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MARIETTA, Ga. - There is little doubt the membership of a credit union undergoing conversion to a mutual bank "has to be fully informed and appraised of the consequences" of such action in a mail ballot, according to the vice chairman of Georgia Credit Union Affiliates, Ed Collins. Queried about...

CHICAGO - The number of wealthy investors who turn to brokers for advice has dropped nearly 27% over the past two years, concerned that information shared may not be comprehensive enough or too biased, according to a recent study. Spectrem Group, a research firm for the affluent and retirement markets,...

DEARBORN, Mich. - The Mortgage Bankers Association, working with the City of Dearborn, Mich. and the Michigan Mortgage Lenders Association launched the Arabic-language version of its nationwide consumer education campaign, Stop Mortgage Fraud. The campaign, which is designed to help prevent abusive lending practices, was originally launched in English and...

ALEXANDRIA, Va.- NCUA keeps plugging along right on track with its original plans for the money-saving regional realignment plan, which will reduce the agency from six regions to five. NCUA asked that credit unions and others to begin contacting Region VI at its new office headquarters in Tempe, Ariz. as...

ATLANTA - When most people think of auctions, words like antiques, valuable paintings and Sotheby's are some of the more popular connotations. But the same benefits of auctions for items like these such as critical mass of buyers and sellers are also enjoyed at auto auctions, and it's one of...

CALABASAS, Calif. - Digital Insight has named BankServ as its preferred partner for wire transfer processing. The new partnership combines Digital Insight's front-end AXIS(R) Cash Management solution with BankServ's back-office wire transfer technology. Digital Insight and BankServ will develop a real-time interface between their products enabling a complete end-to-end wire...

MIDDLETOWN, Pa. -Mid-Atlantic Corporate has added Link Computer Corporation as a business partner to offer member credit unions network expertise. "We feel that this service will help our smaller credit unions who do not have IS staff on board, in addition to larger credit unions who want a peace of...

SUITLAND, Md. - Andrews Federal Credit Union (AFCU) serves a lot of people with high-tech, high-security jobs, and it has some pretty high-tech gear of its own. The $685 million military-based CU is running a storage-area network (SAN) from EMC Corp. that has reduced daily backup of all servers from...