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ALEXANDRIA, Va.-In a lengthy meeting, the NCUA Board approved several key measures, including Reg-Flex and the budget, overhead transfer rate, and operating fee for fiscal year 2002. NCUA Chairman Dennis Dollar highlighted that this was the first time all three aspects of the budget were considered at the same meeting....

MADISON, Wis. - The CUNA Mutual Group Foundation has awarded more than $400,000 in grants. The nine recipients include the following organizations: United Way of Dane County in Wisconsin, $210,000; Waverly-Shell Rock Area United Way in Iowa, $11,300; United Way Mt. Baldy Region in California, $5,000; Worldwide Foundation for Credit...

ALEXANDRIA, Va. - Former NAFCU President and CEO Ken Robinson emerged from semi-retirement to attend the November NCUA Board meeting. While he admitted he was partially interested in the corporate waiver (See related story), he mostly came to see the familiar faces. Robinson wanted to congratulate NCUA Board member Geoff...

* 65 million transactions are being made by 24,000 payday loan outlets, costing 10 million American households $2.4 billion in fees this year for the two-week loans. * 19 states and two territories have laws that do not authorize payday loans, 25 states and Washington D.C. authorize payday lending, and...

OLYMPIA, Wash. - Citing chapter and verse of the Washington State Credit Union Act (WSCUA) that "grants Washington State-chartered credit unions the powers and authorities (powers) that federally-chartered credit unions (FCUs) possessed on December 31, 1993 or a subsequent date not later than July 22, 2001," the director of the...

Some CUs, vendors adjust military leave pay policies to assist their reservist employees. See story page 6.

ALBANY, N.Y. - Empire Corporate FCU is now offering CU members access to check images online via partnership with Empire's member CUs. Empire worked with Digital Insight to deliver check images over a secure connection to the Net banking systems of its member CUs. The CU can then offer image...

Earlier in the year, those of us in the marketing community were busily discussing the impact of our current branding campaigns, customer relationship management programs and the like. Here at First South, we were analyzing the results of our annual membership survey. The marketing department was particularly proud to note...