Partnership on Social Media
HERNDON, Va.-SocialLogix Inc., a provider of social media risk and compliance solutions, and DigitalMailer, provider of digital communications, have formed a reseller agreement where DigitalMailer will be the exclusive partner for the delivery of SocialSentry to the credit union and mid-sized banking markets.
For info: www.digitalmailer.com or www.sociallogix.com.
4G Enabled ATM Debuts
NORTH CANTON, Ohio-In collaboration with Verizon, Diebold has introduced an ATM that is 4G enabled. The technology adds a communication channel to and from the ATM, meaning that in addition to the financial institution or transaction processor being able to communicate with the machine, third parties such as service providers or monitoring centers will also be able to do so. The company said the faster, secure channel will improve monitoring and diagnostics. The 4G LTE connection also means financial institutions have the bandwidth to connect wirelessly with ATMs located off premises.
Indirect Lending Solutions Debuts
N. CHARLESTON, S.C.-Indirect Lending Services, LLC is now Indirect Lending Solutions, LLC, due to a "significant expansion of credit union service organizations" under the South Carolina Financial Solutions, LLC umbrella, including solutions for insurance, compliance, data and other services.
For info: www.indirectlendingllc.com
DATAMATX Achieves Compliance
ATLANTA-DATAMATX, a provider of printed and electronic billing solutions, said it has received an "Attestation of Compliance" for the Payment Card Industry Data Security Standard 2.0 (PCI DSS) from the PCI Security Standards Council LLC. For info: www.datamatx.com
TCI Sells Some Divisions
HAUPPAUGE, N.Y.-TCI recently sold five of its products to SS&C Technologies Holdings, Inc., to concentrate on its loan origination solution-DecisionLender, which generated the majority of its revenue in 2011. SS&C added AddressScreener, CreditScreener, My Credit Screener, Tenant/Employment Screener and FraudScreener to its existing services.
For info: www.ssctech.com or www.tcidecisionlender.com
DataVerify, Prime Alliance Partner
COLUMBUS, Ohio-DataVerify, a provider of fraud and risk management solutions to the mortgage industry, and Prime Alliance Solutions, Inc., provider of mortgage lending solutions to credit unions, announced their preferred partnership to offer DataVerify's enterprise-wide risk mitigation DRIVE platform.
For info: www.dataverify.com or www.primealliancesolutions.com'
Visit www.cujournal.com.e_SClB
DigitalMailer, SocialLogix Partner
HERNDON, Va.-SocialLogix and DigitalMailer have entered into a strategic reseller agreement where DigitalMailer will be the exclusive partner for the delivery of SocialSentry to CUs.
For info: www.digitalmailer.com or www.sociallogix.com
INVEST Financial Signs Texas CU
TAMPA, Fla.-INVEST Financial Corp. said it will provide brokerage and investment services to Texans CU, Richardson, Texas. For info: www.investfinancial.com
Energy Capital CU Chooses CUBUS
LIVERMORE, Calif.-CUBUS Solutions, a provider of online banking solutions, said Houston-based, Energy Capital CU has chosen its CUStatements, CUAlerts and CULetters for delivery of online banking services to its members.
For info: www.cubussolutions.com
CU Centers Sees 10% Surge
INDIANAPOLIS-Shared branching vendor Credit Union Centers said it grew by 10% in 2011, adding 31 new branches in Indiana and Illinois, and its national network grew by 434 branch locations.
For info: www.cucenters.com
Newtek Endorsed by CSS
NEW YORK-Newtek Business Services said its Newtek Insurance Agency, LLC, has been selected to be the exclusive endorsed provider for health and benefit insurance products to credit union small business members through CUNA Strategic Services. For info: www.thesba.com
Paducah FCU Joins MCUA's iVia
PADUCAH, Ky.-Paducah FCU signed a three-year contract with iVia Exchange Services, a check processing service operated by the Missouri Credit Union Association. MCUA said the iVia solution will save the CU $12,000 annually.
For info: www.mcua.org/checking
LemmonTree Clients Win Awards
TEMPE, Ariz.-LemmonTree Marketing Group said it has been acknowledged for its work on behalf of credit union clients by the 2011 MarCom Awards of the Association of Marketing & Communication Professionals. The "I'm a Patriot" TV commercial for Patriot FCU by the agency was recognized with a Gold Award in the Television Single Spot category.
The 2010 Annual Report for Fort Campbell FCU was recognized with a Gold Award in the Design/Annual Report category. The branding elements for Liberty Savings FCU were recognized with an Honorable Mention in the Strategic Communications/Marketing Promotion Campaign/Branding category. The retail branch cabinet banner for Fort Campbell FCU was recognized with an honorable mention in the Direct Marketing/Ads/Banner Sign category.
For info: www.lemmontree.com
Visit www.CUllaborationNation.com.
Southeast Corporate's Accolade Passes $1B In Funds Under Management
TALLAHASSEE, Fla.-Accolade Investment Advisory said it continued to experience "appreciable growth" during 2011, ending the year with nearly $1.2 billion in assets under management-an increase from $900 million under management at the end of 2010.
For info: www.accoladeadvisory.com
PCUA Partners With AdvantEDGE
HARRISBURG, Penn.-The Pennsylvania Credit Union Association named AdvantEDGE Financial Services, LLC, a CUSO based in Wyomissing, Penn., one of its preferred business partners. AdvantEDGE is a subsidiary of Utilities Employees CU that serves credit unions across Pennsylvania and the nation with a variety of solutions.
For info: www.ibelong.org or www.advantedgefinancialservices.com
CUNA Mutual Group's Investment Process Recertified
MADISON, Wis.-CUNA Mutual Group said Mesirow Financial's Investment Strategies department has recertified that the company's Retirement Plan Services' investment selection and monitoring processes are diligent and consistent with industry standards and the Employee Income Retirement Security Act's (ERISA) fiduciary prudence standard.
For info: www.cunamutual.com
SHAZAM Network Launches Blog
DES MOINES, Iowa-EFT products and services provider SHAZAM unveiled The SHAZAM Network Blog, designed to share payments industry insights to help financial institution executives remain as savvy and up-to-date as possible.
For info: www.theshazamnetworkblog.typepad.com
Innovative Card Services Enjoys Record December
ELKHART, Ind.-Innovative Card Services, a CUSO that provides prepaid cards to more than 50 credit unions across the country, said in December 2011 it exceeded its goal of $1 million in card loads between its four VISA Prepaid Card Programs during one calendar month.
For info: www.innovativecardservices.com
ALM First To Host Financial Institute In February
DALLAS-Credit union financial advisory firm ALM First Financial Advisors, LLC, will offer its Financial Institute Feb. 27-29 at the Four Seasons Resort and Club here. The company said the Financial Institute will provide financial institutions' senior management and staff with workable information in the areas of investment and balance sheet strategies, including asset/liability management.
For info: www.almfirst.com/financialinstitute
Loyalty Live Conference Registration Open
LAS VEGAS-Registration for the 2012 Loyalty Live in Las Vegas Net Promoter Score Conference is now open. The conference is scheduled for April 30-May 2 at the Cosmopolitan Hotel.
For info: www.loyaltylive.squarespace.com
cbanc Network Grows 620% In 2011
AUSTIN, Texas-cbanc Network, which bills itself as the largest online repository of FI-authored, board-approved, exam-tested content, said it grew 620% in 2011, growing from 500 to nearly 3,600 financial institutions (approx. 3,638 FIs and 7,710 users today).
For info: www.cbancnetwork.com
TMG Reports 25% Growth In Holiday Gift Card Sales
DES MOINES, Iowa-Financial institution clients of The Members Group collectively sold 25% more ATIRAgift cards during the 2011 holiday season as compared to the same period last year. TMG said it added 32 prepaid clients in 2011, 29 of which market the company's open-loop Visa gift cards.
For info: www.themembersgroup.com
MnIPC Ownership Consolidated, Restructured
ST. PAUL, Minn.-MnIPC, a check processor for credit unions, said it began 2012 with consolidated ownership following a restructuring in December. The organization redeemed its stock from Minnesota credit unions and transferred complete ownership to the Network Service Corporation, a wholly-owned subsidiary of the Minnesota Credit Union Network (MnCUN).
For info: www.mnipc.com
Continuity Control Reports 'Exponential' Growth In 2011
NEW HAVEN, Conn.-Continuity Control, provider of a compliance management platform for credit unions and community banks throughout the U.S., said it exceeded 2011 growth projections and for the fifth consecutive quarter has doubled its revenue. Continuity added 26 new community financial institution customers in the fourth quarter.
For info: www.continuity.net
On Your Way, MoneyU Form Partnership
DALLAS-On Your Way, a reward-based, web program to attract and educate Generation Y, here, and MoneyU, a financial game based in Rockville, Md., said they have partnered to help improve the financial skills and well-being of credit unions' young adult members.
For info: www.onyourwayinfo.com or www.moneyu.com
Farin & Associates Rolls Out New Service
FITCHBURG, Wis.-Farin & Associates, Inc., a consulting firm that provides asset/liability management solutions and retail product-pricing solutions to financial institutions, announced the rollout of iPrice Core Analytics, a non-maturity core deposit study service.
For info: www.farin.com
NXGEN Signs Iowa's Veridian CU
WHITEFISH, Mont.-NXGEN Payment Services signed $1.9-billion Veridian CU, the largest credit union in Iowa. The company recently signed contracts with the largest CUs in both Oregon and South Dakota.
For info: www.nxgen.com
Dwight Johnston, Callahan Provide New Analysis For CU Execs
CLAREMONT, Calif.-Dwight Johnston Economics and Callahan Financial Services are partnering to provide a new daily economic commentary written specifically for credit union leaders. The service is complimentary and available by registering at the Trust for Credit Unions website.
For info: www.trustcu.com
Bluepoint Announces Record 2011 Performance Results
HENDERSON, Nev.-Bluepoint Solutions said its 2011 performance included record results in all business segments, including customer growth and retention, the addition of new channel partners, and the development and deployment of new technology solutions. In 2011, Bluepoint grew its direct customer base by 36% with a 99% percent retention level.
For info: www.bluepointsolutions.com
Credit Union 24 Adds 17 CUs In Q4
TALLAHASSEE, Fla.-Credit Union 24, a credit union-owned ATM and point-of-sale (POS) network, said 17 credit unions, representing $3.6 billion in assets and more than 400,000 members, joined the network during Q4 2011, resulting in the most successful sales quarter for the network during 2011.
For info: www.cu24.com
PSCU Financial Services To Showcase Mà �PRO
ST. PETERSBURG, Fla.-PSCU Financial Services will showcase a new payments strategy called Mà �PRO-which it said synergistically combines engagement, agility and focused energy to enhance revenue and market share for its member-owner credit unions-at its 2012 Senior Leadership Workshop and Member Forum, April 25-27 in San Diego.
For info: www.pscufs.com
S&P Affirms 'BBB' Rating For CMG MI
SAN FRANCISCO-CMG Mortgage Insurance Company said Standard & Poor's Rating Services affirmed the company's "BBB" rating, maintaining a negative outlook. Although the report expressed concerns about the private mortgage insurance sector as a whole, it noted, "Relative to its peers, CMG MI's operating results have improved at a faster and more stable rate."
For info: www.cmgmi.com
Alloya Signs With VSoft
WARRENVILLE, Ill.-Alloya Corporate FCU and VSoft Corporation have entered into a partnership that outsources the corporate's back office item processing services to VSoft.
For info: www.vsoftcorp.com
