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As this graphic from TowerGroup and the CERT Coordination Center shows, general security threats online have escalated quickly. Additionally, the Internet Crime Complaint Center (IC3) says it processed more than 120,000 complaints in 2003 (up from 48,252 in 2002). The Federal Trade Commission also has recorded a steep increase in...

LANSING, Mich. - State Employees Credit Union's Training and Development Department has partnered with BEI Consulting to win the International Society for Performance Improvement Michigan Chapter's 2003 Outstanding Award of Excellence. The credit union was recognized for its Assessment Center Pathway to Success program, which involved the design, development and...

WASHINGTON - The House Financial Services Subcommittee on Housing and Community Opportunity, chaired by Rep. Robert Ney (R-Ohio) will consider the "Zero Downpayment Act" at a hearing scheduled for March 24. Introduced by Rep. Patrick Tiberi (R-Ohio) in February, H.R. 3755 would eliminate the downpayment requirement for families and individuals...

WASHINGTON - A coalition of consumer and cooperative organizations has commissioned a study which recommends credit unions and cooperatives of all sorts adopt some similar basic strategies to fend off attempts to convert them to a stock or investor model of ownership. The coalition members included the Consumer Federation of...

WASHINGTON - It's been a good three years for the nation's 29 corporate credit unions. As of year-end 2003, total assets in the network stood at $73.8 billion, up 7.1% over 2002. But looking from year-end 2000 to year-end 2003, assets in the network are up 86%. Corporates, who are...

CARLSBAD, Calif. - XCU Capital Corp. has recently added four new credit unions to its list of shareholders. The credit union-owned broker dealer has added Eli Lilly Federal Credit Union, Hawaii Community Federal Credit Union, Northeast Credit Union and USE Credit Union bringing the total number of shareholders to 17....

ARLINGTON, Va. - Can credit unions maintain and exploit an apparently growing difference between their own card programs and those of other issuers? While consumers have long been familiar with the notion that credit unions' customer service for cardholders exceeds that provided by other card issuers, relatively few may yet...

ALEXANDRIA, Va. -NCUA hosted a Partnering and Leadership Successes workshop last week on how to better serve small businesses and their smaller capital needs. More than 230 credit union representatives signed up to attend NCUA Board Member Debbie Matz' free workshop March 25. She co-hosted the conference with NCUA Vice...