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WASHINGTON-The U.S. Secret Service Financial Crimes Division, a division of the Treasury Department, issued a memo to the Office of the Comptroller of the Currency to be distributed to all member institutions on fraud prevention with the issuance of the tax rebate checks. The memo warns financial institutions that cash...

Looking back five years ago finds credit unions able to offer their employees 401(k) retirement plans. "When we realized Congress, and particularly House Ways and Means Chairman Bill Archer (R-Texas), were definitely intent this year on moving ahead with 401(k)s for nonprofits, our staff and many leagues jumped right in...

DENVER - Three-fourths of the nation's top financial planners hold the certified financial planner (CFP) certification, according to a Worth magazine study. Worth ranked the nation's top 250 financial advisors and 196 individuals or 78% of those listed have professional accreditation. Certification is becoming valued among other professions that provide...

NEW YORK - CarDay Inc. here, an auto buying service that combines bricks with clicks, has partnered with AutoValueCenter, Butler, Pa., a car buying firm that assists CUs in providing financing for autos bought at dealerships, to bring members more access to purchase certified used cars using credit union financing....

The number of outside surveys involving credit unions, either directly or indirectly, is rapidly increasing. It seems that the interest level in dissecting and understanding credit unions and CU member behavioral patterns has never been greater. Let's look at some recent surveys. Credit unions love the survey of 1,001 consumers...

TALLAHASSEE, FL - Southeast Corporate Federal Credit Union has announced a number of new senior staff hires. They include the following: Kay Moon, Senior Vice President - Correspondent Services; Barry Haddix, Vice President - Information Technology; Lisa Coffey, Vice President - Item Processing; and Jason Norton, Vice President/ Marketing. Interestingly,...

WASHINGTON - More and more households are turning to check cashing stores, payday lenders and pawnshops to meet their financial needs in part because the `fringe lending' industry is quickly becoming an outlet for one-stop shopping. This according to a recently released report by the Fannie Mae Foundation titled "Financial...

HOUSTON, Texas - The Credit Union of Texas recently unveiled its new interactive Web site at www.cuoftexas.org. A variety of online services are an integral part of the design including home banking, wireless banking, bill payment, auto-market sales and leasing, several calculators, as well as online applications for loans, membership,...