SAN ANTONIO - According to Digital Defense's latest "CU Secure Network Security" newsletter, IT managers shouldn't trust intrusion detection on its own to keep the credit union impervious to hack attacks. Intrusion detection systems can not stand by themselves as and impenetrable security layer, however when they are deployed along...

ARLINGTON, Va. - Hailing it as the first definitive study on the legal authority of the NCUA Board granted by the Federal Credit Union Act to set the overhead transfer rate, NASCUS' long awaited study - "Overhead Transfer: The Authority of the National Credit Union Administration to Allocate Costs to...

After reading Mike Welch's column in the Sept. 19 issue of Credit Union Times, "There are different ways to define membership," it got me to thinking about what it is that really matters about the work we do at CUNA and the Leagues. In particular, I was affected by the...

HARRISBURG, Pa. - Credit unions looking to put some sparkle back in their online banking programs may want to keep a close eye on an instant online deposit program at Pennsylvania State Employees CU. At press time, PSECU was preparing to beta test its new UPost@Home online offering. UPost@Home allows...

ST. PAUL, Minn. - Chances are prior to September 11's terrorist attack on the U.S., most credit unions had never heard of the Office of Foreign Assets Control (OFAC) regulations. Those that had, say some experts, probably thought the regulations didn't apply to them. President Bush's September 24's Executive Order...

Five years ago, credit unions generally assumed a reactive posture toward public policy: we were consumed with business as usual, and engaged our regulators and elected officials only when proposed new laws and rules prevented us from serving our members well. The challenge of addressing and overcoming these obstacles was...

MADISON, Wis. - Merit pay. Pay for performance. What are the best ways for credit unions to compensate employees? A new Filene study, "Financial Incentives to motivate credit union management and staff" takes a hard look at these issues and may fly in the face of what some CUs have...

SAN JOSE, Calif. - For someone who at one time didn't even know what a credit union was, Patsy Van Ouwerkerk has come a long way. Van Ouwerkerk, now president and chief executive officer of Alliance Credit Union here, is to assume the chairmanship of the California Credit Union League...