ARLINGTON, Va. - Credit unions in Maine will now pay a little less for their members ATM transactions because Synergent, the League's wholly-owned subsidiary ATM network, was able to negotiate a more favorable interchange rate with EDS, the company's transaction processor. "Synergent had the volume to make a better deal,"...
Sunmark Federal Credit Union, Schenectady, N.Y., has named Bryan Delehanty director of finance. Philadelphia Telco Credit Union, Trevose, Pa., has elected R. Terry Brunt board director. SSA Baltimore Federal Credit Union, Md., has elected the following officers to its board: Bernice J. Chase, chair; Donna Y. Jackson, vice chair; Stanley...
MADISON, Wis. - Any vendors or businesses looking to break into the credit union market can now refer to CUNA's recently released handy information resource kit entitled the Credit Union Market Builder Kit. "The Credit Union Market Builder Kit is designed to provide businesses interested in serving the credit union...
ARLINGTON, Va. - The Federal District Court judge charged with hearing a coalition's complaints against a California law regulating credit card operations prevented the law from going into effect on July 1 but left undecided the case's final outcome. The Court will next rule on the matter on November 8....
Chetco Federal Credit Union, Harbor, Ore.,has held a hot dog sale fundraiser for the American Cancer Society's Relay for Life. Members lined up to purchase a meal which included a hot dog, bag of chips, and a small soda for a donation of $2. Deere Harvester Credit Union, Moline, Ill.,...
CORVALIS, Ore. - OSU FCU, the largest federal credit union in Oregon, expanded its community charter field of membership effective June 28 to include Lincoln County. Prior to the FOM expansion, the $297 million credit union served Linn and Benton counties. The combined population of those two counties is 181,900....
I thought Mike Welch's publisher's column on credit union rumors (CUTimes, June 12) was excellent. It really struck a chord with me. Thanks for looking at us and our industry from the outside in, and for providing information we can use to be more effective. John Hirabayashi President/CEO Educational Community...
WASHINGTON-The elimination of Title V of the Gramm-Leach-Bliley Act (GLBA), which is the financial privacy section, was one thing consumer advocates and financial institution representatives alike agreed on during the Federal Reserve Board's Consumer Advisory Council's most recent meeting. However, Consumers Union Legislative Counsel Frank Torres wanted to start over...
Mike Welch's May 22nd publisher's column, "Term limits provision could harm reg relief") is on target in spirit, but off target in fact. There is no question that those dedicated volunteers now sitting on credit union boards would be duly indignant if the regulatory relief legislation, now being considered in...
COLUMBUS, Ohio - Kansas Corporate CU and CenCorp are the latest corporates to market Corporate One's SimpliCD managed CD product to its member credit unions. The product is offered through Primary Financial Company LLC, a CUSO of Corporate One, and an Office of Supervisory Jurisdiction of West Minster Financial Securities....