MADISON, Wis. - CUNA Mutual Group will begin sending out revamped retirement account statements this month to some 60,000 CU employees, or about 35% of full-time staffers in the nation's CUs. Most of the 60,000 retirement account holders are participants of 401(k) plans, with others participants in money purchase and...
ALBUQUERQUE, N.M. - The New Mexico Credit Union League, convinced cyberspace is the vehicle to reach young people, is offering an innovative education package making use of teen "message boards," Web sites and youth-written newsletters to convey a pro-CU message. The program, called "CU Succeed," expects to sign up eight...
NAFCU only has a staff of 56, but its 1,000 member CUs would never know it. NAFCU leaders say its staff strives to be responsive to all of its member CUs, taking a hands-on approach. Long-known for its regulatory and compliance expertise, NAFCU has been working on increasing its profile...
WEST PALM BEACH, Fla. - The past 18 months have been quite a roller-coaster ride for CU balance sheets. The story in 2000 was loan growth. Loans were up 11%, or about $30 billion, while shares increased just 6.3%, or $22.3 billion. This year the scenario is reversed. NCUA's 2001...
BATON ROUGE, La. - When John Milazzo arrived at Campus Federal Credit Union 16 years ago, there were three PCs in the whole operation, and they sat unused in a hallway. Now the Baton Rouge, La., credit union builds its own. That's just one example of the expanding role of...
Publisher Mike Welch has some pet peeves. So do I. People who hold a position on the board of directors of a credit union or credit union trade association who: *Never have a position on any topic. *Are afraid to speak out and ask questions. *Hold an officers position because...
LAS VEGAS - Anyone who's bought a car recently knows that the entire process - from researching a vehicle to making the actual purchase - has changed from what it used to be. So it came as no surprise to the more than 250 representatives from 90 credit unions who...
CommunityAmerica Credit Union, Overland Park, Kan., has underwritten two $1,500 scholarships for the Shawnee Mission Education Foundation. The awards program, entitled "Celebrate Success! 2001" recognizes two seniors who possess outstanding records of leadership and academic achievement. Alicia Stuart and Eric Yurkovich, both seniors at Shawnee Mission Northwest, are the first...
PORTLAND, Ore. - Portland Teachers CU (PTCU), the largest CU in Oregon, has placed a top priority on education in their area, and has created a plan to support their commitment through a special funding opportunity. A three-tiered cooperative effort is making it a reality. The PTCU, Gresham-Barlow School District...
JULY JULY 16-20 Lending Solutions' Rex Johnson's University of Lending, Crystal Lake Holiday Inn, Crystal Lake, Ill. For info: Marsha Wieder, 888-574-6572. JULY 12-13 Brick & Associates, Inc. "Strategic Conference," East Lansing Marriott, East Lansing, Mich. For info: 800-332-8188. JULY 15-25 CU Conferences' Credit Union Scandinavia/Russia Cruise Conference, Princess Cruise's...
