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The appointment of a Renaissance Commission by CUNA is a forward looking management action; however, as reported in the July 11 issue of Credit Union Times, the output forwarded to the President of CUNA (Dan Mica) is a laundry list including many "visions" without evaluation, priority, weighing the relative sparseness...

Now that NAFCU's 34th Annual Conference and Exhibition is history, the organization's leadership group, staff, and members who attended the gala event in Orlando earlier this month have to be pleased with the outcome. Once again, NAFCU meeting planners put together a large conference that was thoroughly professional with excellent...

HARRISBURG, Pa. - Pennsylvania State Employees CU President/CEO Greg Smith says it's time for PSECU to share the wealth with the rest of the CU industry - its wealth of IT expertise that is. The $1.6 billion PSECU, long recognized for being a technology pacesetter, has formed a new IT...

Texas Credit Union League, Dallas, has held an awards ceremony to recognize the dedication and achievements of four outstanding professionals in the credit union movement. GENCO Federal Credit Union President Billy F. Spivey has been named the "2001 Texas Credit Union Professional of the Year" and Texaco Community Federal Credit...

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Recently, a well-known credit union economist stated that Fed rate cuts are good for credit union bottom lines because it increases the upward slope on the yield curve (a paraphrase). An examination of the graph exhibit shows a different reality. The chart shown here compiles Net Interest Income (NII) for...

MADISON, Wis. - It's not quite a doom and gloom scenario, but there's considerable concern in the industry about the number of credit union CEOs expected to retire in the next five years. CUNA Mutual says its new for-profit-like compensation product can give CUs another weapon in attracting and retaining...

Florida Commerce Credit Union, Tallahassee, has raised $4,615 for the 2001 March of Dimes during the WalkAmerica campaign. FCCU placed third in monies raised. With the help of credit union members, employees and volunteers sold special March of Dimes bean bag babies, paper sneakers, and solicited sponsor funds for the...