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STAMFORD, Conn. - The technology market is showing signs of recovery, according to a couple of well-known industry reports that came out this week. Gartner Inc. reported that worldwide PC shipments totaled 32.8 million units in the second quarter of 2003, an increase of 10% over the year-ago quarter. It...

CHICAGO - Like a lot of airline credit unions, the $4 billion United Airlines Employees CU is at a crossroads. New CEO - and former banker - David W. Mooney brings a wealth of retail banking experience and some optimism to what he believes is going to be an interesting...

If it weren't so irritating, it is almost getting boring writing and reading about the never-ending attempts by banking industry lobbyists to continue to harass credit unions in an effort to render CUs impotent as a competitive threat. The lawsuit by the American and Utah Bankers Associations and a handful...

ONTARIO, Calif. - The industry's largest credit union ATM network and the nation's second largest corporate have hooked up in an EFT deal. The CO-OP Network and the $9 billion Southwest Corporate FCU, Dallas, formed a partnership where the CO-OP will provide processing and networking services to credit unions in...

NEW YORK - A report issued July 23 by law firm Baker Botts LLP, special counsel to the outside directors of the board of Freddie Mac as part of its review of the scope of the government-sponsored enterprise's accounting problems and management shakeup and "allegations of wrongdoing", found the causes...

LANCASTER, S.C. - More than six months after retiring from Founders Federal Credit Union, the credit union she'd served for 42 years, former long-time president/CEO Laura Fleming died unexpectedly on July 21 after suffering cardiac arrest. She was 66. Fleming was known as a pioneer for women credit union CEOs....

OGDEN, Utah - The three Utah credit unions named in the American Bankers Association's July 15-suit challenging NCUA's field of membership authority are apparently moving ahead with branch plans despite the legal cloud. The $2.6-billion America First Federal Credit Union, the state's largest, said "we are proceeding on the same...

WEST PALM BEACH, Fla. - While almost 45% of participants in Credit Union Times just-expired voting poll said they were aware of the IRS' Unrelated Business Income Tax, over 26% of respondents didn't know the IRS was currently considering whether core CU products like credit insurance should be subject to...