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In reference to Mike Welch's Sept. 17 Column, "Are Matricula Consular Cards Good or Bad?" I offer this perspective: The U.S. Patriot Act says credit unions need to see ID (of any kind of photo identification from any country) and need to know the true identity of the person -...

We've all read recently about proposed legislation to strengthen the regulation of Government Sponsored Enterprises (GSEs). The increased oversight either by an agency of the Treasury Department or an independent super agency will, we are told, ensure the safety and soundness of Fannie Mae and Freddie Mac, even in the...

ARLINGTON, Va. - A seven-member search committee made up of four NASCUS Regulator Board members and three Council Board members has begun the process of taking applications and evaluating candidates to fill the position of president/CEO of NASCUS. Doug Duerr occupied that position, but he was dismissed on July 29....

ALEXANDRIA, Va.-Five credit unions joined the ranks of the federal charter in September, according to NCUA monthly data. Stamford of Connecticut ($49.9 million) and $6.9 million Insurance Services in Region I converted to federal credit unions last month. Additionally, Railroad & Industrial ($133 million) of Tampa also became a federal...

PASADENA, Calif. - The Wescom Resource Group, a subsidiary of the $2.4 billion Wescom credit union, has announced that three more credit union have begun using its ATM Deposit Balancing product. The three credit unions using the product have a combined 15,000 ATM deposits each month, WRG said. Overall, WRG...

Lacamas Community Credit Union, Wash., has appointed Kathleen Romane President/CEO. Wescom Credit Union, Pasadena, Calif., has promoted the following employees: Jane Wood to executive vice president of operations; Joel Chavarin to senior vice president of member services; Elizabeth Peters to vice president/controller; and Connie Knox to vice president of investment...

FORT WORTH, Texas - OmniAmerican Credit Union joins a growing list of credit unions that have recently added trust services to their financial offerings. OmniAmerican Trust Services' October 27 launch was prompted by "repeated requests" for traditional trust and estate services from its members, said Larry Duckworth, president/CEO of OCU....

ARLINGTON, Va. - Hans Ganz, CEO of First PacTrust Bancorp Inc, a $531 million institution that used to be Pacific Trust Credit Union, told an audience at a financial services conference sponsored by the investment banking firm Keefe, Bruyette and Woods that he strongly backed his institution's decision in January...