TMG Acquires Pioneer CU Portfolio
DES MOINES, Iowa-TMG Financial Services has acquired the credit card portfolio of Pioneer CU in Green Bay, Wis. The portfolio has $13 million in account balances and 6,300 accounts under management.
For info: www.TMGFinancialServices.com
WalletPop Showcases Financial Ed
DENVER, Colo.-WalletPop-AOL's financial website-showcased the FoolProof financial education program, offered exclusively through credit unions. The resulting article highlights the FoolProof advantage over bank- and credit card-sponsored programs and introduces AOL's readers to the FoolProof system.
Readers of the article are directed to www.FoolProofMe.com where users can register to use FoolProof through a credit union website in their area.
For more info: www.foolproofnational.com
CUC Mortgage Corp. Adds 2 CUs
ALBANY, N.Y.-CUC Mortgage Corp. has added two credit unions to its client roster: TCT FCU, Ballston Spa, N.Y. and Jersey Shore FCU, Northfield, NJ.
TCT FCU has $95 million in assets and serves almost 12,000 members. Jersey Shore FCU serves 10,000 members and has $82 million in assets.
For info: www.cucmortgage.com
DeposZip Signs 4 More CUs
BURLINGTON, Mass.-DeposZip, a consumer and business remote deposit capture service launched in 2007, said it closed 2008 with more than 87,000 items deposited. Collectively, deposits totaled $76 million, with an average deposit value of $1,151. Moreover, reported DeposZip, the number of active CU members grew by 24% each month, with CUs in 13 states participating.
It also recently signed four more CUs: the $648-million Farmers Insurance Group FCU, $581-million Liberty Bay FCU in Boston; $172-million MBTA Employees FCU in South Boston, and the $37-million Ohio Healthcare FCU in Dublin, Ohio.
For info: www.deposzip.com
Three CUs Select CRI Solutions
ATLANTA-Three CUs have signed with CRI Solutions for collateral protection insurance: Fort Meade Community Credit Union, HEW Federal Credit Union and Washington Gas Light FCU.
CRI said the products offer an increased level of quality control and automation for CUs. For info: www.crisolutions.net
