Search Results

MADISON, Wis. - Credit union members, like most consumers, mistakenly think mortgage rates are tied to Fed fund rates, and like most consumers may be holding back applying for mortgages in the hopes that mortgage interest rates will continue to drop. That doesn't surprise CUNA's Vice president of Economics Mike...

WASHINGTON-Speaking to CUNA's Examination and Supervision Subcommittee, acting NCUA Chairman Dennis Dollar said that he would make the agency's budget process more open by holding a public hearing on the matter. Though not specifying a date, Dollar said the hearing would occur sometime in the fall. He said a hearing...

BIG RAPIDS, Mich. - There's good news for credit unions working to boost member understanding of personal finance. More groups and states are gearing up to emphasize the need for such education. One example is in Michigan, where Ferris State University has just established a Center for Financial Education. Other...

RALEIGH, N.C. to WASHINGTON-CUNA Communications Specialist Jennifer Gore recently took the ride of her life. Gore participated in the 330-mile Washington, D.C. AIDS Ride from Raleigh, North Carolina to the nation's Capitol. Gore had been training since March at 70-mile intervals. "I didn't own a bike until February," she admits....

Passage of The Electronic Signatures in Global and National Commerce Act (E-SIGN) was lauded by credit union trade associations for helping CUs do more business with members online. The Financial Services Subcommittee on Domestic Monetary Policy, Technology, and Economic Growth recently held hearings to determine if E-SIGN is overly burdensome...

CheckFree Corporation, a provider of financial electronic commerce services and products, has promoted Stephen Olsen to executive vice president and general manager of its electronic commerce division. TNB Card Services, has named Jan Dailey vice president and marketing manager. EDS, has named Dennis L. Stolkey GM North America president. PULSE...

CARSON CITY, Nev. - Here's a story of how legislative teamwork achieved in lightning speed, coupled with a quest to protect long-term interests of credit unions has paid off for the 12-state chartered CUs in Nevada. The story has a happy ending, indeed, for CUs following passage of a new...

Desert Schools Federal Credit Union, Phoenix, Ariz., has appointed the following officers to the board: John C. Fung, chairman; G. Frank Davidson, vice chairman; Michael J. Konen, treasurer; Arneida Miller, secretary; Janet Bioletto, director; Richard Johnson, director; and John F. Fung, director. In addition DSFCU has appointed the following officers...