NAPERVILLE, Ill. - Small credit unions are getting a big boost from a shift of the Illinois Credit Union League Service Corporation's debit, ATM and credit card programs to an in-house computer system. Thanks to the upgrade, cuCash, cuCheck and Apollo programs, which have proven vital to small credit unions,...
WOBURN, Mass. - Digital FCU of Maynard, Mass. has selected the $1.2 billion EasCorp's check image archive and retrieval services to provide its members with online access of their checks via the credit union's home banking system. Digital FCU members will be able to view and print copies of their...
MADISON, Wis. - Credit union members, like most consumers, mistakenly think mortgage rates are tied to Fed fund rates, and like most consumers may be holding back applying for mortgages in the hopes that mortgage interest rates will continue to drop. That doesn't surprise CUNA's Vice president of Economics Mike...
WASHINGTON-Speaking to CUNA's Examination and Supervision Subcommittee, acting NCUA Chairman Dennis Dollar said that he would make the agency's budget process more open by holding a public hearing on the matter. Though not specifying a date, Dollar said the hearing would occur sometime in the fall. He said a hearing...
RALEIGH, N.C. to WASHINGTON-CUNA Communications Specialist Jennifer Gore recently took the ride of her life. Gore participated in the 330-mile Washington, D.C. AIDS Ride from Raleigh, North Carolina to the nation's Capitol. Gore had been training since March at 70-mile intervals. "I didn't own a bike until February," she admits....
Passage of The Electronic Signatures in Global and National Commerce Act (E-SIGN) was lauded by credit union trade associations for helping CUs do more business with members online. The Financial Services Subcommittee on Domestic Monetary Policy, Technology, and Economic Growth recently held hearings to determine if E-SIGN is overly burdensome...
CheckFree Corporation, a provider of financial electronic commerce services and products, has promoted Stephen Olsen to executive vice president and general manager of its electronic commerce division. TNB Card Services, has named Jan Dailey vice president and marketing manager. EDS, has named Dennis L. Stolkey GM North America president. PULSE...
CARSON CITY, Nev. - Here's a story of how legislative teamwork achieved in lightning speed, coupled with a quest to protect long-term interests of credit unions has paid off for the 12-state chartered CUs in Nevada. The story has a happy ending, indeed, for CUs following passage of a new...
Desert Schools Federal Credit Union, Phoenix, Ariz., has appointed the following officers to the board: John C. Fung, chairman; G. Frank Davidson, vice chairman; Michael J. Konen, treasurer; Arneida Miller, secretary; Janet Bioletto, director; Richard Johnson, director; and John F. Fung, director. In addition DSFCU has appointed the following officers...
WASHINGTON-Being open and including every faction of the credit union community in the information gathering process of the Renaissance Commission was extremely important according to commissioners. In determining the next step for CUNA's board, self-determination for credit unions appears to be the theme. According to Renaissance Commissioner Rosie Holub, president...