Sooper Wins Q2 Marketing AwardDALLAS-CU Members Mortgage gave a 2011 Q2 Marketing Achievement Award to the $242-million Sooper CU, Arvada, Colo., for its use of new marketing tools to increase loans with its Gen Y membership.For info: www.cumembers.comRGCU Joins Branching NetworkLAKEWOOD, Colo.-CU Service Network said Rio Grande CU, Albuquerque, N.M., has joined its shared branching network.For info: www.cusn.comAlaska Option Expands Debit ProgramANCHORAGE, Alaska-Alaska Option Services Corporation, an ATM/POS debit network, said it is expanding its product offerings to include pass-through credit and debit signature processing services.For info: www.alaskaoption.comEmpower FCU Selects VSoft ATLANTA-VSoft Corp. reported that Syracuse, N.Y.-based Empower FCU has chosen its suite of item capture solutions, including merchant remote deposit capture and branch back-counter capture.For info: www.vsoftcorp.comConference Focuses On CommunityGRAND RAPIDS, Mich.-Being part of the community was the focus of CU*Answers' recent Leadership Conference. Randy Karnes, the CUSO's CEO, challenged CUs to consider what represents a community and who CUs should be talking about within today's communities. Attendees donated money to five community-related charities.For info: www.cuanswers.comNSC Names 2011 Innovation AwardsSAN FRANCISCO-NAFCU Services Corp: announced the winners of its 2011 Innovation Awards: Affinion Group for its Flex Checking, a program that addresses the question of free versus fee checking; Allied Solutions for its CenterPoint Client Portal, a one-stop shop of integrated applications and partnerships for end-to-end collateral management, and Insuritas for its online, private-label insurance agency portal that enables direct purchase of insurance products on its website.For info: www.nafcu.org/nafcuservicesConn. CUL In Marketing Agreement LIVONIA, Mich.-The CU League of Connecticut and CU Solutions Group (CUSG) have announced a new marketing agreement to offer solutions in the areas of marketing, technology, membership enhancements, and human resources to Connecticut CUs.For info: www.cusolutionsgroup.com or www.culct.coopVantiv Signs Two CUsCINCINNATI-Vantiv said two CUs have signed contracts ATM and debit card transaction processing, ATM driving, card production, and network gateway access: $130-million General Electric Employees FCU, Milford, Conn., and $33-million Wemelco CU Springfield, Mass.For info: www.vantiv.com
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The Cincinnati bank aims to grow in northeast Ohio with the acquisition of Westfield. The deal is expected to boost First Financial to a $20.6 billion institution.
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House Financial Services Committee Chair French Hill, R-Ark., declined to say whether he would pass the Senate's GENIUS Act without making his own changes, as President Trump has preferred.
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Nissan Motor Acceptance Corp. has applied for an industrial loan company charter, joining General Motors and Ford in hoping for better prospects for approval under the Trump administration.
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Barely two years after adopting a bank charter, NewtekOne in Florida plans to expand beyond its roots as an SBA 7(a) lender by growing its alternative loan program.
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The Federal Reserve is the latest bank regulator to purge reputational considerations from its supervisory materials.
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Although credit bureaus have collected this data for three years, it's only now being factored into assessments of consumer creditworthiness.
June 23