Sept. 11 dawned as a beautiful day in Washington. Not a cloud in the sky, the air was dry and the temperature was expected to remain comfortable throughout the day. As optimistic as the day looked, so were many of us as we prepared to deal with issues before the...
NORTHVILLE TOWNSHIP, Mich. - What does a league do with nearly $26 million in capital it didn't expect to realize? That's the enviable dilemma the Michigan Credit Union League finds itself in as a result of the sale of its stake in the NYCE electronic funds transfer network. League President/CEO...
WASHINGTON-San Mateo Credit Union President and CEO Barry Jolette, CUNA vice chair and heir-apparent to the chairman's seat, does not believe in setting an overall theme if and when he does become chairman of CUNA. But, if you twist his arm, the one thing he would like to continue in...
WASHINGTON - On its face a "phantom" stock plan doesn't sound like something that would have much of a chance in the non-profit credit union industry, but as competition for CU execs becomes more fierce it and other like plans may become a compensation option considered by more credit unions....
Despite all the good that came out of the CUNA Renewal Project a few years ago, there still seems to be some confusion and outright disagreement over whether or not individual credit unions are direct members of CUNA, at least in the fullest definition of what membership actually means. In...
Redstone Federal Credit Union, Huntsville, Ala., has promoted Sheree Vaughn Kelley to assistant vice president of finance. Health Services Credit Union, Jacksonville, Fla., has named Keith C. Davis assistant vice president of lending.
TULSA, Okla. - Since being given the green light by the NCUA, federally-chartered Oklahoma credit unions have been able to cash nonmember checks for people stuck here due to the terrorist attacks on New York and Washington D.C. Don Klein, director of NCUA's region five supervision division, gave credit unions...
NEW YORK - With the sun shining brightly in Times Square last Tuesday, it was hard to reconcile the devastation that occurred in lower Manhattan earlier that morning when two planes crashed into the World Trade Center. "This is an emotional time and it is almost surreal," said Actors Federal...