Going Once, Going Twice

Jepson, Kevin
March 2009
Credit Union Journal;3/23/2009, Vol. 13 Issue 12, p20
Trade Publication
The article reports that credit unions (CUs) have already engaged in the application of online auction sites to encourage investments in the U.S. David Bieneman, vice president and chief financial officer at State Central, notes that auction sites have a lower interest-rate environment that allows CUs' net interest margin to go down. It also features the online auction site MoneyAisle.com where banks insured by the Federal Deposit Insurance Corp. bid in real time to get deposits.


Related Articles

  • Make cujournal.com Your Soapbox.  // Credit Union Journal;6/9/2013, Vol. 18 Issue 21, p1 

    The article reviews the web site cujournal.com.

  • FDIC Phases in Online Auction of Failed Banks. Blackwell, Rob // American Banker;2/6/2001, Vol. 166 Issue 25, p1 

    Focuses on the venture of the Federal Deposit Insurance Corp. (FDIC) into electronic commerce. Description of the first electronic transaction of FDIC which entails the online sale of the deposits and assets of First Alliance Bank and Trust Co.; Assessment of the electronic system by Robert N....

  • First-Ever FDIC Online Real Estate Auction Featuring 50 Midwest Properties. Stratton, Kelly // National Real Estate Investor Exclusive Insight;5/21/2012, p12 

    The article offers information on the Federal Deposit Insurance Corporation (FDIC) Online Real Estate Auction event hosted by Micoley Auctions on June 2, 2012 at www.FDICauction.com.

  • Online Evolution. Totty, Patrick // Credit Union Magazine;Sep2008, Vol. 74 Issue 9, p64 

    The article focuses on how credit unions (CUs) offer next-generation Internet banking technology to their members in the U.S. It mentions examples of the technology such as hub overviews where account balances can be accessed, fee-generating payment capabilities and mobile access. It states that...

  • Hold the Paper. Totty, Patrick // Credit Union Magazine;Jul2009, Vol. 75 Issue 7, p46 

    The article focuses on paperless lending in credit unions. It notes that paperless lending is paving its way in credit unions with its efficiency, cost savings, and convenience once credit unions embrace e-signatures. It mentions that some credit unions are hesitant to use e-signatures due to...

  • GOOD GADGETS. Ochalla, Bryan // Credit Union Management;May2008, Vol. 31 Issue 5, p28 

    The article discusses the need to renovate credit union web sites to be more informative, functional, and operational. Doug Williams, production and finance vice president of Trabian, claims that web sites should contain post procedural information that members and member service representatives...

  • SERVISTAR OFFERS NEW TRAINING ALTERNATIVES.  // Credit Union Management;May2007, Vol. 30 Issue 5, p64 

    The article reports on the alternative training tool developed by ServiStar, the ServiStar Implementation Suite. It is designed to improve the performance of credit unions by providing offsite and onsite support to help credit unions create a sales-and-service culture. With the Implementation...

  • FDIC Raises Deposit Insurance Coverage for Retirement Accounts.  // Financial Update;Apr-Jun2006, Vol. 19 Issue 2, p14 

    The article reports that the U.S. Federal Deposit Insurance Corp. (FDIC) has approved rules that raised deposit insurance coverage on certain retirement accounts at a bank or savings institution to $250,000 from $100,000. The increased coverage applies to a variety of retirement accounts,...

  • Federal Employees' IDs Used To Tap CU. Roberts, Ed // Credit Union Journal;6/20/2005, Vol. 9 Issue 24, p21 

    The article reports that the Federal Deposit Insurance Corp. (FDIC) was warning its employees last week of a security breach that allowed thieves to use employees' identities to take out tens of thousands of dollars of unsecured loans at NIH FCU, in nearby Rockville, Md. The phony loans were...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics