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Your member's information must be protected! Recently, NCUA released their revised regulations to part 748, which becomes effective July 1, 2001. They made some significant changes that affect how a credit union should approach security, specifically, information security. These revised regulations will impact how credit unions approach, manage and monitor...

BELLINGHAM, Wash. - More than 450 residents of Whatcom County, in the Northwestern reaches of Washington state near the Canadian border, have spent most of their working years at the Georgia-Pacific Corporation pulp plant in Bellingham. On March 30, however, their world came crashing down. They were laid off with...

Dearborn Federal Credit Union, Dearborn, Mich., has named James Badge president of its Dearborn Financial Services investment and insurance services division. FORUM Credit Union, Indianapolis, has named Doug Sharkey assistant vice president of lending administration and Patrick Spencer business services manager. Seven Seventeen Credit Union, Warren, Ohio, has named Eric...

ARLINGTON, Va. - Keith Nolan has only been on the job for three months as the front man for NAFCU's for-profit subsidiary, NAFCU Services Corp., but the fledgling NSC president is eyeing up some big changes for this somewhat unknown entity. NSC's core offering is its Preferred Provider Program, which...

WASHINGTON-While many like to blame the government for the plummeting national savings rate, personal savings plays a major role. Since the 1960s, the personal savings rate has dropped from 8.3% to -0.1% in 2000, according to a recent study by the Government Accounting Office (GAO). To put these numbers in...

HARRISBURG, Pa. - Pennsylvania's Department of Banking has become the 25th state regulatory agency to be accredited by NASCUS. For the agency, the accreditation status means the NASCUS Accreditation Review Team, Accreditation Audit Working Group and the Performance Standards Committee concluded that the Pennsylvania Department of Banking exceeds all the...

MONTPELIER, Vt. - Credit unions are spending more money and time than ever in creating a retail environment in their branches, so why do they throw that mentality out the window when it comes to their Web sites. That's what Rob Smart, executive vice president of new business for Web...

As interesting as stories in each weekly issue of this publication are, our talented editorial and production team has found still another way to make them even more informative. They now add colorful and fact-laden charts to the pages of Credit Union Times in each weekly issue to bring statistics...