Without question, one of the most significant congressional actions affecting America's credit unions was the 1% capitalization plan enacted by Congress back in July 1984 which helped make the National Credit Union Share Insurance Fund (NCUSIF) one of the strongest federal deposit insurance funds in America today. Like its counterpart...

Credit union representatives from 30 countries gathered in Killarney, Ireland June 1-4 for the World Council of Credit Unions' 2001 International Conference and Annual Meeting. For those credit unions that were unable to send representatives, here are some moments at the conference and Killarney that were captured by Credit Union...

* Founded in 2001 by Craig Lassen and John Silvia, former Cavion execs, * Offers IT security, specializing in intrusion detection, firewalls, and secure form servers, * Seven employees, * 15 CU clients representing $1 billion in assets, * "It's so funny really, there was no real intention for me...

HERNDON, Va. - NACHA has approved an E-Sign provision for its operating rules governing the ACH network. Under the new rule, e signatures that comply with the Electronic Signatures in Global and National Commerce Act will comply with NACHA's requirements for "similarly authenticating" a consumer ACH debit authorization. Currently, NACHA...

Wright-Patt Credit Union, Fairborn, Ohio, has named Tim Mislansky general manager of the Wright-Patt Financial Group; Joy Lisle personal financial advisor; and Richard O. Lung personal financial advisor. Commonwealth Credit Union, Sun Prairie, Wis., has named Andy Faust president/CEO. John Deere Community Credit Union, Waterloo, Iowa, has promoted Tina Hogan...

ONTARIO, Calif. - CO-OP Network, the largest electronic funds transfer network in the credit union industry, can now include Texas-based EDS Employees Federal Credit Union, First Community Credit Union and Indiana-based Ball State Federal Credit Union as the latest members of its network family. The Plano, Austin and Dallas credit...

Credit Union Times ran an excellent profile of U-Lane-O Credit Union CEO Gordon Hoerauf in the May 30 issue under the headline, "Gordon Hoerauf: CUs are a movement, not an industry." After reading this profile feature, I increased my appreciation of Hoerauf's many contributions to credit unions. His remarks also...

LENEXA, Kansas - U.S. Central Credit Union has officially broken ground for its new headquarters here. The building is expected to be 128,000 square feet. U.S. Central will occupy 75,000 square feet and lease out the remaining space. U.S. Central purchased 13 acres in the Renner Ridge Corporate Center in...