Recently added articles from Credit Union Journal:
CUs Should Prepare To Be Hit With More Corporate Charges.(Financial Performance)
Jun 29, 2009 ... Byline: Ed Roberts, Washington Bureau Chief ALEXANDRIA, Va.-Even as credit unions were cheering the new seven-year installment plan for the corporate credit union bailout new charges were emerging last week that will hit their bottom line by year-end. NCUA was ...
CU Elections Tossed, Re-Vote Scheduled.(General News)
Jun 29, 2009 ... Byline: Matt Blumenfeld, Reporter JOHNSTOWN, Penn.-A glitch in the way members are notified of USSCO Johnstown FCU's annual meeting has, at least for the moment, cost three challengers their spots on the board of directors. A trio of candidates, running essentially as ...
Space Coast, Eastern Financial Merger Moves Forward.(General News)
Jun 29, 2009 ... Byline: Joyce Moed, Reporter MELBOURNE, Fla.-What was once the biggest failure and conservatorship of a natural person credit union, is now, through the miracle of merger, the third largest credit union in Florida. On the heels of the conservatorship of the once ...
WORTH NOTING.(General News)
Jun 29, 2009 ... Brazile Keynotes NAFCU Congressional Caucus WASHINGTON-Donna Brazile, a veteran Democratic strategist and recognized as one of the "100 Most Powerful Women" of Washington by Washingtonian magazine, will be the keynote speaker at NAFCU's 2009 Annual Congressional Caucus at the ...
How Much Net Worth Does A CU Really Need?(General News)
Jun 29, 2009 ... Byline: Frank J. Diekmann BOSTON-How much net worth does a credit union really need? The figure is different for every CU, but one CFO cautions it's important to analyze the CU's risks in order to answer the question. Dan LeClerc, CFO with the $176-million Lacamas CU ...
Weakness Started Before Crash, Expert Says.(General News)
Jun 29, 2009 ... Byline: Frank J. Diekmann BOSTON-Not surprisingly, the net worth of individual credit unions and the industry as a whole received a fair amount of attention during CUNA's America's Credit Union Conference here. Matt Davidson, VP with the California/Nevada Credit Union ...
Speakers Tackle CU Relevance In Today's Economy, Growth Of Fraud.(General News)
Jun 29, 2009 ... John Lass, CUNA Mutual Group SVP-Strategy BOSTON-As the economy continues to falter, credit union's relevance may be stronger than ever, CUNA Mutual Group SVP-Strategy John Lass said at America's Credit Union Conference & Expo. Though the corporate assessment and shrinking ...
CUNA Mutual Teams With Humana On Medicare Plan.(General News)
Jun 29, 2009 ... BOSTON-Through a partnership with Humana, CUNA Mutual has rolled out a suite of products to serve members eligible for Medicare. The company said the new product line is aimed at helping credit unions retain Baby Boomers who are retiring, a group that often fades as active members upon ...
When It Comes To Asking Those Tough Questions, Well...(Opinions)
Jun 29, 2009 ... Byline: Frank J. Diekmann They came. They saw. They ...shrugged. You have to give CUNA credit. Credit unions are still smarting over having to pay the corporate assessment and some are aware and others are going to learn that future assessments almost certainly lie ...
How CUs Can Maintain Employee Morale During Troubled Economy.(Opinions)
Jun 29, 2009 ... Editor's Note: CURE (Credit Union Retired Executives) is sharing advice with Journal readers basedon questions it receives and responses from the numerous retired CU execs it has recruited. Question: How can we maintain morale among employees, especially in today's uncertain ...
While Banks Shut Customers Out, CUs Can Usher Them Through (Shared) Door.(Opinions)
Jun 29, 2009 ... Byline: Carroll Beach Growing numbers of credit unions shuttering branches to drive down expenses. Many slashing operating budgets leaving little money for new brick and mortar. Credit unions seeing members move across town and across the country in search of new jobs. ...
Unanimity Impossible, But A United Front Is Vital For CU Movement.(Opinions)
Jun 29, 2009 ... In tumultuous times such as these, it's no surprise that credit unions will not always be unanimous about the variety of issues they face. As the board of the national trade association representing all credit unions, it's our job to work through the thicket of different opinions and come ...
LETTERS TO THE EDITOR.(General News)(Letter to the editor)
Jun 29, 2009 ... CU Journal encourages reader feedback. Letters to the Editor can be sent to Managing Editor Lisa Freeman at ...
CUJ QUICK READS because your time counts.(General News)
Jun 29, 2009 ... NFCC Reports Number Of Those Seeking Assistance Has Doubled SILVER SPRING, Md.-The economy's shaky position has made American consumers look for a helping hand to higher ground as the number of people seeking assistance from the National Foundation for Credit Counseling has more ...
PEOPLE.(General News)
Jun 29, 2009 ... John Tabor is the new business service senior lending officer at Community First CU and Carmen Dykes new branch managers. Betty Beverly, Anotnio Harris and Anna Noland were all elected to the board of Richmond, Va.-based DuPont Fibers FCU. Michelle Slight, Jason ...
How To Make Sure Meeting Is A Real Crowd Pleaser.(Technology)(Conference news)
Jun 29, 2009 ... Byline: Kevin Jepson, Technology Correspondent FISHERS, Ind.-The way that YOUR Symposium is being created this year - online by the attendees themselves - may be every bit as innovative as the actual sessions at this annual credit union conference. Using ...
The 2009 Credit Union Journal Technology Panel.(General News)
Jun 29, 2009 ... The following are members of Credit Union Journal's Technology Panel. Readers can ask questions of the panel by e-mailing your questions to Lisa Freeman at lfreeman@cujournal.com. Eric Panepinto, USERS, Inc., Valley Forge, Penn. Chuck Doherty, Fiserv, ...
TECHNOLOGY NEWS.(General News)
Jun 29, 2009 ... Spokane Teachers Wins Award SPOKANE, Wash.-Spokane Teachers Credit Union's Conversation Engine was selected as one of The Data Warehousing Institute's best practices award winners for 2009. The solution delivers information from STCU's data warehouse to its tellers, giving them ...
Call Center Reps Are Out Of Site, Top Of Mind.(Technology)
Jun 29, 2009 ... Byline: Kevin Jepson, Technology Correspondent PALO ALTO, Calif.-Three things have changed with the times at the Stanford FCU contact center here: the software allows telecommuting, all representatives are highly experienced and all but one works off-site. "These ...
How 2 CUs Are Using Existing Tech To Handle Surge In Loan Mods.(Technology)
Jun 29, 2009 ... Byline: Kevin Jepson, Technology Correspondent FORT WORTH, Texas-Loan workouts don't need any souped-up, specialized technologies, say two large CUs-despite some vendors' suggestions to the contrary. The "regular" lending technology at American Airlines FCU (AACU) ...