Founded in 1932, Federal Home Loan Banks are privately-owned wholesale banks that were formed to provide low-cost funding to their financial institution members, similar to what corporate CUs do. FHLBs are geared to ensuring mortgage liquidity, however, unlike Freddie Mac and Fannie Mae they are not just a provider of...
WASHINGTON -The Occupational Safety and Health Administration (OSHA) has announced that it is seeking comments for a new ergonomics regulation. An ergonomics rule, passed by the Clinton administration and criticized for being overly vague and burdensome, was overturned by President George W. Bush shortly after he took office. Department of...
DALLAS - Bill payment just got a little easier for Unitrin Property and Casualty Insurance Group clients. With the click of a mouse bills can now be received and paid online at nearly 300 CheckFree-powered Web sites. Most personal lines customers of the following Unitrin P&C companies have the option...
ALEXANDRIA, Va.- NCUA is seeking comments for its five-year strategic plan for 2003 through 2008 from the public and the credit union community. Acting NCUA Board Chairman Dennis Dollar encouraged everyone to participate. Aside from gathering comments from credit unions and the general public, the agency is also requesting suggestions...
ALEXANDRIA, Va.-The NCUA has approved 214 community charter conversions as of March 31, 2001 for federal credit unions under Interpretive Ruling and Policy Statement (IRPS) 99-1, as amended by IRPS 00-1 and 01-1, according to recent information released by the agency. Still this number is relatively small compared to the...
KILLARNEY, Ireland - Over 100 Irish credit union leaders who were among the hundreds of delegates attending the World Council of Credit Unions 2001 International Conference and Annual General Meeting watched as one of their own, Gerry Foley, received the jewel of the office as Chairman of WOCCU from out-going...
ALEXANDRIA, Va.-According to a letter from Acting NCUA Chairman Dennis Dollar, the NCUA Board will consider a much talked about proposal to create a more flexible examination schedule for credit unions. The letter, addressed to NAFCU President and CEO Fred Becker, was in response to an earlier correspondence NAFCU had...
FARMERS BRANCH, Texas - As firsts go, last month's 12-League-sponsored live interactive Webcast on "Understanding Federal Account Insurance" lacked as much in hassle, drama and distraction as it offered in information. Consensus is that it left an inordinate amount of time for training, and provided very little of the traditional...
Credit Union Times' onsite coverage of the World Council of Credit Unions' 2001 International Conference and Annual General Meeting was provided by our Overseas Correspondent Donna-Lane Nelson. A native Bostonian, Nelson currently lives in Switzerland. Her most recent credit union employment before relocating overseas was with Digital FCU in Maynard,...
Glad to see Credit Union Times is planning to spend some time reviewing the competitive landscape credit unions face everyday with their new "News of the Competition" regular feature (CU Times, May 30). Frankly, it's about time. I see a strong need need for credit unions to focus on the...