Product & Service
HRCU Selects MortgageClick
ROCHESTER, N.H.-The $100-million Holy Rosary Credit Union here has selected Woburn, Mass.-based MortgageClick to expand its mortgage lending initiatives. MortgageClick's web-based platform, created by Prime Alliance Solutions, was developed exclusively for credit unions, and uses a streamlined, 10-question application to delivers results within minutes.
For info: www.mortgageclick.biz.
MCUA Extends SCC Contract
SOUTHFIELD, Mich.-The Missouri CU Association recently extended its processing contract with Service Centers Corp. By extending its contract with SCC for three more years, MCUA's Credit Union Shared Branch network will be utilizing upgrades in SCC's teller platform and expedited processing delivery. MCUA is currently working with SCC and CO-OP Network to cooperatively produce statement inserts for St. Louis credit unions, and they are working jointly with SCC and the World Council of Credit Unions to offer shared branching to MCUA's partner, the Barbados CU League.
For info: www.servicecenters.org
DCU, Western Reliance Partner
PORTLAND, Ore.-Western Reliance Corp. here reported that Massachusetts-based Digital Federal Credit Union (DCU) has chosen the company to be its Collateral and Mortgage Protection Insurance provider and tracker.
For info: www.westernreliance.com.
Members Mortgage Turns 10
WOBURN, Mass.- Members Mortgage Co. is marking its 10th anniversary. The company specializes in assisting credit unions throughout New England by offering individualized lending programs for credit unions of all sizes. It has helped to generate more than $300 million in new loans for their clients' portfolios, and offers MortgageClick, an online lending solution.
Reg, Compliance Training Offered
TALLAHASSEE, Fla.-Southeast Corporate Credit Union has begun to provide regulatory and compliance training for its staff, member credit unions, its board of directors and its supervisory committee. Efforts have included presentations to those constituencies on a host of issues. Most recently, Tim White, national risk specialist for Anti-Money Laundering (AML), the BSA, OFAC and the USA PATRIOT Act for Thompson Financial Publishing, led a session.