May

MADISON, Wis.-To help members achieve their financial dreams, Summit Credit Union here is first helping employees achieve theirs.

ANN ARBOR, Mich.-A new study has found a slight decline in levels of consumer satisfaction with online banking, even though the overall score remains high, with CUs strongly outperforming banks overall.

BREMERTON, Wash.-Kitsap Credit Union is fighting the gloom brought on by the recession with a positive branding campaign, known as "Keep Up the Good Work."

CUNM Offers Remittance Program

DebtMarket Teams With ELS

ALEXANDRIA, Va.-NCUA will consider separating assessments and the timing of credit union payments for the NCUSIF and the Temporary Corporate Credit Union Stabilization Fund at its June board meeting, chairman Debbie Matz announced last week.

BURLINGTON, Mass.-A new website could help credit unions boost auto loan portfolios and cross sell additional services.

CINCINNATI-Despite all the concern over Reg. E, one consultant claims there are ways to make the overdraft controversy irrelevant.

ORLANDO, Fla.-Financial services providers, including credit unions, have raced to provide as many delivery channels as customers/members demand. But that has raised a new challenge and potential for either high levels of customer/member satisfaction, or frustrating dissatisfaction: integration of those channels.

DAVIS, Calif. – A new study by the University of California Graduate School of Management questions whether payday loans offered by credit unions are a preferable to traditional payday lenders and whether such credit can be provided profitably.

Jane Brockway, Financial Advisor/VP Wealth Management at U of I Employees CU, Champaign, Ill., won a CUNA Brokerage Services 2009 Woman of Distinction Award.

CINCINNATI-CU Journal asked CUs at the Ohio CU League's annual meeting: "What's driving growth at your credit union?"

LAS VEGAS-Credit Union Journal asked attendees of the Auto & Mortgage Lending Symposium co-hosted here by CUDL and Prime Alliance: Is your loan portfolio growing in 2010, and what are you doing?

MIAMI-A new report issued by NCUA on last year's failure of Eastern Financial Florida CU found that the one-time high-flying credit union, as big as $2.4 billion in assets as recently as 2007, was caused by the credit union's investments in risky financial derivatives known as collateralized mortgage obligations, or CDOs.

WASHINGTON-The FDIC last week proposed that the largest banks provide them with a plan to wind down in case of insolvency, a so-called living will.

NCUA FILES SUIT AGAINST MEMBERS

MADISON, Wis.-International Credit Union Day, to be held on Oct. 21, will focus on CUs' community-focused approach to member service.

NCUA Plans June Town Hall Webinar

IRVING, Texas-As the economy slowly recovers, $167 million YOUR Federal Credit Union is trying to convey a positive message to its 18,000 members.