WASHINGTON-Assistant to President George W. Bush on Economic Policy Larry Lindsey wrote CUNA President and CEO Dan Mica thanking CUNA for a letter about the credit union movement in the U.S. and letting him know that the administration is very interested in credit unions' work in cross-border issues. "The President...
COLUMBIA, S.C. - Using telecommunications wizardry to accomplish the simplest of tasks, including getting to know one another, is the magic behind the power of an intranet. Intranet is more than just a buzzword. It's a powerful tool in the management arsenal of today's modern businesses, including credit unions. And...
BELOIT, Wis. - Tom Barnes favorite loans are for motorcycles - especially Harley-Davidsons. In 14 years as president of First American Credit Union of Beloit, Wis., he's had only one Harley repossessed. "We have lots of motorcycle loans," he said. "Once it gets around that you're a rider, that you...
SEATTLE - PEMCO Technology Services, a pass through processor, has partnered with STAR Systems to add ATM processing to its offerings. PEMCO will use STAR Systems' network gateway. Cards bearing the STAR logo are accepted at more than 200,000 ATMS and 800,000 POS locations. This latest move by PEMCO will...
WASHINGTON-Ellen Seidman announced her resignation from the Director of the Office of Thrift Supervision (OTS) last week, effective upon the confirmation and appointment of her replacement. "The agency, weak when I was appointed in October 1997 because of a five-year lack of a confirmed Director and constant concern over its...
* mutual funds & securities - 27% * cash-value insurance products (investment management accounts, trusts) less than - 10% (includes non-members) Use of retirement products by CU members * some form of retirement account - 6% * 401K - 49% * traditional IRAs - 45% * Roth IRAs - 10%...
MOON TOWNSHIP, Pa. - If it happens, the credit union will just have to change its focus, says Joseph Cirelli, president/CEO of the $564 million US Airways FCU here. Cirelli is of course talking about the possibility of US Airways ceasing operations and selling off its assets. That is now...
At 112 pages, the July 11, 2001 issue of Credit Union Times has set a new record for the number of pages in a single weekly issue. This issue will be distributed at the 2001 NAFCU Annual Conference and Exhibition. Interestingly, many of the issues in this publication's first year...
MADISON, Wis. - CUNA Mutual Group says it wants credit unions to think "strategic business partner" when they think of CUNA Mutual Group - a task that may be easier said than done. CUNA Mutual Group set out last fall to find out if it was at the strategic business...
COLORADO SPRINGS, Colo. - Janet Miller, the first woman to chair CUNA and the first woman to chair the Colorado Credit Union System, passed away Sunday, June 24 from cancer. Miller's credit union career began in 1959 at the Air Academy FCU, Colorado Springs as a part-time typist. Over the...