CU Times Editor-in-Chief MIAMI - Auto refinance promotions may be old hat for some credit unions, but not in the way some members are seeing the marketing efforts now. Members of Tropical Financial Credit Union, Miami who apply for auto refinance automatically receive a $200 rebate. In addition, those members...

WASHINGTON - Over 800 bills which could affect credit union operations were introduced in state legislatures last year. CUNA, in cooperation with credit union leagues, has published a compilation of summaries of the bills in "How States Are Changing the Financial Services Industry: ATMs to UCC, 2001." The bill summaries...

Lincoln Chapter of Credit Unions, Neb., has awarded three scholarships to the following Lincoln residents: Pam Laws, $1,250; Susan Walsh, $750; and Gina Morgan, $500. The Credit Unions for Higher Education Scholarship Essay Contest was open to credit union members who are also part-time or full-time college or trade school...

NORTHVILLE TOWNSHIP, Mich. - The Michigan Credit Union League reached a marketing agreement with Centrix Financial for the financial and risk management firm to provide credit unions the opportunity to offer credit impaired members non-prime and sub-prime auto loans at a minimal risk. According to the agreement, MCUL, through its...

JEFFERSON CITY, Mo. - Cole County Circuit Court Judge Byron Kinder heard oral arguments January 3 on the ongoing field-of-membership expansion challenge brought by the Missouri Bankers Association against Springfield Telephone Employees CU. STECU asked the Court to dismiss the bankers' appeal of the state Credit Union Commission's decision last...

BATON ROUGE, La. - Craig Uffman said he is leaving Internet lending firm APPRO Systems to launch a research and consulting firm. Uffman was president and COO of APPRO Systems. Credit unions are a key target market for APPRO. Craig's brother, Steve Uffman, remains as APPRO's CEO. Uffman said the...

WASHINGTON-NAFCU officials met last week with Small Business Administration (SBA) Director Hector Barreto to discuss federal credit unions' options for participating in SBA-backed loans. Currently only community-based credit unions are approved to provide SBA loans because there has been some concern by the agency in the past that credit unions...

WASHINGTON-The Federal Reserve Board has named 11 new members to its Consumer Advisory Council, one of whom is a credit union CEO. The Council advises the Fed on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters in the area of consumer financial services....