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ALEXANDRIA, Va. - In response to an issue that arose during the recent Partnering and Leadership Successes member business lending workshop, NCUA Director of Examination and Insurance Dave Marquis issued a memorandum encouraging the five regional directors to "evaluate and consider granting a waiver for all loans made as part...

HARRISBURG, Pa. - David Zuern, incoming chairman of the Pennsylvania Bankers Association and representatives of local banks met with U.S. Treasury Department Assistant Secretary for Financial Institutions Wayne Abernathy on April 26 at a roundtable discussion hosted by U.S. Rep. Todd Platts (R-Pa.) and tried to press the Treasury official...

GLASTONBURY, Conn. - Open Solutions Inc.'s well publicized contract lands are translating into black ink for the e-commerce and core processing technologies provider. The company, which trades on the Nasdaq as OPEN, said first quarter 2004 revenues were $21 million, a 70% jump from the $12.3 million reported in the...

ALEXANDRIA, Va. - NCUA issued prohibition orders against three individuals last week. Former Roosevelt County Credit Union Manager Patty Barnes agreed to an order prohibiting her from further participation in the operation of any federally insured financial institution without admitting or denying fault. Tammy Bramwell, former president of Metro East...

Mid-Atlantic Federal Credit Union, Gaithersburg, Md., staffers have donated their time to participate in the Upper Montgomery County YMCA's Healthy Kid's Day Celebration. The annual event focuses on encouraging kids to be healthy in spirit, mind, and body from eating right and exercising regularly, to rejecting drugs and alcohol. Over...

WASHINGTON - To help reduce incidents of identify theft and fraud in its mortgage insurance programs, the Federal Housing Administration has begun applying system edits to validate the issuance of Social Security Numbers used by borrowers obtaining FHA-insured mortgages. The edits are applied as soon as the mortgage lender enters...

BASKING RIDGE, N.J. - Affinity FCU recently launched a redesign of its CUcarzone Web site, which specializes in helping members find used cars, that the CU says will improve business and member satisfaction. "Affinity's CUcarzone site provides easy access to information about one-owner leased cars, trucks and SUV's that have...

LATHAM, N.Y.-When it comes to the weekends, you can be pretty sure where to find Debra Urschel, a 15-year veteran and support coordinator for card services with the New York State Credit Union League. If she and her husband, Steve, aren't racing their Siberian Huskies in the two-dog skijor, then...