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RICHMOND, Va. - DuPont Community CU, Waynesboro, Va. filed an application with the State Corporation Commission of the Bureau of Financial Institutions to expand its community field-of-membership that would increase the credit union's potential membership from about 109,000 to a total population estimate of 258,789. Specifically, the $324 million CU...

WEST PALM BEACH - Like a good game of chess, returning bonus dividends to members is a matter of thinking a few moves ahead. "Just because a credit union has lots of funds now, the credit union must think in terms of where it will be six months from now,"...

I just read an interesting article in the January 23rd issue of Credit Union Times regarding NAFCU Service Corporation's aspirations for a Preferred Provider Program that will be beneficial to NAFCU members. As a NAFCU member, I would appreciate such a program; however, as a past board member of our...

WASHINGTON-The House Financial Services Committee staff held a meeting January 24 with industry leaders regarding federal deposit insurance reform. Financial Institution Subcommittee Chairman Spencer Bachus (R-Ala.) is expected to introduce deposit insurance reform legislation this year. Financial Services majority staff has also been meeting with Senate Banking Committee majority staff...

ALEXANDRIA, Va. - If the number of credit unions and industry groups offering their input on revamping NCUA's investment activity rules are any indication, the scope of regulation may open up the doors for access to more heady instruments and greater flexibility. More than 40 credit unions and industry groups...

CALABASAS, Calif. - The aftereffects of the VIFI/Digital Insight merger were playing out fast and furious at press time. Here's what was known. VIFI's Indianapolis headquarters is being shutdown within six months. Also on the VIFI front, all of its 95 employees are being laid off. Termination periods range from...

FREMONT, Mich. - For the second consecutive year Gerber Federal Credit Union has rewarded members. Members received doubled dividend rates for the month of December for all share accounts, share draft account and "super six" accounts. So for example, super six accounts earned 8% instead of the standard 4% in...

OVERLAND PARK, Kansas - Corporate Network Brokerage Services has been approved as a registered sponsor of the National Association of State Boards of Accountancy National Registry of CPE Sponsors. What this long designation means most importantly to those familiar with CNBS Investment Institutes, is that attendees of the Institutes who...