Search Results

COLUMBIA, S.C. - A hacker's reported swift entry into three Swedish banks through the vaunted protections of SSL technology has some experts in the credit union space scratching their heads more than crossing their fingers. According to the Reuters news service, the hacker - who was not named but described...

WASHINGTON-CUNA has nominated six from the credit union community to serve on the Federal Reserve Board's Thrift Institutions Advisory Council. Two are from state chartered institutions and four are federal credit union representatives. CUNA doubled up on NAFCU's nominations of San Antonio Federal Credit Union President and CEO Jeff Farver,...

WASHINGTON-Numerous credit union representatives hailing from Virginia held a videoconference from all over the state and inside Credit Union House with their congressmen October 3 to discuss the bankruptcy reform legislation (H.R.333). It was the first such usage of credit unions' home away from home on Capitol Hill. More than...

SALT LAKE CITY - With Utah banks stepping up their "tax credit unions" drive to raise education revenue in the state, the Utah League of Credit Unions disclosed Friday it will begin a new awareness ad campaign Oct. 14 bolstering the CU image and pushing the consumer "choice" message. The...

As much as credit union officials try to get credit unions more involved in local and federal politics, FiSCA officials may have spent more time at the group's 14th annual conference trying to get check cashers involved with theirs. Bill Sellery, president of Sellery and Associates, the group's governmental relations...

MADISON, Wis. - CUNA Mutual Mortgage is talking with the Federal Home Loan Bank of Chicago to access the bank's Mortgage Partnership Finance secondary market program. CUNA Mutual Mortgage Senior VP and Chief Operating Officer Dan Rotert said the company was "discussing the program with FHLB to see how it...

WASHINGTON - A study conducted by the National Community Capital Association (NCCA), an association of 127 of the largest Community Development Financial Institutions (CDFIs), shows that money invested in community development efforts is ad safe as money invested in other lending which is considered more "mainstream." The study reported on...

CU Times Midwest Correspondent LANSING, Mich. - Michigan credit unions have received a gloomy report card from the state's regulator, showing the weakest financial condition in nearly a decade. The commissioner of the state' Office of Financial and Insurance Services, however, was optimistic about long-term soundness. The letter dated Aug....