WASHINGTON-According to the Credit Union Legislative Action Council of CUNA's (CULAC's) reports of receipts and disbursements, the political action committee (PAC) is out-receiving and out-spending last year's numbers, which was an election year. Typically more funds flow through PACs during election years. Federal Election Commission (FEC) records show that while...

The recent publisher's column by Mike Welch, "Go West young man and form another new group," in the August 8th issue is way off target. The recently formed Credit Union Association of the West (CUAW) is not a merging of the leagues. It is a joint venture of the four...

NEW YORK - As the Fed is leaning toward "traditional e-mail" for financials to use in communicating with members/customers, a recently-released American Banker survey showed bank e-mail responses are usually too generic, or too late. In an admittedly informal survey, an American Banker reporter sent this basic question, "Do your...

SANTA ROSA, Calif. - Redwood Credit Union, the largest credit union in the North Bay and one of the largest CUs in the state with approximately $606 million in assets, has formed a new wholly-owned subsidiary - RCU Services Group. The CUSO will offer financial management/investment services and insurance products....

SAN FRANCISCO - Imagine giving your members instant online approval for an auto loan and auto insurance all in one shot - that functionality is being added to Patelco CU's online arsenal. The $2.2 billion CU has partnered with Esurance Inc., an auto insurance provider, to launch an integrated online...

NEW YORK - Wow. Credit unions are a force to be reckoned with online according to a recently-released Bank Technology News online banking report. Bank Technology News ranked the top 123 financial institutions in terms of number of online users -sixty of which were credit unions. The top 25 institutions...

PARIS - Laughter echoed through the dining room of the Meridien Hotel in Montparnasse when writer, British television personality and cricket wife Francis Edmonds gave a motivational speech. She cited credit unions as doing great work, helping people to help themselves, but she also drove home some core values. Edmonds...

SAN ANTONIO - Clarke American has earned TruSecure's seal of approval. The TruSecure certification means Clarke American's Net services were put through extensive security testing, including port scans and penetration testing. Clarke American offers an online check re-order service used by a number of credit unions. "Our TruSecure certification assists...