300 Attend CUDL Conference
RANCHO CUCAMONGA, Calif.-During its fifth annual Auto Lending Symposium, Credit Union Direct Lending (CUDL) honored five credit unions for overall indirect lending practices in the areas of dealer relations, member awareness, portfolio management, and innovation.
The Best Practice winners were selected from three asset categories and include: in the category of up to $100 million in assets, Washoe Credit Union, Reno, Nev.; in the $101 million to $600 million category, Yolo FCU Woodland, Calif., and Oregon Community Credit Union, Eugene, Ore.; and in the $601 million-plus category, Portland Teacher's Credit Union, Portland, Ore., and Wescom Credit Union, Pasadena, Calif.
"Our best practice recipients play an important role in the CUDL network," said CUDL CEO Tony Boutelle. "By sharing their ideas and successes with their credit union peers, helps to strengthen the effectiveness of the program for all participants." More than 300 credit union executives from 175 credit unions, dealerships and vendors were on hand for the meeting. For info: www.cudirect.com.
Updated Mortgage Solution
ANNAPOLIS, Md.-Mortgage Software Solutions has launched a new client/server version of The Mortgage Solution-its loan origination, tracking and closing system for credit unions. "The Mortgage Solution's client/server version is designed to scale-up to a growing community bank or credit union's requirements for larger operations, such as growing a multi-branch environment," the company said. "As with the standard version, The Mortgage Solution's client/server version is designed to follow the natural flow of originating, tracking and closing a loan - what Mortgage Software Solutions calls mortgage ergonomics."
For info: www.MortgageSoftware.com.
Triton ATMs Offer Prepaid Phone
LONG BEACH, Miss.-PaySpot, Euronet's U.S.-based prepaid phone recharge program, has gone live on Triton ATMs. PaySpot enables consumers to purchase wireless airtime from Triton ATMs throughout the United States.
"This addition to the ATM vastly increases the ease and convenience for consumers who want to top-up their phone," said Ron Ferguson, Executive Vice President of Euronet Worldwide. PaySpot is the latest service to go live in the Triton Waves program completing the first bundle of Triton Waves, which includes CashWork check cashing and Western Union ATM money transfers.
For info: www.tritonatm.com.