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ORLANDO, Fla.-CorePROFIT Solutions President and CEO Joseph Prunty warned credit unions during NAFCU's Annual Conference & Exhibition that if they do not segment their members by their needs and profitability, someone else will. According to Prunty, the most important information to come from member segmentation is that the institution "begins...

Island Federal Credit Union, Hauppauge, N.Y., has awarded $1,000 scholarships to 10 students entering their first year of college. The scholarship recipients are all children or grandchildren of IFCU members. Chartway Federal Credit Union, Virginia Beach, Va., has awarded four $1,500 scholarships to Toskhan Cooper-Shelton; Alexander Comiskey; Eugene Reyes; and...

TORONTO, Ontario, Canada - Members of the Taiwanese Canadian Toronto Credit Union will have ATM service their way - in Chinese. TCU is the first financial institution to use the Dynamic Branding multilingual capabilities of the new AutoBranch Technologies, Inc. network, which delivers financial services on ATMs in the institution's...

WASHINGTON-The American Bankers Association (ABA) has submitted the last of its briefs prior to oral arguments in their lawsuit against the NCUA and others scheduled for September 5. NAFCU Senior Vice President and General Counsel Bill Donovan remarked of the brief that it simply "rehashes stale arguments" and remained confident...

-Understand and monitor members' behavior-based profitability; -Develop a comprehensive member database, possibly including the number of children and their ages, recent car purchases, etc.; -Integrate risk and credit facilities; and -Ask what members want now and what will they want in the future.

ALEXANDRIA, Va. - Edwin Wills, CCUE has joined the D.C. Credit Union League as vice president. Wills' appointment to the position was effective July 16. Wills was previously the regional sales manager-collateral programs for CUNA Mutual Group. He earned his Certified Credit Union Executive designation in 1987 and was named...

WASHINGTON-In a few swift maneuvers last week, the Senate passed the bankruptcy abuse reform bill by a margin of 82 to 16 and named conferees, clearing the way for the House to appoint its conferees. The bill passed the Senate more quickly than credit union lobbyists had anticipated. Senator Paul...

Headquarters: Harrisburg, Pa. (its only branch) Assets: $1.6 billion (No. 21 according to Callahan) Members: 275,000 Employees: 416 Web site: www.psecu.com President/CEO: Greg Smith (since 1991). "Our strategy is to be a low-cost provider. I'm absolutely certain technology helps us do that," said Smith.