Connects FCU Signs With OpenSolutions

January 11, 2006, 1:00 a.m. EST 1 Min Read

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Register now

RICHMOND, Va. - (01/11/06) Connects FCU announced it haschosen Open Solutions Inc.s The Complete Credit UnionSolution for its core data processing needs. In addition to thecore platform, Connects FCU selected Open Solutions' consumer loanorigination, general ledger, accounts payable, credit cardinterface, mortgage loan escrow accounting and asset collectionmodules. Open Solutions' voice response and document imagingapplications were also selected as part of this technologyupgrade.

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Reprint

For reprint and licensing requests for this article, click here.

TRENDING

Enforcement actions

Capital One fined $290M for ‘willful’ anti-money-laundering failures

The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers. The misconduct took place in a unit that served check-cashing businesses and was later shut down.

By Kevin Wack

January 15
Growth strategies

Incoming Citi CEO Fraser signals major changes ahead

Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.

By Allissa Kline

January 15
Earnings

Wells Fargo pledges to cut $8 billion in overhead. Is it enough?

CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.

By Kevin Wack

January 15

MORE FROM AMERICAN BANKER

Chatbot lessons, automated PPP, cross-border M&A: Top stories of the week

South African bank's approach to chatbots offers lessons for U.S. players; small lenders embrace automation for latest PPP round; flush with capital, Canadian banks eye U.S. acquisitions; and more from this week's most-read stories.

January 15
Compliance

Credit union regulator outlines 2021 supervisory priorities

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

By Ken McCarthy

January 15
Growth strategies

PNC says BBVA deal won’t derail organic growth plans

The Pittsburgh company intends to continue adding commercial offices and retail branches in markets it had been eyeing before agreeing to buy BBVA USA for $11.6 billion.

By Laura Alix

January 15
Enforcement

Former Wells Fargo general counsel fined $3.5 million in OCC settlement

The OCC had hit James Strother and other executives with civil charges a year ago in connection with the bank's phony-accounts scandal. His monetary penalty is lower than what the agency had first floated.

By Brendan Pedersen

January 15
Credit quality

JPMorgan Chase: More stimulus needed to prevent loan defaults

Federal relief efforts have minimized loan losses so far, but risks remain in credit card, auto and business lending. Many borrowers will need another lifeline to stay afloat until the economy rebounds, CEO Jamie Dimon says.

By Jon Prior

January 15
Consumer lending

Illinois caps interest rates on consumer loans at 36%

It is the 18th state to pass a law imposing rate caps on all consumer loans, including payday and car title loans.

By Kate Berry

January 15