Search Results

The economic fallout from the September 11 tragedy continues to make headlines and have ramifications for credit unions. Sharing page one are troubling stories of a depressed stock market, massive layoffs, job losses caused by increased security (the elimination of curbside check-in, etc.), and greatly curtailed leisure and business travel...

ALEXANDRIA, Va.-Aside from the sticker shock of the cost of living difference between Mississippi and Northern Virginia, NCUA Chairman Dennis Dollar was happy to take on his responsibilities at the agency. As of September 13, Dollar was designated chairman of the NCUA Board by President George W. Bush with even...

VALLEY FORGE, Pa. - USERS didn't let the terrorist attacks stop it from putting on its annual EdCon Conference and doesn't plan on changing any business practices, travel or other, because of them. "Our folks have been traveling since the week of the disaster. It has to be business as...

ST. PAUL, Minn. - Deluxe Corp. is donating $1 for every order of its "Forever Free" consumer checks and "American Spirit" business checks to the American Red Cross Disaster Relief Fund. In addition to this donation effort, Deluxe contributed $50,000 to the American Red Cross Disaster Relief Fund. The company...

VIENNA, Va.-Navy Federal Credit Union announced that it anticipates contributions from members, employees and companies to its disaster relief efforts related to the September 11 tragedies will top $500,000. As of September 26, Navy collected more than $200,000 from members via the Internet, walk-in, mail, and phone contributions. Navy Federal...

WASHINGTON-Prior to attacks, credit union lobbyists were very optimistic for the future of the bankruptcy reform legislation, but now nonessential items before Congress have been pushed into the background. According to recent reports from CUNA's lobbying team, Congress will probably adjourn mid-October, following the passage of legislation related to the...

WEST PALM BEACH, Fla. - To fly or not to fly? As many Americans are asking themselves that question, credit union organizations are preparing to serve an industry that takes to the skies less often. Not all are ready to dump their frequent flyer miles just yet. Take Les Muma,...

WASHINGTON - If there is such a thing as there being a good time for an economic slowdown, CUNA Economist Mike Schenk says the softening economy the country is going through now "couldn't have happened at a better time for credit unions." Nobody of course-Schenk included-wishes for economic prosperity not...