SYDNEY, Australia - The words "Best of Breed" echo through the halls of the Credit Union Service Corporation of Australia, Ltd. (CUSCAL). One of the ways they are trying to improve their service to members is a new check signature card imaging system. Over 1.1 million cards need to be...
OmniAmerican Credit Union, Fort Worth, Texas, has named David Pickney senior vice president of finance/ chief financial officer and Philip Taken general counsel. Oklahoma Federal Credit Union, Oklahoma City, has appointed the following officers to its board: Raymond Kerbo, chairman; Joe Sturges, vice chairman; Mickey Mass, treasurer; Charles Wright, secretary;...
E & A Credit Union, Marysville, Mich., has for the first time been recognized in two categories in The Buyer's Guide's "Best of the Best" Awards. E&A CU has been named not only Best Bank but also Best Financial/Investment Broker. A Buyer's Guide reader poll helped the $150 million credit...
WASHINGTON - The Federal Reserve chose not to wait for its next scheduled Federal Open Market Committee set for next month to cut interest rates. The Fed moved quickly in wake of the terrorist attacks, reducing rates by 50 basis points on Sept. 17, bringing the target for short-term interest...
In the aftermath of destruction many are driven by the need to help. Given the tremendous work ahead for CUs in New York and Washington, CUNA Mutual field representatives suggest that CUs contact their leagues to coordinate contributions. According to the American Red Cross, monetary donations are the best way...
NASHVILLE, Tenn. - After seven years of making field-of-membership expansion decisions based on policy procedures, the Tennessee Department of Financial Institutions is hopeful it will have a set of codified rules in hand by the end of the year. The state has had a Credit Union Act on its books...
WESTERVILLE, Ohio -The Association of Credit Union Internal Auditors has established a Contribution Relief Fund for the New York Credit Union Foundation. The funds collected will be used to provide financial and emotional support to the credit unions affected by the terrorist attacks that occurred on September 11. Donations can...
BOISE, Idaho -Database Management Services (www.homecu.com), an Internet banking solutions provider for credit unions, has made its HomeCU Internet banking solution available in an online, real-time version. The new solution, HomeCU Live, is in the final phases of testing at five separate credit unions throughout the country. According to DMS,...
JEFFERSON CITY, Mo. - Five months after the Missouri Bankers Association and Century Bank of the Ozarks failed in their first attempt to appeal the Division of Credit Unions director's decision to approve a field-of-membership expansion request from Springfield Telephone Employees Credit Union, the MBA and Springfield-area bank have filed...
NEW YORK-According to reports in the American Banker, Neil Levin, a former New York banking superintendent, was still missing Friday following the terrorist attack on the World Trade Center and presumed dead. Levin, 46, was serving as the executive director of the Port Authority of New York and New Jersey...