WASHINGTON-Senator Harry Reid (D-Nev.) filed a motion to proceed with the bankruptcy reform legislation (S. 420/H.R. 333) conference to iron out the differences between the House and Senate bills last week. This should make way for the naming of conferees any time now, but opponents have other plans. Senator Paul...
MAITLAND, Fla. - According to a recently released Star Systems survey, about 50% of Web shoppers would spend more online if new security technologies were in place. Approximately three-quarters of respondents said they shop online, but worry about security, and one-third of them said they limit their online purchases because...
WASHINGTON-The American Bankers Association (ABA) sent a letter to each member of the Senate and House of Representatives slamming CUNA's Renaissance Commission report and subsequent letter to the Hill. According to the bankers, the Commission's report flies in the face of congressional intent and the ABA renewed its call for...
WEST PALM BEACH, Fla. - With more credit unions selling their credit card portfolios for what they say are business reasons, and players such as mega banking giant MBNA - the world's largest credit card issuer - getting into the CU card portfolio acquisition game, CU card professionals are questioning...
Let's face it-life is a gamble. Help your credit union members see the wisdom of payment protection We all take risks every day, whether we know it or not. Accidents can occur while driving, flying or working in our job. Just as smart gamblers cover their bases to make sure...
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...
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...
WALLINGFORD, Conn. - Noreen Lagasse, item processing manager for the $1 billion Constitution State Corporate CU here, has been appointed Secretary of the Connecticut Clearinghouse Corp. The CCHC promotes the exchange of operational data, the exchange of operating procedures, and helps educate its member depository institutions in Connecticut. Lagasse has...
* 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%...