Search Results

I wholeheartedly agree with Richard Johnson, president/CEO of WesCorp, regarding his letter in the June 6 issue of Credit Union Times in which he questions why so many credit unions invest outside our own corporates. Volunteer Corporate CU (our corporate here in the beautiful state of Tennessee), is run by,...

WEST PALM BEACH, Fla. - Take a high rate of home ownership, made possible in some cases by liberal programs intended to help people into their first homes. Combine with a sluggish economy and rising unemployment. The result, according to some observers, is a recipe for rising mortgage delinquency. The...

WASHINGTON - Even before he began speaking, the title of Professor Lawrence White's report-"Caught in a Regulatory Vise: The Peculiar Problem Faced by Federally Insured State Chartered Credit Unions"-hinted at the key finding of his study: the regulatory structure of the NCUA and the NCUSIF is not only placing the...

SANTA MONICA, Calif. - Vertical Innovation, a credit union Internet solutions provider, has released its third portal product designed specifically for credit unions. The Silver level portal is aimed at small and mid-size CUs looking to establish a cost-effective portal presence, said Vertical Innovation. It includes a private label portal...

In reading your June 6 article on "Will handheld banking grow beyond niche into mainstream use?" I found, as I hope many did, a balanced article containing arguments from both sides of the question. However, I was surprised and somewhat disappointed as to the source of the negative remarks, as...

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...