RSM McGladrey Inc. was created when McGladrey & Pullen sold its non-attest assets and business to H&R Block Inc. in August 1999. Under terms of the agreement, RSM McGladrey was established as an indirect, wholly-owned subsidiary of H&R Block. For regulatory reasons, McGladrey & Pullen LLP was maintained as a...

ORLANDO, Fla. - Fraud prevention successes at larger organizations means higher risks to smaller organizations. According to Pratt & Associates Fraud Service Manager John C. Askew, one key to lowering deposit account fraud is having less confidence in the status quo. "The first three letters in confidence says it all-con,"...

CANTON, Ohio - The Stark County Chapter of credit unions carried a lot of "hot air" during the Pro Football Hall of Fame Grand Parade here. About 40 credit union CEOs and employees maneuvered a 40-foot helium-filled Richie Rich balloon along the 2.2-mile parade trail. Balloon handlers wore polo shirts...

SAN DIEGO - From CUs jumping on the aggregation bandwagon to almost daily announcements of CUs offering wireless banking, the credit union tech scene is as trendy as it gets. CUSO Financial Services here may be kicking off a new trend - wireless brokerage. The CUSO, which has 58 CU...

WASHINGTON -Federal Reserve Chairman Alan Greenspan's personal financial holdings were valued between $3.1 million and $9.6 million at the end of last year, according to a federal financial disclosure report released Aug. 7. The Fed chairman also held between $650,000 and $1.5 million worth of Treasury bills in direct deposit...

WELLINGTON, New Zealand - When Police and Families Credit Union (PFCU) launched its online banking service called AccessOnline this month, 260 members used it in the first day. The response continues to grow. The new service allows members to check accounts, transfer funds between their accounts and family members' accounts,...

WASHINGTON-The Office of Management and Budget (OMB) penned a letter August 1 on behalf of the president warning that the White House prefers the House language regarding the homestead exemption to the more restrictive Senate version. The letter noted, "consideration of the Administration's views would be appreciated." "The Administration supports...

"Consumers, which all the consumer groups say, need to shop around." -NAFCU Communications Manager John Zimmerman regarding comparisons between bank and credit union fees. "NCUA should not be deciding whether a credit union should authorize a board member to bring a grandson rather than a spouse." -Acting NCUA Chairman Dennis...