SCOTTSDALE, Ariz. - Where is the industry's "passion" might have been the theme for CUNA Chairman David Maus' keynote speech to the annual convention of the Arizona Credit Union League here. The banking industry, observed Maus, is "on the attack and wants us to fail" and yet do credit unions...
TALLAHASSEE, Fla. - CU Center, Inc., a South Florida shared branch CUSO, has migrated to the shared branch teller platform software of United Datatronics Inc., a financials services CUSO here owned by seven credit unions. CU Center provides online, real-time shared branch services to members of over 600 CUs that...
LOS ANGELES - Farmers Insurance Group Federal Credit Union here is now offering its members wireless Internet banking through a partnership between FIGFCU, Harland Financial Solutions, and wireless-enabler SensCom, Inc. The CU is utilizing the ULTRADATA core system, a Harland Financial Solutions' system. SensCom, which has helped a number of...
BASEL Switzerland - Several U.S. credit unions and international credit union organizations, plus the World Council of Credit Unions (WOCCU) have sent their comments to the Bank of International Settlement (BIS) of the new steps in the Basel Capital Accord. The Accord was originally supposed to be published by the...
NEW YORK - Actors Federal Credit Union has joined forces with the Lower East Side Peoples Federal Credit Union to offer members ATMs along with their next order of fries at the McDonalds on 102-106 First Avenue at 6th Street. Members of LESPFCU, a low-income designated credit union, can now...
BROOKLYN CENTER, Minn. - City County FCU insists there's no catch, its new User's Credit Program doesn't cost members any money to use. In fact, it's just the reverse. CCFCU will pay members a bonus for using the credit union's services. It's a way for the $270 million credit union-the...
WASHINGTON-CUNA's Renaissance Commission has been hard at work gathering information and suggestions from the credit union community as to where they would like credit unions to go. The 96 suggestions are awaiting action from the CUNA Board this fall. Here's what they came up with: Field of Membership (FOM) Issues...
LAS VEGAS - Seven credit unions from four states were honored for their best practices in indirect lending during CU Direct Corp.'s annual CUDL Auto Lending Symposium held June 20-21. Recognized within their asset category for having processes in place for funding quality indirect loans were Tracy FCU, Calif. (less...
ARLINGTON, Va.-Despite the conversions from federal to state charters, which NAFCU President and CEO Fred Becker believes is slowing or possibly stopping, NAFCU is still going strong and making improvements to the federal credit union environment, as well as to itself. Becker predicted that credit unions should be able to...
WASHINGTON - At first glance at Callahan & Associates' June report, credit unions' auto loan portfolios are in fine shape. After all, they account for 40.1% of CUs' loan portfolios. As impressive as that number is, there's still considerable room for improvement when it comes to CUs' auto loan penetration...