HAMMONTOWN, N.J - "This is the first one I've seen in 24 years," said CUNA Mutual Vice President/ Associate General Counsel, Litigation Bob Konop referring to the Tri-State Armored Services losses. "There might have been other minor losses but not this large." So far, 56 credit unions and 72 banks...

TAMPA, Fla. - Good marketing doesn't have to be salesy, it can be educational too. GTE Federal Credit Union has gotten a jump on taking its members and staff back to school for an education- credit union style. The $819 million credit union has a new five-year strategic plan that...

ORLANDO, Fla. - As credit unions increase their fields of membership and provide members more remote points of access, the exposure to hackers also goes up. A CSI/FBI 2001 Computer Crime and Security Survey found that 85% of respondents detected a computer security breach, 64% acknowledged financial loss and of...

ORLANDO, Fla. - Fraud prevention successes at larger organizations means higher risks to smaller organizations. According to Pratt & Associates Fraud Service Manager John C. Askew, one key to lowering deposit account fraud is having less confidence in the status quo. "The first three letters in confidence says it all-con,"...

ORLANDO, Fla. - Credit unions need to pay attention to the fraud challenges faced by competitors. That was the overriding theme of this year's National Conference on Credit Union Fraud and Loss Prevention sponsored by Madison, Wisconsin-based Loescher & Associates, which specializes in credit union fraud and loss prevention. Today's...

ATLANTA-It's summertime and Georgia Federal Credit Union's platinum and classic VISA card portfolio is practically bursting at the seams. "The response to this simple promotion has just been phenomenal," said GFCU Vice President of Marketing Kim Wall. "We are very committed to our credit card portfolio, and really why would...

SOUTH PASADENA, Calif.- When Postal Employees Credit Union of Los Angeles went looking for a new name, it found one that really delivers- Priority One Credit Union. "Name changes don't have to be cumbersome and full of controversy," said Priority One Marketing Director Maggie Rios. "Planning and involvement of the...

PHILADELPHIA - Taking a cue from its 98,000 members, Philadelphia Federal Credit Union has formed a CUSO - PFCU Insurance Services, LLC - to offer its members insurance products. The unique aspect about the new CUSO is it's outsourcing the operations to Springfield, Massachusetts-based Banc Insurance Services Inc. to offer...