CU Members Mortgage Signs 11 CUsDALLAS-Credit union mortgage services provider CU Members Mortgage said it has signed 11 new clients since January: Mississippi FCU, Jackson, Miss.; Mississippi Postal Employees FCU, Jackson, Miss.; Central One FCU, Shrewsbury, Mass.; Central Vermont Medical Center CU, Berlin, Vt.; River City CU, San Antonio; Alamo FCU, San Antonio; Space City CU, Houston; Roanoke Postal Employees FCU, Roanoke, Va.; Veridian CU, Waterloo, Iowa; GESA CU, Richland, Wash.; and Omaha Police FCU, Omaha, Neb.For info: www.cumembers.comMECU Selects VendorINSIGHTCINCINNATI-VendorINSIGHT said $1.1-billion MECU of Baltimore signed with the company for its vendor risk and performance management program.For info: www.vendorinsight.comCorrespondent Lending OfferedNEW BRIGHTON, Minn.-CU Companies, a mortgage services CUSO, said it has developed a correspondent lending channel it will offer to credit unions in Wisconsin, Illinois, Iowa and Missouri.For info: www.cucompanies.comCommercial Alliance HonoredTROY, Mich.-Commercial Alliance, a business lending CUSO that serves 21 credit unions, received the Community Lender of the Year award from the Michigan Certified Development Corp. For info: www.commercialalliance.comProfitStars, ACH Alery Team UpMONETT, Mo.-Jack Henry & Associates said its ProfitStars division has formed a partnership with ACH Alery. As a result, ProfitStars has introduced two new solutions, ACH C.O.P.S. and ACH A.L.E.R.T., to financial institutions using its ACH Client and Enterprise Payment Solutions (EPS) platform.For info: www.profitstars.com or www.achalert.comVINtek Reports GrowthPHILADELPHIA-VINtek, a provider of automotive collateral management services, electronic lien and title (ELT) services, and direct finance processing for automotive lenders, reported revenue growth of more than 15% and almost 500 new clients in 2011, continuing a three-year span of double digit revenue and client growth.For info: www.vintek.com4 CUs Sign On For Prepaid CardsDES MOINES, Iowa-Four CUs have signed on to begin offering prepaid card programs from The Members Group and its sister company Coopera: Cornerstone CU, Des Moines, Iowa, offering ATIRAreload; First Central CU, Waco, Texas, offering the Coopera Card, ATIRAreload and ATIRAgift cards; Randolph-Brooks FCU, San Antonio, offering ATIRAgift; and, Veridian CU, Waterloo, Iowa, offering the Coopera Card and ATIRAreload.For info: www.themembersgroup.com
-
For the past three quarters, more bank branches have opened than closed. It's a trend, though a slight one.
2h ago -
For the first time in 17 years, the number of U.S. bank branches is on a sustained rise.
2h ago -
First Guaranty in Hammond Louisiana agreed to a consent order with federal and state regulators that's aimed at improving its credit quality.
August 10 -
With retail investors projected to allocate $2 trillion into private equity, credit and similar investments over the next five years, asset managers are increasingly acting as a bridge to previously exclusive opportunities.
August 10 -
New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.
August 10 -
One of three Federal Open Market Committee members to vote for a higher federal funds rate last month, the Cleveland Fed president is undeterred by the labor force decline in July.
August 10










