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WASHINGTON - Hundreds of credit union executives criss-crossed the halls of Congress last week in an effort to convince lawmakers to scrap the provision of the bank reform bill that would establish price controls over debit card interchange, but their efforts face great odds.
June 14 -
BEAVERTON, Ore.-As First Tech Credit Union awaits regulatory approval for its proposed merger with California-based Addison Avenue FCU, what may turn out to be its final year of operations is being marked solid numbers in a very difficult economy.
June 14 -
WASHINGTON-The Office of Thrift Supervision (OTS) is reporting a signficiant increase in the number of mutual holding companies to approved to convert to full stock companies. The OTS said that during a two-week span in May it endorsed applications for eight companies to convert; seven other conversions already have been completed this year.
June 14 -
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COLUMBIA, Md.-The 2010 phase of the cooperative ad campaign being sponsored by the Maryland & DC Credit Union Association has debuted with a "WhatsInItForMe?" Facebook page and other social media, in addition to radio and metro bus ads.
June 14 -
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MEMPHIS, Tenn.-Where should credit unions invest their dollars when it comes to e-banking? Increased personalization, widespread adoption of mobile banking and direct person-to-person payments are the future of electronic banking, according to industry experts.
June 14 -
SAN DIEGO-Despite a significant budget disadvantage, credit unions are on par or even ahead of their big bank competitors in the e-services battle.
June 14 -
MEMPHIS, Tenn.-Small credit unions can still compete with much larger players in e-services, according to a number of analysts-providing they are smart with their investments.
June 14 -
MADISON, Wis.-A new Filene Research Institute study suggests "good ideas are just as likely to come from the front line as from managers, and that ... employees don't speak up often enough."
June 14 -
MADISON, Wis.-The new Filene Research report offers four "imperatives" to CU leaders for better soliciting ideas from staff:
June 14 -
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BEAVERTON, Ore.-The management teams at Addison Avenue FCU in Palo Alto, Calif., and First Tech CU here continue to move forward with plans to merge and create an institution with assets of $4.6 billion, 38 branches and 320,000 members nationwide.
June 14 -
Elevations CU, Boulder, Colo., welcomed Carroll Beach and Carol Krismann as directors as they won their first terms on the board.
June 14 -
Two-thousand ten has been dubbed the Year of the Angry Voter or more appropriately, just the latest Year of the Angry Voter (But This Time We Really Mean It).
June 14
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A review of BP's oil-spill catastrophe is an education on what not to do when you manage a business. We will interpret these as lessons on how to protect your brand.
June 14
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Whether by the NCUA's Office of Consumer Protection or Congress' Consumer Financial Protection Agency, credit unions will be examined more closely for meeting consumer-oriented regulatory requirements.
June 14
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HAGERSTOWN, Md. – Two brothers were charged with robbing the same branch of Washington County Teachers FCU in Williamsport three weeks apart.
June 13