Search Results

WASHINGTON-Consumer Federation of America (CFA) Executive Director Stephen Brobeck cheered CUNA's work in the Renaissance Commission in a recent letter to the credit union trade association. He wrote that CFA was "particularly pleased" with the specific statement of credit unions' cooperative, non-profit nature and their dedication to serving those of...

WASHINGTON - Hundreds of credit unions, banks and individual investors may have been bilked out of millions of dollars after purchasing what they thought were bank-issued, federally-insured certificates of deposit, according to the Securities and Exchange Commission. The SEC filed a civil lawsuit in federal court in Philadelphia on Oct....

STAMFORD, Conn. - Stamford Credit Union, formerly known as Stamford Municipal Employees FCU, received its state charter certificate from State Banking Commissioner October 23. This makes the second time the $36 million credit union has had a state charter. It was originally chartered as a SCCU in 1953 and converted...

All involved seem pleased with proposed amendment to update Missouri's CUSO rule. See story page 14.

In the wake of the current economic slowdown and disturbing international affairs, pessimism abounds in the business world. That attitude is spreading among some credit union leaders. As businesses become cautious during this time of turmoil, they tend to reduce capital expenditures, lay off people, and postpone expansions. They prefer...

NONE

JERSEY CITY HEIGHTS, N.J. - From New York to New Jersey ....and back again? As the board of XCEL FCU convenes for its monthly board meeting on Oct. 30, the issue of where to build new facilities will be front and center. One pressing question will be whether they should...

WASHINGTON - The National Cooperative Business Association and CUNA will jointly market the .coop Internet domain name to U.S. CUs. Only cooperatives can reserve the .coop domain, which is one of seven new domain names approved by the Internet Corporation for Assigned Names and Numbers. "It's really important for credit...