CAMBRIDGE, Mass. - A new Technographics Report from Forrester Research, Inc. finds that consumers with investable assets of at least $1 million are confident about the economy and market, secure in their wealth and optimistic about technology. As a result, Forrester recommends two approaches to reach those consumers - breeding...
WASHINGTON-Prior to the August congressional recess, Congressmen Joe Barton (R-Texas) and Edward Markey (D-Mass.) reintroduced a bill requiring financial institutions to obtain consumers' permission before sharing their personal financial information with other companies. The bill is identical to one introduced last session that never got off the ground. Lobbyists from...
The Golden 1 CU, Sacramento, Calif., has named Bill Boffi vice president of information technology. SAFE Credit Union, North Highlands, Calif., has named David Pope vice president of information technology. MaPS Credit Union, Salem, Ore., has named Travis J. Young relationship development manager. Simpson Community Federal Credit Union, has named...
NAPERVILLE, Ill. - Corporate credit unions are meeting more and more of their member credit unions' online needs. The $3.7 billion Mid-States Corporate FCU announced recently that it would be offering online bill pay for its member CUs to offer their members. Mid-States is using eBP MemberPay, the bill pay...
LONDON, England - A debate before Parliament put the case for credit unions strongly before the House of Commons, including a central services organization, which is a pet project of the Association of British Credit Unions (ABCUL). The debate was introduced by Gareth R. Thomas, Labour and Co-op member for...
WASHINGTON-The Senate passed its version of the Veterans Affairs, Housing and Urban Development, and Independent Agencies (VA-HUD) Appropriations bill, which contained $20 million more in funding for the Community Development Financial Institutions (CDFI) Fund than the House. The Senate's bill approved a borrowing authority for the Central Liquidity Facility (CLF)...
Kirk Cuevas takes the leap. Cuevas, chief of staff and counsel to NCUA Acting Chairman Dennis Dollar, tied the knot Saturday, August 4 in his hometown of Gulfport, Mississippi. In the wedding, other than the blushing bride Alicia Malch, was Dollar as the best man, and Cuevas' brothers Korey and...
PASADENA, Calif. - Wescom Credit Union believes that consumers should be given a second chance to prove they can manage a checking account even if their track record is blemished. The $1.9 billion-credit union is participating in e-Funds' pilot of the company's "Get Checking" program because, says Jane Wood, senior...
WASHINGTON-CUNA is polishing up the efforts of its Partnership Committee for battle on three major credit union fronts. Upon renaming the CUNA System Planning Committee as the Partnership Committee, the group and its member organizations have targeted three major initiatives for the coming months: to help credit unions build political...
ALEXANDRIA, Va. - Pentagon Federal Credit Union (PFCU) has become the newest sponsor of the Military Times Media Group which consists of the Web sites Army Times.com, Navy Times.com, Air Force Times.com and Marine Corps Times.com. The third largest credit union in the nation with $4 billion in assets and...