Now in the Market
CUES, Vital Insight Offer ERM
MADISON, Wis.-The Credit Union Executives Society announced a partnership with Vital Insight, Austin, Texas, to provide enterprise risk management (ERM) services to credit unions. The new service, CUES Enterprise Risk Management, Presented by Vital Insight, will help CUs develop, implement and maintain an ERM program.
For info: www.cues.org/CUES_Enterprise_Risk_Management
Fiserv Acquires AdviceAmerica
BROOKFIELD, Wis.-Fiserv, Inc., has acquired AdviceAmerica, a provider of integrated advisor solutions to financial institutions and independent advisors. AdviceAmerica will become a strategic part of the Investment Services unit of Fiserv. Financial terms were not disclosed.
For info: www.fiserv.com
Fynanz Hits 50 CU Milestone
NEW YORK-Fynanz, Inc., announced it now has 50 credit unions partnering with its nationwide student lending network. The two most recent partners are Princeton FCU with the EdAccess turnkey private student loan program and Dort FCU with a custom-built private student loan program.
For info: www.fynanz.com
Retirement Plan Committee Formed
MADISON, Wis.-CUNA Mutual Group formed a Retirement Plan Services Investment Committee to provide enhanced due diligence support for plan sponsors offering its Choice 401(k) program. The committee provides research, analytical studies and monitoring to provide solid due diligence reporting behind all investment options available in the Choice retirement program, the firm said.
For info: www.cunamutual.com
Guardian Taps VSoft's ASP Platform
ATLANTA-VSoft Corporation said $280-million Guardian CU selected its ASP platform, VServe, to handle branch item capture, image exchange and research/archiving of its images.
For info: www.vsoftcorp.com
Autobytel Launches AutoPilot
IRVINE, Calif.-Autobytel Inc., has launched AutoPilot, a new car buying service for consumers who receive financing from their local credit union or bank. Autobytel said Autoland, Inc., will be AutoPilot's premier partner and will help power the program with its call center technology.
For info: www.autobytel.com or www.autoland.com
CUSO Reaches 150 Clients
WASHINGTON-Credit Union Student Choice said GTE FCU in Tampa, Fla., NEFCU in Westbury, N.Y., and Associated CU in Norcross, Ga. have joined the credit union service organization's student lending network. The addition of GTE, NEFCU, and Associated means 150 credit unions have partnered with CU Student Choice.
For info: www.studentchoice.org
LincOne FCU Joins CU Service Network
LAKEWOOD, Colo.-CU Service Network said LincOne FCU in Lincoln, Neb., has joined its network, providing access to more than 4,000 nationwide locations.
For info: www.cusn.com
Minnesota Expands Shared Branching
BLOOMINGTON, Minn.-Minnesota has increased its number of CU Service Centers to 33 after Star Choice CU added its Bloomington office to the shared branching network.
For info: www.cuservicecenters.com
CUC Mortgage Adds Six Clients
ALBANY, N.Y.-Six CUs have signed with CUC Mortgage Corp. for their mortgage servicing needs: Blackhawk FCU, Beaver Falls, Penn.; NJ Firemen's FCU, Elizabeth, N.J.; Franklin Oil Region FCU, Franklin, Penn.; MAMTA FCU, Larchmont, N.Y.; Twin Rivers FCU, Massena, N.Y., and, Ukrainian Selfreliance of Western Pennsylvania FCU, Pittsburgh.
For info: www.cucmortgage.com
Enterprise Car Sales Says Thank You
MATTESON, Ill.-Enterprise Car Sales is saying thank you to credit unions following the sale of its one-millionth vehicle. Cumulatively, CUs have generated $7-billion in used car loans.
For info: enterprisecarsales.com
MEMBERS Dev. Co. Selects Quantivate
REDMOND, Wash.-MEMBERS Development Company has chosen Quantivate as a preferred partner for its vendor management and due diligence solutions as it seeks to streamline the vendor management process.
For info: www.quantivate.com
Podcast On New Roth Conversion Rules
WASHINGTON-NAFCU Services Corp. announced the availability of an educational audio podcast, "Roth Conversions-Why Should I Convert?" The podcast was created with Ascensus. The free 20-minute podcast is available at www.nafcu.org/ascensus.
CSCU Clients See 11% Growth
CLEARWATER, Fla.-CSCU reported that during Q1 its client CUs issuing small business cards achieved an 11% growth rate in total volume dollars, compared to only 4.8% growth industry-wide, as reported by Visa. In addition, usage was also greater with 7.3 transactions reported for CSCU business card programs versus Visa national averages of 6.5 transactions. CSCU added that on average, small business credit card programs offer five times the profitability of consumer programs.For info: www.cscu.net/smallbiz.