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Alot of important points get overlooked when people start talking about other people's compensation. Very quickly discussions get around to comparisons with a person's own paycheck. "Why should he (or she) make so much more than me?" Nor does it take long for those in such conversations to talk as...

WASHINGTON - Continued downward pressure on the net interest margin combined with a rise in operating expenses highlights the need for credit unions to focus on efficiency gains within their organizations. Based on analysis of just-released midyear data, Callahan & Associates, Inc. found that the 14 basis point spread between...

Recognizing the differences between state-chartered and federally chartered credit unions remains important in acknowledging our credit union dual chartering system. In an effort to be sure that Credit Union Times is as accurate as possible, I offer the following note of clarification: I can state with assurance, state regulators have...

I just had to respond to the article in the Aug. 18 issue titled "Consumer Groups Urge Fed to Put APRs on Overdraft Protection Programs; CUNA Says APR Would Hinder CUs From Offering Overdraft." For one thing, credit unions should decide what is in the best interest of their credit...

BOSTON - Driven by hack attacks and worse, and prompted along by regulations arising from Gramm-Leach-Bliley, Sarbanes-Oxley, HIPAA and more, the managed security services market is on a roll, going from $1.5 billion in 2002 to a projected $3.7 billion in 2008. The technologies behind the services also are growing,...

LOMPOC, Calif. - CoastHills Federal Credit Union CEO Jeff York is doing his part to increase voter participation. York has recently recorded a segment for upcoming educational film, The U.S. Congress and You, The video will also feature Congresswoman Lois Capps and veteran CBS News reporter Bob Schieffer. Produced by...

WASHINGTON-CUNA will hold an election fair on Sept. 22 as part of its National Hike the Hill Month Program. The trade association announced that the CUs Vote election fair will feature booths on CUNA's many political programs, such as Project Zip Code and Get Out the Vote efforts, and advise...

SACRAMENTO, Calif. -The Golden 1 Credit Union Senior Vice President of Marketing Dave Thompson is a self-described true "renaissance man" of marketing. "At 18 I fell in love with the work," said Thompson. "I never considered doing anything else because with marketing I had it all - creativity, innovative ideas,...