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Federal credit unions continue to be attracted by the FOM flexibility of a community charter. The following is the latest NCUA report on community charter expansions. As the chart shows, some FOM expansions are simply the addition of new counties, while others can have complicated guidelines.

CAMBRIDGE, Mass. - Credit unions are always pegged as more tech-savvy then other financials - rightfully so according to a new Forrester survey. Based on data culled from Forrester's annual survey of 100,000 North American consumers and 10,000 consumers surveyed online, credit unions rank No. 1 in online satisfaction and...

Duval Federal Credit Union, Jacksonville, Fla., has purchased its first free standing branch facility/administration office. DFCU will use the 10,000 square foot building as a member service branch with drive-thru operation, as well as an administrative facility. The facility has been available for member use since July 2001. DFCU has...

SAN DIMAS, Calif. - The $16 billion WesCorp has enhanced its online account management system for its members CUs with the introduction of electronic statements. Statements are delivered through WAVE (www.wescorp.org), WesCorp's real-time, online account solution. Earlier this year, WesCorp member CUs told WesCorp, via a survey, that they wanted...

National Credit Union Consulting Division "O'Rourke Consulting, a part of RSM McGladrey" Gene O'Rourke, dir. in charge IT Security Consulting Wade Painter, dir. in charge Internal Audit Outsourcing Kevin Koval, dir. in charge Executive Search Jim Hansen, CEO, O'Rourke Career Connections Operations Consulting Wade Painter, dir. in charge National Credit...

ATLANTA-It's summertime and Georgia Federal Credit Union's platinum and classic VISA card portfolio is practically bursting at the seams. "The response to this simple promotion has just been phenomenal," said GFCU Vice President of Marketing Kim Wall. "We are very committed to our credit card portfolio, and really why would...

COLUMBIA, S.C. - Richard Hurt says moving from the service bureau and its proprietary environment that had served his credit union for 10 years to an "open system" vendor was positively liberating. Annette Zimmerman, meanwhile, says her credit union's relationship with its proprietary core-system processor has not inhibited her organization...

An article on page 13 in the July 25th issue of Credit Union Times regarding an NCUA instigated emergency credit union merger is, in our collective opinion, very misleading. We feel it does not accurately reflect the NCUA bidding process that was used. A number of credit unions including ours...