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ALEXANDRIA, Va.-It is apparent that NCUA Chairman JoAnn Johnson and Board Member Debbie Matz come from different worlds. Johnson was raised on a farm in a rural town in Iowa, while Matz grew up in a New York City housing project. Johnson is a Republican who uses the title `chairman.'...

Banks and conversion consultants trash NCUA's reg governing the credit union-to-bank conversion process. Page 4.

CAMBRIDGE, Mass. - Financial services companies overall are more optimistic than other organizations as they look ahead to IT spending in 2005, according to a new report from Forrester Research. Here's a quick look at one finding in the research and advisory firm's latest scan of 1,377 IT and business...

FORT WORTH, Texas - For one credit union in the Lone Star State, keeping a tight focus on expectations and execution has resulted in what's sometimes seen as the brass ring of financial services technology: a successful CRM deployment. Last fall, $550 million EECU deployed the Synapsys platform from its...

PORTLAND, Ore. - Oregon Governor Theodore Kulongoski wrote Portland Teachers CU President/CEO Cliff Dias recently thanking him for the CU's efforts in combating payday lenders and check cashers in the state. The letter specifically cited the CU's new Payday Advantage Loan which was designed as an alternative to payday lenders...

WASHINGTON - Rep. Robert Ney (R-Ohio), chairman of the Subcommittee on Housing and Community Opportunity, called a hearing for Oct. 7 on "Mortgage Fraud and its Impact on Mortgage Lenders." Members of the Subcommittee are expected to hear testimony from eight witnesses on how mortgage fraud impacts lenders and ultimately...

An article in the Sept. 29 issue, "CU Companies Weathers Cycles of Mortgage Market, Expands Services, Ownership, Evolves into Minnesota's Leading CUSO" incorrectly stated the company has $17 million in its loan portfolio. The correct figure is $174 million. A photo caption was omitted from a Beyond the Job story...

FORT WAINWRIGHT, Alaska -Military and Civilian Federal Credit Union generated some youth interest in its MAC Teen Account by sponsoring an art contest for the club's logo. Pictured here, Dillon Lane accepts a check for his winning design from MAC FCU Executive Vice President Raelynn Holland.