Corporate governance

TALLAHASSEE, Fla.-The best way to address fraud is to ensure you have dedicated fraud resources within the CU and make fraud prevention a strategic priority.

CINCINNATI-Credit unions don't need to do anything special when it comes to planning for 2012, according to one executive, as long as they keep their focus on what has made credit unions unique and engendered member loyalty.

DEERFIELD BEACH, Fla.-When it comes to strategic planning for 2012, one supplier says that understanding a vendor's product offerings is crucially important-but more important, she said, is understanding that product's value and, in some cases, lack thereof to a member.

BUFFALO, N.Y. – The $40.7-million Buffalo Service Credit Union has applied to the New York State Banking Department to expand its charter to serve all of Erie County.

MADISON, Wis. – Given the threat of increasing deposits as consumers seek CU safety as stocks fluctuate wildly, Dave Colby is offering some advice on how to keep the loan-to-share ratio from slipping further south.

PORTSMOUTH, N.H. – CU awareness will be flying high here this weekend during the Service Credit Union Boston-Portsmouth Air Show at Pease International Airport.

WEST PALM BEACH, Fla. – How did one credit union improve service, cut its costs and automate its processes? Credit Union Journal will highlight how Affinity Plus FCU did just that in a free, one hour webinar to be held Aug. 23 at 11 a.m. ET.

WASHINGTON – Post Durbin, the focus must be on building relationships to enhance profitability, and financial institutions will drive that online as much as in-branch, at least one analyst is stressing.

MADISON, Wis. – Unique to cooperatives and especially to credit unions, a new study examining so-called “Patronage Refunds” has been released by the Filene Research Institute.

WEST PALM BEACH, Fla. – How did one credit union improve service, cut its costs and automate its processes? Credit Union Journal will highlight how Affinity Plus FCU did just that in a free, one hour webinar to be held Aug. 23 at 11 a.m. ET.

ATLANTA – In a newly released poll, three in 10 checking account holders expressed interest in paying a monthly fee for a checking account that would have no other fees.

SAN JOSE, Calif.-As firms in Silicon Valley hire more engineers born outside the United States., one CU is making the transition to America a little easier when it comes to their personal finances.

GLASGOW, Scotland-Brazil's credit unions have moved aggressively to create a national brand and presence in which nearly every nonmember-facing function has been centralized, with partnerships formed with the likes of Bain & Co. and Accenture to ensure product and service delivery.

GLASGOW, Scotland-Poland's credit unions have come a long way in just 20 years, including a comprehensive collaboration aimed at cutting costs and raising awareness that exceeds anything currently being seen in the U.S.

MT. PROSPECT, Ill.-Credit unions will face two critical challenges in 2012, but they must overcome four barriers to achieving those two objectives, according to one technology expert.

SAN FRANCISCO-Interest rates are low and have been for many months, but the Federal Home Loan Bank here cautions CUs not to wait too long to plan for the inevitable climb.

WEST PALM BEACH, Fla. – How did one credit union improve service, cut its costs and automate its processes? Credit Union Journal will highlight how Affinity Plus FCU did just that in a free, one hour webinar to be held Aug. 23 at 11 a.m. ET.

PORTSMOUTH, N.H. – Service CU expanded its footprint in New Hampshire’s Seacoast area with the grand openings of two new branches in Hampton and Exeter, because of its merger with Seacoast CU.

RAPID CITY, S.D. – Black Hills FCU, the state’s biggest credit union, has been approved by NCUA to serve the counties of Butte, Haakon, Stanley and Hughes.

GAINESVILLE, Fla. – Campus USA CU, the first credit union established on a U.S. college campus, has applied to state regulators to serve all 265,000 residents of nearby Leon County.