FAIRBORN, Ohio - Wright-Patt Credit Union, Inc. is among the latest credit unions in Ohio to take advantage of new rules that allow charters to serve both select employee groups and "well-defined" communities. The largest credit union in the state, WPCU recently received approval from the Ohio Department of Financial...
WEST PALM BEACH, Fla. - Politicians who backed the idea of a federal income tax rebate argued people would spend the money and help boost the economy. Others have encouraged people to save the money or at least pay down their debts. Based on random calls by Credit Union Times...
ALBUQUERQUE, N.M. - Shared branching may at last be grabbing a toehold in New Mexico with plans under study to set up the state's first facilities "in three to four months." That was the word of the New Mexico Credit Union League which is considering signing up with a service...
BEAVERTON, Ore. - Credit unions in Oregon always designate July as "CULAC Month" and use the event to focus on raising money to benefit the federal political action committee. This past July, CUs in the state surpassed their own expectations. Donations to CULAC topped $15,000 in July. Total donations were...
LAKE BLUFF, Ill. - If the Federal Reserve's annual bank fee study had included credit unions this year, credit unions would have blown the banks away. According to the most recent data from Moebs $ervices, Lake Bluff, Ill., the median fees at CUs are much more consumer-friendly than the median...
NEEDHAM, Mass. - A TowerGroup research report E-Service: A strong second lead for e-insurance finds that many insurers still lack the technology infrastructure to effectively service consumers online. With an estimated 70% of consumers using the Internet to research insurance companies and products, the report indicates this number will only...
WASHINGTON- According to the American Bankers Association (ABA) Deposit Account Fraud Committee, some questionable check publishing software manufacturers are not recommending the proper magnetic ink required to process checks in high-speed equipment often found at banks and retailers, causing hassles for consumers and businesses alike. Improper printing slows down the...
AUSTIN, Texas - After five years of working with the Texas Credit Union Division, Linette Poole, deputy commissioner has left to pursue an advanced degree in accounting. Poole's official last day was Aug. 31. Commissioner Harold Feeney said there are now 26 people working in his office, including 18 examiners....
WASHINGTON - NAFCU has made its regulatory relief wish list known, and it's nothing like CUNA's. In a letter to Acting NCUA Chairman Dennis Dollar, NAFCU President and CEO Fred Becker provided the regulator with a list of reforms the trade association would like to propose for a regulatory relief...
HELENA, Mont. - Tracie Karls doesn't know where the time has gone. Up until six years ago she was living in Oregon and working at various credit unions in the state. For the past six years Karls has been at the Utah League of Credit Unions, working her way up...