FEDERAL WAY, Wash. - The Washington Credit Union League scheduled a hearing during its government affairs conference, on a proposed field-of-membership regulation change that would allow well-run CUs to expand their field-of-membership by a board vote instead of requiring them to receive approval from the state regulator. Parker Cann, director...

MISSOULA, Mont. - In response to a Jan. 7 UPI Newswire report that The Bank Exchange, LLC was operating unlicensed credit unions in the U.S., the company's president, Dale Erickson, said the statement is not true. Erickson recently spoke to Credit Union Times to clarify that the six credit unions...

Allied Solutions - Collateral Protection Insurance, GAP and MBI American Express - Travelers Cheques AVIS - Car Rental (may soon be moved to another NAFCU program) Benefits Consultants, Inc. - Accidental Death & Dismemberment New York Life and BENMARK - Credit Union Executive Retirement Program Deluxe Financial Services - Paper...

DETROIT - First the beetle and now a bank. Joining the ranks of companies like BMW and Nordstrom Inc., Volkswagen has begun offering banking services to its customers. Insured by the Federal Deposit Insurance Corporation, the bank will start slowly by offering auto and home loans to Volkswagen and Audi...

BEVERLY HILLS, Calif. - From bits and bytes at credit unions to dinner and dessert in Beverly Hills. Digital Insight co-founder Paul Fiore, who is still a director with DI, is a one-third owner in Chadwick of Beverly Hills, an upscale restaurant opened a year and a month ago. Chadwick's...

WASHINGTON-After serving nearly six years on the Federal Reserve Board, Board Governor Lawrence Meyer, 57, resigned effective January 31. As is common practice, he will not participate in the Federal Open Market Committee meeting January 29-30. "During my term here, we have seen remarkable developments, both in the economy and...

WASHINGTON-Several CUNA and WOCCU officials met with Special Assistant to the President on Economic Policy Pippa Malmgren to discuss credit union issues domestic and abroad. Congress recently appropriated up to $2 million to WOCCU through the U.S. Agency for International Development (US AID) for economic development projects in South Africa...

PEWAUKEE, Wis. - Discussions on the Financial Modernization 2001 bill, compromise legislation supported by credit unions, the Wisconsin Bankers Association and the Community Bankers of Wisconsin, will headline the agenda at the Wisconsin Credit Union League's upcoming Government Affairs Conference, January 30-31. The legislation, Assembly Bill 299, was passed by...