Newtrend, a provider of outsourcing and software licenses based in Orlando, signed a handful of service contracts.
A $1.9 million licensing agreement for Newtrend's Infopoint data processing system was signed by Albank Financial Corp., a $3 billion-asset savings bank in Albany, N.Y. The bank will build a data center based on the IBM 9000 series mainframes.
The $175 million-asset First Federal Savings and Loan Association of Thibodaux, La., signed a $1.2 million data processing contract.
Sunburst Bank, a $1.7 billion-asset bank based in Granada, Miss., signed an in-house contract for the Infopoint collection and professional services system.
Duluth Teachers Credit Union in Minnesota, with $28 million in assets and 8,000 members, signed a software agreement.
Milwaukee-based Aurora Credit Union, with $8 million in assets and 6,000 members, signed a software agreement for the Credit Union Business Environment client-server-based program and a five-year maintenance contract.
