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Credit Union Journal articles from January 2006

21,908 total articles

Weekly newsletter focusing on the news of the credit union community. Features special reports, year reviews, and opinion columns.

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Credit Union Journal archives from January 2006

Mortgages: Bust, Fizzle or Just Fine In 2006?
January 9, 2006... MADISON, Wis. -- As interest rates slowly but surely rise, economists are predicting everything from a "bubble burst" to a "slow fizzle" in the mortgage market. The question now is, "Was 2005 a 'last call' for mortgages?" "Clearly, 2005...

Rising Gas Prices, Rising Repos Of Large Vehicles.
January 9, 2006... MISSOULA, Mont. -- Even in this part of the country, where big trucks are as ubiquitous as the Big Sky, credit union officials have started to notice an upswing in repossessions of large vehicles as members just can't keep pace with rising gas...

Big Issue In New Year Was Raised During Last Year.
January 9, 2006... WASHINGTON -- For the credit union trade associations, they'll be spending a lot of time in 2006 dealing with thorny issues that arose in 2005. Case in point is demonstrating that credit unions continue to deserve the federal tax...

Facing Lawsuit, NCUA Orders Halt To All Additions Of New Underserved Areas.(National Credit Union Administration)
January 9, 2006... ALEXANDRIA, Va. -- Faced by the possibility of another embarrassing court ruling, NCUA in the final workday of 2005 withdrew its approval for America First FCU to serve underserved communities and ordered an immediate halt to all new...

'Spear-Phishing' Attack Targets CEOs, Senior Managers.
January 9, 2006... ARLINGTON, Va. -- Credit unions are being warned of a new "spear phishing" scam targeting CEOs that tries to take advantage of a recently patched Internet Explorer hole to compromise credit union computers. The attacks, according to the...

On Deadline.
January 9, 2006... Former Teller Files Suit, Alleges Retribution BOSTON-The former head teller at Boston Globe Employees CU filed suit against the credit union and its board last week claiming she was fired for exposing wrongdoing by other employees,...

North, South Dakota Leagues Plan To Merge.
January 9, 2006... BISMARK, N.D. -- The North Dakota and South Dakota credit union leagues will consolidate to form Mid America Credit Union League as soon as a new CEO can be hired. The two leagues are leaving the door open for other state leagues to join...

Analysis Finds Slight Decline In Holders Of CU Credit Cards.(Brief Article)
January 9, 2006... PORTLAND, Ore. -- The percentage of members who carry credit cards from their credit union declined slightly as of Sept. 30, according to an analysis by AssetExchange. The company, which brokers credit card portfolios, said its analysis of...

Worth Noting.(Brief Article)
January 9, 2006... Smith To Return To Kansas WICHITA, Kan.-John Smith, who was replaced last year as Missouri credit union supervisor, will return as chief credit union regulator in Kansas, where he served from 1993 to 1998, Gov. Kathleen Sebelius announced...

Predictions For 2006? Just Plug In 2003, Or '01, Or...
January 9, 2006... If you're always looking forward, do you ever have time to look back? And can looking back help you to look forward? No, that's not the opening sentence from my forthcoming book, "Chicken Soup for the Confused, Double-Speaking Soul."...

Different Strategies, Same Goal-Improvement.
January 9, 2006... "...Your challenge is not just to improve. It is to break the service paradigm in your industry or market so that (members) aren't just satisfied, they're so shocked that they tell strangers on the street how good you are." -Jack Welch,...

Research: What Really Attracts Members.
January 9, 2006... Since the challenge of attracting new members is largely one of getting people to change institutions, the question arises, why do people switch? There are two basic reasons: major life changes (moving, marriage, divorce, new job, etc.) and, in...

One CU's Strategy For Breaking Into A Cluttered Business Services Market.(USA Federal Credit Union)
January 9, 2006... SAN DIEGO -- USA Federal Credit Union has entered the crowded and competitive market of small business services with its purchase of an equity stake in Member Business Services. Member Business Services began its life as a department within...

3-Year Study IDs What Really Works In Reaching 'Unbanked'.
January 9, 2006... CHICAGO -- Credit unions that plan during 2006 to expand services to the underserved need to realize that low-income consumers aren't simply "regular" customers with less money if they wish to succeed in reaching out to this market, according...

Why Partnership Must Take Back Seat To Who Partner Is.
January 9, 2006... CHICAGO -- Partnering with different organizations may be the key to successfully reaching out to the "unbanked"-but there are hidden risks in those partnerships. A recent study by the National Community Investment Fund's Retail Financial...

Product & Service.
January 9, 2006... Maintenance Insurance Selected TAMPA, Fla.-GTE FCU has selected CUNA Mutual Group Equipment Maintenance Insurance (EMI) to cover select branch equipment. EMI offers credit unions a lower cost alternative to traditional maintenance service...

Mountain America Seeks To Build Niche With Services Targeted At Women.
January 9, 2006... SALT LAKE CITY, Utah -- Mountain America Federal Credit Union has launched its own financial education program tailored to women's business and personal needs. The Mountain America's Women's Financial Services Network (WFSN) will provide...

In New York, Assistance Offered In Better Assessing Where CU Stands.
January 9, 2006... LATHAM, N.Y. -- A partnership just underway in 2006 between the New York State Credit Union League should start to pay dividends for credit unions when it comes to planning for 2007. The league has partnered with Virtual CEO Consulting...

Worth Noting.
January 9, 2006... CD Rate Proves Very Attractive MELBOURNE, Fla.-Space Coast Credit Union here had to cut short a certificate offering when response proved to be too strong. The $1.3-billion CU was seeking $20 million in deposits with a seven-month CD...

One Economist Sees Potentially Big Risks From 'Exotics'.
January 9, 2006... SAN DIMAS, Calif. -- At least one credit union economist is suggesting there are even greater risks in the 2006 mortgage market than some might believe. And the problems could start in his home state. "The risks are very big right now,"...

Guidance Issued On 'Exotics'.(exotic mortgage loans)
January 9, 2006... WASHINGTON -- Concerned over the "adjustable" portion of ARMs, the federal regulators have issued proposed guidance on "exotic" mortgage loans. "These nontraditional mortgage products include 'interest-only' mortgage loans where a borrower...

CU Journal To Host Conference On Best Practices.
January 9, 2006... MIAMI -- Credit unions across the country have developed numerous, innovative best practices across a range of disciplines. Now they're going to share them. The Credit Union Journal has announced plans to host its first-ever Best Practices...

CU Execs Offer Insights To Journal.
January 9, 2006... ORLANDO, Fla. -- The Credit Union Journal hosted its second annual CEO Summit here, with executives from across the country joining in the free-ranging discussion. The goal is to provide editors of The Journal with insights and direction on...

Product & Service.
January 9, 2006... PEFCU Expands With CO-OP WEST LAFAYETTE, Ind.-The $420-million Purdue Employees FCU, a CO-OP Network member credit union since 2003, has signed an agreement to expand its electronic payment services. In addition to giving its 56,000...

Chapters Play Key Role In Grant Program Launched By Carolinas Foundation.
January 9, 2006... SOUTHPORT, N.C. -- A teen shelter is the first recipient of a grant program launched by the Carolinas Credit Union Foundation aimed at helping small community-based charities and aid organizations that might otherwise be overlooked by large aid...

Members Are Spending, And Savings Show It.
January 9, 2006... MADISON, Wis. -- Credit union deposits declined again in November, for the second month in a row and the sixth month in 2005, as American consumers continued to fund their spending sprees from savings. Members drained almost $3 billion from...

People.(Brief Article)
January 9, 2006... Charter Oak Federal Credit Union, Groton, Conn., promoted Joseph Childress to assistant vice president of information technology, Jeffrey McKerran to assistant vice president of lending services, Patricia Michaud to assistant vice president of...

The CU Journal Daily.
January 9, 2006... America First Gets Personal SALT LAKE CITY-America First CU officially rolled out its new personalized credit card service on New Year's. The Picture Perfect Visa Card will allow members of the $3-billion credit union to place a digital...

Community Page.
January 9, 2006... CUs Spread Holiday Joy And Giving * Palisades FCU, Pearl River, N.Y., participated in the Salvation Army's Angel Tree Program. * Community One FCU, Las Vegas, provided 15 turkeys and trimmings to families of Gibson Middle School...

San Diego County CU Says It Scored Touchdown With Bowl.(San Diego County Credit Union)
January 9, 2006... SAN DIEGO -- Navy's Reggie Campbell tied a college football bowl record with five touchdowns to lead the Midshipmen to a 51-30 win over the Colorado State Rams in the inaugural Poinsettia Bowl here-but the play on the field was not the story....

CUNA To Manage Ohio CUL's Educational Offerings.(Credit Union National Association)(Ohio Credit Union League)(Brief Article)
January 9, 2006... MADISON, Wis. -- The Ohio CU League has become the first league to enter into a partnership in which CUNA will provide educational services to credit unions. Under the agreement, CUNA is responsible for managing the Ohio curriculum and program...

Visa USA Makes Changes To Logo, Card Design.(Brief Article)
January 9, 2006... SAN FRANCISCO -- For the first time in 30 years, Visa USA has tweaked the look of its logo. Effective Jan. 1, the updated brand mark will start appearing on all new materials, including Visa payment cards, merchant decals, marketing materials...

Corrections & Clarifications.(Correction Notice)
January 9, 2006... * The Dec. 12 issue should have reported that it is RouteOne that is in a joint venture of DaimlerChrysler, Ford Motor Credit, GMAC, and Toyota Financial Services. * Due to an editing error, a profile of Gigi Hyland in the Dec. 12 issue...

CUs Not Included In New Credit Card Rule But They Could Still Feel The Fallout, Experts Say.(Credit unions)
January 16, 2006... WASHINGTON -- Credit unions do not have to comply with new guidance requiring an increase in the minimum payment formula for credit cards, but that doesn't mean they won't feel the impact of it, according to several experts. Guidance...

Shared Branching Flirting At 30: After 3 Decades Of Challenges, It's About To Take Off.
January 16, 2006... SOUTHFIELD, Mich. -- It was 1975, and in Greater Detroit the news was dominated by the emergence of these little Japanese automakers offering fuel-efficient automobiles to consumers suddenly aware of three little letters: MPG. Miles per...

Unbanked Can Bank On San Francisco CUs.(Credit unions)
January 16, 2006... SAN FRANCISCO -- More than a dozen local credit unions and banks are asking the thousands of unbanked residents of this Bay City to Bank on San Francisco. Modeled after Manhattan's "Bank on New York" program, the local depositories are...

Wis. CUs Recruiting Low-Income Tax Filers.
January 16, 2006... MADISON, Wis. -- In yet another new project to serve the underserved, the state's credit unions have joined with the banks and the Wisconsin Department of Revenue in an initiative aimed at signing up low- and moderate-income residents around...

Phishers Hack Into Accounts At Y-12 FCU.
January 16, 2006... OAK RIDGE, Tenn. -- Internet phishers convinced members at Y-12 FCU to give out their account numbers and PINs last week which were used to steal thousands of dollars from member accounts. The phishers apparently found a security hole in...

On Deadline.
January 16, 2006... Tech, Defensive Filings Cause Vulnerabilities WASHINGTON-Calling financial institutions the "first line of defense" against money laundering, the U.S. Money Laundering Threat Assessment working group said technological advancements that...

NAFCU Hires Lobbyist Dan Berger To Succeed Donovan.(National Association of Federal Credit Unions )
January 16, 2006... ARLINGTON, Va. -- NAFCU announced last week it hired B. Dan Berger, a lobbyist for the thrift industry's trade association, America's Community Bankers, as its new chief lobbyist. As head of NAFCU's regulatory affairs department, Berger...

Rumored Anti-CU Bill Quashed In Kentucky.
January 16, 2006... FRANKFORT, Ky. -- A rumored bill that would strip Bluegrass credit unions of the state tax exemption doesn't seem to be going anywhere according to Kentucky Credit Union League President Wendell Lyons. Lyons said that no bill had been...

Worth Noting.
January 16, 2006... Navy Federal Achieves CFS Goal VIENNA, Va.-Navy FCU said it achieved its 2005 Combined Federal Campaign (CFC) goal, collecting $289,000. Since attaining its first contribution goal of $10,505 in 1980, Navy Federal employees have...

A Question Worth Studying? It's The Last Thing Needed.
January 16, 2006... Still searching for that ideal gift for the person in your family who will graduate college this year? How about pointing them toward a career that can last their lifetime, and it's one of those swell government jobs, to boot? Yes, I'm...

CU Loan Aids Start-Up Of Restaurant For Former World Trade Center Workers.(credit unions)
January 16, 2006... NEW YORK -- When the latest entry to this city's panoply of restaurants opened last week it represented a new kind of monument to the victims of 9/11. That's because the owners of Colors, a multi-ethnic eatery in Greenwich Village, a short...

Kellogg Foundation Helps CDCU.(Brief Article)
January 16, 2006... BATTLE CREEK, Mich. -- The W.K. Kellogg Foundation has made a $92,000 grant to help underwrite the launch of a community development credit union here. The "Yes We Can!" grant is being used by a steering committee that has been formed to help...

Maine's CUs Raise $600K-Plus.(Brief Article)
January 16, 2006... WESTBROOK, Maine -- While Maine's credit unions have earned a well-deserved name for themselves for their extraordinary efforts to fight hunger in the state, the Maine league is reporting that collectively, Maine's credit unions raised more...

Why You Should Re-Examine Your Interchange Strategies.
January 16, 2006... The world of network interchange has changed dramatically over the past decade with the onset of debit cards, the rise of PIN and signature-based transactions, and the proliferation of mergers and acquisitions among debit networks and...

Product & Service.(Brief Article)
January 16, 2006... SmartSource Redesigns CU's Site WALLINGFORD, Conn.-SmartSource Solutions, LLC, a CUSO of Constitution Corporate FCU, has redesigned the website for Montrose FCU (www.mfcu.org) in Montrose, Colo. "Our old website was in dire need of a...

Credit Union Journal April Conference Will Focus On Best Practices.
January 16, 2006... MIAMI -- Credit unions across the country have developed numerous, innovative best practices across a range of disciplines. Now they're going to share them. The Credit Union Journal has announced plans to host its first-ever Best Practices...

'Core Purpose' Helps Drive Site For New Branch.(Andrews Federal Credit Union)
January 16, 2006... HENSON RIDGE, Washington D.C. -- While Congressional leaders are questioning some credit unions' motives for expanding into low-income markets, one CU that recently made such a move said "heartfelt desire to serve" was just what drove its...

Study: Higher Balance, Higher Rate Not Fair.(Brief Article)
January 16, 2006... SURREY, B.C. -- A study conducted here by Ipsos Reid and commissioned by Coast Capital Savings has found that more than 60% of Canadians feel it is unfair for higher-balance investors to receive preferential rates on their term deposits. ...

Racetrack & Casino Gives Grant To Iowa Foundation.(Prairie Meadows Racetrack and Casino)(Iowa Credit Union Foundation)(Brief Article)
January 16, 2006... DES MOINES, Iowa -- The Prairie Meadows Racetrack and Casino has made a $10,000 grant to the Iowa Credit Union Foundation as part of its community betterment grant program. The money is to be used to create a multimedia public awareness...

Product & Service.
January 16, 2006... Missouri Corporate Pays Bonus ST. LOUIS-Missouri Corporate Credit Union (MCCU), which said it already has one of the highest dividend payout ratios of any corporate credit union in the U.S., declared a bonus dividend of $100,000 to be paid...

Central Star CU Has A COW And The Results Are Just Bovine.
January 16, 2006... WICHITA, Kan. -- It all started with a pink cow. Central Star Credit Union was seeking to separate itself from the herd of financial institutions in Wichita and hired an ad agency to design a new campaign. The one thing the credit union...

CEO To Again Use Sailboat Race To Raise Funds.(Jim Updike of Honda Federal Credit Union)(Brief Article)
January 16, 2006... TORRANCE, Calif. -- Jim Updike, CEO of Honda FCU, is planning once again to captain a sailboat in the 58th Annual Lexus Newport to Ensenada race and, in the process, break a record for funds raised for the Children Miracle Network. Last year,...

Product & Service.(Brief Article)
January 16, 2006... ServiceCorp To Rebate $80,000 INDIANAPOLIS-The Indiana Credit Union League's Servicecorp subsidiary is rebating a total of $80,550 to credit unions that have used its services this year. Rebates are going to clients in four product and...

Bankers Endorse Risk-Based Capital For CUs.(Brief Article)
January 16, 2006... ARLINGTON, Va. -- A representative of the American Bankers Association said last week the bankers group supports credit unions' efforts to enact a risk-based capital system for credit unions, but not the one NCUA has proposed to Congress. ...

Bankers Ask Congress To Intervene In Dispute.(American Bankers Association)(Brief Article)
January 16, 2006... WASHINGTON -- Meantime, American Bankers Association asked Congress last week to step into the expanding dispute over credit unions' service to the underserved, now festering in a federal court in Utah, as well. In a letter to all senators, the...

Seats On NAFCU Board Mean Changes Ahead.(National Association of Federal Credit Unions)(Bill Cheney )(Brief Article)
January 16, 2006... ARLINGTON, Va. -- The appointment of Xerox FCU CEO Bill Cheney as the successor to Dave Chatfield as president of the California/Nevada credit union leagues is expected to be a prelude to a major turnover on the NAFCU Board. Though Cheney has...

Former CUNA Execs To Join Federal Regulator.(Credit Union National Association)(John McKechnie and Gary Kohn joins National Credit Union Administration )(Brief Article)
January 16, 2006... ALEXANDRIA, Va. -- The best-known secret is about to become public this week when CUNA's top two lobbyists, John McKechnie and Gary Kohn, join NCUA. The two now-former lobbyists were cleared by the White House last week and will join the...

NCUA Clears CUs To Endorse Third Parties.(National Credit Union Administration)(Brief Article)
January 16, 2006... ALEXANDRIA, Va. -- NCUA last week cleared federal credit unions to endorse vendors and other third-party providers in advertisements and marketing materials. In a new legal opinion letter, NCUA told Glendale Area Schools FCU, in Montrose,...

People.(Paul Wagner joins Hershey Federal Credit Union)(Christopher Duwe gets promoted at Empire Corporate Federal Credit Union)(Tom Merfeld joins CUNA Mutual Group)
January 16, 2006... Hershey Federal Credit Union, Hershey, Penn., named Paul Wagner loan manager. Altura Credit Union, Riverside, Calif., named Richard Theetge senior account executive of its subsidiary Patrion Insurance Services. Empire Corporate FCU,...

The CU Journal Daily.(credit union)(Robert Stuart joins OnPoint Community Credit Union)(Allow Card of America introduces prepaid stored-value card )(Gulf Winds Federal Credit Union pays bonus)
January 16, 2006... Bank Exec To Head CU Giant PORTLAND, Ore.-OnPoint Community CU, the state's largest credit union known until Jan. 1 as Portland Teachers CU, has hired Robert Stuart, a senior vice president at Bank of America, as its new president and CEO....

Community Page.(Wright-Patt Credit Union opens new branch)(Memphis Area Teachers' Credit Union keeps id theft seminar)(Aberdeen Proving Ground Federal Credit Union plans to open branch)
January 16, 2006... Credit Unions In Their Communities * Comala Credit Union, Montgomery, Ala., raised more than $2,294 for the American Diabetes Association. * AFTRA-SAG Federal Credit Union, Burbank, Calif., has surpassed $200 million in assets. *...

CU Ought To Be In Pictures: America First Offers Members a Picture Perfect Visa Card.(America First Credit Union )
January 16, 2006... SALT LAKE CITY -- The members at America First Credit Union here are enjoying a new but familiar (to them) look on their Visa cards. Thanks to advances in image technology, America First offers its members a chance to upload their own...

NCUA: CUs Aren't Part Of The Problem.(National Credit Union Administration)(Brief Article)
January 16, 2006... ALEXANDRIA, Va. -- NCUA was the sole federal financial regulator not to adopt guidance that would increase minimum payments on credit cards because the agency didn't believe CUs were part of the problem the guidance sought to resolve. The...

Community Page.(Co-op Services Credit Unionb named one of the brightest companies)(St. Mary's Bank opens two new branches)(South Carolina Federal Credit Union gives donation)
January 16, 2006... Credit Unions In Their Communities * Co-op Services Credit Union, Livonia, Mich., was named one of Metropolitan Detroit's 101 Best and Brightest Companies to Work for by the Michigan Business & Professional Association. * United...

Special Perk For Members Of Denali Alaskan: Their Own Blend of Coffee.(Denali Alaskan Federal Credit Union)
January 16, 2006... ANCHORAGE -- Denali Alaskan FCU has added "another great perk" to its product line up-a special blend of coffee called Above & Beyond Blend. "Coffee up here is pretty much worth its weight in gold," said Eileen S. Thompson,...

NCUA Seeks CU Guidance On Proposed Underserved FOM Rule.(National Credit Union Administration)(credit union)(fields of membership)
January 23, 2006... ALEXANDRIA, Va. -- In another concession to the bankers, the NCUA Board last week issued for comment a proposed new rule that would explicitly allow community chartered credit unions to add underserved communities to their fields of membership....

Trashing Your Network Security: How 1 CU Made Network Security Someone Else's Problem.
January 23, 2006... LOCKPORT, NY -- Get rid of your firewalls, intrusion prevention and malware tools-but keep your network secure. That's what Cornerstone Community Federal Credit Union did when it switched to managed network security services last summer....

Future Is Now For CU Innovations.
January 23, 2006... MADISON, Wis. -- For a group of more than three dozen credit union executives participating in a groundbreaking study of new and potential products and services for credit unions-the future is now. The group, dubbed i3 by the Filene...

The Measures FPCU Has Taken To Boost The Bottom Line.(Financial Partners Credit Union)
January 23, 2006... DOWNEY, Calif. -- By most measures, Nader Moghaddam has had a successful first year at the helm of Financial Partners CU. The former executive vice president at Kinecta Federal Credit Union took over as president and CEO of Financial...

On Deadline.(John McKechnie and Gary Kohn joins National Credit Union Association )(DC Police Federal Credit Union helps in raising funds )(Patelco Credit Union provides health savings accounts)
January 23, 2006... CUNA Executives Officially Join NCUA ALEXANDRIA, Va.-NCUA announced last week that CUNA's two top lobbyists are joining the agency in executive capacities. CUNA's chief lobbyist John McKechnie is expected to be named congressional liaison...

GAC To Feature AGM, Journalist Bob Woodward.(Credit Union National Association)(governmental affairs conference)(annual general meeting)
January 23, 2006... WASHINGTON -- CUNA's Governmental Affairs Conference boasts two new features for this year: the trade group's Annual General Meeting will take place in conjunction with GAC, and The Washington Post's famed investigative journalist, Bob Woodward...

World Business Review Features FSCC.(Financial Service Centers Cooperative)(Brief Article)
January 23, 2006... BOCA RATON, Fla. -- Financial Service Centers Cooperative is featured on World Business Review hosted by Gen. Alexander Haig. The paid-programming show aired on CNBC on Jan. 19 and appears again today on Bravo!. The segment explores...

Worth Noting.
January 23, 2006... Cochran Named To Top 50 List HARAHAN, La.-Louisiana Credit Union League CEO Anne Cochran has been named one of the Top 50 Women of the Year by New Orleans weekly business newspaper CityBusiness. Cochran was selected for the honor for...

The Opportunity To Offer 'Coaching' To Members.
January 23, 2006... Have you sensed the changes you would go through if the movement lost the federal income tax exemption? Political pressures are growing to increase federal revenues, clean out unworthy tax exemptions, and maybe (dare I say it) stop the bankers...

Cheney Balances Final Days at Xerox While Prepping for League Job.
January 23, 2006... EL SEGUNDO, Calif. -- As Bill Cheney's days as president and CEO of Xerox Federal Credit Union wind down, and he prepares to take over as president and CEO of the California and Nevada Credit Union Leagues, the credit union executive is working...

Dallas County CU Now A Part of Texans CU.(Brief Article)
January 23, 2006... RICHARDSON, Texas -- Texans Credit Union (TCU) and Dallas County Credit Union, have merged. As the surviving charter, TCU now serves more than 163,000 members and has assets of more than $1.5 billion. "This merger is a good step...

Why The TIme Is Right To Establish A Collaboration Development Fund.
January 23, 2006... Credit unions today are facing a finite set of choices. The cold hard fact is that credit unions must grow in order to survive. Growth brings efficiencies and resources to enable credit unions to successfully compete in the financial services...

'Relationship-Service Society' Prioritizes Training.
January 23, 2006... ST. LOUIS -- What should your credit union make of the "dilemma" presented by a study that found most consumers have no interest in a "relationship" with a financial institution? That a credit union would only be compounding it's challenge...

Product & Service.
January 23, 2006... Ofori To Service Fidelity Loans JACKSONVILLE, Fla.-Fidelity Information Services recently announced that Ofori Lender Services would service 5,000 loans on Fidelity's Mortgage Servicing Package (MSP). Ofori services mainly Ginnie Mae loans...

May I Help You? ?Puedo Ayudarlo?: With The Push To Reach Out To Hispanics, One Bilingual MSR Is Always Ready To Answer The Call...In Either Language.
January 23, 2006... MADISON, Wis. -- Heartland Credit Union not only found a new way to attract and serve Hispanic members, it didn't spend a dime in the process. Like many credit unions around the nation, Heartland CU was examining a Spanish-language version...

Military Recreation Center Gets CU Backing.(Brief Article)
January 23, 2006... EL PASO, Texas -- A new USO recreation center at Fort Bliss is expected to be unveiled later this spring, courtesy of FirstLight Federal Credit Union. The credit union, known until last July as Fort Bliss Federal Credit Union, donated...

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