July

PITTSBURGH-During the 36th Annual Conference on Serving the Underserved-which included the 6th Latino Credit Union Conference-Credit Union Journal asked attendees what are the issues facing their membership and the credit union.

CUNA Adds Lobbying MuscleTo Push For MBL Cap Increase

SIF Revamps Its Website

Ohio CUL, CU 24 Extend Relationship

June 6, 1996: Mica, a former five-term congressman from Florida is hired away from the insurance industry. On his first day at CUNA Mica said he was told the association might have trouble making payroll, as the result of ongoing losses related to CUNA Card Services. CUNA Card Services was eventually sold.

JOLIET, Ill.-Employees of NuMark CU have been spreading cash-and the credit union word-among small businesses here.

Long-Time CU Critic To Retire

ALEXANDRIA, Va.-Credit unions are favoring NCUA's proposal to deregulate payday lending, but say the agency should drop proposed requirements that could make it tougher to qualify for the short-term, small amount loans.

Jason Ehn, senior SBA loan officer at Redwood CU, Santa Rosa, Calif., was named to the North Bay Business Journal "40 Under 40" list. The CU also recently hired Richard De Ramon as branch manager for its Novato location.

NEW YORK-Free checking with no requirements attached may be about to join the toaster giveaway in the Museum of Financial Services.

BIRMINGHAM, Ala.-Corporate America CU, which is suing officers and directors of U.S. Central FCU for damages, last week issued subpoenas to Ernst & Young, RiskSpan, Callahan & Associates, Clayton Financial Services and PIMCO, as it seeks a courtroom accounting of the one-time $52 billion corporate's desperate attempts to shift capital accounts to cover burgeoning losses in its final days before an NCUA takeover.

CINCINNATI-Fifth Third Bancorp last week said its Fifth Third Processing Solutions, LLC unit had acquired the assets of credit union processor TNB Card Services from credit union-owned Town North Bank of Dallas.

NCUA WRESTLES WITH CUS OVER WESCORP CLAIMS

One of the cost-conserving areas is the annual board retreat. Most often the board retreat is for planning. But many CUs use it for more than that. I for one believe that the level of planning the board should be on does not need annual retreat attention.

WOCCU is projecting more than 2,000 people will attend the 1 Conference. This would be a very good time for the host country to do a little less speaking and a lot more listening, as CU communities from other parts of the world are doing some innovative things.

As identity theft and credit card fraud surge, credit unions can be the hero in safeguarding members' personal and financial information.

MOSCOW – Russian President Dmitry Medvedev has signed a bill into law that seeks to create a legal framework for microfinance institutions, including credit unions.

NEW YORK – Fynanz, a provider of customized private student lending solutions, has added to its website at cuStudentLoans.org an entire section devoted to helping students and their families research and obtain valuable insight into college financing options.

LAS VEGAS – More than 2,000 credit union representatives from around the world were on hand here last night as CUNA and the World Council of Credit Unions kicked off the “1 Credit Union Conference.”