Mid-Atlantic Adds MembersMIDDLETOWN, Penn.-Mid-Atlantic Corporate said it continues to add new members, with more than 700 CUs having committed more than $129 million in capital, $119 million of which is in Perpetual Contributed Capital (PCC), giving Mid-Atlantic Corporate one of the highest PCC levels of all the corporates in the country.For info: www.midatlanticcorp.orgCU Solutions Grp Partners With DellLIVONIA, Mich.-Dell, Inc., now offers discounts on computers and devices through the Invest in America program, available exclusively through credit unions from the CU Solutions Group, a provider of human resources, technology, marketing and membership enhancement solutions for the credit union industry.For info: www.cusolutionsgroup.comPSCU Helps Affinity Plus FCUST. PETERSBURG, Fla.-PSCU Financial Services said its Total Member Care representatives assisted $1.3-billion Affinity Plus FCU, St. Paul, Minn., with increased call center volume generated by a 4%, 30-year fixed mortgage rate offer that was e-mailed to 70,000 members. The campaign generated a 14% response rate with 11,000 members contacting Affinity Plus for additional information.For info: www.pscufs.comCU 24 To Host Conference At SeaTALLAHASSEE, Fla.-Credit Union 24, the country's largest credit union-owned ATM and point-of-sale network, will host "It's Your Network Credit Union Conference" in honor of its 30th anniversary April 19-23, 2012, aboard Royal Caribbean's Jewel of the Seas, which departs from Tampa, Fla. and makes a round-trip with a port-of-call in Cozumel, Mexico.For info: www.cu24.comVantiv Rolls Out Prepaid CardsCINCINNATI-Vantiv has introduced its first prepaid program, offering general purpose reloadable cards. The cards can be branded by participating financial institutions and used anywhere MasterCard is accepted in the U.S. The prepaid program is part of the planned family of Vantiv prepaid programs, which will include a single value card, incentive/rebate/reward/disbursement card, payroll card, parent/teen cards, and campus cards.For info: www.vantiv.comDesertview Adds Online TrainingHUNTINGTON, Utah-Desertview FCU has signed with TRC Interactive to train its staff with TellerSolutionOnline. The program includes the following module: Your Role as a Teller, Customer Service, Professional Dress, Products and Services, All About Money, Counting Cash, Checks, Identification, Check Cashing, Deposits, Payments, Withdrawals, Miscellaneous Transactions, The NCUA, and more.For info: trcinteractive.comNew Card Issuance System UnveiledMINNETONKA, Minn.-Datacard Group introduced Datacard MX6000 card issuance system, a complete card-to-envelope solution that delivers full-color cards and highly personalized carriers on demand, starting from white card stock and blank paper. The system can print up to 1,500 unique cards per hour.For info: www.datacard.com Diebold Enhances VWCU's ATMsNORTH CANTON, Ohio-Diebold said it is refreshing the ATM fleet at $1.1-billion Vantage West CU to meet new regulatory guidelines and increase member conveniences, streamline business operations and enhance security by adding deposit automation functionality and providing numerous integrated services.For info: www.diebold.comCO-OP logoCO-OP Expands Rewards ProgramRANCHO CUCAMONGA, Calif.-CO-OP Financial Services is expanding its rewards offerings with ShoppingFLING, a standalone, merchant-funded rewards program offered in partnership with RewardsNOW, Inc., Dover, N.H.For info: www.rewardsnow.com or www.co-opfs.orgMerdianLink Boosts Online AppsCOSTA MESA, Calif.-MeridianLink said it has helped $653-million San Francisco FCU increase online membership applications to hundreds per month from just a few dozen per month following the recent deployment of the company's platform.For info: www.merdianlink.comcuna mutual group logoCUNA Mutual Expands Investment SvcsMADISON, Wis.-CUNA Mutual Group, through its registered investment advisor affiliate, MEMBERS Capital Advisors, is expanding its Credit Union Investment Advisory Services (CUIAS) program in anticipation of an increase in deposits from new members due to Bank Transfer Day.For info: www.cunamutual.comOpteva ATM Hardware RevampedNORTH CANTON, Ohio-Diebold, Inc., said it has re-engineered its Opteva ATM hardware to support anti-skimming efforts with a new design for the bezel-the portion of the ATM containing the card slot and the surrounding area-to not only detect skimming activity, but to help prevent it.For info: www.diebold.comServerside Grants License To CUSOLONDON-Global card customization specialist Serverside Group announced the granting of a license of its U.S. card customization patents to Florida-based CUSO United Solutions and the release of United Solutions from the suit brought against it (and other parties) by Serverside in Delaware.For info: www.ssgl.comSWCCCU Signs With CU CentersINDIANAPOLIS-Shared branching vendor Credit Union Centers said $19-million Southwest Chicago Chapter CU has signed to use its shared network of more 4,400 branches nationwide.For info: www.cucenters.com
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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 -
Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They're now returning to the sector, and the renewed competition is prompting a pricing war.
May 21








