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Much of what affects credit unions either starts or ends in the Washington, D.C. metropolitan area. CUNA's Washington headquarters are within D.C. city limits and NCUA and NAFCU are headquartered just outside the city in Northern, Va.. Of course Congress, where credit unions have become a lobbying force, is often...

My column in last week's issue was written earlier than usual in anticipation of being out of the office at deadline on a long-anticipated family vacation trip to the magnificent Canadian Rockies. The column left behind was intended to be a hard-nosed look at what really constitutes credit union membership...

SYDNEY, Australia - If people die in Australia without a will, the State will make the decision on how property is distributed. According to a recent study, the Credit Union Services Corporation of Australia, Ltd. (CUSCAL) discovered that four of every 10 people do not have a will. CUSCAL commissioned...

RALEIGH, N.C. - More than 1,000 check-cashing outlets here were recently ordered to stop accepting post-dated checks and delayed deposits for payday loan transactions as state lawmakers failed to reach a compromise that would satisfy both the check cashing industry and consumer groups. General statute 53-281 of the Check Cashing...

NAPERVILLE, Ill. - In what's becoming a familiar story in the credit union industry, another credit union has converted to a mutual savings bank. This time it's the $82 million Allied Pilots Association FCU. This marks the 19th CU to convert to a thrift, with the total amount of converting...

SYDNEY, Australia - Credit unions down under can crow as they read about a new study on financial service customer satisfaction. Not only are they highly rated, they are winning the battle. The research is done periodically by a group called Eureka. They report that only one in four customers...

Credit union credit card firms like Payment Systems for Credit Unions, Card Systems for Credit Unions and TNB Card Services have long been urging credit unions to stay in the credit/debit card game to take advantage of increased member loyalty and branding opportunities stemming from a strong plastic program. From...

SALT LAKE CITY - Credit union core processor Computer Consultants Corporation (www.cccorp.com) has announced that both its Mercury and Director 4 credit union information software systems are now fully compatible with Microsoft's new Windows XP operating system. New Mercury or Mercury-On-Demand users are free to choose hardware with either Windows...