CUES Publishes New Guide
MADISON, Wis.-CUES has published "Managing Uncertainty: A Guide for Credit Unions," which it designed to "expand your awareness about the future and provide assistance to your credit union in planning for potential growth opportunities and the ambiguities that lie ahead."
For info: www.cues.org, or 800-252-2664.
Updated UniFi PRO Released
LAKE MARY, Fla.-Fiserv Lending Solutions has announced the upcoming release of the new version 5.2 of its UniFi PRO Mortgage loan origination and processing software. UniFi PRO Mortgage is an enterprise-wide, fully customizable and fully configurable loan origination and processing solution for large, multi-channel lenders, and the version 5.2 will feature significant new functionality, including an automated task engine, streamlined loan application processing, and optimized usage of automated underwriting system findings, the company said. "The new capabilities will boost productivity, improve efficiency, and help reduce the time and cost of moving loans through a lender's pipeline," noted Fiserv Lending Solutions. The first installation of the new UniFi PRO Mortgage version 5.2 is currently slated for the first quarter of 2003.
For info: www.fiserv.com.
State National Exec Is Speaker
COLUMBUS, Ohio-John Pearson, senior VP-sales for State National Companies, Ft. Worth, Texas, was among the speakers at the Midwest Credit Union 2002 Lending meeting here. Pearson led credit union managers through the psychological concepts behind motivational theory and its application to sales.
For info: www.statenational.com or 800-877-4567.
Special Certificates Sell Fast
SAN DIMAS, Calif.-Over a period of hours, WesCorp said it sold 150 certificates totaling $1.6-billion as part of a special deposit offer. The certificates earned 75 basis points more than the current federal funds target of 1.25 (2%), and carried a two-day term. Certificates issued ranged in size from $100,000 to $75 million, and sold out within hours. The corporate said it was able to take advantage of Part III expanded powers and provide funds to European banks seeking to pre-fund their balance sheets for the close of the calendar year. WesCorp said the certificates generated $65,881.
For info: www.wescorp.coop.