Michael Porter, a Harvard Business School professor, is generally recognized as the best analyst and most articulate proponent of business strategy. He essentially articulates at the academic level why the credit union model is a successful one, and how we can sustain that success in the future by protecting and...

WALLINGFORD, Conn. -Three Connecticut credit unions have contracted with SmartSource Solutions, a CUSO of Constitution State Corporate, for its Website Without a Webmaster solution. The browser-based administration system of the product requires no programming knowledge. It's designed to assist CUs without fulltime Webmasters update their sites without outside help. It...

WASHINGTON-Following anthrax-infested mail problems, CUNA still found ways to deliver its message to lawmakers. CUNA finalized its Renaissance Commission vision statements as news of anthrax in the Washington-area mailrooms and congressional offices was making its way to national headlines. CUNA Vice President of Political Action Richard Gose told reporters that...

MADISON, Wis. - CUNA will conduct a "Strategic Issues" workshop at BAI's Retail Delivery Conference set to be held from Dec. 10 -14 in Anaheim. The Retail Delivery conference has become more popular for CUs in recent years as it is a showcase for new technology in the financial services...

WASHINGTON - Credit unions over $50 million appear to be weathering the tough economic times quite nicely. According to NCUA's just-released third-quarter call report data, Return-on-Average Assets (ROA) was a solid 1.01% as of Sept. 30, 2001, down only slightly from 1.03% as of March 31 and from 1.06% at...

AUSTIN, Texas - James Deese has been appointed the new Texas Deputy Credit Union Commissioner. He succeeds Lynette Pool who left the Department in August to further her education in the accounting field. Deese has had an impressive career in credit union regulation. Initially hired in 1985 as an examiner,...

ATLANTA - Information services company Equifax has been named in a $42.9 million lawsuit filed in Fulton County Superior Court by the owners of its former headquarters-1600 Peachtree LLC. The landlord alleges that Equifax has not lived up to the lease termination agreement it signed in 1999 and seeks back...

DES MOINES, Iowa - Thomas Gronstal was appointed by Gov. Tom Vilsack to be the state's new superintendent of Banking. Gronstal will replace Holmes Foster who will retire at the end of December. Gronstal will assume his new duties on Jan. 1, 2002. He will serve an "interim" appointment until...