New 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.comAutoland Adds Four New ClientsCHATSWORTH, Calif.-Autoland, Inc., signed four CUs to use its car buying and trade-in services: Seattle Metropolitan CU and Verity CU, Seattle; SRI FCU, Menlo Park, Calif.; and Valley First CU, Modesto, Calif.For info: www.autoland.comSunmark FCU Signs With UsNetALBANY, N.Y.-Universal Sharing Network (UsNet) said Sunmark FCU has joined its shared branching network as an issuer and an acquirer.For info: www.universalsharing.comCity & County Joins Shared BranchingST. PAUL, Minn.-Minnesota brought its number of credit union service centers to 39 after City & County Credit Union added its four locations to shared branching.For info: www.cuservicecenters.comLending Insights Marks 75th CUONTARIO, Calif.-Lending Insights, providers of analytical tools and business intelligence solutions to the credit union industry, said its client base has grown in 2011 to include 75 credit unions.For info: www.lendinginsights.comCUES, JMFA Extend PartnershipMADISON, Wis.-The Credit Union Executives Society (CUES) announced an extension of its partnership with John M. Floyd & Associates Executive Search Group, a Baytown, Texas-based firm specializing in recruitment searches, outplacement services and succession planning.For info: www.cues.org/executivesearchCU Members Mortgage Signs 12 CUsDALLAS-CU Members Mortgage said 12 more CUs chose it as their new mortgage lending partner: Georgia Heritage FCU, Holy Family Memorial CU, LGE Community CU, Lincoln S.D.A. CU, National 1st CU, TCC CU, The Florist FCU, USX FCU, Utah Central CU, Victoria FCU, Wauna FCU. For info: www.cumembers.comCatalyst Offers NEV Reporting ToolsPLANO, Texas-Catalyst Corporate said Strategic Solution's NEV (Net Economic Value) reporting tools are being offered at no extra charge to credit unions that subscribe to the standard or comprehensive NEV Analysis Report. The Extreme Rate NEV Analysis provides credit unions with a long-term measurement of interest rate risk on their balance sheet as a result of a 400-500 basis point increase in interest rates, the company said.For info: www.catalystcorp.org
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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








