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COLORADO SPRINGS, Colo. - Big banks are operating their personal trust business "on remote control," and so Colorado credit unions stand a good chance of carving out new business, according to a Colorado Springs CU executive drawing on experience as a bank president. Charles Emmer, president of the $1.3 billion...

AUSTIN, Texas - Should we or shouldn't we? That was the question University FCU had to answer two years ago concerning whether it should continue ITS indirect auto loan program. For seven years, indirect lending had contributed to the bulk of the CU's auto loan portfolio, but increasing problems with...

OVERLAND PARK, Kansas - Corporate Network Brokerage Services, Inc. recently held its 2001 annual meeting, where outgoing board chairman Dave Preter emphasized that CNBS has turned the corner since its spinoff from U.S. Central to corporate CU ownership. "At the time of the spin-off of CNBS, its shareholders wisely recognized...

WASHINGTON-CUNA wrote a letter to Federal Reserve Consumer and Community Affairs Director Sandra F. Braunstein recommending six credit union representatives to the Fed's Consumer Advisory Council. The council consists of credit union, bank, and thrift representatives from each of the 12 regions of the Federal Reserve System. "All of these...

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INDIANAPOLIS - As another Internet solutions provider popular in the credit union space makes a deal to offer account aggregation to its clients, the question of member interest in the product remains. At press time,VIFI, Indianapolis, has partnered with aggregation firm uMonitor to offer aggregation to its 160 financial clients,...

BIRMINGHAM, Ala. - "Corporate America CU." No, that's not the new name for U.S. Central or for one of the larger corporates with a national presence - it's the new name for Alabama Corporate CU. So just why has this corporate, which for most of its existence has only served...

JAMESBURG, N.J. - The $3.9 billion Empire Corporate FCU's New Jersey item processing site was recently moved from Hightstown to Jamesburg. The new operations site has 9,500 square-feet of space, a training room for member use, and state-of-the-art computer and check processing rooms. The site's floor plan was designed with...