While the Renaissance Commission attempts to justify the elimination of many qualities that make up the unique character of credit unions, CUNA President/ CEO Dan Mica sends a copy of the Commission Recommendations to each member of the Senate and House. At best the disclosure is premature and potentially damaging....
WASHINGTON - A report released by the American Association of Retired Persons finds that people age 50-61 view retirement as more of a lifestyle change. The findings are interesting in light of CUNA statistics that say 20% of the nation's CU CEOs are expected to retire in the next five...
PWCampbell, a design/build firm, has promoted Valerie Bray to interior design director. Southwest Business Corporation, an insurance, investment and mortgage loan service provider, has named Gary Linder vice president of the employee benefits division. Marketing Partners, a marketing agency, has named Heather Sylak marketing consultant. Assurant Group, an affinity marketer...
PORTLAND, Ore.- Portland Teachers CU (PTCU) considers its recently announced partnership with Portland Mortgage Company a natural. Portland Teachers CU, founded in 1932 and one of the state's oldest CUs, holds claim as the largest CU in Oregon, with assets exceeding $1.1 billion and more than 136,000 members. Portland Mortgage...
LOS ANGELES - Thirty years after it first set out to create a convenient, economical car buying service for credit unions and their members, Autoland celebrated its anniversary as the largest car buying service for CUs, representing more than 8 million members with over $270 million in vehicles sold each...
DENVER - As many as 30 Colorado credit unions could join that new credit union-owned trust company, organized by the Colorado Credit Union League, according to League officials. Douglas Burke, League senior vice president of network services, said "it may not be until the summer of 2002" until other CUs...
SAN FRANCISCO - Barry L. Jolette, CUNA vice chairman and president/CEO of the $420 million San Mateo Credit Union, Redwood City, is expected to move into the top elected post in CUNA later this month at the annual CUNA Symposium and annual meeting here. Jolette, a former NCUA regional director,...
MADISON, Wis. - Despite accusations that credit unions are losing their focus on serving the underserved, a recent study by the Filene Research Institute indicates that may not be the case. Based on an analysis of the Survey of Consumer Finances, an in-home survey of 4,309 households sponsored by the...
ALEXANDRIA, Va.-The NCUA Board released its key suggestions for regulatory relief contained in a letter to House Financial Services Chairman Mike Oxley (R-Ohio) last week. Oxley wrote letters to each of the federal financial institution regulators last month requesting recommendations for regulatory relief, which he is expected to parlay into...
MADISON, Wis. - CUNA Mutual Group is giving new meaning to the term "wearing two hats," and in the process may dramatically change the way credit unions meet their members' financial needs. CUNA Mutual has launched a new program that allows existing CU employees to offer members a select group...