EFCU, TNB Card Services Partner
DALLAS-E Federal Credit Union in Louisiana moved its credit card processing to TNB Card Services so that it can deliver a more flexible, scalable, and service-oriented program to its members. EFCU will convert more than 3,300 credit card accounts to TNB.
With eight branches, plus an operations center, the $203-million E FCU caters to more than 21,000 members associated with ExxonMobil Corp., ExxonMobil Chemical Co., ExxonMobil Chemical Americas, and ExxonMobil Service Stations in Louisiana. The credit union also serves 30 SEGs located in Ascension Parish.
For info: www.tnbcard.com.
SE Corp Expands Virtual Deposit
TALLAHASSEE, Fla.-Southeast Corporate announced plans to expand its Virtual Deposit product. To date the corporate has launched the branch capture feature of Virtual Deposit at more than 430 credit union branches throughout the southeast.
According to Kay Moon, SVP of Correspondent Services, Southeast is preparing to pilot Virtual Deposit's Merchant Capture which affords credit union business members the same advantages of Check 21 that credit unions themselves have experienced with branch capture.
"With Virtual Deposit Merchant Capture a credit union business member will benefit from cost savings, improved operating efficiency, and expedited fraud detection. Because the product is web-based members will be able to make deposits directly from their business at their convenience. This is a great opportunity for credit unions to assist their business members and also grow deposits," Moon said.
For info: www.secorp.org.
LSI Signs Three New CUs
ELGIN, Ill.-Lending Solutions Inc. has been chosen to provide its 24/7 call center services to three credit unions. La Crosse, Wis.-based Altra FCU; St. Louis, Mo.-based Anheuser-Busch Employees' CU and Opelika, Ala.-based Four Seasons FCU will use LSI call center services focusing on loan origination and Internet lending.
LSI provides lending center services and consulting programs for financial institutions plus 24-hour lending services to approximately 300 of North America's CUs, banks, and mortgage companies.
For info: www.lendingsolutions.com.
Visit www.cujournal.com
