HONG KONG - The Asian Credit Union Forum 2001 will be held September 21-22 in Hong Kong. The two-day conference is sponsored by the Association of Asian Credit Unions (ACCU) and hosted by the Credit Union League of Hong Kong. The theme of this year's conference is the "Power of...
WALLINGFORD, Conn. - The corporate CU network as it's known has become more competitive in recent years according to many of its leaders, but cooperation is still alive and well - Constitution State Corporate CU is showing that. The $1 billion Constitution State Corporate CU formed SmartSource Solutions, a CUSO,...
CARSON CITY, Nev. - Gov. Kenny Guinn signed into law a bill supported by the Nevada Credit Union League that gives the commissioner of the Financial Institutions Division "wildcard" authority to grant state-chartered credit unions parity in their powers with federal credit unions. S.B. 330 was introduced by state Sen....
RALEIGH, .C. - Most people would like to drive a new, expensive car, but sometimes an expensive price tag isn't necessary or possible. For people like a new high school graduate, a college graduate and a new employee just starting out, all that's needed is a car to get them...
WASHINGTON-NCUA told UCF Federal Credit Union CEO Michael Murray that his credit union could perform mortgage servicing as a charitable contribution for an area chapter of Habitat for Humanity, as long as they stay within the parameters of the charitable giving regulation. However, because Murray is going to serve on...
DENVER - After a public hearing on Jan. 19, the Colorado State Financial Services Board adopted rules that amend five rules currently in effect concerning small groups, fixed assets, appraisals, director's policies, and reserves. The changes and deletion of language were meant to clarify the intent of the rules, make...
MADISON, Wis. - Payday lenders in Wisconsin are making in excess of $200 million in loans at an average APR of 542.2%, according to a study conducted by the Wisconsin Department of Financial Institutions (WDFI). The average loan amount is $246.19 with an average finance charge of $49.73 and an...
HACKENSACK, N.J.-Privacy and American Business and the Association of Corporate Privacy Officers plan to release two surveys this fall regarding corporate privacy officers (CPOs) and how the public perceives them. The studies will look into CPO's duties and salaries and measure how the general public fells about companies with appointed...
MIDDLETOWN, Pa. - Mid-Atlantic Corporate FCU has signed a mutual referral agreement with iSolaria, a financial software solution provider. The agreement calls for Mid-Atlantic to be presented by iSolaria as the preferred vendor for electronic bill payment (EBP) processing to credit union clients using iSolaria's Internet banking solution. Mid-Atlantic will...
SACRAMENTO, Calif. - This year's National Academy of Television Arts and Sciences Emmy Award in the Children/Youth Program division goes to a hit program that focuses on financial literacy for young people -Money Moves Jr., which was sponsored in part by SAFE Credit Union. Launched last year, the show paired...