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VIENNA, Va. - Brian McDonnell's last day as president/CEO of Navy FCU, the world's largest credit union, was Dec. 17. As part of the farewell ceremony given to him by employees, McDonnell was presented an autographed, framed copy of Credit Union Times' Publisher Mike Welch's Sept. 1, 2004 column which...

MADISON, Wis. -The Office of Professional Employees International Union Local 39 has said all along that there would be few problems shoring up a new collective bargaining agreement with less than 70 unionized employees of CUNA, and the union was right. OPEIU Local 39 Business Manager John Peterson said that...

The first issue of Credit Union Times in a brand new year can only mean one thing: it is time for me to once again make predictions on what I expect to unfold in the world of credit unions over the next 12 months. So here goes: After years of...

ONTARIO, Calif. - The $137 million Star USA FCU has become the first credit union in West Virginia to join the CO-OP Network, the nation's largest credit union owned fee-free ATM network. "We're constantly striving to better our member services, and the partnership with CO-OP Network allows us to extend...

FRISCO, Texas - IntegraSys has completed beta testing of its newest core processing platform and is now offering it to the small- and mid-sized credit union market. Called CubicsPlus, the new solution is expected to replace the CUBICS platform IntegraSys had installed in more than 200 credit unions when Fiserv...

MILWAUKIE, Ore. - Electra Central Credit Union and Portland-based Pace Credit Union have announced plans to merge that will see a combined membership base of 35,000 members and assets of nearly $530 million. The merger, scheduled to be complete by October 2005, makes more financial sense than building new branches,...

MONETT, Mo. - Is Jack Henry & Associates enroute to becoming the next Fiserv? Just like the biggest technology provider in the credit union industry, Jack Henry has been growing by buying, including announcing two acquisitions on the same day in late December, bringing to five the number of companies...

Looking back four years ago finds NCUA Chairman Norman D'Amours resigning under pressure from the White House. The general reaction to the news in CU-land was an overwhelming sense of "it's time for all of us to move on." Though D'Amours' letter did not specifically offer a resignation, its tone...