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WASHINGTON-The Dow Jones Industrial recorded record losses since it reopened the Monday following the terrorist attacks on the World Trade Center and the Pentagon. Airline companies are being forced to lay off approximately 100,000 people due to decreased demand. Can the U.S. economy recover from this staggering blow? According to...

ARVADA, Colo. - The $1.9 billion SunCorp Corporate Credit Union completed its first loan participation transaction. The $5 million auto loan participation was done with the $81 million Family First FCU. Back in April, SunCorp was granted NCUA approval to provide loan participation services. A number of other corporates were...

GLASTONBURY, Conn. - Open Solutions Inc. has launched OmniView, its new account aggregation service. It will be available to OSI's 700 financial institution clients through a partnership with Charlotte-based Adhesion Technologies, a global provider of aggregation technology. OmniView will be integrated into OSI's Open Community Network, a popular OSI e-commerce...

ARLINGTON, Va. - Credit unions in the Midwest are interpreting a broad range of legislative and regulatory issues as they look ahead to legislative sessions that will get underway in the weeks and months ahead. In particular, state chartered credit unions are examining how they can keep pace with the...

WEST PALM BEACH, Fla. - Credit unions serving the aerospace industry plan to do what they can to assist what could be hundreds of thousands of laid-off aerospace workers. The airline industry has been the industry most decimated by the terrorist attacks, losing billions of dollars since the tragedy. This...

NEW YORK - New York City rescue workers busy working round-the-clock digging through rubble and putting their own lives on the line in hopes of finding survivors from September 11's terrorist attack have had enough on their minds - and not enough time - to think about going home for...

PORT OF SPAIN, Trinidad and Tobago - This country is two islands each with its own character. They are a paradise for tourists. However, for the credit union industry there, rumors are flying that their governing agency may change, according to Penelope A. Beckles, President of Eastern Credit Union Co-operative...

This issue includes a number of feature stories with a CUNA or NAFCU slant since it was slated to be distributed at CUNA's Annual Symposium and NAFCU's Congressional Caucus. Due to the cancellations of these much-anticipated events (see story on this page), this issue will unfortunately not make the rounds...