NEW YORK - New York City rescue workers busy working round-the-clock digging through rubble and putting their own lives on the line in hopes of finding survivors from September 11's terrorist attack have had enough on their minds - and not enough time - to think about going home for...
PORT OF SPAIN, Trinidad and Tobago - This country is two islands each with its own character. They are a paradise for tourists. However, for the credit union industry there, rumors are flying that their governing agency may change, according to Penelope A. Beckles, President of Eastern Credit Union Co-operative...
This issue includes a number of feature stories with a CUNA or NAFCU slant since it was slated to be distributed at CUNA's Annual Symposium and NAFCU's Congressional Caucus. Due to the cancellations of these much-anticipated events (see story on this page), this issue will unfortunately not make the rounds...
WASHINGTON-Financial Services Committee Ranking Member John LaFalce (D-N.Y.) announced that he is preparing legislation aimed at raising funds needed to respond to the terrorist attacks, which shook New York City and rattled the Pentagon two weeks ago. The legislation authorizes bonds to be issued to aid in recovery operations, humanitarian...
SAN ANTONIO, Texas - Created to protect financial institutions against loss of or damage to collateral on which they hold a lien, collateral protection insurance was intended to be a good thing. Texas credit unions, however, have only halfheartedly embraced this coverage because of a growing consumer trend toward class...
MOUNDS VIEW, Minn. - Liberty Enterprises has designated $5 per order of two special check styles to support disaster recovery efforts for the terrorist attacks in New York, Washington, D.C. and Pennsylvania. The checks will be available for sale by all of the company's nearly 5,000 credit union clients, as...
Community Choice Credit Union, Livonia, Mich., has named Ted Parsons executive vice president/chief operating officer. Affinity Plus Federal Credit Union, St. Paul, Minn. President/CEO Kyle L. Markland has been appointed chairman of the Saint Paul Area Chamber of Commerce Preparing Workforce Business/ Administration Career Council. In addition, APFCU has named...
ARLINGTON, Va. - NCUA 5300 call report data released by the agency and reported by the trade associations as collective data show a credit union industry characterized by increased deposits, growing membership, decreased loan-to-share ratios and delinquency rates. But separate the data by type of charter - state vs. federal...
Want to get the word out about your organization's 2002 meetings and events? Credit Union Times can help. Credit Union Times' annual Association Meeting & Events Calendar issue has become the industry's guide to credit union meetings and events. Many readers file this issue in a handy place, referring to...
WASHINGTON-Congressman John LaFalce (D-N.Y.), ranking member of the Financial Services Committee, and Senator John Kerry (D-Mass.), sent a letter September 18 urging President George W. Bush to take bolder, international steps to combat money laundering regarding the role of money laundering in financing terrorist acts. The lawmakers have introduced the...