BEDMINSTER, N.J. - Affinity Financial Services President Mark Cochran is a big fan of diversity. In fact, it is the diversity and breadth of products and services offered by the four business units under the Affinity Financial Services CUSO umbrella that Cochran says allows the operational CUSO to ride out...

WASHINGTON - CUNA's Assistant General Counsel Jeffrey Bloch sent off a comment letter to the Federal Reserve Board at one time notifying the agency that it agrees with the Fed's proposed revisions to Reg Z, Truth in Lending, as a way to ensure fairness for consumers in lending and also...

MADISON, Wis. - Despite an unprecedented level of cooperation between Wisconsin's banking and credit union industries and broad bipartisan support, A.B. 299, dubbed the "Financial Modernization Bill," remains mired in committee, although banking and credit union representatives are still hopeful the bill will become law before the Wisconsin Legislature adjourns...

ARLINGTON, Va. - NASCUS President Doug Duerr and Chairman Jerrie Lattimore, administrator for the Credit Union Division of North Carolina, met with NCUA's two newest board members, JoAnn Johnson and Deborah Matz, on Feb. 1 and left feeling "encouraged by the immediate flexibility of both members to accommodate quality meeting...

JEFFERSON CITY, MO. - Credit unions may not have seen the end yet in the case involving the Missouri Bankers Association's challenge of the field-of-membership expansion approval granted TelComm Credit Union (formerly Springfield Telephone Employees Credit Union). For now though, after months of appeals filed by the MBA and Century...

WASHINGTON - The Treasury Department and the Internal Revenue Service (IRS) are encouraging taxpayers to use electronic filing opportunities to save themselves and the government a little green. The two groups pointed out that taxpayers filing electronically and opting for direct deposit get their refunds in half the time. Also,...

HALES CORNER, Wis. - The $1.2 billion Wisconsin Corporate Central CU said it is now offering Internet access to its image retrieval system. Access is available via the corporate's Web site, (www.wccu.com). Credit unions can retrieve images of cleared corporate checks as well as member share drafts. Credit unions can...

NEWPORT BEACH, Calif. - CUSOs - whether they be wholly or jointly owned - and credit unions should have the same primary goal, the members' best interest. The integrated model of CUSOs and credit unions cross-selling each other's services and being mutually focused on getting product information and services into...