FEDERAL WAY, Wash. - State-chartered credit unions throughout Washington will be able to expand their fields of membership without first obtaining regulatory approval under a new rule to be adopted by the Washington State Division of Credit Unions. The new rule, scheduled to go into effect March 8, will apply...

FARMERS BRANCH, Texas - How do I monitor OFAC compliance? When will NCUA move to quarterly call reports? How do I apply for Reg-Flex? These are some of the questions fielded at the recent Regional CUNA CFO Council Roundtable held at Texas Credit Union Center, where 44 credit union chief...

ARLINGTON, Va. - NAFCU's Credit Management Workshop, being held March 11-15, in San Antonio will cover electronic signatures, particulars of the E-Sign Act, and the successes and developments in online lending. The conference is specifically designed for credit planning experts. It will also feature collection strategies for both business and...

Municipal Employees Credit Union of Baltimore, for the third consecutive year, has exceeded its goal for the 2001 combined Charities Campaign by raising over $34,000. MECU has contributed to over 100 agencies registered with Combined Charities and ranks eighth for donations among a list of 30 agencies in Baltimore City....

WASHINGTON - Bankruptcy filings ballooned to 1.5 million in 2001, an all-time record. Approximately 97% of those filings were for personal bankruptcies, which were up by 19%. Business bankruptcies were up 13%. In credit union land losses related to bankruptcy went up as well. Loans charged-off to bankruptcy increased by...

ATLANTA - A word to the wise: Don't scoff at any suggestions Georgia FCU's new president/CEO Warren Butler says he going to try - that will only get him to work that much harder at his endeavor just to prove he's can do what he sets his mind to do....

ATLANTA - Members who have been approved for mortgages or auto loans should be able to focus on moving into their new home or driving away in their vehicle of choice. But being a new home or car owner brings a battery of concerns that can weigh on a member's...

In regard to Mike Welch's February 13th "Kudos" publisher's column, I'm not in favor of changing from "credit union." I really don't think it's necessary, especially since the advent of share drafts. Besides, credit union logos are seen every day by the American public. They've become commonplace. They're out there,...