MADISON, Wis. - Corporate credit unions can now look to CUNA Mutual Group for investment options. CUNA Mutual says it wants to help corporates attract some of the $50 billion or so that is invested by natural person CUs outside of the corporate CU network with its new CUNA Mutual...
WEST PALM BEACH, Fla. -To sell or not to sell a credit card portfolio-that is the latest question facing more and more credit unions. All sides generally agree that certain factors such as the liquidity crunch credit unions faced toward the end of 2000 and the change in the competitive...
Anyone involved with credit unions knows how the entire banking industry feels about credit unions, right? Not necessarily. The very largest banks, for example, could care less about credit unions. Credit unions as an industry and individually are small potatoes and are not worth bothering with, at least in the...
Don't miss an exclusive opinion on the NCUSIF from NCUA Acting Chairman Dennis Dollar on page 16 of our special report. Also, with the 2001 insurance industry focusing on innovation, pages 14-15 offer a potpourri of what's new in insurance offerings.
San Antonio Federal Credit Union, has promoted the following employees: Debra Frick, assistant vice president of real estate lending; Lesa Jay, assistant vice president of indirect lending; Brad Jones, assistant vice president of information technology; Steven Lindsey, assistant vice president of financial services; Richard Parr, assistant vice president of indirect...
KILLARNEY, Ireland - If the saying "misery loves company" is true, then credit unions can take solace-albeit small solace-from the fact that predatory lending is not just a problem plaguing U.S. consumers, it's pervasive worldwide. Just how widespread predatory loan practices and other fringe banking abuses are throughout the world...
SAN ANTONIO - Southwest Business Corporation has announced a strategic alliance with SecureInfo Corporation, a global provider of CyberSecurity services and products, to enhance its risk management services. "This alliance with Secure Info is part of an overall strategic plan we have designed to enable SWBC to provide our clients...
Looking back three years ago finds both bank and credit union PAC contributions soaring. The actual 1998 numbers through April 1998 for the CU PACs totaled $242,786, including $203,875 from CULAC, $18,029 from NAFCUPAC (through March only) and $20,882 from CCULPAC. "To an extent, this is a chicken-and-egg thing," said...
MADISON, Wis. - Three CUNA Mutual Group executives spent a week in China recently where they visited with Chinese officials about the possibility of CUNA Mutual providing insurance for China's credit cooperatives. The CUNA Mutual execs included President/CEO Mike Kitchen; Ralph Swoboda, vp of international affairs; and Lon Sprecher, head...