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TINKER AIR FORCE BASE, Okla. — If Mike Kloiber forgets to turn forward his watch crown on Sunday, March 11 to get an early start on daylight-saving time this year, the world probably won't stop spinning for the Tinker Federal Credit Union CEO.
February 26 -
Online Registration Now Open For CUNA Mutual's Discovery Conference
February 26 -
WASHINGTON - With a somewhat homogenous field of membership, Pan American Health Organization and World Health Organization Federal Credit Union (PAHO/WHO FCU), doesn't have to be all things to all people-but it does have to be just about everywhere in the world.
February 26 -
SYLVANIA, Ohio - Toledo Area Community CU CEO Patrick J. McGrady, a former three-term CUNA board member, has retired after 34 years of service. Barry Shaner has succeeded him as CEO.
February 26 -
With the recent increase in postal rates, some credit unions may be considering migrating to electronic documents and delivery channels, even though reports show that an overwhelming majority (between 85% to 90%) of consumers still prefer to receive their statements in the mail and pay bills with a paper check.
February 26 -
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A robust financial system should have a variety of financial institution charter options, by type-such as a commercial bank, thrift, credit union; chartering jurisdiction-state or federal; and organizational form- stock corporation or mutual.
February 26 -
APPLETON, Wis. - In mid 2005, Prospera Credit Union and Goodwill Industries of North Center Wisconsin became partners in an effort to turn "bad money" into "GoodMoney" by helping consumers break free of their financial dependence on area payday lenders.
February 26 -
SANTA FE, N.M. - More than 50 credit union representatives from cities across New Mexico met here to raise awareness of CUs and get an update on legislation affecting credit unions on state and national levels, organizers said.
February 26 -
GREENSBORO, N.C. - How do voters define the term "modest means?" According to one survey, as "working people."
February 26 -
WASHINGTON - Beginning in 2008 credit unions visiting Washington for CUNA's GAC will have to find new haunts, hangouts and traditions.
February 26 -
MADISON - Forced financial counseling is a fool's errand for any income or educational level. This was a lesson learned during my early days at CUNA, when it was a small trade association located at Filene House on Madison's East side. Vera, an employee of CUNA Credit Union, would visit Filene House twice a week to take deposits and provide withdrawals. Vera and her briefcase were the credit union to the employees, just like those found in the movement's early history.
February 26 -
WASHINGTON, D.C. - The Credit Union Economics Group is predicting that although 2007 will prove to be a slow-growth year for credit unions, a number of healthy signposts point to modest gains in 2008.
February 26 -
WASHINGTON - Attempts by credit unions to convert to bank charters have raised a new question: can members in otherwise good standing be expelled for participating in anti-conversion efforts or even questioning the conversion plan itself?
February 26 -
LAS VEGAS - Citing reduced inventory of existing homes as a good sign for the real estate market, David A. Lereah, Senior Vice President and Chief Economist of the National Association of Realtors will bring his optimistic message to the ACUMA Spring Annual Conference as keynote speaker.
February 26 -
MADISON, Wis. - As part of the World Council of Credit Unions' Cooperative Development Program, 27 CU reps from the Mwalimu SACCO completed a 10-day intensive training program on HIV/AIDS prevention in Nairobi, Kenya.
February 26 -
INDIAN WELLS, Calif. - The mortgage lending industry must change to meet new challenges, specifically the hundreds of thousands of families flocking to the U.S. who have money and have good jobs, but do not speak English and do not understand the American financial system, so they rent when they could buy, according to one expert.
February 26 -
IOWA CITY - A group of members of University of Iowa Community CU won a reprieve when its petition demanding a revote on a planned name change was accepted by the board of directors.
February 26 -
DALLAS - Just weeks after raising $60 million to help it pursue bigger cards deals, TNB Card Services has acquired the $16-million credit card portfolio of A+ FCU, of Austin, Texas, which includes more than 9,000 accounts.
February 26 -
FAIRBORN, Ohio - Wright-Patt CU's Stretch Pay Program is an example of one credit union that understands the trifecta strategy (see story, page 25). Doug Fecher, CEO of the $1.1-billion WPCU, noted that credit unions, including his, were turning down applicants for small loans and that members were using payday lenders. The credit union formed a CUSO that offers a payday loan alternative, "Stretch Pay Program," in 2001.
February 26