Robert Haeffner has been named VP/CFO for JM&A Group based in Deerfield Beach, Fla.

ALEXANDRIA, Va.-Credit unions had one of their slowest quarters ever in the July-Aug. period, with both loan growth and deposit growth almost flat, NCUA reported last week.

Monthly Bill Payments Down

WASHINGTON-NCUA outlined the strategic, transaction, and credit risk red flags CUs should be watching for with indirect lending programs.

ProfitStars Intro's 'Opening Act'

SAN ANTONIO-Like a mother who hides her child's vitamins in the cereal, USAA Federal Savings Bank is disguising new technology through old-fashioned, face-to-face service.

SAN FRANCISCO-Launched in 2005 as a pioneer in online personal financial management tools, Wesabe, Inc. soon rose to prominence. The service allowed consumers to pull in transaction data from multiple financial institutions and compare their spending to that of their peers, through software and discussion groups it hosted.

BUFFALO-There are long careers, and then there is the career of Betty Lou Young, who retired in October from the $6-million Buffalo Police FCU after 69 years on the job!

In these times of commoditization, credit unions are encouraged to remember, and protect, the "trust-factor." It remains one of the industry's few true points of market differentiation.

Mark DeBellis is home now, but only after making an examiner look like a homebody by spending more than 100 days on the road this year (over a 151-day span) visiting CUs.

I suggest you study the writings of Dr. Deming to learn how to improve productivity, lower costs and enhance quality of service. Introducing incentives would not be effective and would probably cause damage to teamwork and productivity.

The announcement of the new budget by NCUA and the 5% to 8% pay raises given to the unionized staff and subsequent matching increases given to management staff should be met with constant and continuing acts of civil disobedience.

The simple fact remains: there is a mess that needs to be cleaned up, and we all need the services that we used to receive from the corporates.

I sat on a school board for 14 years and I know management has the right to accept or reject union's offers. I doubt the NCUA employees involved would have appreciated this information hitting this news outlet stating they were demanding an 8% increase when the credit unions are giving 0% so we can replenish the NCUA insurance fund.

GENOA, Ill. – A burglar who stole $69,506 in cash and blank certified checks from Illinois Community CU during an overnight heist was sentenced Friday to 17 months in prison.

HERNDON, Va. – Northwest FCU said its Northwest FCU Foundation has awarded a total of $20,000 four Fairfax County public schools to be used for staff professional development and technological advances for the classroom.

SAN ANTONIO, Texas – Credit Union Liquidity Services LLC, the member business loan CUSO owned by Texans CU, has agreed to sell a long-dormant real estate development on the city’s west side, one of a number of troubled projects financed by the CUSO.

VIENNA, Va. – Navy Fed plans to add another new branch today–its 22nd in the past two months–at nearby Colonial Heights, Va., to serve military personnel at Fort Lee.

ANCHORAGE, Alaska. – Alaska USA FCU has agreed to provide $4 million to refinance a $20 million loan a downtown office buildings here.

NORTH HAVEN, Conn. – Connex CU has signed with Southwest Business Corp. to offer a variety of insurance products through its Connex Insurance Services CUSO.