Search Results

LILONGWE, Republic of Malawi - The credit union movement in Malawi faces problems that U.S. credit union leagues couldn't even begin to imagine. However, the Malawi Union of Savings and Credit Cooperatives (MUSCCOGM) still keeps plugging. Headed by Sylvester Kadzola as their Chief Executive, MUSCCOGM has 53 people who oversee...

TORONTO, Canada - There's still no official word from the Securities and Exchange Commission on whether the agency will decide CUSOs must discontinue receiving commissions from the sale of mutual funds and other securities, but it's only a matter of time before the SEC will formally announce what CUSOs have...

NORCROSS, Ga. - The $665 million, 151,000 member Associated Credit Union has moved its 21,000 credit card portfolio to Certegy for processing. The credit union previously processed with Tsys (formally Total Systems) of Columbus, Georgia. "We selected Certegy because they offer the best solution for cardholders to view their credit...

BILERICA, Mass. - From Bellco Credit Union in Denver to Teachers Credit Union in South Bend, Ind., a two-year old Massachusetts software firm, Experion Systems Inc., has been winning new industry converts this summer to a cost-saving training and customer service tool aimed at improving product selection. The "trusted advisor"...

BLOOMINGTON, Minn. - If a potential member uses a search engine to locate your credit union, are you sure that your Web site is the only one that will pop up? In what could be the start of a disturbing new trend, payday lenders and Internet scam artists may be...

SIOUX FALLS, S.D. - Closer ties or perhaps consolidation of the North and South Dakota Credit Union Leagues has moved a step closer with the resignation of the North Dakota League's 61-year-old president Buell Reich. Reich, who has been president of the North Dakota Credit Union League the last three...

ATLANTA - Liberty FiTECH Systems has bought the credit union division of Perform Inc., a provider of data processing and other technology services to credit unions, schools and municipalities in the Dayton, Ohio, area. The division employs 12 people, and currently has nine credit union clients. Perform Inc. already was...

Determining what the major issues are that are currently facing credit unions, trying to understand them, and then prioritizing them, is a big issue unto itself. That seemed to be the case at the National Issues Forum, a deliberately wide-open general session at the recent CUNA Symposium in Orlando. The...