Think of it as a variation on the childhood "Rock, Paper, Scissors" game. Except in this game, not only are the stakes higher, but there is one clear victor that will defeat the other two participants: job cuts will override both rate cuts by the Fed and tax cuts to...
SEATTLE - NCUA's CAMEL system has been the most significant standard for rating credit union performance, but it's not the only system in CU town. An alternative "high performance" assessment model developed by Ward-Smith & Company measures a CU's operational effectiveness using an "accounts-per-member" formula. Based on data drawn from...
US Federal Credit Union, Bloomington, Minn., has raised $4,817.50 for the Children's Miracle Network in a three-month sale of Happenings Books, an Entertainment Fund-Raising coupon book. A $10.25 profit on each book went directly to the Credit Unions for Kids, which benefits the Children's Miracle Network and the Gillette Children's...
Your member's information must be protected! Recently, NCUA released their revised regulations to part 748, which becomes effective July 1, 2001. They made some significant changes that affect how a credit union should approach security, specifically, information security. These revised regulations will impact how credit unions approach, manage and monitor...
BELLINGHAM, Wash. - More than 450 residents of Whatcom County, in the Northwestern reaches of Washington state near the Canadian border, have spent most of their working years at the Georgia-Pacific Corporation pulp plant in Bellingham. On March 30, however, their world came crashing down. They were laid off with...
ARLINGTON, Va. - Keith Nolan has only been on the job for three months as the front man for NAFCU's for-profit subsidiary, NAFCU Services Corp., but the fledgling NSC president is eyeing up some big changes for this somewhat unknown entity. NSC's core offering is its Preferred Provider Program, which...
JULY JULY 8-19 CUNA & Affiliates CUNA Management School, Sellery Hall, Madison, Wis. For info: Deb Verdecchia, 800-356-9655, ext. 4249. JULY 9-12 Montana CU Network's Mountain Regional Credit Union Roundtable, Idaho Falls, Idaho. For info: Patricia Garvin, 406-442-9081. JULY 11-14 NAFCU's 34th Annual Conference & Exhibition, Orlando Marriott World Center,...
HOUSTON, Texas - If calamity is man's true touchstone, the Great Flood of 2001 has certainly tested the mettle of the credit union community here and throughout the state. Over a two-day period-June 9 and 10-Tropical Storm Allison caused massive flooding in more than 28 Texas counties near the Gulf...
DALLAS - Word is spreadin' like brushfire! A Mecca in Texas: three unlikely pardners-all sheriffs in the financial services industry-gangin' up, blazin' a trail, formin' a posse, and aimin' to ambush technology. Why, it's unheard of in these parts! Casting off those Lone Ranger masks, the Texas Credit Union League,...
JULY JULY 16-20 Lending Solutions' Rex Johnson's University of Lending, Crystal Lake Holiday Inn, Crystal Lake, Ill. For info: Marsha Wieder, 888-574-6572. JULY 12-13 Brick & Associates, Inc. "Strategic Conference," East Lansing Marriott, East Lansing, Mich. For info: 800-332-8188. JULY 15-25 CU Conferences' Credit Union Scandinavia/Russia Cruise Conference, Princess Cruise's...