inc., "Sell the mortgage if you must, but retain the servicing" in the July 4th issue of Credit Union Times. Mr. Burger...
Ellie Mae Inc., a provider of Internet and software solutions for the mortgage industry, has named Dave Hershman vice president of sales and training and Jeff Benjamin director of business development.
ARLINGTON, Va. - CUNA and the credit union movement must make a simultaneous major investment in updating state credit union laws and regulations, as it does for federal credit unions, advises NASCUS. Otherwise state credit union regulators and state-chartered credit unions risk being left with outdated powers and lessened opportunities....
HARRISBURG, Pa. - In a show of support of having the word "acting" removed from Dennis Dollar's title with the NCUA Board, the Pennsylvania Credit Union League has sent letters to its two U.S. senators - Arlen Specter (R) and Rick Santorum (R) - urging Dollar's appointment to chairman of...
WASHINGTON-NAFCU reiterated a few areas of concern regarding the Renaissance Commission recommendations during the most recent meeting of the National Credit Union Legislative and Regulatory Coordinating Council last week. The Coordinating Council was conceived during the H.R. 1151 battle and was scheduled to meet quarterly, but the frequency of meetings...
POUGHKEEPSIE, N.Y. - Hudson Valley Federal Credit Union President/CEO Chuck Cockburn has submitted his resignation effective September 7th. Under Cockburn's leadership for the past six years, the credit union has grown to $1.3 billion in assets. In addition, Cockburn was instrumental in increasing HVFCU's community involvement. Cockburn has accepted a...
DENVER - Using the cooperative approach, Colorado credit unions are moving swiftly to expand their reach into personal trust services by opening a new CUSO-chartered trust company, Members Trust Co. of Denver, slated to open offices by the latter part of October or in November. A major roadblock to chartering...
Robins Federal Credit Union, Warner Robins, Ga., has awarded scholarships totaling $20,000 to five graduating high school seniors. Each year RFCU selects the Most Excellent Senior Team which consists of the five best students based on academic performance, community involvement and extracurricular activities. Team members are each awarded a four-year,...
WEST PALM BEACH, Fla. - When it comes to auto insurance, credit unions may be missing a golden opportunity to help members, according to NACUSO President Bob Dorsa. "Credit unions live and die by car loans, so if the bulk of members are already doing business with credit unions then...
SARASOTA, Fla. - When Sarasota Coastal Credit Union decided to promote a new image it looked to "Survivor" for more than inspiration. The crew from the popular reality television series worked with Indianapolis-based advertising agency Englehart Dicken to film the credit union's new television commercial. "Anytime you work with guys...