WASHINGTON - The following are some key points culled from the FFIEC's guidance on authenticating users online. NCUA is expected to release a Letter to CUs on the issue later this year. Secure password measures: * Six character passwords that are alpha-numeric can be more effective than the common four...
RALEIGH, N.C. - Thad Woodard, president, North Carolina Bankers Association accused credit unions of making it "abundantly clear the message.to Congress, state legislatures, federal and state regulatory agencies, and the public: `The rules don't apply to us.' " In his letter to the editor in the Aug. 20 issue of...
VOGELWEH, Germany and PORTSMOUTH, N.H. - What happens when you are a healthy credit union with satisfied members, and then a large number of your members disappear for reasons beyond your control? That is what happened to Service Credit Union (SCU) at its branch in Germany when troop reductions forced...
Oregon credit unions were proud of their accomplishments in the 2001 Oregon Legislative Session. When the session ended on July 7, we had accomplished what we set out to do - pass favorable member business loan legislation, and update specific sections of the Oregon Credit Union Act. We did this...
MIAMI - Tropical Financial CU seems to have pulled off what a number of forward thinking CUs across the country are trying to do - become the place members think of for non-traditional CU investment and insurance products. The CU was honored earlier this year by CUNA Mutual for becoming...
WEST PALM BEACH, Fla. - Convenience vs. security. That's the online grudge match CUs are fighting as they try to make their online services as convenient as possible for members, while maintaining a sufficient level of security. One area this battle is most evident is in authenticating members for online...
Credit union professionals and volunteers have a life outside their credit unions. That's just what Credit Union Times wants to highlight here in this new section which will attempt to show a bit of the personal side of those who make the credit union industry go.