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FAIRFAX, Va. - Core processor FedComp Inc. says its Window-based The Next Generation system has now been purchased by more than 500 credit unions and installed at more than 300, and it is announcing the return of industry veteran Carolyn Warden as its director of education. Reaching the 500-sales mark...

WESTLAKE VILLAGE, Calif. - Consumers in the market for new and used vehicles are relying on dealerships' Web sites more, J.D. Power and Associates research shows. Traffic to dealerships' Web sites by used-vehicle buyers is up 19% over 2001, according to the J.D. Power and Associates' 2002 Used Autoshopper.com StudyT....

ALEXANDRIA, Va.-The two national credit union trade associations have told NCUA that its second go-round with the international branching proposed rule is an improvement over the first proposal. CUNA and NAFCU applauded NCUA's efforts to provide federally-insured credit unions greater flexibility in foreign branching while balancing safety and soundness. NASCUS...

DURHAM, N.C. - January marks the official kick off of the Latino Community Development Center. Designed to help organize nonprofit groups statewide to serve the growing Hispanic population here, the center will teach how to do grass-roots organizing, develop good bylaws, appoint directors, create programs, raise money and do strategic...

Hundreds of men and women have been bestowed with the informal title of credit union industry leader. In reality, many never actually led. They were automatically categorized as leaders by virtue of leadership positions they held. When Ed Callahan retired as CEO of Patelco Credit Union on December 31st, his...

WEST PALM BEACH, Fla. - Most credit unions with money sitting in a corporate credit union can expect a bonus dividend. Unlike natural person CUs, where most do not award a bonus dividend, corporates typically do award one. At the end of last year Credit Union Times reported on corporates...

ST. LOUIS - For the second time last year Missouri Corporate Credit Union declared bonus dividend payments to its member credit unions. Paid-in Capital (PIC) investors will earn a 3.25% dividend for Fourth Quarter 2002 (up from 2.35% for the Third Quarter). In order to pay 3.25% for the Fourth...

WARRENVILLE, Ill. - The $4 billion Mid-States Corporate FCU rewarded its member credit unions with a special one-day dividend of 20.02% on their membership shares. The dividend was paid to members holding membership shares in the corporate on December 30, 2002. "While Mid-States' members traditionally enjoy a greater return from...