WASHINGTON - Members use their credit unions' Web sites to do their banking, not for surfing the Net. And putting some in-house advertising on the home banking pages of the Web site might be a good marketing strategy. Those are just two of the findings from the first round of...
Many times, consumers experience a trade-off when they try to find satisfaction through machines: what they gain in convenience they lose with modern-day annoyances that come with the new technology. Today, you can check your savings account balance at any time of the night, but not until having to cope...
WASHINGTON - By its own admission, NASCUS' recent meeting with representatives from Deloitte & Touche to discuss the approach the firm will take in its independent study of NCUA's overhead transfer rate funding formula, went better than NASCUS expected. NASCUS President/CEO Doug Duerr admitted he was "concerned" going into the...
COLUMBUS, Ohio - Profound Communications, Inc., a full-service strategic marketing firm, has been recognized by the Ohio Credit Union League for its Financial Facts newsletter with the Marketing Brilliance Award. The publication educates credit union members about financial topics such as investing, money management, and lending. The award was presented...
WASHINGTON-President George W. Bush's tax package may receive most of the media coverage, but it's not the only tax relief bill that has been placed before Congress. After months of stalling in the House, legislation to expand subchapter S tax provisions for closely held-those with fewer than 75 stockholders-banks and...
EAU CLAIRE, Wis. - If at first you don't succeed, try, try again. That's the attitude of Citizens Community FCU here as it begins its second attempt to convert to a mutual savings bank. The second time around should be much easier for the $100 million credit union since the...
Alaska USA Federal Credit Union has donated $11,905 to the Children's Miracle Network. This donation will benefit Providence Children's Hospital in Anchorage and the Children's Hospital and Regional Medical Center in Seattle. The funds were raised through sales of over 4,500 CMN holiday music CDs with a 100% matching corporate...
Berrien Teachers Credit Union, St. Joseph, Mich., has named Michael J. Taylor Dowagiac branch manager and James W. Moore internal auditor/ support specialist. Royal Credit Union, Eau Claire, Wis., Executive Vice President Randy Beck has been appointed chairman of the Wisconsin Credit Union League.
COLUMBIA, S.C. - When it comes to wireless banking, one man's cool is another man's goofy. "We've got some really cool stuff coming, including end-to-end, Web-based wireless lending capability," says Marshal Kipp, Virtual Branch program manager at EDS (www.eds.com) in Plano, Texas. "I can envision in the very near future...
Chartway Federal Credit Union, Virginia Beach, Va., has named William Phillips sales manager for its General Booth, Holland Windsor Crossing and Lynnhaven branches. Virginia Credit Union, Richmond, has appointed the following officers to its board: Neila L. Gunter, chairman; Robert L. Suthard, vice chairman; and Raymond D. Vaughan, secretary/treasurer. In...