WASHINGTON - The number of reported identity theft is on the rise. According to a semi-annual report, Suspicious Activity Report Activity Review-Trends, Tips and Issues, issued jointly by regulators and financial services trade associations, in 2000 between January and November 657 reports were filed citing identity theft, compared to only...

Fort Jackson Federal Credit Union, Columbia, S.C., has promoted Audrey Brown to assistant vice president of marketing and Robin Vaughn to Northeast branch manager. IBM Southeast Employees Federal Credit Union, Boca Raton, has named Alex Yarnall marketing/brand manager. Army Aviation Center Federal Credit Union, Daleville, Ala., has appointed the following...

There's a whole new set of systems, standards and hardware being used by more CU processors. Here's a look at some of them. * OFX - A uniform spec for exchanging financial data between financial institutions, consumers and other organizations over the Web. It was first created back in 1997...

SALEM, Ore. - A bill that updates the Oregon Credit Union Act by removing the $100,000 limit on CU member business loans and sets a cap to match the federal limitations, was signed into law by Gov. John Kitzhaber. H.B. 2775 received bi-partisan support from Republicans and Democrats in the...

WASHINGTON - Bradford Caldwell, executive director for the Campus Credit Union Council has been elected to the board of directors of The North American Students of Cooperation (NASCO). Based in Ann Arbor, Mich., NASCO represents student cooperative organizations in the U.S. and Canada. During the recent meeting of the board...

SAN JUAN CAPISTRANO, Calif. - Credit union consulting firm Counter Intelligence Associates (CIA) and NAFCU plan to team up once again to produce a live conference "Webcast" from NAFCU's 34th Annual NAFCU Conference and Exhibition. The conference and Webcast will be held from July 11 to July 14, 2001 in...

Dearborn Federal Credit Union, Dearborn, Mich., has named James Badge president of its Dearborn Financial Services investment and insurance services division. FORUM Credit Union, Indianapolis, has named Doug Sharkey assistant vice president of lending administration and Patrick Spencer business services manager. Seven Seventeen Credit Union, Warren, Ohio, has named Eric...

WASHINGTON-While many like to blame the government for the plummeting national savings rate, personal savings plays a major role. Since the 1960s, the personal savings rate has dropped from 8.3% to -0.1% in 2000, according to a recent study by the Government Accounting Office (GAO). To put these numbers in...