Two CUs Add New Mobile Offerings
LATHAM, N.Y.-CUs that have recently added new offerings to members include: Sunmark FCU, which has created a new mobile banking application for its membership that is based on member feedback, and Genisys CU, Auburn Hills, Mich., which has launched eDeposit and Mobile Banking solutions.
9,000-Plus Sign Up For E-Statements
GRAND RAPIDS, Mich.-A recent contest sponsored by the CUSO CU*Answers between August and September realized a total of 9,079 e-Statement enrollments, an overall 48% increase compared to the two months prior to the contest. For info: www.marketing.cuanswers.com.
Smart Financial Site Adds Community
HOUSTON-Smart Financial CU enhanced its website at www.smartcu.org, including a new online community with social media connections to Facebook, Twitter, YouTube and Flickr; a "Smart Center," an online classroom where users can get educated and informed through articles, videos, podcasts and a member-driven forum; The Lending Center, a one-stop shop for all lending needs, including loan product and rate information, calculators and more, and other content.
Ex-Internet Manager Is Arrested For Embezzling
MINNEAPOLIS-A former internet services manager for Postal CU was charged last week with embezzling $388,000. Phillip Webb, 46, in his capacity as manager of network services at the CU, falsely notified Cisco Systems, Inc., a computer parts manufacturer, that various parts in the credit union's computer systems were faulty, according to the charges. Webb allegedly sold the Cisco replacement parts online for his own financial benefit and obtained cheap, second-hand units to return to Cisco as the defective parts.
Between 2007 and 2009, Webb returned to Cisco 55 defective parts, 42 of which were actually less-expensive replacements for good computer parts that Webb had falsely claimed were defective. Only 13 of those 55 parts actually were defective. The estimated loss to the credit union because of this fraud is approximately $388,000.
Members Rush To Sign Up For Mobile Banking
WARMINSTER, Penn.-Freedom CU here reported that since the Sept. 1 launch of its mobile banking service, more than 900 members signed up in the first three weeks. The service works with multiple devices, including iPhone, iPod Touch and iPad, and includes the ability to find branches and ATMs.
Ent FCU Enhances Online Offerings
COLORADO SPRING, Colo.-Ent FCU has launched a new online banking system for its 200,000 members, of which more than 88,000 are active users of online banking. Upgrades include a one-stop financial dashboard where members can view account balances and recent transactions, make transfers, and see a budget snapshot all on one screen, spending reports, and more.
Addison Avenue Releases iPhone Application
PALO ALTO, Calif.-Addison Avenue FCU has released an iPhone app for its members.
CoastHills Adds Integrated Application
LOMPOC, Calif.-CoastHills CU has introduced what it said is the nation's first integrated mobile marketing and banking application for smart phones. The application, available for Apple iPhone through that company's iTunes store, CoastHills said it adds marketing offers, current news and rates to its mobile app's banking functions. It also includes the GPS enabled feature of ATM and branch location.
CEFCU Site Wins 'Best' Recognition
PEORIA, Ill.-CEFCU's website at www.cefcu.com, won a Web Marketing Association's WebAward for "Best Credit Union Website for 2010."
uMonitor Offers Mobile Versions Of P2P, A2A
LAS VEGAS-uMonitor has released a mobile version of its flagship online account opening and person-to-person (P2P) payment and account-to-account (A2A) money transfer services. Consumers using uOpen & uFund and/or uTransfer services can use any smart phone to open and fund new accounts and perform P2P or account-to-account money transfers. For info: www.umonitor.com.
Verint Systems Releases Impact 360 Express
ELVILLE, N.Y.-Verint Systems has released Impact 360 Express for branch banking environments. The new subscription service is designed to enable small to mid-sized institutions to cost-effectively achieve workforce management (WFM) benefits previously out of reach, the company said. For info: verint.com.