In Mike Welch's column, "Volunteers need more education, not more politics," (CU Times, Nov. 14, 2001), he talked about the Credit Union Directors of America (CUDA). I thought your readers might wish to have some additional information about the group from a volunteer professional's perspective. CUDA does not seek to...

BROOKFIELD, Wis. - Fiserv Inc. announced last week it's merging RF/Spectrum Decision Science Corp. into its IPS-Sendero business unit. The new firm will operate under the IPS-Sendero name. RF/Spectrum is well known in credit union land as a provider of mortgage-decision support, and with more than 120 major lenders as...

Missoula Federal Credit Union, Mont., has been bestowed the Special Contribution to the System Award by the Montana Developmental Disabilities Planning and Advisory Council. The council annually awards individuals and agencies that make a positive impact on the lives of people with developmental disabilities. The credit union was recognized for...

In a recent opinion piece, NCUA Board Member Yolanda Wheat hit the mark in asserting that splitting the credit union federal insurer from its regulator would cause much more harm than good ("Splitting NCUA/NCUSIF would create new problems," (CU Times, Dec. 12, 2001). In fact, she observes that if the...

ALEXANDRIA,Va. - There were two corporate CU items covered in NCUA's December closed board meeting. NCUA approved a request from U.S. Central to waive certain provisions of Part 704, the corporate reg. The waiver allows U.S. Central to invest in asset-backed commercial paper with a minimum short-term credit rating of...

WASHINGTON-Congress is unlikely to formally adjourn until it is required to on Jan. 3, 2002, according to NAFCU Associate Director of Legislative Affairs Brad Thaler. Congress will probably remain in a pro forma session until that date, when it must adjourn and begin the second session. The move will make...

WASHINGTON-Former Director of the Office of Thrift Supervision Ellen Seidman will be starting full time in January as counsel to House Financial Services Committee Ranking Member John LaFalce (D-N.Y.). "It is an honor and a wonderful opportunity to join Mr. LaFalce and the Committee staff," Seidman said. "After many years...

PORTLAND, Ore. - First Tech CU recently launched an online mortgage advisor, which it co-developed with Experion Systems. The technology helps reduce the number of mortgage options for the member down to the two or three best suited to the member's needs. "The trusted advisor model is about consistently delivering...