In a recent column ("NAFCU's Strengths and Weaknesses"), Mike Welch makes the point that NAFCU is a direct membership organization, but he then goes on to add, "credit unions are members, not leagues as in the case of NAFCU's rival CU trade group CUNA." As chairman of the CUNA Renewal...
WASHINGTON - The following are some key points culled from the FFIEC's guidance on authenticating users online. NCUA is expected to release a Letter to CUs on the issue later this year. Secure password measures: * Six character passwords that are alpha-numeric can be more effective than the common four...
RALEIGH, N.C. - Thad Woodard, president, North Carolina Bankers Association accused credit unions of making it "abundantly clear the message.to Congress, state legislatures, federal and state regulatory agencies, and the public: `The rules don't apply to us.' " In his letter to the editor in the Aug. 20 issue of...
ARLINGTON, Va. - Among the list of items the NASCUS Government Relations Committee is scheduled to take up at its next meeting during NASCUS' annual conference in September, is the bill-H.R. 2796 introduced by Ohio Republican Congressman Robert Ney-that would allow privately insured, state-chartered credit unions to become members of...
WASHINGTON - The National Cooperative Business Association, which led the charge to get the .coop domain name for cooperatives, has yet to find a CU organization to become a founder and act as registrant for CUs and the new .coop domain, but it is having luck in other areas. The...
LEAWOOD, Kan. - Gold Banc Corp., a parent company of Gold Bank seems to think that a slogan is worth more than money too. The Kansas City bank has filed a complaint in the U.S. District Court for the District of Kansas claiming the CUNA's National CU Brand Campaign slogan...
ATLANTA - Surrounded by community banks, Georgia Federal Credit Union's Stockbridge branch in Henry County needed a way to gain visibility. The answer was found in a simple fortune cookie. Next to a Burger King on a busy street, this billboard will run for the next three months. According to...
WASHINGTON - "Don't let the Realtors limit consumer choice! Tell your members of Congress you want more competition in real estate," screams a pop up ad on the American Bankers Association Web site (www.aba.com). The ABA and others have been working recently to extend bankers powers into the real estate...
BROCKTON, Mass. - Talk about paying members to come in. Brockton Credit Union recently drew attention to its new full-service branch in Middleborough with a seven-foot tall "Money Tree" complete with artificial one, five and ten dollar bills. Twenty-two finalists submitted guesses on the amount of money growing on the...