TALLAHASSEE, Fla. - State Sen. Kendrick Meek (D-Miami) and state Rep. Dorothy Bendross-Mindingall (D-Miami) introduced the "Florida Home Loan Protection Act," a measure they described as "the first step in saying to Florida and the banking industry that we will not allow the boundless abuse of those who are unable...
FARMERS BRANCH, Texas - Texas Credit Union League President Dick Ensweiler hosted a reception in his home January 31 for congressional candidate Scott Armey. Scott is running for the seat being vacated by his father, House Majority Leader Dick Armey. The congressman has represented the 26th congressional district of Texas...
NEW YORK - The National Federation of Community Development Credit Unions is taking its training on the road. Designed to increase the technical capacity of credit unions, Regional Business Planning Workshops have been launched nationwide. Developmental workshops offerings include Market Analysis, Financial Projections and Community Lending. Credit union staff and...
GLASTONBURY, Conn. - Open Solutions Inc. and Netkey, Inc. announced an alliance to allow OSI clients to offer an Internet banking delivery system with the ability to conduct business via self-service kiosks. OSI sees Web-enabled kiosks as a key delivery channel going forward, and so do many analysts. "Banks are...
ARVADA, Colo. - SunCorp Corporate Credit Union went from not having a share draft processing business to processing nearly eight million items a month when it acquired Rocky Mountain Corporate. Now it will double its output with the acquisition of the Colorado CU System's share draft business. Terms of the...
ATLANTA - South Carolina State Credit Union is the latest credit union to become a member and stockholder of the Federal Home Loan Bank of Atlanta. As a FHLB member, the credit union will have access to an additional source of low-cost funds for home financing and community development. It...
SCOTTSDALE, Ariz. - The American Credit Union Mortgage Association will hold its 2002 spring conference March 4-5 at the Renaissance Scottsdale Resort. Sessions held during the two-day program will look at the various issues and aspects concerning loan servicing, such as trends, options, a CUSO real estate loan servicing case...
ARLINGTON, Va. - NASCUS officials are in the process of completing an analysis of the response they received from NCUA to the Freedom of Information Act (FOIA) the association filed with the agency last year concerning the overhead transfer rate. In filing the FOIA, NASCUS asked NCUA to provide information...
NEW YORK - Cliff Rosenthal, executive director of the National Federation of Community Development Credit Unions, did his part in helping launch the new .coop domain name. Rosenthal participated in a .coop kick-off ceremony, "Live from New York", held at the office of 1st Rochdale Cooperative in New York City....
DALLAS - Participating in the Financial Institution Data Match program, credit unions along with other financial institutions in the state have helped the Texas Attorney General Office collect more than $1 million in back child support. The FIDM program is a national system of financial institutions operating in more than...