CRI Solutions Signs Two CUsELKRIDGE, Md.-CRI Solutions, Inc., said it has signed multi-year agreements with Mid-Atlantic FCU and Point Breeze CU, both headquartered in Maryland, to provide its debt protection products, including life and disability protection, plus the ability to offer unemployment benefits to their eligible borrowers.For info: www.crisolutions.netVero Intro's New ID Theft SolutionsONTARIO, Calif.-Vero, a subsidiary of CU Direct Corporation and providers of identity recovery and vehicle aftermarket products and services for the credit union and automotive marketplaces, announced a series of new identify theft solutions specifically for credit unions and their members.For info: www.verocusolutions.comCorporate America, Sallie Mae Team UpIRONDALE, Ala.-Corporate America CU said it has partnered with Sallie Mae to offer the Smart Option Student Loan, a private student loan program designed to help students save money and pay off their loan faster than other alternatives.For info: www.salliemae.com/smartoptionFynanz Adds 5 CUs, Tops MilestoneNEW YORK-Fynanz, a technology provider of custom private student lending programs, added five credit unions to surpass 180 lending partners using its platform: $285-million Linn Area CU, Cedar Rapids, Iowa; $300-million City County CU, Fort Lauderdale, Fla.; $900-million Hanscom FCU, Hanscom AFB, Mass.; $300-million Cornerstone Community FCU, Lockport, N.Y.; and, $250-million Sooper CU, Arvada, Colo.For info: www.fynanz.comNAFCU Services Selects CheckAltWASHINGTON-NAFCU Services Corporation said it has selected CheckAlt as its Preferred Partner for Remote Deposit Capture (RDC) solutions. CheckAlt is a provider of automated and electronic check transaction processing solutions, including Remote Branch Capture (RBC) and Remote Teller Capture (RTC), and provides services in mobile capture, e-check services and merchant RDC.For info: www.nafcu.org/checkaltINVEST Financial Signs Seven CUsTAMPA, Fla.-INVEST Financial Corporation announced it will provide brokerage and investment services for seven credit unions from across the U.S.: $311-million TopLine FCU, Maple Grove, Minn.; $459-million Merck Sharp & Dohme FCU, Chalfont, Penn.; $373-million Crane FCU, Odon, Ind.; $365-million Hoosier Hills CU, Bedford, Ind.; $212-million Tampa Bay FCU, Tampa, Fla.; $126-million Emory Alliance CU, Decatur, Ga.; and, $109-million Tri County Area FCU, Pottstown, Penn.For info: www.investfinancial.comVisit www.cujournal.com today!
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First Guaranty in Hammond Louisiana agreed to a consent order with federal and state regulators that's aimed at improving its credit quality.
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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.
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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.
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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.
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As more traditional financial institutions turn to short-term liquidity offerings to meet growing consumer demand, legacy earned wage access providers are hoping to get their products in front of more employers – and their employees.
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The agency will give qualified new-bank applicants a contingent authorization within 120 days of applying, with an additional year after that to organize the bank before final green light.
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