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CHICAGO - Credit unions in 10 states are in the midst of a newly-enacted code that updates trust laws and adds sometimes controversial disclosures, but the model still has the flexibility to be tweaked. The Uniform Trust Code (UTC) was drafted and adopted by the National Conference of Commissioners on...

Over the past few months, a class of malicious programs known as "spyware" has emerged as a new Internet menace. Spyware are programs which transmit information from your computer, such as browser history or other personal information, to a remote server. These programs are sometimes installed by unsuspecting users who...

MADISON, Wis. - CUNA Mutual Group will host a series of online asset-liability management Webinars in September and October to help credit union participants better manage interest rate risk in the changing economy. The Strategic Economic Outlook, 2005 and Beyond session will take place 10 a.m. CDT, Sept. 21 and...

FRAMINGHAM, Mass. - Phishing schemes will cost financial institutions in the U.S. and abroad up to $400 million in fraud losses this year and are unlikely to abate without concerted efforts to improve e-mail security and authentication technology. That figure and assessment comes from a new report by Sophie Louvel,...

Twin County Credit Union, Olympia, Wash., has appointed Tim Johnson senior vice president. Red Rocks Federal Credit Union, Highlands Ranch, Colo., has named Steve VanSickler vice president/chief lending officer. Marion & Polk Schools Credit Union, Salem, Ore., has promoted Christopher Federici to product manager and Leilani Slama to director of...

MADISON, Wis. - NCUA Board member Debbie Matz is scheduled to be the keynote speaker at the 10th Annual CUNA Lending Conference. The four-day event will be held Nov. 14-17 in New Orleans. Matz will focus her speech on "Reaching New Markets: The Key to Future Lending Success" on an...

SACRAMENTO, Calif. - At Schools Financial Credit Union, President/CEO Jim Jordan doesn't hesitate to use the "B" word. No, not bank. Business. "It's a business," Jordan declares. Yes, most successful credit unions - including SFCU - can brag about their service. But Jordan figures it takes more than that to...

ST. PETERSBURG, Fla. - Natural disasters used to be foremost on the minds of planners at PSCU Financial Services, but post 9/11 realities have changed that focus. The major CU payments processor has launched an IT infrastructure and business continuity plan aimed at ensuring continuing service in case something big...