Product & Service
New Suite Of Retirement Tools
MADISON, Wis.-CUNA Mutual Group's IRA Services has introduced a new suite of retirement tools to help credit unions offer members online access to IRA planning and management. The company said its "IRA Center" is a web-based product now available to credit unions that will allow members to learn about, plan, open and manage an individual retirement account online.
IRA Center is delivered through CUNA Mutual's MEMBERS Financial Network, and provides up-to-date IRA and retirement-focused content that integrates seamlessly into a credit union's website. Members will have access to risk assessment tools, investment options, and remote transaction capabilities.
For info: www.cunamutual.com.
CU Central of Ontario The Choice
TORONTO-Credit Union Central of Ontario has been selected by the (C) $1.8-billion Alterna Savings Credit Union and the (C) $3.3-billion Meridian Credit Union to provide clearing and banking services. Credit Union Central will provide the credit unions with numerous banking services, including check and item processing, cash management, electronic item processing and related activities.
"I am particularly honoured by this decision because Meridian and Alterna Savings have assured us that we did not win their business simply by virtue of being a cooperative," said Central CEO Howard Bogach. "We earned their business because we had a competitive proposal and a strong overall value proposition to offer them."
2 Texas CUs Select TitleAuctions
PORTLAND, Ore.-TitleAuctions, Inc. has signed service agreements with two billion-dollar credit unions for the remarketing of repossessed collateral: the $1.46-billion Texans Credit Union and the $2.9-billion VyStar Credit Union. The company said that among the unique features of CUAuctions.com is the ability for credit unions to present their own vehicles for sale to their own members on their own website, and marketing to consumers through search engines, such as Google, MSN, and Yahoo!
For info: www.titleAuctions.com.