HAMPTON, Va. - Langley Federal Service Corp. is throwing its hat in the tax service arena by purchasing Drumeller & Associates, Inc. Providing tax services since 1985, Drumeller & Associates will continue to operate under the same name, as a division of LFSC. LFSC, a wholly owned subsidiary of Langley...

ALEXANDRIA, Va.- In a legal opinion letter directly impacting CUNA Mutual's new employees sharing program, NCUA determined that federal credit union employees may work for CUSOs or other third parties selling nondeposit investment products to the federal credit unions' members. Also, if physical separation of the investment sales from the...

MOUNDS VIEW, Minn. - Liberty Online (www.libertysite.com), a provider of Web site development and hosting for CUs, has announced a number of product and service enhancements to its online products. Enhancements include more credit union access for content changes; and the addition of secure online loan applications and calculators for...

WASHINGTON-In a recent legal opinion letter, NCUA told Shay Financial Services that a federal credit union cannot purchase certificates of deposit from a Securities and Exchange Commission (SEC)-registered broker-dealer through an introducing broker who is not registered with the SEC or is not a depository institution. In writing its decision,...

EAU CLAIRE, Wis. - For the past 18 years Royal Credit Union has been redefining the work week by keeping some of its branches open even on Sundays. "Our branches with the highest activity are the ones that are open seven days a week," said RCU President/CEO Charles Grossklaus. Built...

YUBA CITY, Calif. - Where have all the credit union volunteers gone? That's the question a California volunteer group is asking in terms of volunteer representation on national and state credit union association governing bodies. "Basically there's a concern among a lot of board members and volunteers. When you look...

DUBLIN, Ireland - Two credit unions are sharing a cup, but not a cup of stout. This cup represents excellence and is awarded each year by The Irish League of Credit Unions (ILCU). Excellence is defined loosely, although it can refer to operational practices, outstanding member service to best business...

MALVERN, Pa. - Credit union data processor AFTECH had to work hand-in-hand with New York City's Municipal Credit Union and another CU to get the systems in Municipal CU headquarters, damaged in the terrorist attacks, back in operating condition. The credit union, just a few blocks from the World Trade...