TAMPA, Fla. - At a time when credit unions were slow to or outright excluded from offering share drafts and credit cards, one trailblazer forged ahead when he learned the credit union he would soon lead was "shamelessly" behind the times. Ask anyone who knows George Hobar, 76, the former...
MADISON, Wis. - Credit unions wanting more flexibility in pinpointing where their investments are structured based on market fluctuations have a new option. The National Credit Union Foundation (NCUF) and U.S. Central Credit Union are offering a three-year fixed rate, fixed term share certificate that will enable credit unions to...
The professional career of NAFCU Services Corporation President Keith Nolan started out with VISA. He spent four years in operations at VISA, and three years in marketing and sales. Nolan then entered the CU industry by joining Payment Systems for Credit Unions in 1989 as senior vice president, Eastern regional...
MADISON, Wis. - Three CUNA Mutual Group executives spent a week in China recently where they visited with Chinese officials about the possibility of CUNA Mutual providing insurance for China's credit cooperatives. The CUNA Mutual execs included President/CEO Mike Kitchen; Ralph Swoboda, vp of international affairs; and Lon Sprecher, head...
WASHINGTON - The elderly can now make just one stop at BenefitsCheckUp.org to find out how to sign up for federal and state assistance. ``In most communities, if you want to find out benefits information, you have to go to 15 different offices,'' said National Council on the Aging president...
HARAHAN, La. - The advent and successful efforts of CUNA's Credit Union Legislative Action Council (CULAC) to raise money to support credit unions' national legislative lobbying efforts has spurred many leagues to make similar efforts on the state level through their respective state political action committees (PAC). Like CULAC, state...
In a previous opinion article I co-authored with Gordon Dames, CEO of Mountain America Credit Union a few years ago (CU Times, 12/17/97), we advocated a new planning paradigm. Unfortunately, we see many well-meaning boards and management teams still falling prey to a variety of planning myths - and therefore...
NEW ORLEANS - In a speech before the 27th annual meeting of the National Federation of Community Development Credit Unions (NFCDCU), acting NCUA Chairman Dennis Dollar emphasized that the agency is looking for ways to better serve small and low-income credit unions through its Office of Credit Union Development. After...
FAIRFAX, Va. - Federal credit unions converting to state charters because of complex federal regulations have become commonplace in the CU industry. Not so common though is a state-charter CU converting to a federal charter because of the restrictiveness and complexity of state regulations, but that's exactly what's happened in...
Riverside County's Credit Union, Calif., has been recognized as the "Top Company to Work for" in the Inland Empire 2001 Awards ceremony. More than 620 gathered for the first-time event sponsored by the Business Press. The five-judge panel that selected the award winners was comprised of leading business school academics...