WASHINGTON-CUNA's Corporate Credit Union Next Steps Working Group has issued a final report. The report notes that whether today's corporate CU network can evolve to be the best provider of financial services to credit unions hinges on its ability to make the "deep and far-reaching changes."

NCUA Goes To Market With Corporates’ Legacy Assets

WASHINGTON-Rep. Paul Kanjorski derided a plan by Republican lawmakers to phase out Fannie Mae and Freddie Mac, insisting to do so would cost the federal government an estimated $1-trillion.

WASHINGTON-The chief lobbyist for MasterCard told credit union leaders they were victimized by misinformation in the recent passage of amendment that will insert the Federal Reserve as regulator of interchange on debit cards.

DCS Adds Mobile Payments

TUKWILA, Wash.-Which of the three mobile banking flavors is best-APP, WAP or SMS?

UNIVERSAL CITY, Texas-Not all mobile devices are created equal, which is why "device-agnostic" mobile deposit capture didn't work for RBFCU, suggested Mary O'Rourke, VP-electronic services, Randolph-Brooks FCU (RBFCU).

WASHINGTON-The country got one of its first official glimpses at the person dubbed the consumer protection czar last week when Elizabeth Warren spoke to NAFCU's Congressional Caucus. Warren, who has not always been a friend to credit unions during her influential career, used the opportunity to note she is a long-time CU member and that her goals include making it eaier for smaller banks and credit unions to compete. Meanwhile, also at Caucus:

WASHINGTON-NCUA, fresh off an announced assessment to replenish reserves for the National CU Share Insurance Fund, will give CUs new estimates for next year's charges for both the insurance fund and the corporate credit union bailout in the next few weeks.

Simmons Named Interim CEO

WASHINGTON-Rep. Maxine Waters, the Democratic chair of the House Financial Subcommittee on Housing, called on credit unions to add payday lending to their service offerings to pose as an alternative to existing high-cost services.

Spectrum FCU, San Francisco, promoted Cindy Hobbs to branch manager. Gina Amerson, a compliance officer for Spectrum, completed CUNA's Regulatory Training and Certification Program while marketing specialist Brian Burns was elected to the Board of Directors of the Marketing Association of Credit Unions.

EL SEGUNDO, Calif.-Brea is neither an employee nor a member of Xceed Financial Credit Union, but she has spent every other day for the past several months in the main office learning important skills that someday will yield invaluable assistance to someone in need.

Mural Marks CU's 75th Year

VIENNA, Va.-When "ragers" crop up on social media to complain about a credit union, the public should be aware that the CU is listening, suggested James Robert Lay, CEO at PTP New Media, a Web-based social marketing company.

LINTHICUM, Md.-Given consumers' mistrust of banks and often a lack of knowledge about credit unions, SECU here decided it's time to get straight to the point about the CU difference.

ROMULUS, Mich.-Twitter's hot, but keep your eye on DailyBooth and Ustream for Gen Y action, suggested Amy McGraw, marketing director at Public Service CU.

UNIVERSAL CITY, Texas-The first CU to say it would offer "device-agnostic" mobile check-deposits has switched gears, finding better success building native deposit apps targeted at Apple iPhone and Google Android devices.

2 Credit Unions Among Pioneers

Trio of CUs Select DNA-sme