New rules and regs passed at NCUA's July Board meeting are expected to have a major impact on FCUs. In this issue, Credit Union Times takes a closer look at these regs and other significant events of the July meeting. See pages 19, 20, 21.
San Antonio Federal Credit Union, Texas, has appointed the following officers to its board: Samuel Idrogo, chairman; Brigadier General, USAF, NC (Ret), Sue Turner as vice chairman; Franklin W. Burk, secretary; Richard Rodriguez, treasurer; Carlton W. Mertens, director; and Leslie J. A. Sachanowicz, director.
Subprime lending has provided many consumers with blemished credit histories with the key that opens the door to home ownership. But has this practice also inadvertently fostered the rise of a group of homeowners who are dissatisfied and mistrustful of the mortgage process? Read about this and other mortgage-related news...
DULUTH, Ga.- Georgia Central CU has appointed Allen Carver interim president/CEO. David Preter resigned from the post recently to become president/CEO of the $3.7 billion Mid-States Corporate FCU. Carver recently retired from a 33-year career with NCUA. During his tenure with NCUA, Carver served as Regional Director in Atlanta and...
* Formerly South Dakota Corporate FCU (name change occurred this March), * The nation's smallest corporate with $100 million in assets * Serves 62 CUs in South Dakota. * FOM: Recently expanded its FOM to be able to present check imaging, item processing and service bureau DP in the Fed's...
Massachusetts Credit Union League, Southborough, has appointed the following officers to its board: Worcester Credit Union President Karen E. Duffy, chairman: Unified Federal Credit Union President/Treasurer Leonard Greene, first vice chairman; Metropolitan Credit Union CEO Robert M. Cashman, second vice chairman; Western Mass. Telephone Workers Credit Union President Paul C....
ATLANTA - Payment Systems for Credit Unions has been named a premier certified partner of e-bill pay/presentment firm CheckFree. As a Premier Certified Partner PSCU can offer its credit union members tighter integration with CheckFree's distribution and payment services to speed their billers' time to market, according to the two...
Rogue Federal Credit Union, Medford Ore., has appointed the following officers to its board: Dixie Reynolds, chairman; Lt. Tim George, secretary; Philip Meager, PhD, director; and Louise Bogard director. Washington State Employees Credit Union, Olympia, has named Tristram Coffin President/CEO. Denali Alaskan Federal Credit Union, Anchorage, has named Michael Brogan,...
THORNDALE, Pa.- For members trying to figure out what to do with their tax refund checks, Citadel Federal Credit Union offers a solution-a high yield certificate of deposit. CFCU has created a 6% annual percent yield CD with a maximum deposit of $600 for 600 days. Consumers must bring in...