Cardholder-Level Data Analysis NeededDES MOINES, Iowa-Credit and debit card issuers should be drilling down to the cardholder level to get a true understanding of their members' purchase behavior, according to a new white paper by The Members Group titled, "The Whole Picture: How cardholder-level data is changing the way card managers make decisions."For info: www.themembersgroup.com/PRdataCoastal CU Joins CU24BILOXI, Miss.-Coastal CU, formerly Biloxi Municipal CU, has joined Credit Union 24, the nation's largest fee-free ATM and point-of-sale network.For info: www.cu24.com2011 Scorecard Winners AnnouncedDALLAS-CU Members Mortgage recognized five of its credit union partners and one league for great achievements in their mortgage departments in fiscal year 2010/2011: Greater Texas FCU, Riverland CU, Eli Lilly FCU, Security Service FCU, Sandia Area FCU, and the League of Southeastern Credit Unions.For info: www.cumembers.comILT, CO-OP Member Center Team UpSALT LAKE CITY-Integrated Lending Technologies, LLC has entered into a partnership with CO-OP Member Center to provide its Dealer Indirect Lending and Leasing System (DILLS) solution to agents working in the Ft. Worth, Texas-based Member Center. "Having well trained and experienced CO-OP Member Center underwriters always available will provide our credit union clients with a simple and immediately available way to provide better service to their members and dealer partners," said ILT President William McGregor.For info: www.co-opfs.org or www.iltech.us.CO-OP Matching CMN FundraisersRANCHO CUCAMONGA, Calif.-Applications are now available for the 2012 CO-OP Miracle Match, enabling credit unions to maximize their Children's Miracle Network Hospitals fundraisers through the $1-million matching program from CO-OP Financial Services.For info: www.co-opfs.orgJustice FCU Signs With CRI SolutionsELKRIDGE, Md.-CRI Solutions, Inc. announced it has signed a multi-year agreement with Justice FCU, Chantilly, Va., to provide a variety of technology and financial services, including debt protection, GAP and auto warranty products.For info: www.crisolutions.netLending Solutions Helps CU GrowELGIN, Ill.-Lending Solutions Consulting said $147-million Canton Schools Employees FCU, Canton, Ohio, has grown in many measurable categories-including loan income and net income-after working with lending consultant Rex Johnson.For info: www.lendingsolutions.comApple FCU Extends Credit Card Servicing Agreement With PSCUST. PETERSBURG, Fla.-PSCU Financial Services said $1.4-billion Apple FCU, Fairfax, Va., signed a contract extension for credit card servicing of its portfolio of 24,000 accounts and $60 million in outstandings through 2014.For info: www.pscufs.comTMG Adds Department To Address Influx of Prepaid ClientsDES MOINES, Iowa-Payments solutions provider The Members Group created a new client-service department, the TMG Retail Payments Team, which will manage prepaid product implementations, support client portfolio growth and provide prepaid cardholder service.For info: www.themembersgroup.comLoan Saver Generates $1M In New Loans For Congressional FCUWASHINGTON-Code Green, LLC, a marketing technology company for credit unions, said $690-million Congressional FCU's Great Loan Makeover campaign, which used Code Green's Loan Saver lead generator system, generated 186 loan leads that resulted in $1.03 million in approved loans in just eight weeks.For info: www.codegreen.org
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Berkshire Hathaway's banking-related investment strategy is murky, after the arrival of new leadership and the sale of its stakes in Visa and Mastercard.
40m ago -
Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week's banking news roundup.
May 22 -
President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
Cetin Duransoy said every employee at his company is now using AI in some way.
May 22 -
Many banks are missing revenue and cost-cutting opportunities—and potentially disenfranchising customers by not offering relevant app details.
May 22








