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CU Times Correspondent-At-Large WASHINGTON - The impact of the new individual retirement account rules which allow investors to contribute an extra $1,000 annually are competing with laws in several states. With passage of the Economic Growth and Tax Relief Reconciliation Act of 2001, investors can now contribute up to $3,000...

CUNA's News Now conducted an informal online poll during the week of Feb. 4 of which 98 CU respondents answered questions regarding whether there's been an increase in retirement planning inquiries from members since Enron Corp.'s troubles began. Here are some of the responses collected: Source for all charts: CUNA

ENGLEWOOD, Colo. - RSM McGladrey has completed a SAS-70 audit of Liberty Cavion. "One result of the auditor's recommendations is that we moved backup servers and alternate telecommunications from the Liberty data center in Minnesota to a `warm site' with a major telecommunications vendor in Englewood, Colorado," said Michael Provenzano,...

ATLANTA, Ga - The IRS, long seen by many Americans as a notorious and heartless agency, is seeking credit unions' help in an effort which could put more money in the pockets of low income and middle income Americans and bring more members to credit unions, particularly community development credit...

WASHINGTON - The federal government needs to change some of its policies to allow credit unions to offer greater credit union access to immigrants and fight money laundering linked to terrorism. That was the message John Herrera brought to the House Financial Services Committee's subcommittee on oversight and investigations. "I...

ALEXANDRIA Va, - CUSOs may not service loans made to credit union members by other, non-credit union, financial institutions, even when that servicing might be a convenience to credit union members, according to NCUA. In a February 5 legal opinion letter to 1st United Federal Credit Union in San Jose,...

AURORA, Ill. -Earthmover Credit Union has taken this month's paper hearts drive personally. All proceeds from the sale will go to the Donald Scott Hurst Benefit Fund. A local resident, Hurst was diagnosed with brain cancer at age 36. Since then he has had three brain tumor operations and is...

SAN DIMAS, Calif. - Those who want to send their personal best wishes to WesCorp President/CEO Dick Johnson, who announced retirement plans earlier this year, will get the chance at CUNA's upcoming GAC. WesCorp's Board is working on creating a videotape collage of personal greetings to Johnson. Attendees of GAC...