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ANAHEIM, Calif. - Clarke American deployed its first XML interface partner, WESCOM Credit Union, using the IFX XML standard. The solution allows WESCOM to data-stream directly to Clarke American's enterprise system over the Net. The IFX Forum, which administers the XML standard, is a non-profit organization charged with developing an...

ALEXANDRIA, Va.-In more than one attempt during his tenure, former NCUA Chairman Norm D'Amours attempted and failed to get CRA-like regulations placed on credit unions. Last October, Board Member Yolanda Wheat successfully had her Community Action Plan (CAP) proposal approved as part of the field of membership updates, over the...

SALT LAKE CITY - Plenty of credit unions have had big kick-offs and celebrations to show off their new Web site or Internet banking system, but Mountain America here did it for its new intranet site, MACUNOW. The CU threw an all day launching party complete with food and refreshments...

WASHINGTON - The Federal Reserve approved updated Reg Z regulations on the federal Home Ownership Equity Protection Act (HOEPA) that will help address the problem of predatory lending. The Fed's rule to the provisions of Truth in Lending that implement HOEPA broadens the scope of mortgage loans subject to HOEPA...

WASHINGTON - NCUA has proposed an amendment to revise Part 704, the corporate CU regulation. The new amendment would allow all corporates to engage in loan participation, something individual corporates asked NCUA for this year in the form of waivers. NCUA's take on capital was one of the most anticipated...

ALEXANDRIA, Va.-After two years of working through the regulatory process, NCUA Chairman Dennis Dollar finally saw his `baby' mature. After extensive discussions and a record number of comment letters, Regulatory Flexibility, or Reg-Flex, became a reality. As part of the Reg-Flex program, federal credit unions that maintain a CAMEL 1...

Irwin Mortgage Corporation, a full service residential mortgage lender, has named Cathy Worley, mortgage loan officer and Mike Berg mortgage loan officer. Morgan Keegan & Company, Inc., a New York Stock Exchange member firm, has elected Johnny S. Wyse managing director. Wausau Financial Systems, a transaction/payment processing solutions provider, has...

MADISON, Wis. - Financially-sound workers are productive workers. That's the view of Thomas Garman, Director of Educational Services at the InCharge Institute of America, Orlando Florida. Garman told a colloquium sponsored by the Filene Research Institute, the Center for Credit Union Innovation, and the Center for Credit Union Research at...