CALABASAS, Calif. - In the traditional business world, being profitable is more of a given than an exception, but not in the dot-com world. It was pretty clear at the end of last year that Internet solutions firm Digital Insight, which has strong roots in the credit union industry, had...
LIGUNA NIGUEL, Calif. - Shortly after the World Trade Center in New York City was reduced to rubble, relatives and families of the victims began receiving telephone calls seeking information about those who died so that financial records destroyed in the terrorist attack could be reconstructed. The calls, as it...
ARLINGTON, Va. - The findings of NCUA's Deloitte and Touche study didn't hold any surprises for NASCUS. The study did what NCUA asked the accounting firm to do, said NASCUS officials. "Deloitte and Touche can't be faulted for their study's findings," said NASCUS Chairman James Forney, supervisor of credit unions...
WASHINGTON-The terrorist attacks of September 11 have left their mark, literally and figuratively, around the world. One area that may not initially seem so directly linked, but was very much affected, was credit union grassroots lobbying. According to CUNA Vice President of Political Action Richard Gose, the period between Labor...
Ticonderoga Federal Credit Union, regretfully announced the recent passing of President/CEO Edward Joseph LaRock. Described by many as an extraordinary visionary and dedicated leader LaRock also served many years on the Empire Corporate FCU supervisory committee. LaRock was 64 years old.
ELGIN, Ill. - Lending Solutions Consulting has named Brett Christensen, former chief sales officer of online lending firm APPRO Systems, as senior consultant. Prior to his position at APPRO, Christensen was President of the Loan Link Lending Center, a 24/7 lending call center. Loan Link was a State National product...
ALEXANDRIA, Va.-In what was billed as an historic event, NCUA held its first ever open budget forum November 1, permitting credit union and trade association input into the budget process for the first time. The credit union community was also invited to submit written testimony through November 7. The agency...
Competing in today's auto finance market has become more challenging than ever before. Recent events have forced the automakers to provide dealerships with stronger incentives to help them sell vehicles. Who Are The Competition? As the new models are introduced in the fall months of every year, so are special...
SUPERIOR, Wis. - For some poor parents, having a reliable car means being able to drop their children off at school or daycare so that they can go to work and stay employed. But often, spotty credit history and the inability to afford monthly payments are the biggest hurdles to...
WASHINGTON-Former New York Congressman Gerald Solomon (R), an original sponsor of the Credit Union Membership Access Act (CUMAA), died last week. He was the former chairman of the House Rules Committee. Solomon "will be sorely missed," NAFCU Senior Vice President and General Counsel Bill Donovan said. Donovan recalled that the...