Credit Union Journal articles from February 2002

Credit Union Journal archives from February 2002

Utah's CUs Take To Airwaves Over Growth Restrictions.(credit unions)(Brief Article)
February 4, 2002... Credit unions in Utah are at the center of yet another battle with banks as they launch a humorous media campaign against member service restriction in the state. But the banks aren't laughing. "One of the things that we are trying to...

City Calls CU 'Homophobic;' Seeking A New Credit Union.(West Hollywood, CA)(Brief Article)
February 4, 2002... Labeled "homophobic" by one member of this city's City Council for turning away a member's lesbian partner, F&A FCU is discovering the importance of domestic partnership rights as the city looks for another credit union to serve its 150...

Congress Considers Deposit Insurance Rise To $130,000.(Brief Article)
February 4, 2002... Lawmakers in the House and Senate are expected to introduce legislation over the next few weeks that would raise the limit on deposit insurance to as high as $130,000 per account, up from the current $100,000 limit. The measure is being...

Bankers Told They Don't Have Standing In Missouri FOM Suit.(field of membership)(Brief Article)
February 4, 2002... A state court here last week threw out the Missouri Bankers Association's (MBA) challenge to the state's nascent field of membership (FOM) standards, putting at least a temporary halt to the banks' attempts to reign in credit union expansion....

ON DEADLINE.(applications for credit union charters)(Brief Article)
February 4, 2002... FOM Apps On Tap ALEXANDRIA, Va.-The newly constructed NCUA Board will review five large community charter requests in its first open meeting this week. Among them are three community charter conversions postponed from last month's...

Sarbanes Plans Hearings On Financial Literacy, Education.(Senator Paul S. Sarbanes)(Brief Article)
February 4, 2002... Sen. Paul S. Sarbanes (D-MD), the Chairman of the Senate Banking, Housing, and Urban Affairs Committee, plans to hold hearings on the issue of financial literacy and education, but has not listed credit unions as among those he wants to...

Colorado League President Conducts Aurora Symphony.
February 4, 2002... Caroll D. Beach, president of the Colorado and Wyoming Credit Union League, was the guest conductor of the Aurora Symphony Orchestra last week. Beach performed his conducting duties during a special Aurora Chamber of Commerce event that...

CUNA Mutual Mortgage Sets Volume Records During '01.(Brief Article)
February 4, 2002... CUNA Mutual Mortgage Corp. reported it set a new record during 2001 by providing more than $3.1 billion in mortgage-loan origination services to credit unions and their members, up from its record of $2 billion set in 1993. Capping the year...

SECU Adds Online Turbo Tax; Some Offered Free Service.(Brief Article)
February 4, 2002... State Employees Credit Union (SECU) has expanded its online service offerings by adding Quicken's TurboTax for the Web service through a marketing alliance with Intuit Inc. TurboTax for the Web allows taxpayers to prepare and file federal and...

CUs Spared In County Beseiged By Bad Check Problems.(credit unions)(Brief Article)
February 4, 2002... The St. Francios County Circuit Court docket may be jammed with bounced check cases, but it would take a fine-toothed comb to find one involving the area's two credit unions. For some reason, leaders of both credit unions told The Credit...

Second Calif. Ballpark To Bear CU's Name, Logo.(Brief Article)
February 4, 2002... Credit union sponsorship of baseball stadiums may not be a trend yet, but the Golden State now boasts two minor-league parks carrying credit union names. Arrowhead CU, at $590 million and 108,000 members, has become the second to take on...

Just What Does It Cost To Take The Credit Union Out To The Ol' Ballgame?
February 4, 2002... The cost of sponsoring this minor league ballpark is about the same as renting billboard space, according to Larry Sharp, CEO of Arrowhead CU. "If I wanted to do a couple of billboards in a high-density area like the 10 Freeway I'd spend...

Worth Noting.(Missouri Credit Union System)(Brief Article)
February 4, 2002... $49 In Grants Made In Calif. RANCHO CUCAMONGA, Calif.-The California league reported its Shapiro Group provided $49,401 in grants to smaller credit unions in California and Nevada in 2001 to aid in technology purchases, policy and strategic...

Ensure Your Agency Dollars Aren't Lost In Clutter.(Brief Article)
February 4, 2002... "It's all about marketing." This was a comment made recently by a credit union CEO who runs a successful institution in excess of $100-million in assets. He's right on the money. The image of the organization is one of the most important...

Michigan League PACs Both Hit New Fundraising Highs.(Brief Article)
February 4, 2002... The Michigan league is reporting its PACs hit new fundraising highs. During 2001, its Legislative Action Fund (MCULLAF) and the Michigan Credit Union League Action Fund (MCULAF) raised a combined $230,003.35, or 115% of the $200,000 goal....

CUNA Mutual Endorses 3rd Party Risk, Security Firms.(Brief Article)
February 4, 2002... In response to new NCUA regulations, and to help credit unions better assess the risks associated with Internet-connected systems, and improve security of members' confidential data, CUNA Mutual said has developed agreements with several...

Johnson To Be Recognized For Lifetime Achievement.(Richard M. Johnson)(Brief Article)
February 4, 2002... Richard M. Johnson, CEO of Western Corporate FCU, has been named as the recipient of the 2002 Herb Wegner Memorial Award for Lifetime Achievement by the National Credit Union Foundation. Johnson began his "second" career in the credit...

Wis. Asst. Branch Manager Wins Trip To Winter Olympics.(Card Services For Credit Unions)(Brief Article)
February 4, 2002... Card Services For Credit Unions (CSCU) and VISA announced that a UW Credit Union, Madison, Wis. assistant branch manager won a trip for two to the 2002 Winter Olympic Games in Salt Lake City. The package contains hotel accommodations, round...

NY CUs Seek To Participate In State Small Biz Program.(New York State Credit Union League)(Brief Article)
February 4, 2002... After Gov. George Pataki's State of the State Address last month targeted the Excelsior Linked Deposit Program for expansion this year, the New York State Credit Union League has been beefing up efforts to be a part of the program aimed at...

CEO On Slate To Testify.(WCTA FCU)(Brief Article)
February 4, 2002... WCTA FCU CEO Gail F. Bedell will present testimony at a New York State Assembly Hearing on improving the economy of upstate New York at the Rochester, N.Y. City Hall Council Chambers. The hearings were organized to hear proposals to...

Truliant Gives Away 1 Trip Per Week During 50th Year.(Brief Article)
February 4, 2002... For its 50 years in business and $800 million in assets, a simple thank you to members didn't seem to be quite enough. Sure, a big anniversary celebration would help, they agreed. So would a year's worth of money-saving specials on...

CU, CUSO To Host Member Biz Loan Seminar.(Brief Article)
February 4, 2002... Telesis Community CU and its commercial and residential real estate CUSO, Telesis Partnerships, Inc. plan to host a second Member Business Lending (MBL) and Loan Participation seminar. The meeting will be held March 18-20 at the SunBurst...

Product & Service.(Brief Article)
February 4, 2002... WesCorp OK'd For FHLB Program SAN DIMAS, Calif.-WesCorp Investment Services, LLC, a wholly-owned broker-dealer subsidiary of WesCorp, completed its first primary underwriting of debt of the Federal Home Loan Bank (FHLB). WesCorp Investment...

'Optimistic' Accounting Not Limited To Enron.(Brief Article)
February 4, 2002... I call it the silly season. That's the time of the year, generally in late January or early February, when publicly owned companies report their annual financials. While most companies do their best to provide a fair and accurate portrayal...

PEOPLE.(Brief Article)
February 4, 2002... REGION I Cornell Finger Lakes Credit Union, Ithaca, N.Y., named Zenaida S. Choy internal auditor. REGION II Sun East Federal Credit Union, Aston, Penn., announced that Candice Wilkie recently became a Certified IRA Specialist....

Community Page.(Brief Article)
February 4, 2002... New Credit Union Branches Open The following CUs opened new branches: * Mountain America Credit Union opened its 31st branch in Roosevelt, Utah. * Wescom Credit Union opened its 21st branch in Simi Valley, Calif. * Arkansas...

Journal Daily.(Brief Article)(Statistical Data Included)
February 4, 2002... GTE FCU To Build In Enterprise Zone TAMPA, Fla.-GTE Federal Credit Union said it has purchased discounted land in the Tampa Heights district, designated an enterprise zone under the city's redevelopment plans, where it will build new...

FOM Update.(Brief Article)(Statistical Data Included)
February 4, 2002... Education FOM Ripe For Expansion ALEXANDRIA, Va.-Last year, NCUA routinely approved select employee groups over the 3,000 limit set by H.R. 1151. The agency approved almost 100 such SEGs in 2001, with education groups the most fertile...

What Two of The Spots Say @sc#SALT LAKE CITY, Utah.(Brief Article)
February 4, 2002... Utah's credit unions are sponsoring three television ads designed to reinforce the message that some Utahns are being denied membership in credit unions. Video stills of two of the commercials appear on page 1 and above. Below is the...

Research: Volume Of Response Does Not Indicate Value Of The Research.(Brief Article)
February 4, 2002... The research survey is complete, the results are tabulated, and management is thrilled over a stronger-than-usual response rate. The hard work is done-or is it? In this, the first of two parts, we look at why the effectiveness of a...

News Briefs.(Brief Article)
February 4, 2002... British Bill Makes Conversion More Difficult LONDON-The British Parliament is considering a bill that would make it more difficult to switch charters from a mutual business into a for-profit business. The bill would eliminate the ability...

ON DEADLINE.(Brief Article)
February 11, 2002... Small CU, Big FOM ROCHESTER, N.Y.-Roch-ester Postal Employees CU has obtained approval from the state Department of Banking to convert to a community charter serving the 750,000 residents of Monroe County, one of the largest community FOMs...

Calif. CU Plans To Charter Bank In Order To Make MBLs.(Brief Article)
February 11, 2002... Seeking a way around restrictions on member business lending and secondary capital, Arrowhead Credit Union here is planning to charter a subsidiary bank. The bank subsidiary is part of a larger strategy to expand the services Arrowhead...

NAFCU Presses Congress For Relief From Many Provisions Set By HR 1151.(Brief Article)
February 11, 2002... NAFCU extended its efforts last week to obtain regulatory relief for credit unions by urging Congress to overturn several provisions of HR 1151, the CU Membership Access Act, that the group believes are hindering credit unions. Among...

Burglars Use Backhoe To Smash Down Wall.(Food Industries Credit Union branch burglarized)(Brief Article)
February 11, 2002... Burglars using a stolen backhoe wrecked a Food Industries Credit Union branch here when they carved a 26-foot hole out of a back wall and yanked a 4-foot vault out of the floor in what may be a first for credit union break-ins. "I never...

New NCUA Board Approves Large FOMs; One Member Says She Has Concerns.(National Credit Union Association)(Brief Article)
February 11, 2002... The new NCUA board began its regime the same way the old one ended its, by approving several large community charters during last week's open meeting. The meeting was a first for new board members JoAnn Johnson and Deborah Matz, and the...

Court Urged To Keep 'All or Nothing' Reaffirmations In Place.(policies regarding bankrupt debtors disputed)(Brief Article)
February 11, 2002... Credit union lawyers argued in federal appeals court last week that the traditional "all-or-nothing" reaffirmations policy requiring that bankrupt debtors reaffirm all or none of their debts should be allowed to stand, despite an ongoing legal...

CUNA: 'Study Critical Of CU Mortgage Lending Practices Is Flawed'.(Credit Union National Association)(Brief Article)
February 11, 2002... Responding to a study by the National Community Reinvestment Coalition that suggested credit unions do not do as good a job as banks in making mortgages to low-income borrowers, CUNA has countered with its own analysis claiming it isn't a lack...

Package Aimed At Organizations Boosts Membership.(Shreveport Federal Credit Union benefits from Spirit Club Package)(Brief Article)
February 11, 2002... Shreveport Federal Credit Union has been lifted by the Spirit-the Spirit Club Package, that is. Since introducing the special account package to faith-based organizations, including parishioners of churches and volunteers of religious...

Dollars To Doughnuts: Why 1 CU Ordered 80,000 Krispy Kremes.(Brief Article)
February 11, 2002... It was a doughnut run to end all others when Krispy Kreme cranked up its fry vats to cook 670 dozen-more than 80,000 individual glazed donuts-just for members of Vandenberg Federal Credit Union. The Krispy Kreme Run, not to be confused...

Worth Noting.(several brief articles concerning credit union mergers and meetings)(Brief Article)
February 11, 2002... Florida CUs Meet In Capital TALLAHASSEE-The Florida Credit Union League hosted its Legislative Summit with more than 70 credit union representatives on hand. The meeting began with an address from the Chairman of the Florida House...

NCUSIF, Enron Have Just 1 Little Thing In Common.(National Credit Union Share Insurance Fund)(Brief Article)(Editorial)
February 11, 2002... Well, for all you folks who have been missing J.R. Ewing, "Dallas" is back! Except it's moved to Houston! Been following the Enron story lately? Quite a mess isn't it! After all, how often does the seventh largest company in the U.S. go...

CU: No CU Documents Among Those Enron Shredded.(Credit Union)(Brief Article)
February 11, 2002... A report last week on ABCnews.com that credit union documents were among those shredded by the financially troubled Enron Corp. was incorrect, according to Enron FCU CEO Jack McAdoo. "Enron is not shredding credit union documents," he...

Credit Union Service Corp. Reports 2001 Volume Record.(Brief Article)(Statistical Data Included)
February 11, 2002... Credit Union Service Corp. (CUSC), a provider of shared branching services, said it set a record for transactions for 2001, with switch reports from EDS and eFunds indicating the network exceeded 38 million transactions during the year. These...

Virginia CUs Lobby For Parity, Press Issue Of Education.(credit unions)(Brief Article)
February 11, 2002... Representatives of Virginia's credit unions met with members of the state legislature and urged passage of HR 1121, which would bring state-chartered credit unions' reserve requirements in line with their federal counterparts. It could reach...

Banks Increasingly Turn To Air Miles As Debit Card Perk.(Citibank, American Airlines offer AAdvantage debit card)(Brief Article)
February 11, 2002... The number of banks offering airline miles as a perk for debit card usage is growing, with giant Citibank the latest to add the feature. The offer expands on a program already in place on credit cards that is offered in conjunction with...

NCUA Issues Two Prohibition Orders Against Individuals.(Denisha Willis, Sharon Ann Streit)(Brief Article)
February 11, 2002... NCUA has issued prohibition orders against: * Denisha Willis, formerly of San Francisco FCU. Willis pleaded guilty to embezzlement, was sentenced to five months in jail and ordered to pay $125,295 in restitution. * Sharon Ann Streit,...

CUs In Small Market Credit Ads For Boosting Awareness.(credit union advertising campaign successful)(Brief Article)(Polling Data)
February 11, 2002... Seven credit unions in this market are reporting a four-month cooperative ad campaign has paid off. Awareness of credit unions among all consumers increased by 7%, awareness among bank users grew by 13%, and the number of consumers who...

Study Suggests CU ATMs To Grow By 24% Over 2 Years.(credit union survey)(Brief Article)(Polling Data)
February 11, 2002... Credit Union ATM networks will continue their fast-paced expansion over the next two years, according to a new survey by Callahan & Associates. The survey predicts growth of approximately 24%, with machines about equally divided between...

Stay Issued In Antitrust Ruling.(judge rules on MasterCard International, VISA U.S.A. and Visa International)(Brief Article)
February 11, 2002... U.S. District Court Judge Barbara Jones issued a stay on her October antitrust ruling against MasterCard International, VISA U.S.A. and Visa International, pending appeals of the decision. The defendants "have demonstrated they may suffer...

VP Wins Trip To Shuttle Launch.
February 11, 2002... Warren Dixon, VP with Wichita Falls Teachers FCU, won a contest sponsored by Southwest Corporate FCU that offered a prize trip to watch the launch of the space shuttle Endeavour May 2. The trip was offered to highlight the launch of SCFCU's...

Bacino: NCUA To Send Letter.(former boardmember, Geoff Bacino)(Brief Article)
February 11, 2002... In his first comments to CUs since leaving the NCUA board, Geoff Bacino told those attending Lending Solutions' Annual Users Meeting to watch for a letter from NCUA related to lines of credit. "Credit unions approved lines of credit over the...

[1] Product & Service.(Credit Union Financial Services Limited Partnership, CUSO Financial Services, CommunityAmerica Credit Union, Liberty Enterprises, Colorado Credit Union League)(Brief Article)
February 11, 2002... CU Mutual Fund Turns 15 WASHINGTON, D.C.-The Credit Union Financial Services Limited Partnership, which founded the credit union industry's first mutual fund family for credit unions, is celebrating its 15th birthday. Founded in 1987 by 20...

IRS Is Offering Free Tax Prep For Needy Members.(Internal Revenue Service)(Brief Article)
February 11, 2002... The Internal Revenue Service (IRS) said it is offering free tax preparation services for needy members. The IRS Volunteer Income Tax Assistance (VITA) Program offers free tax preparation and transmittal for low- and moderate- income people,...

Delinquencies Climb In Early Year-End Analysis.(credit union financial information)(Brief Article)(Statistical Data Included)
February 11, 2002... In another sign of recession-related troubles, delinquencies climbed at credit unions in December for the fifth month in a row, according to CUNA. The average delinquency ratio moved up to 0.84%, the highest in more than two years. CUNA...

Provident Central Asks For FOM Of 11 Million.(fields of membership)(Brief Article)
February 11, 2002... The march to open fields of membership, or FOM, continues in the Golden State. Provident Central CU has applied to state regulators with the Department of Financial Institutions (DFI) for what is believed to be the biggest FOM grant ever in...

NCUA (National Credit Union Association) Rules Credit Union Boards Can't Vote Via E-Mail.(Brief Article)
February 11, 2002... NCUA said it will not support a standard Federal CU bylaw amendment that would allow directors to vote by e-mail. "The limitations of e-mail would preclude a chair from controlling the meeting and complying with general corporate law," NCUA...

News Briefs.(Brief Article)
February 11, 2002... Rob A CU Or Shoplift? In Wash., Penalty Is The Same OLYMPIA, Wash.-Credit unions are backing a bill in the state legislature here that would beef up the penalities for bank robbery. According to the Washington league, on a per capita basis...

Nebraska Credit Union's Unique Loan Pricing Credited For Attracting Business.(Brief Article)
February 11, 2002... Even with all the high-tech bells and whistles available for lending, one credit union's success has come in a most low-tech fashion. Its strategy: stick to the original principals of what a credit union is all about and give back to the...

CUNA (Credit Union National Association) Offering Support To Those Targeted In Lawsuit Over Brand.(Brief Article)
February 11, 2002... CUNA reported it has offered to support credit unions that have been targeted by the holding company of Gold Banc, which has filed a lawsuit over usage of the tagline, "Where People Are Worth More Than Money." Gold Banc uses the tagline,...

300,000's A Crowd: ...America First Credit Union Has Turned To Technology And A Branch Redesign To Handle The Traffic.(Brief Article)
February 11, 2002... Overwhelmed with transaction volume due in part to state restrictions on branching, America First CU's grocery store location has managed to double its teller stations in the same amount of space-after moving the ATM next to the dog food. ...

Journal Daily.(Brief Article)
February 11, 2002... CU To Leave Federal Insurance SAN DIEGO-Financial 21 Community CU said it plans to leave the federal deposit insurance system and migrate to Dublin, Ohio-based American Share Insurance, the nation's leading private deposit insurer. Gene...

FOM Update.(Brief Article)
February 11, 2002... CCU Seeks New Ground On FOM PLANO, Texas-Community CU, already authorized to serve the largest FOM in the Lone Star State, has asked permission from state regulators for one of the largest FOM grants ever, to serve anyone paid from...

Community Page.
February 11, 2002... CCUA Gathers Gifts For Children WALLINGFORD, Conn.-The Connecticut Credit Union Association hosted a holiday reception and gathered gifts from attendees for the children of the Connecticut National Guard who were called to active duty. ...

Ice Storm Has Staff Sleeping At CUs, Using Y2K Plans.(Brief Article)(Statistical Data Included)
February 11, 2002... Storms that included snow and freezing rain pummeled parts of the Midwest last week, leaving credit unions and at least one league office in two states without power for several days. Representatives of leagues in both Missouri and Oklahoma...

Product & Service.(Brief Article)
February 11, 2002... Alaska Cruise Is Planned MADISON, Wis.-CU Educruise said it will sponsor a week-long cruise to Alaska with an educational theme entitled, "Best Practices Symposium for Uncommon Credit Union Leaders." Scheduled for June 22-29th to Alaska's...

Online Board Meetings Out Of Line?: As More CUs Move Board Meetings Into Electronic Environment, NCUA Clarifies What It Said In Recent Ruling.(Brief Article)
February 18, 2002... As technological advances are beginning to make "virtual board meetings" a viable option to meeting in person, there is some confusion about just how far directors can venture into cyberspace in lieu of gathering around the boardroom table....

Homegrown Savings: Riverside County's Credit Union Says Developing Its Own Loan Platform Is Saving It $10,000 Per Month In Fees.(Brief Article)
February 18, 2002... By pioneering its own online consumer lending platform, Riverside County's Credit Union (RCCU) reports it has trumped the middleman, saving $10,000 per month in outsource fees, according to Jeremiah Worthington, Internet manager. Third...

Online Payments Raising Host Of Unresolved Issues.(PayPal)(Brief Article)
February 18, 2002... Efforts to bring PayPal, Inc., to market in an initial public offering (IPO) ran into increased pressures last week as state regulators ordered the online payment services provider to obtain applicable banking licenses. At least 16 states...

Missouri Bankers Pledge To Go On With FOM Fight.(field of membership)(Brief Article)
February 18, 2002... The bankers won't give up their efforts to get a judicial review of their field of membership (FOM) challenges and will appeal last month's ruling by a state court here throwing their case out before it was even heard. "We're just not...

ON DEADLINE.(Comprehensive Deposit Insurance Reform Act, credit card insurance fraud)(Brief Article)
February 18, 2002... Insurance Bill Submitted WASHINGTON, D.C.- Lawmakers introduced legislation last week that would increase the coverage on federally insured deposits, including NCUSIF-covered funds, to $130,000 per account, from the current $100,000...

Inside This Issue.
February 18, 2002... Olympics & Utah CUs..Page 3 Year-End Numbers........Page 3 Co-op, SCC Merger...Page 6 Mortgage Help..............Page 7 Tech Report............Pages 8-23 Washington Watch......Page 24 Community News.......Page 26 ...

Utah CUs Say Olympics Worth The Security Hassles.(credit unions)(Brief Article)
February 18, 2002... While all eyes are on this city during the Winter Olympic Games, the staff of one credit union here has a front-row seat to the pageantry-and the heightened security measures. Meanwhile, numerous credit union reps are volunteering in a...

A First Look At The Year-End Data.(of credit unions)(Brief Article)(Statistical Data Included)
February 18, 2002... Early analysis of data from the fourth quarter of last year indicates that despite the Sept. 11 attacks, the war in Afghanistan and the stumbling economy, credit unions continued to grow at double-digit rates while also maintaining solid...

Man Suspected In Midwest Robberies.(Brief Article)
February 18, 2002... A man who robbed Mizzou CU last month while townspeople gathered outside to watch the Olympic Torch Relay is suspected in as many as 15 credit union and bank robberies in eight Midwest states over the past year. Surveillance videos taken at...

Worth Noting.
February 18, 2002... Fed Wants HMDA Data E-Mailed WASHINGTON, D.C.-The Federal Reserve Board is asking financial institutions to send Home Mortgage Disclosure Act (HMDA) reports for 2001 (the due date is March 1) by e-mail. The Fed indicated that many...

It May Sound Like A Virtually Great Idea, But... Views & Opinion.(virtual board meetings)(Brief Article)
February 18, 2002... For those of you who are credit union CEOs and managers perhaps no technology development has been more eagerly awaited or more welcome than technology that allows the board of directors to hold its meetings off-site and at remote locations....

CO-OP, SCC Merger Brings Huge ATM Presence; Brand Challenge Next.(CO-OP Network, Shared Service Centers)(Brief Article)(Statistical Data Included)
February 18, 2002... With some 12,000 ATMs nationwide and an expected transaction volume of about $55 million per month, the combined selective-surcharge ATM network resulting from the merger of the CO-OP Network and Shared Service Centers, Southfield, Mich.,...

Plan Lets Members 'Modify' Mortgage Rate At Low Cost, Little Time.(State Employees Credit Union)(Brief Article)
February 18, 2002... About 1,000 members so far have taken advantage of State Employees Credit Union's offer to "modify" their existing mortgages at a lower interest rate without the hassle, time and closing costs of traditional refinancing methods. "Rather...

Steel Credit Unions Make Plans To Help The Laid Off.(Brief Article)(Statistical Data Included)
February 18, 2002... Steel Works Community Credit Union members with limited income due to recent layoffs or pay cuts by their steel-manufacturing employers will get financial assistance from their credit union. Two steel factories in the Ohio Valley, Weirton...

The Direct Route: A Joint Venture Between Wescom Credit Union And Vendor Has Made It Easier For Members To Transfer Funds.(Wescom IDS offers solutions for credit unions)(Brief Article)
February 18, 2002... A joint venture between Wescom Credit Union and Integrated Data Systems says it has developed technology-based member services exclusively for credit unions. Called Wescom IDS, it is entering the credit union market with an offer of...

The 2002 Credit Union Journal Technology Panel.
February 18, 2002... The following are members of The Credit Union Journal's Technology Panel. They are all given the opportunity to participate in responding to reader questions, in addition to providing input to The Journal on our technology coverage. John...

Technology News.(Brief Article)(Statistical Data Included)
February 18, 2002... Home Sales Now Online PHOENIX-Desert Schools FCU said it has introduced an online program, called HomePower, that allows members to buy, sell and finance their homes on the Internet. The service offers back of up to 1% of the home's sale...

CU's Cross-Sales Software Seeks To Send Unified, Consistent Message.(Brief Article)
February 18, 2002... A "unified, consistent message" is going out to Atlantic CU membership, thanks to early adoption of new cross-sales software, according to David Reis, director of technology. The 29,000-member credit union is among the first to beta-test...