COLUMBUS, Ohio-The Ambac bankruptcy filing will have little bearing on claims paid to corporates for losses insured by Ambac Assurance Corp., according to the head of Corporate One FCU.

LATHRUP VILLAGE, Mich.-Technology has been leveraged to raise service levels at Michigan First CU, while saving staffing and new construction costs at the same time.

Conn. Health Care CUs Meet

ANAHEIM, Calif.-"Courage" and "collaboration" were the words of the day as the outgoing chairmen of the California and Nevada Credit Union Leagues ended their tenures.

ANAHEIM, Calif.-The concerns credit unions had in 2005 would be welcomed today, according to Diana Dykstra.

January

ANAHEIM, Calif.-Don't look for a sustainable economic recovery. At least not yet.

ANAHEIM, Calif.-Here are three different views on three different subjects-CUs and their collaborative future, the future of WesCorp, and a new CUSO model-offered during the California and Nevada CU Leagues' annual meeting.

MADISON, Wis.-While the Fed's proposed changes to credit protection in Truth in Lending disclosures are likely aimed at helping consumers, two analysts believe they will have the opposite effect.

SAN ANTONIO-One analyst believes the Fed's proposal on credit protection in Truth in Lending disclosures is an example of the government overstepping its boundaries.

MADISON, Wis.-CUNA Mutual Group is offering CUs assistance in learning more about the Fed's proposed changes to credit protection Truth in Lending disclosures.

ARLINGTON, Va.-The Fed is proposing new language for credit protection provisions of Truth in Lending disclosures that may discourage consumers from taking credit insurance products, according to several analysts.

Banks Post Profit Growth, But Problem FIs Also Up

NORTHGLENN, Colo.-Horizons North CU remade its marketing department once, lost focus for a while, then got it back.

NEW YORK-Ongoing concerns over the corporates' ability to continue to provide check processing services has prompted one CU to bring check-clearing in-house.

WEST PALM BEACH, Fla.-Credit union executives are expressing everything from outrage to fear of examiner reprisals should they express that outrage in the wake of NCUA's announced budget hike.

WEST PALM BEACH, Fla.-Credit unions are looking askance at NCUA's proposed amendment to its corporate rule that would restrict natural person credit unions (NPCU) from belonging to more than one corporate credit union at a time, although some CEOs support the concept.

Among the world's safest bets is that no credit union executive will have used any of the previous Thanksgiving holiday to give thanks to NCUA.

Is it possible that we are witnessing a paradigm shift in the way consumers view deposits?

I think NCUA will need even more examiners if they begin treating all credit unions like they treat us.