OAKLAND, Calif. - The City of Oakland has become the first city in California to pass an anti-predatory lending ordinance to protect consumers from deceptive and abusive loan practices. The Oakland City Council unanimously approved an anti-predatory lending ordinance on July 24. The ordinance is scheduled for a second reading...

I read Mike Welch's column in the July 25 issue, "NAFCU conference almost covers all the bases." It was so timely for my work with the Combined Council of Automotive Credit Unions. Their meeting is in September. I so agree with Mike's perspective in that everyone seems to skirt any...

PHILADELPHIA - Taking a cue from its 98,000 members, Philadelphia Federal Credit Union has formed a CUSO - PFCU Insurance Services, LLC - to offer its members insurance products. The unique aspect about the new CUSO is it's outsourcing the operations to Springfield, Massachusetts-based Banc Insurance Services Inc. to offer...

It said, right here in the June 27 issue of Credit Union Times that CUNA is about to break ground with a "free" (your quotes) e-book. But hey, it's been done! "How To Get More Members To Do More Banking With You!" (yep, the"B" word!) is already on the Web......

HERNDON, Va. - Participants in NACHA's Internet Secure ATM Payments (ISAP) Pilot have proven that consumer ATM/debit cards can be used on the Internet with transaction authentication and security that are comparable to point-of-sale purchases. The pilot successfully processed 598 transactions in which digital signatures substituted for personal identification numbers....

DES MOINES, Iowa and MELROSE, Minn. - The Principal Employees' Credit Union will change its name to Premier Credit Union effective September 1, 2001. According to PCU President/CEO Jim Niederhauser the new name will better reflect the credit union's diverse membership. The credit union's Web address will also change. There...

ALEXANDRIA, Va. - The NCUA Board has proposed a rule that would greatly expand who can be reimbursed when accompanying a federal credit union board official traveling on credit union business. Currently, the Federal Credit Union Act allows a board official and one "immediate family member" to be reimbursed for...

RANCHO CUCAMONGA, Calif. - The California Credit Union League's Shapiro Group is providing grants to small credit unions to help them complete or update their policies, and to hold strategic or scenario planning sessions. Under the policy assistance program, the Shapiro Group will reimburse CUs of up to $20 million...