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WICHITA, Kan.-A federal court last week dismissed a suit brought by NCUA against Barclays Capital for the sale of $555 million of faulty mortgage-backed securities to U.S. Central FCU and WesCorp FCU, one of nine suits NCUA has filed against Wall Street banks over the failure of the two corporate giants.
July 15 -
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Since May 1 rates have been rising, but John Worth is advising credit unions not to be "fooled" into inaction against interest rate risk.
July 15 -
Bellwether Community Credit Union has deployed iPad technology in an effort to streamline loan applications, with BCCU reporting that members can now apply for a loan and receive funds in 15 minutes or less.
July 15 -
Mountain America Credit Union has appointed a "technology champion" in each of its 76 branches to oversee operations.
July 15 -
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In an effort to improve its member business lending processes, AltaOne Federal Credit took to the streets seeking a new vendor that wouldn't increase existing costs. It found its answer pretty close to home.
July 15 -
At least four credit unions being sued for patent infringement over real-time transaction technology have agreed to settle the civil claims in exchange for license deals, with the final deal awaiting court approval.
July 15 -
A decline in delinquent loans is providing some help for the "Texas ratio," nonperforming assets divided by the sum of total equity and loan loss reserves, at credit unions.
July 15 -
Legos have been part of presentations on the company itself (how it rebuilt its blocks into something new and better), and have also been a common metaphor used by numerous speakers for how organizational leaders are comprised of adults who have lost their inner Lego-builder and-as a result-the ability to be creative and innovative.
July 15
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The sheer size and rapid growth of the U.S. Hispanic population has rightfully grabbed the attention of every major industry in the U.S.
July 15
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Mark Lynch, Field Coach for REAL Solutions responds to Frank J. Diekmann's recent editorial.
July 15
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More than 60 women CU leaders convened at a Global Women's Leadership Network luncheon in conjunction with the League of Southeastern Credit Unions & Affiliates' Annual Convention and Exposition here to discuss "moving up the corporate ladder" with top women executives in the industry.
July 15
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WASHINGTON The National CU Foundation, the charitable arm of CUNA and affiliates, announced the appointment of Gigi Hyland, a former CUNA executive and most recently a member of the NCUA Board, as it new executive director.
July 15 -
A selection of images featuring credit unions efforts in their communities.
July 15 -
JAMESTOWN, Penn. USSCO Jamestown FCU has developed a marketing agreement with Unifirst Mortgage Corporation it says will enable members to avoid the upfront fee other mortgage providers typically charge.
July 14 -
WINSTON-SALEM, N.C. Allegacy FCU will open a new office in a remodeled former Blockbuster Video building in Winston-Salem this morning.
July 14 -
WASHINGTON The National Cooperative Business Association is launching a national Honor a HERO contest in which credit unions and co-ops can share stories (in 200 words of fewer) about how a member of their staff has been a hero.
July 14
