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WASHINGTON - Financial experts have been talking for years about the advent of the checkless society, but despite technological advances paper checks have remained a dominant form of consumer payment. Consumers still haven't entirely gone checkless, but new data collected by the Federal Reserve System suggest that in their effort...

SCOTTSDALE, Ariz. - Checking account mismanagement can set off a domino effect of hassles and financial hardship for consumers. eFunds has developed a Web site called "aboutchecking.com" that provides tips and tools on responsible checkbook management. Among the information the Web site provides: choosing the type of checking account that's...

BOSTON - TAWPI-The Association for Work Process Improvement-has released its 2001 Remittance Processing Study. Conducted by Global Concepts Inc., the report includes benchmarking data from 88 remittance processing sites and critical information in various related areas such as the current use and projections on e-commerce initiatives; image versus non-image; mail...

MADISON, Wis - Googolplex, an online publication for students published by CUNA, has a new feature looking at the history of the Umbrella Man, a symbol used to represent the credit union industry for nearly 40 years. The Umbrella Man was first drawn in 1923 by Boston Globe artist Joseph...

ATLANTA - It's been eight years since Credit Union Service Corporation (CUSC) made the first interstate share draft transaction ever performed by a credit union shared branch network, but CUSC's Chief Operating Officer Scott McCall remembers the details of the historic event as if it happened yesterday. The first transaction...

ST. PAUL, Minn. - Data shows an increased number of consumers using online banking to make purchases and pay bills, but Deluxe Corp., one of the leading checking print companies in the U.S. still managed to earn a record third quarter net income for the third quarter. The company also...

C & O United Credit Union, Edgewood, Ky., President/CEO Alla Holland has received the 2001 Frank Moore Outstanding Credit Union Professional Award by the Kentucky Credit Union League. Holland was recognized for her leadership and commitment to the credit union system for over 15 years on the local, state and...

I just opened my November 7th Credit Union Times and flipped to Mike Welch's weekly publisher's column. I didn't even need to read it. The headline, "Bite the bullet and split NCUA/NCUSIF," says it all. I agree with the headline 100%! Conceptually I don't have a problem with the two...