BEDFORD, Mass. - The Assistant Secretary of the Air Force, Financial Management has named Hanscom Federal Credit Union (HFCU) "Best Air Force Credit Union for 2001." This award is given annually to the Air Force credit union that has shown most superior service to the men and women of the...
WASHINGTON - At some point the bottom of the Federal Reserve's rate-cut barrel is going to come along, but it wasn't this month. The Fed cut the fed funds rate by a quarter point, bringing it to 3.5%, the lowest rate for the fed funds in seven years. The cut...
COLUMBIA, S. C. - The Internet has made inexpensive investing available to anyone with a computer and modem, and numerous competitors, new and old, are now vying for the business of increasingly Web-savvy credit union members. Retaining those members, their loyalty, and their assets may be increasingly challenging in such...
ALEXANDRIA, Va.- In a special ceremony for the most recent faith-based credit union in America to take advantage of NCUA's streamlined process to adopt low-income, underserved communities, Acting NCUA Chairman Dennis Dollar will present a federal certificate to Shiloh of Alexandria Federal Credit Union August 31. Shiloh Baptist Church sponsors...
WASHINGTON - Credit unions should not be limited in how they electronically communicate with their members for delivery of online financial services, say CUNA and NAFCU. In comment letters to the Fed, the two trades pounded home this point. Gramm-Leach-Bliley required that the Fed undergo a study and prepare a...
COLORADO SPRINGS, Colo. - The $1.3 billion Ent Federal Credit Union has rolled out ePSCU's bill pay service, EasyToCUPayLink. ePSCU is the Internet division of Payment Systems for Credit Unions, Inc., St. Petersburg, Fla. What's interesting about Ent's move to EasyToCUPayLink, is it is the first credit union to support...
ARVADA, Colo. - Carroll Beach, president of the Colorado Credit Union System and Wyoming Credit Union League announced he will retire June 1, 2002 after more than 29 years with the Colorado Credit Union System and three years as president of the Wyoming league. Beach was hired as president of...