JEFFERSON CITY, Mo. - The Credit Union Commission has scheduled November 28 for the briefing of the Missouri Bankers Association's appeal of the director of credit unions' field of membership expansion approval for Educational Employees Credit Union in Bridgeton. Director John Smith approval of EECU's application to expand its FOM...
* Assets: $72 million * Members: 14,500 * Employees: 31 full-time, two part-time * Established: Originally chartered as Port Authority of New York and New Jersey FCU. Changed name to XCEL FCU in 1993. * President/CEO: James Wisnieski: "One thing I've learned from all this is how resilient my staff...
CHARLESTON, S.C.-Speaking to the National Association of Community Credit Unions, NCUA Chairman Dennis Dollar told the group that NCUA has received the long awaited Deloitte and Touche study of the agency's overhead transfer rate setting process. According to Dollar, the CPA firm found few errors in NCUA's calculation method and...
MINNEAPOLIS, Minn. - Datacard Group, a smart card solutions provider, has shipped its 800th smart card personalization module. According to Datacard Vice President Bob Beer, the module provides card issuers with secure, high- speed smart card personalization capabilities, which can be used for a variety of applications. "Clearly, the smart...
EAST HARTFORD, Conn. - American Eagle FCU, the largest federal credit union in the state with $670 million in assets and more than 105,000 members, has merged with Kaman Employees FCU, $13 million in assets and 4,000 members. The combined credit union will be called American Eagle FCU. Bill Dokas,...
NEW YORK - In advertising and public relations, it's called the FUD motivator - fear, uncertainty and doubt. Shortly before the events of September 11, Peter Francese, founder of American Demographics magazine, wrote an article predicting a coming boom in second-home ownership. That surge, he indicated, will be driven by...
PLYMOUTH, Mich. - Credit unions in Michigan are responding to a request from state gubernatorial candidate David Bonior to find ways to expand credit union services into areas of the state deficient in financial services. Bonior, currently a congressman from suburban Detroit, announced in August that one of the foundations...
ALEXANDRIA, Va.-The NCUA Board determined during closed session by a vote of two to one, Board Member Wheat voting nay, that an accounting firm performing an audit for now liquidated UFCW District Local One Federal Credit Union could not receive payment in addition to what it already received from the...
aCORPUS CHRISTI, Texas - Just a few weeks after it was approved to convert from a federal to a state charter, Corpus Christi CU has filed an application with the state Credit Union Division to expand its field-of-membership to include five counties with a total population of nearly 475,000. The...
BEAVERTON, Ore. - First Technology CU here recently hosted several Open Financial Solutions, Inc. credit union executives to view a live demo of the open financial exchange (OFX) functionality integrated with its middleware product, MemberBridge Server. MemberBridge Server is a translation gateway that allows rapid integration of IP-based connection channels....