OVERLAND PARK, Kan. - The U.S. Central Board has approved $15 million in capital for its Corporate Network eCom subsidiary. According to U.S. Central, the commitment was based on member feedback calling for more options in the realm of bill payment. Corporate Network eCom has two core products: Member Gateway,...
Chartway Federal Credit Union, Virginia Beach, Va., has raised more than $16,000 for the American Cancer Society. This year, more than 60 employees participated in the 1st Annual Elizabeth River Relay for Life. In addition, since January, employees started organizing fundraisers that included doughnut and bake sales, raffles, silent-auctions and...
VANCOUVER, B.C.- Two of the largest employee-based credit unions here -Van Tel CU and Vancouver Safeway Employees Credit Union-are discussing a possible merger. According to Vancouver Safeway CEO Bob Luxford, since the branches of the credit unions complement each other, members will enjoy better delivery options and a wider range...
MADISON, Wis. - World Council of Credit Unions celebrated its 30th anniversary as the world's leading advocate and development agency for credit unions. Incorporated in 1971 and previously known as the CUNA World Extension Department, WOCCU at its formation consisted of three national confederations including the U.S., Australia and Canada,...
MINNEAPOLIS - Prime Alliance Solutions, a joint-venture between IT firm Dexma Inc. and the $4 billion Boeing Employees' Credit Union, has launched a mortgage technology solution geared for small and mid-sized credit unions. Known as Prime Alliance Lite, the Net-based system enables these sized credit unions to originate loans via...
ALEXANDRIA, Va. - Edwin Wills, CCUE has joined the D.C. Credit Union League as vice president. Wills' appointment to the position was effective July 16. Wills was previously the regional sales manager-collateral programs for CUNA Mutual Group. He earned his Certified Credit Union Executive designation in 1987 and was named...
WASHINGTON-In a few swift maneuvers last week, the Senate passed the bankruptcy abuse reform bill by a margin of 82 to 16 and named conferees, clearing the way for the House to appoint its conferees. The bill passed the Senate more quickly than credit union lobbyists had anticipated. Senator Paul...
Headquarters: Harrisburg, Pa. (its only branch) Assets: $1.6 billion (No. 21 according to Callahan) Members: 275,000 Employees: 416 Web site: www.psecu.com President/CEO: Greg Smith (since 1991). "Our strategy is to be a low-cost provider. I'm absolutely certain technology helps us do that," said Smith.
NAPERVILLE, Ill. - After about seven months of conducting an executive search, the $3.7 billion Mid-States Corporate FCU has found its new CEO in the CEO's office of another corporate - Georgia Central CU. Georgia Central's CEO, Dave Preter, will succeed long-time Mid-States Corporate FCU President/CEO Don Finn, who announced...
Looking back four years ago, finds NCUA Chairman Norman D'Amours warning attendees at the 30th annual NAFCU Conference & Exhibition that the next battle with bankers will be over taxation. "The answer to the FOM problem as posed by the lawsuit, is consumer choice. But the real problem is taxation....