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BOSTON - Credit unions who find themselves turning to outside help to secure their IT functions are not alone. Cybercrime is a growth industry on both sides of the fight, according to new figures from a leading think firm. The Yankee Group says that worldwide revenue for providers of managed...

WASHINGTON-Federal Trade Commission leaders plan to deliver the industry a `what's next?' perspective of the Fair and Accurate Credit Transactions Act during "The FACT Act: Challenge and Opportunity" conference at the Wyndham Washington Hotel. FTC Consumer Protection Director Howard Beales and Associate Director for Financial Practices Joel Winston will delve...

Everywhere we turn today we hear that the refinance craze has ended and credit unions need to go after the purchase money market. I don't disagree, but talking about it isn't going to make it happen; it takes a strategic plan and plenty of hard work. Over the past couple...

By now all interested parties have had ample opportunity to express their views on the 183-page report on the financial condition of the U.S. credit union industry which was issued late last year by the U.S. General Accounting Office. As expected, among the first to weigh in with a detailed...

JEFFERSON, Wis. - While many considered the downtown area here as "downtown Beirut," Fort Community Credit Union President/CEO Ron Vogel saw a diamond in the rough. His "diamond" turned out to be the greatest "eyesore" - the three-story, 13,500 square-foot Puerner building. Built in 1864, the building has served as...

ST. LOUIS - The Pete Crear Scholarship application is up and ready for download on the African American Credit Union Coalition's web site. Launched last October by the AACUC, three $2,000 scholarships will be awarded to recipients at the Coalition's annual meeting in Atlanta on Aug. 14. Crear, CUNA &...

RANCHO CUCAMONGA, Calif. - Nineteen years after it was founded, NACUSO has taken an introspective look at itself and come out with a new identification and purpose. "We decided it was time to reinvent NACUSO and not just react to what's going on," said President Bob Dorsa. That included working...

MCLEAN, Va. - The refi boom may be over, but contrary to how it looked for awhile a few months ago when it seemed mortgage rates were starting to move up, rates in fact are still hovering in the 5% range. In Freddie Mac's primary Mortgage Market Survey for the...