WEST PALM BEACH, Fla. - (07/11/06)The Credit Union Journal isannouncing its Call for Entries for its Best Practices awards. TheJournal published its inaugural Best Practices issue in November2005 and featured nearly two-dozen peer-leading ideas as selectedby the editors. Nominations may be submitted by credit unionsthemselves, a CUSO or even another CU. Nominations may also besubmitted by suppliers to the credit union community that haveclients they believe exemplify the best practice in implementing aparticular product or service. The criteria are as follows: 1) Bestpractice must have been deployed since May 1, 2005. 2) Credit union(or vendor) selects (or even creates) a category and nominatesitself/client CU. 3) The entry should include: 500 words or less onwhy it believes it has created a best practice within itsoperation. The nomination essay should include as many tangiblemeasures as practical. 4) A credit union may enter more than onecategory. 5) Nominations should be e-mailed to Managing Editor LisaFreeman at lfreeman@cujournal.com. The deadline for entries is Aug.1. Winners will be profiled in the Oct. 30 issue.
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BNY's Carolyn Weinberg believes blockchain technology could be the key to an always-on operating system for the New York-based custody bank.
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The agents could overcome the consumer inertia that keeps people in low-yield bank accounts, the consultants say.
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A cohort of more than 100 Republican members of Congress sent a letter to Treasury Secretary Scott Bessent urging the administration to protect and fund a community lending program that has been gutted despite its legal mandate and Bessent's backing.
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