Search Results

ALEXANDRIA, Va.-The start of 2001 began with some excitement for NCUA with the resignation of one chairman, the appointment of another, and then the swearing in of a president from a different political party. Despite all the changes, the agency remained stable. NCUA Board Member Yolanda Wheat, a Democrat, was...

WASHINGTON - CUNA, as promised, has sent off a letter to Federal Reserve Gov. Edward Gramlich urging the agency to amend its "Truth in Lending" Reg Z rules to require auto manufacturers to disclose more information to consumers in 0%, or other below market rate financing offers. "When automobile finance...

WEST PALM BEACH, Fla. - It was a great year to be covering corporate credit unions. From mergers and new technology to an amended corporate reg, corporates generated hordes of news in 2001. As a reporter, I have no opinion on their individual successes or failures, but here are some...

WASHINGTON-Credit unions are catching the eyes of lawmakers and possibly the Small Business Administration (SBA) regarding the role they can play in providing services to small businesses in need following September 11. SBA Administrator Hector Barreto was recently questioned during a hearing of the House Small Business Committee, "90 Days...

TUKWILA, Wash. - Some state credit union representatives would call the overhead transfer rate issue a volcano waiting to erupt, and that's exactly what happened in 2001. The explosion was tripped by the NCUA Board's decision in its Oct. 19 2000-meeting to raise the OTR for 2001 to 66.72% from...

Peter Leong didn't join the credit union industry until late in his career, but what he was able to accomplish in 15 years is marveled at by many. Page 34.

Indiana Members Credit Union, Indianapolis, has granted special service awards to four employees whose combined years of service totals 100. The recipients are as follows: Assistant Vice President of Human Resources Monique Krider, 25 years; Vice President of Information Services Diedra Dunagin, 20 years; Assistant Vice President of Credit Union...

SECU, Baltimore, Md., has recently celebrated its 50th anniversary. With more than $1 billion in assets and serving over 215,000 members, SECU commemorated the anniversary by running a loan sale with a rate of 5.0%. Over the years SECU has been building member conveniences with such services as Internet Home...