Product & Service
Subprime Mortgage Is Offered
DES MOINES, Iowa-The Members Group and Central States Mortgage have entered into a partnership that will provide TMG clients with access to a sub-prime mortgage product. "It is has been increasingly important over the last couple of years that a non-traditional mortgage product was needed to reach a segment of the credit unions members who had poor or no credit," said Tom Kuehl, president and CEO of TMG. "Obviously, sub-prime lending can carry a negative connotation. However, when used properly it can be a powerful tool for a credit union to offer its members to help rebuild credit ratings and create solid credit histories."
TMG said it will continue to work with CUNA Mortgage and PHH to provide conventional mortgage loans to the more than 50 credit unions in Iowa that use TMG's mortgage service.
EDcreative Is Agency's New Name
INDIANAPOLIS-Englehart Dicken has changed its name to EDcreative. The phone and address remains the same, but there is a new web address at www.edcreative.com.
Fiserv/ACCEL Help With College
BROOKFIELD, Wis.-Thirty-four members of the high school graduating Class of 2005 have been awarded a total of $50,000 in college grants thanks to the Fiserv-owned ACCEL/Exchange Network and its Education Exchange college grant program. From an initial pool of thousands of applicants, four $5,000 grants and 30 $1,000 grants are offered each year.
For info: www.fiserv.com.
TotaleWorks System Released
LINDEN, N.J.-Integrated Media Management (IMM), which specializes in output management and document automation technology, has announced the availability of the TotaleWorks system for document output and signature capture. TotaleWorks has three components that completely automate the entire document process through seamless integration with both the host/core system and document management systems, the company said, including: TotaleAtlas, TotaleReceipts and TotaleChecks.