ENGLEWOOD, Colo. - RSM McGladrey has completed a SAS-70 audit of Liberty Cavion. "One result of the auditor's recommendations is that we moved backup servers and alternate telecommunications from the Liberty data center in Minnesota to a `warm site' with a major telecommunications vendor in Englewood, Colorado," said Michael Provenzano,...
WASHINGTON - The federal government needs to change some of its policies to allow credit unions to offer greater credit union access to immigrants and fight money laundering linked to terrorism. That was the message John Herrera brought to the House Financial Services Committee's subcommittee on oversight and investigations. "I...
ALEXANDRIA Va, - CUSOs may not service loans made to credit union members by other, non-credit union, financial institutions, even when that servicing might be a convenience to credit union members, according to NCUA. In a February 5 legal opinion letter to 1st United Federal Credit Union in San Jose,...
AURORA, Ill. -Earthmover Credit Union has taken this month's paper hearts drive personally. All proceeds from the sale will go to the Donald Scott Hurst Benefit Fund. A local resident, Hurst was diagnosed with brain cancer at age 36. Since then he has had three brain tumor operations and is...
SAN DIMAS, Calif. - Those who want to send their personal best wishes to WesCorp President/CEO Dick Johnson, who announced retirement plans earlier this year, will get the chance at CUNA's upcoming GAC. WesCorp's Board is working on creating a videotape collage of personal greetings to Johnson. Attendees of GAC...
WEIRTON, Va. -Steel Works Community Credit Union is helping Ohio Valley workers through rough financial times. Over the past few months workers here have been experiencing a reduction in wages and/or work hours. SWCCU has offered assistance to these members with existing loans to help lighten their financial load. "We...
ARLINGTON, Va. - NASCUS officials have rolled up their sleeves and put their heads down to wade through and complete an analysis of the wealth of information they received from NCUA in response to the association's Freedom of Information Act (FOIA) request for documents "related to the completed Deloitte &...
WASHINGTON - An anti-predatory lending measure designed to replace an earlier suspended law to curb mortgage lending scams won a first vote by the D.C. Council. A second required vote will take place later this month. An earlier predatory lending measure was passed in December 2000, but it was suspended...
ROCHESTER, N.Y. - On-time mail delivery might have always have been guaranteed, but unfortunately over the years the same could not have been said for the membership growth of Rochester Postal Employees CU. Nearly three-quarters of a century after it was chartered to serve employees of the city's postal service...
DANVILLE, Pa. - Service 1st Federal Credit Union is helping out area students and its auto loan portfolio through a partnership with the Columbia-Montour area Vocational/Technical School. Through the agreement, the credit union provides funds to the school to purchase a used/salvaged car and the parts necessary for the students...