ONTARIO, Calif. - To help slow down the upward trend of check fraud, CO-OP Network, the largest credit union electronic funds transfer network, will offer a new fraud detection/prevention product -Deposit Chek. In less than ten seconds, Primary Payment Systems' Deposit Chek dial-up MICR reader can detect everything from lost,...
As the story on page 1 shows, CU mergers have been plentiful in recent years. Often times when mixed mergers occur (mergers between federal- and state-chartered credit unions), the surviving credit union chooses to maintain the state-charter. Here is a look at the breakdown of state and federal surviving charters...
ALEXANDRIA, Va. - Pentagon Federal Credit Union's assets just seem to keep on growing. Founded in 1935, PFCU has recently reached the $4 billion milestone. Pentagon Federal CU serves more than 432,000 members worldwide.
New Mexico Educators Federal Credit Union, has appointed the following employees: Tom Hagan, senior vice president of strategic marketing and development; Art Garcia, financial services district manager; Tony Dees, support services manager; Marlene Morse, training branch manager; and Eileen Fitzpatrick, central services manager. In addition, NMEFCU has promoted Becky White...
I'm not in the practice of writing to reporters about their work, but in this case, congratulations. Sarah Snell Cooke's story on Kathy Thompson, CUNA's senior vice president for compliance and legislative analysis (CU Times, May 23), was well done. I have known and worked with her for some time,...
Just got through reading Mike Welch's May 23rd publisher's column on corporates. Thanks for the good words. And thanks to Credit Union Times for the excellent special report taking note of corporate credit unions as a player in the industry. Sometimes I think that the corporate network is taken for...
KILLARNEY, Ireland - Over 100 Irish credit union leaders who were among the hundreds of delegates attending the World Council of Credit Unions 2001 International Conference and Annual General Meeting watched as one of their own, Gerry Foley, received the jewel of the office as Chairman of WOCCU from out-going...
Credit Union Times' onsite coverage of the World Council of Credit Unions' 2001 International Conference and Annual General Meeting was provided by our Overseas Correspondent Donna-Lane Nelson. A native Bostonian, Nelson currently lives in Switzerland. Her most recent credit union employment before relocating overseas was with Digital FCU in Maynard,...
Glad to see Credit Union Times is planning to spend some time reviewing the competitive landscape credit unions face everyday with their new "News of the Competition" regular feature (CU Times, May 30). Frankly, it's about time. I see a strong need need for credit unions to focus on the...
PALM DESERT, Calif. - Geoff Bacino, the newest appointee to the board of the National Credit Union Administration, is promising credit union officials a hands-off approach when it comes to how they run their financial institutions. "One question I've been asked more than anything else is, `What's your vision of...