WASHINGTON-Logistics Management Inc. (LMI) concluded that NCUA employs a "consistent and well-documented" budget process in making staffing and resource choices, according to CUNA, which funded the study. LMI did criticize the agency's lack of external oversight of the budget and added that the budget presentation format could be revamped to...
DENVER - It was called a credit union coup a year and a half ago when the $400 million Public Service Credit Union of Denver beat out banks the likes of BankofAmerica, KeyBanks and Wells Fargo to operate the ATM concession at Denver's sprawling International Airport. Has Public Service made...
MANCHESTER, N.H. - St. Mary's Bank has incorporated random acts of kindness to launch its latest checking campaign -Beyond Free. "We wanted people to know that our new Beyond Free checking accounts are so free, we pay members to have one," said St. Mary's Bank Vice President/Director of Marketing Mary...
RICHARDSON, Texas - There are a lot of credit union IT products built for credit unions, but few are built with a credit union's help during each step of development. That's what been happening here at Texans CU over the last two years. Not only did Texans CU change its...
WESTERLY, R.I. - John Hutchinson turned 80 in January and retired as president/CEO from Hamilton Sundstrand Federal Credit Union in Windsor Locks, Conn. more than 10 years ago, but this former NAFCU pioneer and credit union icon is still called on by industry notables for congressional testimony and expertise. At...
ALBANY, N.Y. - Legislation that would enact a revised Article 9 of the Uniform Commercial Code (UCC) and bring New York State up to par with other states is among the bills waiting Gov. George Pataki's signature. The revised UCC Article 9 creates a new statewide system for filing of...
WASHINGTON - College campus credit unions are getting the recognition they deserve. Kiplinger's August issue shines a spotlight on college credit unions and finds more students are choosing them as a way to beat bank fees. According to one student Jeremy Garver-Hughes, a senior at Kent State University he became...
It is annual conference time here at NAFCU, a time for taking stock of where we are as a community and where we are headed. As credit union leaders convene in Orlando to discuss the important issues facing our institutions, we need to keep in perspective what is possible for...
The NAFCU Annual Conference and Exhibition is going on this week in Orlando. What better time to reflect on NAFCU's strengths and weaknesses than when its entire leadership group and a large percentage of the group's members are all gathered together under one roof? One of NAFCU's biggest strengths is...
FITCHBURG, Mass. - The fifth grade class at J.R. Briggs Elementary School in Ashburnham Mass. has proved that reading really is fundamental by organizing their own book drive to benefit many programs within North Central Massachusetts. Wanting to encourage greater student involvement within their community, Workers Credit Union and fifth...