Credit Union Journal articles from October 2004

Credit Union Journal archives from October 2004

Credit Unions Told To Wait Til Next Year For Legislation.
October 4, 2004... The cry was "wait till next year" for credit union legislation during NAFCU's annual Congressional Caucus last week. With a little more than two weeks left in the 108th Congress, lawmakers were loath to project any confidence that credit...

Florida's CUs, Leagues Hone Skills In Disaster Planning.(credit union)
October 4, 2004... The Florida Credit Union League knew something about hurricanes before. But now the league has become something of an expert at disaster planning and recovery. "We are not a disaster relief agency," said FCUL's Mark Ivester, almost as if...

CUs Are Awarded $7M In CDFI Grants.(credit unions)(Community Development Financial Institution)
October 4, 2004... Six credit unions and four credit union-backed organizations will receive almost $7-million in federal funding under the Treasury Department's Community Development Financial Institutions program, most of it to help them expand or start...

Member Response Indicates Facility Is On The Right Track.(Clinchfield Federal Credit Union)
October 4, 2004... Few credit union buildings manage to capture the very heart and soul of a CU's membership as Clinchfield FCU's facility has done. In fact, the railroad credit union's building, modeled after the old train depot in which the CU got its...

World Council CEO Arnold To Leave Job Effective January 1.(Arthur Arnold)
October 4, 2004... Arthur Arnold, who oversaw a turnaround at the World Council of Credit Unions in both its finances and profile, plans to step down Jan. 1, 2005. Arnold said he made the decision not ti seek a contract renewal within the past several weeks,...

On Deadline.(National Credit Union Administration regulations)
October 4, 2004... NCUA Decision Could Have Broad Implications ALEXANDRIA, Va.-In a decision that could have broad implications, NCUA said last week it has approved a request from an unnamed federal credit union to provide loan processing and underwriting...

Trade Groups Object To NCUA's Private Insurance Plan.(National Credit Union Administration)
October 4, 2004... Both CUNA and NASCUS have sent comment letters to NCUA objecting to its proposal on private deposit insurance. "The proposal would require NCUA's prior approval for the inclusion of information about private insurance in mailings to members...

60 Minutes' Andy Rooney Includes CUNA In Criticism.(Credit Union National Association)
October 4, 2004... During his commentary on the Sept. 26 edition of CBS' 60 Minutes, Andy Rooney included a mention of CUNA in remarks that were not complimentary. The reference was to attempts by companies and groups to run advertising urging people to...

Worth Noting.(Hoodview Federal Credit Union)(news briefs)
October 4, 2004... Check 21 Webcast On Oct. 21 SAN DIMAS, Calif.-WesCorp will host a Check 21 webcast on Oct. 21 that will seek to answer participants' questions about the new law, which goes into effect Oct. 28. Sheri Ledbetter, WesCorp's director of public...

Some Random Thoughts That The Wind Just Blew In.(Editorial)
October 4, 2004... Some random thoughts I had while hunkered down between the now weekly hurricanes-and at the end, a compilation of the priceless advice gleaned from talk-radio callers as disasters struck. * First, a big THANK YOU to all the readers of The...

The Lessons For The U.S. From Lost Tax Battle In Australia.
October 4, 2004... If you're the leader of or a volunteer at a credit union in the United States, no one needs to tell of the attacks upon the credit union tax exemption. And the banking industry is promising only to increase the level of its vociferous objection...

Why Transaction Surveys Can Be So Valuable.(credit unions)
October 4, 2004... Ten years ago most member research was driven by general surveys, which provided the "view from 30,000 feet" and remains valuable for seeing the big picture and identifying opportunities and "red flags." Today, credit unions also need the view...

Pending FASB Rule Topic Of Debate.(Financial Accounting Standards Board)
October 4, 2004... The Financial Accounting Standards Board remains in the process of refining the rules regarding two issues of importance to credit unions: available-for-sale investment losses and merger accounting. Mike Sacher, partner in the CPA firm of...

Survey On CUs, Health Insurance.(Brief Article)
October 4, 2004... CUNA said it has a new survey that shows credit unions are doing well compared to other small employers across the nation at providing employer-sponsored health insurance coverage to workers. CUNA noted that the smallest credit unions, like...

Security Big Issue At CTC Meeting.(Credit Union National Association Technology Council)
October 4, 2004... System and data security was the chief issue of discussion during the CUNA Technology Council Summit here. "Security was on the top of everyone's mind and presentations covering multiple layers of defense to incident responses were...

2 CU Organizations Join With Elan.(Elan Financial Services)(Brief Article)
October 4, 2004... Two credit union organizations have entered into new agreements with Elan Financial Services, but for different types of services. The $1.5-billion Corporate Central Credit Union is joining with Elan to offer ATM and debit card processing to...

Product & Service.(credit unions)
October 4, 2004... SW Corp On The Check 21 Road DALLAS-Southwest Corporate FCU said it has made presentations to more than 2,500 credit union employees on Check 21 during the past few months. The new law goes into effect Oct. 28. That training has included...

New Wave Of Tech Advances Foreseen.(US economy)
October 4, 2004... Inflation is under control, economic growth has been solid for four consecutive quarters, and technological innovations that will improve the lives of all are on the way. Yes, it is safe to say economic futurist Jeff Thredgold is bullish...

Only Terrorism Can Derail Continued Growth.(US economy)
October 4, 2004... The U.S. economy continues to recover from the recent recession, but according to one expert, improvement will remain slow. David Wyss, chief economist for Standard & Poor's, told attendees at WesCorp's CU Outlook conference here the...

How One CU Became A Haven For Its Community.(Community First Credit Union)
October 4, 2004... Community First CU here has the dubious honor of having been through three of the four hurricanes that have ravaged the state of Florida in the last six weeks, making the credit union something of an expert in disaster planning and recovery....

Storm State Update.(hurricane relief from credit unions)
October 4, 2004... TALLAHASSEE, Fla.-The Florida CU Foundation has received $215,432 for its hurricane relief fund, and disbursed $116,000 of that. To make a donation or get more info, visit www.fcul.org. Meanwhile, other states have also felt the effects...

The CUJ Journal Daily.(credit union news)
October 4, 2004... Sallie Mae Expands With Purchase RESTON, Va.-Student loan giant SLM Corp., better known as Sallie Mae, has agreed to acquire Seattle-based Student Loan Finance Association, a non-profit lender with a $1.6 billion portfolio of education...

CU Show Of Force On Hill Keeps Tax Talk Muted.(credit union)(Brief Article)
October 4, 2004... September was indeed credit union month on Capital Hill, with more hundreds of credit union executives descending on Washington for NAFCU'1s annual Congressional Caucus, and more than 1,200 invited to the capitol for CUNA's "Hike the Hill...

With Fanny In The Fire, Fannie Agrees To Changes.(Federal National Mortgage Association)
October 4, 2004... Secondary mortgage market giant Fannie Mae, under fire for accounting lapses, agreed with regulators last week to raise its capital levels. The agreement announced by the Office of Federal Housing Enterprise Oversight will require Fannie to...

Court Ruling A Blow To Home Lenders' Fat Fees.
October 4, 2004... In a major blow to the mortgage industry, a federal appeals court ruled that many of the fat fees lenders earn during the settlement process may amount to illegal mark-ups if the lender performs no significant service to earn the additional...

NCUA: FCU May Not Use 'Going Concern' In LTV.(National Credit Union Administration)(federal credit union)(Loan To Value)(Brief Article)
October 4, 2004... A federal credit union may not use the "going concern" value of a business when calculating the loan-to-value ratio for a member business loan, but must base its LTV valuation purely on the market value of the secured property, according to...

People.(appointments at United Heritage Credit Union, Heritage Community Credit Union, Kitsap Community Federal Credit Union etc.,)
October 4, 2004... United Heritage Credit Union, Austin, Texas, promoted Michael Ver Schuur to executive vice president/chief financial officer, Sebrina Verburgt to senior vice president of operations/chief operating officer, Blake Richardson to senior vice...

The Credit Union Journal Asked, 'Do Your Facilities Need A Makeover?' And Readers Responded, 'Oh, Yeah! Just Take A Look At This.'.(Great Basin Federal Credit Union)
October 4, 2004... With ABC's Extreme Makeover: Home Edition drawing strong ratings as it enters its second season, The Credit Union Journal wondered if there weren't a few credit unions also in dire need of a makeover. So we asked. And credit unions answered,...

Redwood CU Opens Facility.(Redwood Credit Union)(Brief Article)
October 4, 2004... Redwood CU has opened a full-service branch inside the new Safeway Shopping Center, its fourth branch here and 11th in the North Bay. The new location offers everything from teller transactions to financial management and insurance services....

Alaska USA Opens 3 Branches.(Alaska USA Federal Credit Union)(Brief Article)
October 4, 2004... Alaska USA has opened three branches in Alaska and Washington, bringing its total to 42. All three of the new branches are located inside grocery stores, with one in a Fred Meyer store in Anchorage, and two in Washington Safeway stores. ...

Community Page.(news briefs)
October 4, 2004... 30 CU Execs Graduate From CMI MADISON, Wis.-The Credit Union Executives Society announced 30 credit union leaders recently graduated from CUES Management Institute. The 2004 CMI graduates are: Lydia Shaw, Donna M. Johnson, Sharon Arthur,...

Supporter of Alternative Capital Not Giving Up The Fight.(credit unions)
October 4, 2004... The chief congressional champion of alternative capital options for credit unions said last week he won't back off his legislative efforts, even after a report by the respected Government Accountability Office doubting the need for secondary...

Matz Expresses Concern Over Slowdown In Membership.(Deborah Matz)(Brief Article)
October 4, 2004... NCUA Board member Deborah Matz said last week she is concerned that a slowdown in membership growth may pose a safety and soundness concern for credit unions over the coming years. Matz told attendees to NAFCU's Congressional Caucus that even...

Fed Gov Urges CUs To Partner With Housing Assistance Group.(credit unions)(Brief Article)
October 4, 2004... Federal Reserve Governor Edward Gramlich called on credit unions to partner with the Neighborhood Reinvestment Corp., a non-profit group he chairs that helps provide housing assistance across the country. Gramlich told attendees to NAFCU's...

DCUC Donates $22K To Fisher House.(Defense Credit Union Council)(Fisher House Foundation)(Brief Article)
October 4, 2004... The Defense Credit Union Council (DCUC) presented a check for nearly $22,000 to the Fisher House Foundation to help offset some of the costs incurred in caring for our troops and their families. The Fisher House Foundation donates "comfort...

CIO Magazine Honors CUNA Mutual Group.(Brief Article)
October 4, 2004... Rick Roy, CUNA Mutual Group's chief technology officer, accepts CIO magazine's "CIO 100" award, presented to CUNA Mutual on Aug. 24 at a CIO technology symposium. The award recognizes organizations that exemplify the highest level of...

Court's Decision Would Allow CUs To Offer AmEx, Discover.(Credit Union)(American Express Co.)(Discover Financial Services)
October 11, 2004... The Supreme Court last week declined to review a lower court ruling invalidating so-called exclusionary clauses used by MasterCard International and VISA USA preventing participating institutions from issuing competing card brands, thereby...

Percentage of 'Satisfied' Members Rebounds In Poll.(consumer satisfaction-survey)
October 11, 2004... Credit unions saw a sharp rebound in the percentage of members who say there are "very satisfied" with their CU relationship, according to the just-released American Banker/Gallup 2004 Consumer Survey. Both banks and thrifts also saw...

Spare Keys & Spare Tires: Road Warriors Share Lessons.(visiting credit unions by credit union consultants)
October 11, 2004... Darl McLean's first rule of travel: "I always carry a spare key." Sure, it's simple, but one this credit union industry road warrior says could save him and his clients a lot of hassle. McLean, who has a home office in Sault Ste. Marie and...

Trades Press For More Conversion Disclosures.(credit union to a mutual savings bank)
October 11, 2004... The credit union trade groups are calling for a number of changes and revisions in NCUA's proposal on credit unions seeking to convert to a mutual savings bank. CUNA has told NCUA via a comment letter that before any credit union converts...

Fannie Mae Execs Defend Accounting.(Federal National Mortgage Association executives speak about the rules followed by them for accounting)
October 11, 2004... In an highly charged political showdown just before the end of the congressional calendar, top executives at Fannie Mae last week refuted charges brought by federal regulators that they engaged in multi-billion-dollar accounting improprieties....

On Deadline.(Atlantic Coast Federal Savings Bank)
October 11, 2004... Dawson Named To Helm At Navy Federal VIENNA, Va.-Cutler Dawson has been named as the new president/CEO of the world's largest natural-person credit union, the $22-billion Navy Federal. He will replace the retiring Brian L. McDonnell....

Regulator Downplays Worries Over Inexperienced CEO.(Utah Department of Financial Institutions and Newspaper Employees Credit Union-chairman and chief executive officer expressing confidence in Pam Wagstaff's abilities)
October 11, 2004... Both the Utah Department of Financial Institutions and Newspaper Employees CU here are downplaying concerns raised by several members and/or employees of the $10-million CU over the hiring of a woman with no formal bank or credit union...

Godfrey Named CUSO Exec Of The Year.(Navy Federal Financial Group)(Credit Union Service Organization)(Brief Article)
October 11, 2004... Dennis Godfrey, president/CEO of Navy Federal Financial Group and its title and settlement subsidiary, NFRES, has been named the winner of the 2004 CUSO Executive of the Year from NACUSO. The award was presented by NACUSO Chairman, John Unangst...

Worth Noting.(credit union briefings)(Credit Union Legislative Action Council)
October 11, 2004... New ABA Chief, Same Message NEW YORK-The American Bankers Association has its first female chairperson, but her emphasis will be similar to the men who have preceded her. Betsy Duke, EVP for community bank development at SouthTrust Bank,...

Where To Send Donations.(for hurricane relief can be sent to the Florida Credit Union Foundation)(Brief Article)
October 11, 2004... Donations for hurricane relief can be sent to the Florida CU Foundation, P.O. Box 3108, Tallahassee, FL 32315-3108. For assistance with wire transfer donations, call Brandi McGahee at 800-342-1266, ext. 1114. Copyright 2004 Thomson Media...

Meting Out The Meat And The 'Meets' Of Various Meetings.(banks and credit unions)
October 11, 2004... The more things change, the more....vested interests do all they can to protect turf and paychecks. Case in point is the 100 Years War II between banks and credit unions. First, congratulations to the American Bankers Association, which as...

Despite Improving Economy, CUs Told To Prepare For Drop In Auto Loans, Mortgages.(Credit Union)
October 11, 2004... The U.S. economy continues to grow slowly but steadily, but according to a group of experts queried by WesCorp, credit unions should prepare for a drop in auto sales, home sales and mortgage refinancing. Dwight Johnston, WesCorp's vice...

CCUL Names Person To Head Up International Relations.(California Credit Union League)
October 11, 2004... The California Credit Union League recently promoted Letty Cordon-Hernandez to manager of international relations. Cordon-Hernandez, who formerly served as the league's credit union development coordinator, told The Credit Union Journal one...

Advice: 'Get Real'.(Jeremy Calva Wescorp's director of investment operations gives advice to credit unions to be realistic in making economic forecasts)(Brief Article)
October 11, 2004... At the recent WesCorp CU Outlook conference, Jeremy Calva, Wescorp's director of investment operations, said successful CU income forecasts address three key areas: financing and accounting, operations, and balance sheet modeling. Calva advised...

Ethics Advice For Boards.(National Association of State Credit Union Supervisors conference)(Brief Article)
October 11, 2004... Board members are servant leaders who "own" a CU on behalf of all members, present and in the future, board ethics expert Carolyn Bailey told attendees at the NASCUS' conference here. Bailey, president of Bailey Associates, said no matter how...

Product & Service.(Credit Union Service Network)(Credit Union Companies Inc.)
October 11, 2004... NSC Endorses AmEx For Cards ARLINGTON, Va.-NAFCU Services Corporation (NSC) has selected American Express as its Preferred Partner for Prepaid Card Services. NSC said it selected American Express after a highly competitive review of this...

One CU's 'Gradual' Process For Managing Ongoing Growth.(Credit Union)
October 11, 2004... Gateway Metro Credit Union officials are proud of the CU's new ranking as Missouri's fastest growing credit union with assets of more than $50 million. But, CEO David Barton said, the members are the ones to thank for it. "Here's the...

Product & Service.(First Lenders Data Inc.)(Kahuna Business Group)(Credit Union Direct Lending)
October 11, 2004... LSI Adds Deposit App Solution ELGIN, Ill.-Lending Solutions, Inc has added new service to its loan processing capabilities that it says will assist credit unions in processing new-member and deposit-account applications. Following requests...

Within Hours Of Tornado, Lebanon FCU Has Plan In Place To Assist Local Community.(Federal Credit Union)
October 11, 2004... Within hours after a tornado touched down in Lebanon County, destroying 32 homes and damaging 87 others, Lebanon Federal Credit Union had a disaster plan in place. The CU with $98 million in assets told affected members that they could...

Topeka CUs Use Proceeds To Start Foundation.(Credit Union)
October 11, 2004... Leaders from six area credit unions have created the Topeka Credit Union Foundation to help support local non-profit groups using money collected from the dissolution of the Topeka Credit Bureau. Mark Bezdek, president/CEO of Credit Union 1...

Pennsylania's CUs Roll Out Statewide Billboard Campaign.(Credit Union)(Brief Article)
October 11, 2004... More than 225 billboards across Pennsylvania will call on consumers this month to "Use A Credit Union-The Smarter Choice," as part of the Pennsylvania CU Association's statewide advertising campaign. The billboards will feature three different...

Mid-States Corporate Introduces 'Loan Exchange' Program.(Mid-States Corporate Federal Credit Union)(Brief Article)
October 11, 2004... Mid-States Corporate FCU has introduced a "Loan Exchange Program." Using a secure website, the service matches buyers and sellers of loan participations. "Sellers can list loans that are available to buyers and buyers can review the...

AFCU's Klein Leads Effort In Arkansas Against Payday Lending.(Arkansas Federal Credit Union)(Arkansans Against Abusive Payday Lending)(Brief Article)
October 11, 2004... A group brought together by a credit union executive and calling themselves "Arkansans Against Abusive Payday Lending" (AAAPL) has held its first meteing here. H.C. "Hank" Klein, president of Arkansas FCU, assembled the group, which...

Alabama Lawmakers Are Latest To Take 'Pledge'.(Brief Article)
October 11, 2004... Alabama's two U.S. senators and four of its seven House members have all taken the pledge to support the credit union tax exemption in Congress. The Alabama CU League said it collected the names of the six lawmakers, including Sen. Richard...

Large Outflow Of Funds From CUs During August.(Credit Union)(savings and loan growth was strong)(Brief Article)
October 11, 2004... In what may be a signal of things to come, an estimated $6.3 billion of savings flowed out of credit unions in August, according to CUNA. CUNA economists were trying to discern whether the outflow-one of the largest ever-was symbolic of a...

Deep Pockets Help Pick Dem Convention's Tab.(Democratic Party)(Democratic National Convention)(Brief Article)
October 11, 2004... The Democratic Party can thank some of the nation's largest financial institutions, many of them Boston-based, with helping them raise about $55 million to pay for the Democratic National Convention in Boston this summer. Among the largest...

Small CU In Partnership To Offer Mortgage Loans.(Shiloh of Alexandria Federal Credit Union)(Brief Article)
October 11, 2004... Shiloh of Alexandria FCU has introduced a new program that will allow the $1.2-million credit union to provide affordable mortgage services to its low-income members, most of them members of the Shiloh Baptist Church, one of the oldest...

Mohawk Tribe Gets $64K To Start Credit Union.(Treasury Department's Community Development Financial Institutions Fund given)(Brief Article)
October 11, 2004... The Mohawk Tribe received $64,500 in federal funding from the Treasury Department's Community Development Financial Institutions Fund to help it develop its own credit union. The tribe, located in northern New York, is working with Alternatives...

People.(credit unions-officials and employees)
October 11, 2004... CUES' Directors Leadership Institute, Madison, Wis., announced 61 graduates of the program. The graduates are: Clorinda Alleyne, Alice J. Bergna, George R. Berry, Charlesetta Braggs-Ford, Herbert I. Butler, Barbara Buys, Dr. Frank P....

Utah CUs Come Together To Share Solutions To Common HR Problems.(credit unions-management)
October 11, 2004... Looking for some best practices in human resources? Credit unions in this city were, which was why they joined to talk about a number of common HR challenges and the solutions they have developed in response. Marshall Paepke, vice president...

Community Page.(Virginia Beach Schools Federal Credit Union)
October 11, 2004... VBSFCU Supports Financial Literacy VIRGINIA BEACH, Va.-Virginia Beach Schools Federal Credit Union hosted a craft table for children at Chick-Fil-A Family Night. VBSFCU staff talked to children and parents about building good credit. ...

The CUJ 2005 Meetings & Events Planner.(credit union journal)(Calendar)
October 11, 2004... JANUARY Jan. 2 CUNA eSpanish: Level II. For info: 800-356-9655 ext. 4249 or www.training.cuna.org. Jan. 13 NCUA Board Meeting, Alexandria, Va. For info: www.ncua.gov. Jan. 15-18 Regional League CEO Summit, Wyndham...

Riverside's County CU Now Altura CU.(credit union changing name)(Brief Article)
October 11, 2004... The $625-million Riverside County's Credit Union is changing its name effective Oct. 1 to Altura Credit Union. "We took pride in our name, but we simply outgrew it," said CEO Mark Hawkins, referring to its FOM expansion beyond Riverside County....

RECU Changes Name, Not Acronym.(Rich's Employees Credit Union is changing its name to Retail Employees Credit Union)(Brief Article)
October 11, 2004... The $37-million Rich's Employees Credit Union is changing its name to Retail Employees Credit Union, effective Jan. 1. The 66-year-old credit union said it is changing the name because Federated Department Stores is dropping the Rich's name in...

FOM Expansions Lead To Name Changes.(Pinellas County Teachers Credit Union is now Achieva Credit Union)(Inland Employees Federal Credit Union has changed its name to Advance Financial Federal Credit Union)(Brief Article)
October 11, 2004... Two more credit unions have changed names to remove geographic ties from their names. The $460-million Pinellas County Teachers CU is now Achieva Credit Union. The name change follows expansion to a community charter serving anyone who...

NY CUs Unveil $100M Mortgage Plan.(New York credit unions)
October 18, 2004... A group of New York credit unions agreed last week to create a $100-million pool to finance affordable mortgage programs, the largest such fund ever provided by credit unions. "The goal of these loan funds is to reach more of the...

Check 21 Nearing, But Many CUs Are Refraining From Tech Investments.(credit unions)
October 18, 2004... The deadline for the Check Clearing for the 21st Century Act (Check 21) is 10 days away, but a number of credit unions are still refraining from investing in new technologies. For the past year, suppliers have ramped up Check 21 marketing...

Community Charters Growing Just Slightly Faster Than Credit Unions As A Whole.
October 18, 2004... Community credit unions are experiencing only slightly faster growth than the CU movement as a whole, despite a large increase in potential membership, an industry analyst said. Jay Johnson, executive vice president at Callahan &...

On Deadline.
October 18, 2004... GAO: Corporates Are In Good Financial Shape WASHINGTON-A new government study found that corporate credit unions are coming under increasing strain because of competitive pressures that could pose future risks to the system, and recommends...

NCUA To Cut Its Budget, Operating Fee For 2005.(National Credit Union Administration )
October 18, 2004... NCUA has proposed cutting its budget next year by about $1.9 million, or 1.3%, to $148 million. The proposal, which will be voted by the NCUA Board next month, will result in lower operating fees assessed federally chartered credit unions...

State Charters Continue To Press For Separating NCUA, NCUSIF.(National Credit Union Administration (US government))(National Credit Union Share Insurance Fund)(Brief Article)
October 18, 2004... Representatives of the National Association of State Credit Union Supervisors (NASCUS) told NCUA that state-chartered CUs continue to support separating the deposit insurance fund from the agency. NASCUS Chairman Roger Little, Deputy...

Worth Noting.
October 18, 2004... Former Missouri CUL CEO Dies ST. LOUIS-Robert Hood, the long-time former president of the Missouri CU League (now the Missouri CU Association), has died. Hood, who was 77, had been battling cancer prior to his death. He is survived by his...

Thoughts On International Week, National Foundation.(National Credit Union Foundation)
October 18, 2004... It's International Credit Union Week, and The Credit Union Journal in this issue brings to readers what has developed into a popular and terrific feature: our Day in the Life project. In Day in the Life, credit unions from all over the country...

How To Recover When The Credit Union Makes A Mistake.
October 18, 2004... Early in my credit union career I came across an interesting situation. I received a call from a member who had a history of not being very pleasant. She was calling to complain that her online access was not working the way we had promised....

Indeed, Why Aren't There More Shared Branches?(Letter to the Editor)
October 18, 2004... Enjoyed Frank J. Diekmann's Sept. 6th Editor's column, "Why Isn't Every Credit Union A Shared Branch?" I don't need to echo the comments made by Craig Beach or Sarah Canepa-Bang, but in my opinion, credit unions have a tremendous opportunity...

Why Aren't All ATMs Shared, As Well?(Automated teller machines)(Letter to the Editor)
October 18, 2004... Glad to see this issue (shared branching) pushed! (Frank Diekmann's column, CU Journal, Sept. 6). I'll go one step further, Why don't all credit unions have reciprocal agreements with other credit unions for ATMs? Unfortunately in Maryland,...

Check Out The View From The Ground Floor.
October 18, 2004... Ten years ago most member research was driven by general surveys, which provided the "view from 30,000 feet" and remains valuable for seeing the big picture and identifying opportunities and "red flags." Today, credit unions also need the view...

For Community Charters, Lessons Follow The Expansion.(ORNL Federal Credit Union)
October 18, 2004... Credit unions should be careful what they wish for, because they just might get it. That was the message from Larry Jones, vice president of marketing for ORNL Federal Credit Union, in remarks before the National Association of Community...