OLYMPIA, Wash. - Five months after it began the rulemaking process, the state Division of Credit Unions has finalized its rule increasing the rate of assessments and fees paid to the division by credit unions. The rule takes effect on June 23, 2001. It provides for three successive increases between...
ARLINGTON and FORT WORTH, Texas - When the spring sky darkens with boiling thunderheads, the wind picks up and lightning flashes across the horizon, the weather merits more than casual regard by the staffs of three Texas credit unions who remember the tornadoes that hit their offices March 28, 2000....
Exclusive coverage of The World Council of Credit Unions' 2001 International Conference and Annual General Meeting held in Ireland recently is found on pages 20-21. Credit Union Times' Overseas Correspondent Donna Lane Nelson was on-hand in Ireland to cover the event.
In a recent column (CU Times, May 2), publisher Mike Welch invited further explanation of the reasons and purposes behind Credit Union House. I'd like to take Mike up on that invitation and explain a little more about Credit Union House, where it came from, what it is and will...
NEEDHAM, Mass. - Those credit unions that have jumped to the leading edge and started offering wireless banking services will be pleased with the results of just-released TowerGroup research. The research shows that by 2005 the number of U.S. mobile payments users is expected to rise to 3.5 million and...
ONTARIO, Calif. - To help slow down the upward trend of check fraud, CO-OP Network, the largest credit union electronic funds transfer network, will offer a new fraud detection/prevention product -Deposit Chek. In less than ten seconds, Primary Payment Systems' Deposit Chek dial-up MICR reader can detect everything from lost,...
RANCHO CUCAMONGA, Calif. - Credit union best practices in indirect lending will be the focus of CU Direct's annual Auto Lending Symposium that will be held June 20-21 at the Flamingo Hilton in Las Vegas. At a luncheon on June 21, the company will recognize participating credit unions for having...
ST. PETERSBURG, Fla. - ePSCU, the e-commerce unit of PSCU, a credit/debit/EFT CUSO owned by 510 CUs, held its first-ever Internet Forum recently. Just a year old, ePSCU, which offers e-com products such as electronic bill payment, has 150 CU clients. "ePSCU is very much for real and here to...
KILLARNEY, Ireland - A historic moment doesn't always need to be earth-shattering. However, a quiet historic moment took place before the World Council of Credit Unions' 2001 International Conference and Annual General Meeting where 25 representatives from credit unions and co-operative banks sat down to discuss shared values, differences and...
WEST PALM BEACH, Fla. - Corporate credit unions throughout the country - large and small - are reporting that their credit union members are now starting to move money out of overnight accounts and into longer-term corporate investments. With the inverted yield curve present for most of 2001, short-term rates...