Municipal CU said it signed a license agreement with ACI Worldwide to launch an electronic document delivery channel for its members. The credit union will use ACI's e-Courier to send personalized statements to members via e-mail. The $1-billion CU will eventually add alerts, PIN mailers, member service advisories and investment service information.
Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recommended.
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