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MADISON, Wis.- A Consumer Federation of America and Center for Economic Justice report finds that credit unions are the only financial institutions that consistently meet or surpass the minimum consumer benefit mark for credit insurance. The credit insurance industry minimum recommended by the National Association of Insurance Commissioners is a...

BALTIMORE, Md. - Now that the NCUA Board has approved Maryland's member business lending rule, the state Division of Financial Regulation is turning its attention to private insurance for the state's 11 credit unions. Maryland became the fourth state to have an NCUA-approved MBL rule. The agency approved the proposed...

SAULT STE. MARIE, ONTARIO- The grand opening of the Anishinabek Nation Credit Union is a historic moment that has been seven years in the making. Not only is it the first aboriginal financial institution ever chartered in the province of Ontario, but it is also the only credit union charterd...

TUKWILA, Wash. - Gary Oakland, president/CEO, Boeing Employees' Credit Union called the NCUA Board's rejection of the Petition for Rulemaking filed by the credit union "a major disappointment for the dual chartering system." Oakland said the effort by federally insured credit unions to create a more open and accountable system...

WEST PALM BEACH, Fla. - From the national media arena, to buses, more credit unions are opting to air the credit union difference in public. Good Day Philadelphia, a morning program which airs daily on the Fox network from 7a.m. to 9a.m. recently featured Philadelphia Federal Credit Union. As part...

BRISBANE, Calif. - It's that time of year again, time for O'Rourke Sacher & Moulton to recognize the "Best Practices" in credit union financial analysis and internal controls. This year's winners span a number of critical areas of credit union operations, said Tom Lent, partner with O'Rourke Sacher & Moulton,...

HOUSTON, Texas - CommonVision recently completed the development of VisionMonitor Interactive 2.0, an Intranet portal that it says is well-suited for credit unions. A free product download is available at www.visionmonitor.com. It allows aggregation of information to each user's desktop in a secure environment. Each user, group, or project team...

We're living in a new world that is changing at a record pace. Business plans that were strategically aligned with the marketplace just a few years ago may now be largely obsolete. Products that once made good business sense to offer are now being challenged by fierce competition and intense...