BEAVERTON, Ore. - Credit unions in Oregon always designate July as "CULAC Month" and use the event to focus on raising money to benefit the federal political action committee. This past July, CUs in the state surpassed their own expectations. Donations to CULAC topped $15,000 in July. Total donations were...

NEEDHAM, Mass. - A TowerGroup research report E-Service: A strong second lead for e-insurance finds that many insurers still lack the technology infrastructure to effectively service consumers online. With an estimated 70% of consumers using the Internet to research insurance companies and products, the report indicates this number will only...

WASHINGTON- According to the American Bankers Association (ABA) Deposit Account Fraud Committee, some questionable check publishing software manufacturers are not recommending the proper magnetic ink required to process checks in high-speed equipment often found at banks and retailers, causing hassles for consumers and businesses alike. Improper printing slows down the...

AUSTIN, Texas - After five years of working with the Texas Credit Union Division, Linette Poole, deputy commissioner has left to pursue an advanced degree in accounting. Poole's official last day was Aug. 31. Commissioner Harold Feeney said there are now 26 people working in his office, including 18 examiners....

WASHINGTON-For the second time this year, NAFCU met with Special Assistant to the President for Economic Policy Pippa Malmgren to emphasize the efforts of credit unions to the administration. Attending the meeting were NAFCU President and CEO Fred Becker, Senior Vice President and General Counsel Bill Donovan, and Director of...

RALEIGH, N.C. - GE Mortgage Insurance hopes to have the inside track to what its customers want. The company has added "Ask Us", an online information resource, to its Web site. Users can choose to chat online with an expert for immediate feedback; contact a sales person, underwriting specialist by...

DALLAS and CARMEL, Ind. - When leaders of FLS Services and Eldredge Corporations announced the companies were merging to form Allied Solutions early this year, they billed the deal as a way to gain economies of scale to compete with insurance powerhouse CUNA Mutual. So far, according to Allied Solutions...

AEDC Credit Union, Tullahoma, Tenn., has celebrated 50 years of service in Middle Tennessee. Founded by eight Arnold Engineering Development Center employees in 1951, what started as a one-room operation has grown to become one of the largest federally chartered credit unions. AEDC CU has $747 million in assets and...