Autoland Awards Sweepstakes
SHERMAN OAKS, Calif.-Autoland, the credut union auto-buying service, awarded a $15,000 sweepstakes grand prize to Betty Schoepf of San Luis Obispo, Calif., a member of the School Employees of San Luis Obispo County (SESLOC) FCU. The awarding of the grand prize capped a year-long Autoland sweepstakes called the 2006 Member Exclusive Giveaway.
Each month Autoland chose at random two CU members, and they each won either a $500 Visa Gift Card or a $500 Shell Gift Card, along with a chance at the $15,000 grand prize.
For info: www.autoland.com.
Tranax Terminates Agreement
FREMONT, Calif.-Tranax Technologies Inc. announced its decision to continue its own manufacturing, and terminate its agreement with Korean manufacturer Nautilus Hyosung Inc.
The decision comes on the heels of successful launches of two products produced in-house.
Officials said the decision had been under consideration for a while and that it won't disrupt equipment or part availability.
For info: www.tranax.com.
Groovecar Signs NYCFCU
HAUPPAUGE, N.Y.-GrooveCar, Inc. announced that it has signed a letter of agreement with the New York University FCU in New York City.
NYU FCU is the 20th credit union affiliated with GrooveCar for sale, lease or purchase of motorcycles, off-road vehicles and boats. Further, NYU is the second Manhattan-based relationship for GrooveCar. The CU serves alumni, staff, faculty and students of the 14 schools and colleges.
Teres Customers Use SAIL
AUSTIN, Texas-Teres Solutions, Inc., a provider of direct and indirect lending software, reported that more than 100 organizations are now using its SAIL lending software to manage their lending portfolios. During 2006, Teres Solutions customers processed in excess of $35 billion in loan volume.
Among the most recent institutions to sign with Teres are Dade County FCU, Del Norte CU, Mission FCU, Mobiloil FCU, Neighborhood CU, Ventura County CU, Veridian CU, NASA FCU, Credit Union ONE, SEFCU, Global CU, EDS CU, and Diamond CU.
Teres Solutions added that it has also launched several new product enhancements, including SAIL software's integration with Lenders Protection from CUNA Mutual Group. A Users Conference is planned for April 24-27, 2007 at the Driskill Hotel in Austin, Texas.
For info: www.teressolutions.com.
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