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VANCOUVER, Wash. - The ongoing fight between the $619 million Columbia Credit Union and Save CCU, a group of Columbia members who opposed changing its charter to that of a mutual thrift, is starting to work its way through the courts. As of press time, a Washington State Superior judge...

WASHINGTON-The Credit Union Regulatory Improvements Act (H.R. 3579) attracted nine more co-sponsors as CUNA closed out its annual Governmental Affairs Conference. Representatives Robert Andrews (D-N.J.), Sherwood Boehlert (R-N.Y.), Bob Filner (D-Calif.), Maurice Hinchey (D-N.Y.), Barbara Lee (D-Calif.), Eleanor Holmes Norton (D-D.C.), C.L. (Butch) Otter (R-Idaho), Ron Paul (R-Texas), and Maxine...

WASHINGTON - NASCUS Chairman Roger Little, deputy commissioner of the Michigan Office of Financial and Insurance Services didn't mince words when he spoke to GAC attendees about the challenges facing state credit unions and state regulators. He told them federal preemption of state laws is "one of the greatest threats...

REDWOOD CITY, Calif. - Even some of the bad guys take a break for the holidays. Reports of scam artists seeking to steal personal data with "spoof" e-mail messages grew by 50% in January over December, according to the Anti-Phishing Working Group. The Anti-Phishing Workgroup (www.antiphishing.org) is a consortium founded...

MADISON, Wis. - With the U.S. Census Bureau reporting that minorities make up one-third of all Americans and are expected to grow to one-half by 2050, CUES has launched Multicultural Marketing: Opportunity for Growth. Written by Diversity Consultant/EthnoConnect President Michael D. Lee, the guide offers practical detailed advice on the...

WASHINGTON - Though Federal Reserve Chairman Alan Greenspan noted that credit unions have traditionally been known for their personal and automobile lending, more are getting involved in first and second mortgages. "With lending efforts focused on consumer and residential mortgage loans, credit unions have a natural interest in the financial...

AVON, Conn. - Converting from an outdated legacy system at a single credit union is no small task, but multiply that times 125 and you get an idea of the responsibility COCC took on when the core data processor made such a move itself. Connecticut On-Line Computer Center (www.cocc.com) -...

SANTA FE, N.M. - On the heels of NCUA's preemption of New Mexico's new predatory home loan law, the state's top credit union regulator, William Verant, is seeking parity for state-charters and hopes new regulations will become effective "by the end of March." Verant, who is director of the Financial...