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WASHINGTON - The number of reported identity theft is on the rise. According to a semi-annual report, Suspicious Activity Report Activity Review-Trends, Tips and Issues, issued jointly by regulators and financial services trade associations, in 2000 between January and November 657 reports were filed citing identity theft, compared to only...

Think of it as a variation on the childhood "Rock, Paper, Scissors" game. Except in this game, not only are the stakes higher, but there is one clear victor that will defeat the other two participants: job cuts will override both rate cuts by the Fed and tax cuts to...

Fort Jackson Federal Credit Union, Columbia, S.C., has promoted Audrey Brown to assistant vice president of marketing and Robin Vaughn to Northeast branch manager. IBM Southeast Employees Federal Credit Union, Boca Raton, has named Alex Yarnall marketing/brand manager. Army Aviation Center Federal Credit Union, Daleville, Ala., has appointed the following...

SEATTLE - NCUA's CAMEL system has been the most significant standard for rating credit union performance, but it's not the only system in CU town. An alternative "high performance" assessment model developed by Ward-Smith & Company measures a CU's operational effectiveness using an "accounts-per-member" formula. Based on data drawn from...

There's a whole new set of systems, standards and hardware being used by more CU processors. Here's a look at some of them. * OFX - A uniform spec for exchanging financial data between financial institutions, consumers and other organizations over the Web. It was first created back in 1997...

SALEM, Ore. - A bill that updates the Oregon Credit Union Act by removing the $100,000 limit on CU member business loans and sets a cap to match the federal limitations, was signed into law by Gov. John Kitzhaber. H.B. 2775 received bi-partisan support from Republicans and Democrats in the...

WASHINGTON - Bradford Caldwell, executive director for the Campus Credit Union Council has been elected to the board of directors of The North American Students of Cooperation (NASCO). Based in Ann Arbor, Mich., NASCO represents student cooperative organizations in the U.S. and Canada. During the recent meeting of the board...

Just about the time most of us have almost forgotten about CUNA's ambitious Renaissance Commission effort, it pops up in the news again. The headlines this time (see page one) have to do with the commission making its report to the CUNA Board of Directors when it met last week...