WASHINGTON - Even before he began speaking, the title of Professor Lawrence White's report-"Caught in a Regulatory Vise: The Peculiar Problem Faced by Federally Insured State Chartered Credit Unions"-hinted at the key finding of his study: the regulatory structure of the NCUA and the NCUSIF is not only placing the...

RICHARDSON, Texas - There are a lot of credit union IT products built for credit unions, but few are built with a credit union's help during each step of development. That's what been happening here at Texans CU over the last two years. Not only did Texans CU change its...

It is annual conference time here at NAFCU, a time for taking stock of where we are as a community and where we are headed. As credit union leaders convene in Orlando to discuss the important issues facing our institutions, we need to keep in perspective what is possible for...

WEST PALM BEACH, Fla. - The past 18 months have been quite a roller-coaster ride for CU balance sheets. The story in 2000 was loan growth. Loans were up 11%, or about $30 billion, while shares increased just 6.3%, or $22.3 billion. This year the scenario is reversed. NCUA's 2001...

Only a handful of credit unions are involved with member business lending, but for those that make MBLs, and for their members, it's an opportunity to receive funding from loans they wouldn't be able to receive elsewhere. Read about how some CUs are participating in MBLs and other mortgage news...

SACRAMENTO, Calif. - Once again, members of the California state legislature killed a bill that would have imposed stricter privacy protection requirements on financial institutions than the Gramm-Leach-Bliley Act. The bill would have prohibited financials from sharing consumers' information with affiliates or third parties unless the consumer "opted in" by...

ALBANY, N.Y. - Empire Corporate FCU has reached a couple of major milestones. It hit the $4 billion mark on May 31, 2001, and it also eclipsed the one million mark for processing individual member share drafts. Empire serves approximately 1,000 credit unions primarily in the Northeast.

SAN JOSE, Calif. - The $800 million Technology CU here has opened a new cashless ebranch. The ebranch is a physical facility loaded with electronic tools to help members conduct business virtually. Members can apply for loans, IRAs, and other CU products and services using electronic means. Any cash transactions...