WASHINGTON-NCUA called on Congress last week for extraordinary new powers that would extend the statute of limitations on charging officers and directors of failed credit unions to as long as 10 years, which would help the National CU Share Insurance Fund recover for losses paid out in those cases.

BISMARK, N.D.-A website has been launched and a CUSO is being formed to drive business lending in the Dakotas.

WVFCU Selects COMPASS 4 CUs

White Paper Explores Due-Diligence

The Indiana CU League board of directors elected table officers at its reorganization meeting on Sept. 24. They are: Ron Mazur, (chair), Chiphone FCU; Lori Dauksas (vice-chair), Members Choice FCU; Frank Gulley (secretary), Afena FCU; and Dave Fleming (treasurer), Partners 1st FCU. Jack Sheets, president of Interra CU, was also elected to a three-year term.

EECU Launches Mobile Banking

One thing that shouldn't serve as anyone's alarm clock is a desire to get to the office and compare the CU's performance with that of other CUs, according to William Taylor. "I am less and less a fan of benchmarking. Why benchmark yourself to best practices that may not be that great to begin with. You must be willing to look to great ideas in unrelated businesses."

FRANKLIN, Tenn.-Southeast Financial CU has nearly doubled its membership and assets over the last five years by putting its employees-and loan program-first.

VACAVILLE, Calif.-Compliance tasks soon will be so convenient and so complete at Travis CU here that other credit unions will look to the CU's Web-based program as a model, according to Richard Roark, SVP and CIO at the $1.6-billion CU.

WEST JORDAN, Utah-Mobile deposits are "cool," but more importantly, they whet member appetite for mobile payments, according to Tony Rasmussen, SVP-eServices at Mountain America Credit Union (MACU) here, which will launch mobile deposit services for Android and iPhone devices early next year.

FAIRBORN, Ohio-Fresh MCIF data generates great reports, but it should do more-such as inspire marketing strategy, according to Wright-Patt CU here.

ST. PAUL, Minn.-Tired of paying $125,000 in salary for a series of system specialists who would come and go, Affinity Plus FCU here asked its core vendor last year to provide specialists all clients could share.

Baxter Adds 'Deposit Anywhere'

CUTEK Develops Safe Deposit Box

FORTH WORTH, Texas-Appealing to the Hispanic market isn't as much about battling payday lenders and check cashers as it is about immersing the CU within the local community.

LYNCHBURG, Va.-Explaining the credit union difference to consumers, members, and elected officials has strengthened its political advocacy campaign over the last six years, according to the Virginia Credit Union League.

SPENCER BACHUS TO HEAD FINANCIAL SERVICES COMM.

NCUA told a federal court here that directors and officers of WesCorp FCU abandoned their roles as fiduciaries of a not-for-profit credit union.

MADISON, Wis.-The World Council of Credit Unions (WOCCU) is joining forces with Pa-Go Mobile Inc. and mFunds Global Payment Solutions Inc. to broaden its delivery of cost-effective remittance services to Latin America.

CO-OP My Deposit Mobile To Debut