Search Results

WASHINGTON-While many banking regulators and lawmakers have applauded most of the proposals from the Federal Deposit Insurance Corporation (FDIC) for its revamping, most have taken a position against doubling the deposit insurance coverage. With such opposition to this aspect, that provision of the reform process is expected to be dropped....

GDANSK, Poland - Two Polish credit unions have responded to help members whose lives have been torn apart by recent flooding. Over 600 people were recently made homeless and five people died when torrential rains caused two rivers in Radunia and Strzy and a number of local streams to overflow....

MIAMI - Tropical Financial CU seems to have pulled off what a number of forward thinking CUs across the country are trying to do - become the place members think of for non-traditional CU investment and insurance products. The CU was honored earlier this year by CUNA Mutual for becoming...

WASHINGTON-A recently-released survey by the Securities Industry Association (SIA) determined that most Americans actually took the time to read the privacy policies from their financial institutions, understood the language, and were satisfied with the policy. Nearly three-quarters (73%) approved of the "opt-out" policy required of financial institutions under the Gramm-Leach-Bliley...

Community First Credit Union, Appleton, Wis., has named Joyce Bayer, vice president of branch operations; Carol Steinberg, Lakeport branch manager; Todd Miller senior business lending officer; and Anne Cutts, mortgage loan originator. In addition, CFCU has promoted Jeff Schweitzer to vice president of facilities/purchasing and Kevin Hartz to assistant vice...

SALT LAKE CITY - Arrogant. Goldenwest President/CEO Shelley Clarke needed only one word to describe her impression of the attitude conveyed by Howard Headlee, president, Utah Bankers Association in his remark quoted in an article that ran in the Aug. 12 edition of the Salt Lake Tribune on women holding...

ALEXANDRIA, Va. - NCUA's mid-year stats show CUs are being inundated with deposits, while lending has slowed considerably - and oh by the way, credit unions are nearing the $500 billion asset milestone. With deposits jumping by 9.7% in the first half of 2001, and loans inching along at just...

WEST PALM BEACH, Fla. - Convenience vs. security. That's the online grudge match CUs are fighting as they try to make their online services as convenient as possible for members, while maintaining a sufficient level of security. One area this battle is most evident is in authenticating members for online...