ARLINGTON, Va. - NASCUS has recommended that NCUA correct language in its proposed Interpretive Ruling and Policy Statement (IRPS) 01-3 that the association said in its current form would "unnecessarily require state-chartered, federally-insured credit unions to have a supervisory or audit committee." Explaining the association's position, NASCUS President/CEO Doug Duerr...

Today, consumers are looking for more efficient and cost-effective ways to manage their time, finances and related bill-payment activities. Increasingly, they are finding what they want at credit unions. More and more, consumers are turning to credit unions for a variety of electronic commerce products and online financial services. That's...

ALEXANDRIA, Va.-In a recent legal opinion letter (01-1176), NCUA's Office of General Counsel told the California Credit Union League that federal credit unions may not conduct a board meeting via e-mail. According to the agency, using e-mail would violate the Model Business Corporation Act, requiring all directors to hear each...

LOS ANGELES - Bauschke & Associates Ltd.; Turner, Warren, Hwang & Conrad; and Enterpise Systems Solutions, Inc. have formed a strategic partnership. According to company representatives, the strategic alliance will help credit unions by better leveraging each firm's experience and expertise. Canada-based B&A is a provider of management consulting services...

WALNUT CREEK, Calif. - Low-income, first-time mothers in Contra Costa County will be leaving the hospital with more than just their babies. Pacific Service Credit Union has partnered with the Child Abuse Prevention Council and the Low Income Families Newborn Connection Program to provide them canvas tote bags filled with...

THORNDALE, Pa. - Citadel Credit Union has joined forces with the Chester County Intermediate Unit to create an award to honor teachers here. The first of its kind in Chester County, the Citadel Heart of Learning Award recognizes those teachers dedicated to making the classroom and world a better place....

ALEXANDRIA, Va.-NCUA Director of Public and Congressional Affairs Cliff Northup said that he has hired someone for the special assistant for legislative affairs position in his office. Elizabeth Wirick last held the position about a year ago. Gail Galvan, formerly serving as a supervising senior tax specialist for KPMG, will...

OLYMPIA, Wash. - This year's Washington Credit Union League Anchor Awards, which recognizes those who have shown support for credit unions, have been presented to a representative and a regulator. First-term Representative Dan Roach of the 31st District received the award for his significant impact on the credit union movement,...