HONOLULU, Hawaii - (07/28/04) -- Pacific Processing Partners, LLC, ajoint venture between Hawaii USA FCU and WesCorp FCU, has beenlaunched here. The new CUSO will provide image-enabled checkprocessing services for credit unions located throughout theislands. The processing center is located inside HawaiiUSA FCU'smain office in downtown Honolulu and had been clearing share draftsfor members of the CU. WesCorp plans to migrate all items from itsexisting 54 credit union member clients to Pacific ProcessingPartners over the course of the next five months. The CUSOanticipates total volumes will exceed 1,000,000 items per month atthat time and has the capacity to accommodate more items andclients.
-
Analyses show that generally speaking, companies that deploy AI the most are also recruiting more humans.
47m ago -
Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
47m ago -
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., said the National Credit Union Administration's efforts to roll back 31 rules without a board quorum could jeopardize the credit union system's stability and legitimacy.
47m ago - AB - Policy & Regulation
The high-cost lender wants a federal court to vacate a nine-figure judgment, claiming the Consumer Financial Protection Bureau acted in "bad faith" by abandoning a settlement agreement that would have sharply reduced the company's payment.
47m ago -
Groups representing community banks and credit unions argue that the Department of Agriculture used a faulty process when it removed 10 lenders from its OneRD loan guarantee program
June 29 -
The Kansas City bank plans to purchase St. Louis-based Nolan & Associates, adding to its investment banking advisory capabilities.
June 29










