In response to publisher Mike Welch's recent column on pet peeves, I have one of my own. My biggest pet peeve has to be the notion, within the credit union industry, that EVA-type measurement methodologies have no place within our organizations because "we are different from for-profit entities." I agree...
MADISON, Wis. - CUNA Mutual Group will begin sending out revamped retirement account statements this month to some 60,000 CU employees, or about 35% of full-time staffers in the nation's CUs. Most of the 60,000 retirement account holders are participants of 401(k) plans, with others participants in money purchase and...
NAFCU only has a staff of 56, but its 1,000 member CUs would never know it. NAFCU leaders say its staff strives to be responsive to all of its member CUs, taking a hands-on approach. Long-known for its regulatory and compliance expertise, NAFCU has been working on increasing its profile...
WEST PALM BEACH, Fla. - The past 18 months have been quite a roller-coaster ride for CU balance sheets. The story in 2000 was loan growth. Loans were up 11%, or about $30 billion, while shares increased just 6.3%, or $22.3 billion. This year the scenario is reversed. NCUA's 2001...
BATON ROUGE, La. - When John Milazzo arrived at Campus Federal Credit Union 16 years ago, there were three PCs in the whole operation, and they sat unused in a hallway. Now the Baton Rouge, La., credit union builds its own. That's just one example of the expanding role of...
JULY JULY 16-20 Lending Solutions' Rex Johnson's University of Lending, Crystal Lake Holiday Inn, Crystal Lake, Ill. For info: Marsha Wieder, 888-574-6572. JULY 12-13 Brick & Associates, Inc. "Strategic Conference," East Lansing Marriott, East Lansing, Mich. For info: 800-332-8188. JULY 15-25 CU Conferences' Credit Union Scandinavia/Russia Cruise Conference, Princess Cruise's...
Fort Lee Federal Credit Union, Prince George, Va., has awarded PWCampbell its design/build contract to renovate its main office. The facility will provide members with enhanced retail and drive-up services. In addition, the renovations will improve operational efficiency. Construction is expected to be completed by Spring 2002. Fort Lee FCU...
GLENDALE, Calif. - During its height of operation - with over 1,800 credit union clients - CUShopper looked like a juggernaut that would be a force in the credit union industry for years to come. Faster than its rise, the company plummeted out of existence. The company's business was based...
ALEXANDRIA, Va. - Most credit union people know all or some of the members of the NCUA Board, and many likely know who their Regional Directors are, but NCUA is much more vast than that. In this piece, NCUA, as an organization, is broken down by department. NCUA Board A...
WASHINGTON-A panel of industry officials told the Financial Services Subcommittee on Domestic Monetary Policy, Technology, and Economic Growth that the jury is still out as to whether the consumer consent clauses in the Electronic Signatures in Global and National Commerce Act (E-SIGN) are overly burdensome to industry. Most of the...