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ARLINGTON, Va. - Credit unions should look for the Federal Reserve to hike interest rates early next year and that the overall increase could be 150 to 200 basis points by the end of 2004, according to Jeff Taylor, Senior Staff Economist for NAFCU. Taylor said he expected that the...

ANCHORAGE - Alaska USA Federal Credit Union is committing its online banking and payments technology to Financial Fusion. The $2.3 billion CU has signed up New Jersey-based Viecore Inc. to lead the platform transition. The IT services specialist will help the 255,000-member CU implement key functionality such as account management,...

Looking back four years ago finds a pending "mega merger" of Mid-States Corporate FCU and Indiana Corporate FCU (INDICORP). "If this was your typical merger that we've seen in the past from corporates or even natural credit unions, this would be simple. Usually the larger of more tech savvy one...

DALLAS - Despite winning many awards, the Texas Credit Union League's Marketing Resources Department may still be one of the best-kept secrets in town. Originally created to serve and promote the league exclusively in 1979, Marketing Resources has expanded its reach to help credit unions. The department also works with...

SAN DIEGO - Stan Hollen, who at age 19 was elected to a credit union board and who went on to lead Golden 1 Credit Union to become California's largest financial cooperative and one of the largest credit unions in the U.S., has received the prestigious Leo H. Shapiro Lifetime...

WASHINGTON - By a vote of 379-49 in the House and unanimously in the Senate, Congress reauthorized the Fair Credit Reporting Act over the weekend of November 21 and 22 and has sent the enrolled legislation to the President for his signature, according to credit union lobbyists. The president is...

ALEXANDRIA, Va.-Placing a credit union into conservatorship is a very serious decision to make and not one that the NCUA Board has ever taken lightly. According to NCUA Associate General Counsel Allan Meltzer, the reasons in the Federal Credit Union Act for conserving a credit union are "very broad." "There...

WEBSTER, N.Y. - Xerox Federal Credit Union will be featured on the television show America's Most Wanted. Police here hope that the episode will generate new leads in the shooting of two Xerox FCU members that occurred during an August 12th robbery of the credit union. The America's Most Wanted...