ASI Boosts Asset Cushion
DUBLIN, Ohio-American Share Insurance said last year's conversion of Patelco Credit Union from NCUSIF,
That still exceeds the reserve ratio for all the federal insurance funds, including NCUSIF, which ended 2002 at just
"The company has never had any trouble paying its obligations," Duane Welsh, the company's general counsel, told
ASI also reported it more than doubled its provision for losses to $1.4 million last year, pushing down its net income
NAFCU Won't Oppose Relief Bill
ARLINGTON, Va.-NAFCU said it won't oppose a proposal in the pending regulatory relief bill to allow the
NAFCU President Fred Becker, whose group backed a Consumer Federation of America referendum opposing
NAFCU's opposition to the FHLB measure last year drew a stern rebuke from the powerful House Financial
The FHLB provision was expected to be among the issues discussed during the hearing on the regulatory relief bill
CPFCU Expands Branch Network
CONCORD, Calif.-Fast-growing California Pacific FCU said it has acquired a 12,000 square-foot building in the
The credit union paid $2 million for the structure, the third building in the first phase of the business park. The credit
ABA 'Helps' Raise PAC Funds
RANCHO CUCAMONGA, Calif.-In one of the biggest political fundraisers ever for credit unions the California CU
The activities included the sale at a silent auction of an autographed copy of a column by credit union nemesis Keith
The majority of the funds, $72,000, were raised at the annual golf tournament at Pebble Beach.
The largest credit union fundraiser to date was an event held last year by the Michigan Credit Union League, which
Harland Signs Two CU Clients
ATLANTA-Harland Financial Services, a unit of John H. Harland Co., said both Bethel G.T. FCU, in Queens, N.Y.,
Harland said more than 275 credit unions have implemented its CuServ solution, a turnkey hardware and software