Now in the Market
SELCO Insurance Honored For Growth
EUGENE, Ore.-Progressive Insurance recently awarded SELCO Insurance Services with its 2009 Growth Award. Out of the top 20 insurance agencies in the state of Oregon, SELCO Insurance Services was recognized by this award as having the largest percentage of policy growth in 2009. SELCO Insurance Services is a subsidiary of SELCO Community Credit Union.
For info: www.selco.org
Allied Solutions, Pekin Life Team Up
CARMEL, Ind.-Allied Solutions, an independent agency provider of insurance, lending and marketing products to financial institutions, said it has partnered with Illinois-based Pekin Life Insurance Company to offer credit insurance and debt protection solutions.
For info: www.alliedsolutions.net
CO-OP Acquires Share System
RANCHO CUCAMONGA, Calif.-CO-OP Financial Services and Members United Corporate FCU, Warrenville, Ill., said CO-OP's purchase of SHARE SYSTEM from Members United, announced on March 15, is now complete.
For info: www.co-opfs.org or www.membersunited.org
Ohio CU Joins CU Student Choice
CLEVELAND-Credit Union Student Choice is the new private lending solution offered by Ohio Educational Credit Union to provide affordable educational funding. The OECU Credit Union Student Choice private education line-of-credit features zero origination fees, extremely competitive interest rates, in-school deferred payment, and a graduated repayment option.
For info: www.ohioedcu.studentchoice.org
Free Marketing Products Offered
LENEXA, Kan.-Beyond Marketing, LLC, a marketing CUSO, has established a website for credit unions to access free promotional materials to help market financial products. Each quarter the site, known as BFree, will have a new marketing product available for free download.
For info: www.beyondmarketingllc.com/bready/bfree/
Financial Services Adds MHVFCU
KINGSTON, N.Y.-Mid-Hudson Valley FCU has selected Financial Services, Inc., Glen Rock, N.J., for share draft processing. The $700-million credit union cited the opportunity to cut costs in making the decision.
For info: www.insideFSI.net.
Compliance Support Provided
COSTA MESA, Calif.-MeridianLink said the latest release of its loan origination and deposit platform supports new industry regulations and rules, including features to facilitate compliance with new amendments to Reg Z. MeridianLink has incorporated Open-End Lending plan tracking, identification of plans and automated linking of advance requests and trigger thresholds into the platform.
For info: www.meridianlink.com