ALEXANDRIA, Va. - NCUA deployed Region V examiners onsite here last week to three federal credit unions hit by the extensive flooding in Houston and 28 southeastern Texas counties. Many of the areas were declared federal disaster areas after thousands of businesses and homes were damaged or completely destroyed by...
I just finished reading through the May 23 issue of Credit Union Times highlighting corporate credit unions and was pleased to see Credit Union Times' thorough coverage of all that's happening in the corporate credit union network. I was especially taken with your editorial, "Corporates of today justify another look."...
YONKERS, N.Y. - If the pending bankruptcy abuse reform bill that would require those who are considering filing for bankruptcy to seek out debt management counselors passes, it may overwhelm "underfunded" consumer credit counseling agencies, Consumer Reports magazine said in a June 11 audio conference. Last year, an estimated 3...
PALM DESERT, Calif. - If credit unions missed the boat when it came to marketing to Generation Xers - as many industry observers have suggested - they now have a chance to launch an even bigger ship loaded with the opportunity to reach the future of the credit union movement....
AUSTIN, Texas - As credit unions in Houston began to assess the damages suffered as a result of torrential rains from Tropical Storm Allison that pummeled the area and counties in southeastern Texas last week, the state regulator said state-chartered credit unions in the area suffered varying degrees of damage,...
WASHINGTON - Federal Deposit Insurance Corporation (FDIC) Chairman Donna Tanoue resigned her position on June 11 via a letter to President George W. Bush. Tanoue's term had expired in October, and Bush announced in April that he intended to nominate Texas banker Donald Powell as the next chairman of the...
HOUSTON - There is a new team forming in the Electronic Funds Transfer network game. PULSE EFT Association and Brown Deer, Wis.-based TYME Corporation have signed a letter of intent to merge. The combined network will create an EFT system that will serve more than 3,300 financial institutions and includes...
WASHINGTON -CUNA lobbyists said they believe the Senate could complete its work on the education reform bill this week, which they hope will retain financial education language adopted last week. "We are hopeful that the youth financial education initiatives that we've been supporting will be part of the Senate bill,...
Mountain America Credit Union, Salt Lake City, Utah, has named Trish Weber Sugarhouse branch manager. Schools Financial Credit Union, Sacramento, Calif., has named, Tim Marriott vice president of consumer lending and Lisa Marchegger vice president of planning and corporate development. Farmers Insurance Group Federal Credit Union, Tigard, Ore. has appointed...
WEST PALM BEACH, Fla. - Gone are the days when a family could be depended on to care for the elderly at home. As life expectancies increase so do prolonged illnesses that may prove to be too much of a financial burden. Long-term care insurance is coming to the forefront...