MINNEAPOLIS-NCUA Board Member Geoff Bacino told a group at Liberty Enterprise's Marketing Summit to expect further challenges to credit union philosophies via courts at the state level. "Credit unions will probably see this strategy used in specific states around the country," he said. "Credit unions can't afford to rest on...

TAMPA, Fla. - CastleGarde, an information security consulting firm and Miami-based accounting firm Orth, Chakler, Murname & Company have teamed up to help credit unions comply with the NCUA's new Guidelines for Safeguarding Member Information. The guidelines, which took effect concurrently with the new privacy rule on July 1, require...

ST PETERSBURG, Fla. - Joining the wave of support for the victims of September 11, Payment Systems for Credit Unions, Inc. has donated $100,000 to the Credit Unions Rebuild America Fund. "The credit union industry and PSCU stand committed in helping the victims who experienced these horrible events. We are...

WASHINGTON-The number of credit card delinquencies is on the rise according to second quarter data from the American Bankers Association's (ABA's) latest Consumer Credit Delinquency Bulletin. During the second quarter of this year, 3.93% of credit card accounts were overdue, up from 2.99% in the first quarter of 2001 and...

BRISBANE, Calif. - O'Rourke Consulting, a part of RSM McGladrey, has partnered with the company and their parent company H&R Block to contribute $100,000 to the September 11th Fund. In addition, there will be a match of the personal contributions of all employees throughout the company - dollar for dollar...

* In the 11 years before her tenure, a total of $900,000 was distributed in grants. During Brownell's nine-year tenure, more than $7.7 million has been distributed; * Under her direction, the Community Investment Fund-the primary funding mechanism for local, state, national and international CU development-was launched; * Brownell was...

HERNDON, Va. - New rules from NACHA will permit consumers to make e-check payments over the phone. The rules, which went into effect Sept. 14, allow merchants, billers and government agencies to offer an e-check payment option over the telephone. It will be processed using the ACH network and will...

I was compelled to offer some of my thoughts on Mike Welch's column asking the industry to take a closer look at credit unions converting to thrifts (CU Times, Sept. 5) The problem with the thrift conversion issue is that the CUs which have done so, know why they did...