Product & Service
CUNA Mutual Is Rated 'A' By Fitch
MADISON, Wis.-A.M. Best has rated CUNA Mutual's primary insurance companies "A" (Excellent), while Fitch has rated the companies "AA-" (Very Strong). Both agencies labeled the company's rating outlook as "stable."
For info: www.cunamutual.com.
Mobiloil FCU Joins MSC
ATLANTA-With Hurricane Rita still fresh in their minds, the $235-million Mobiloil FCU in Beaumont, Texas has become the first in its market to join the Member Service Centers (MSC) through Credit Union Service Corporation and make shared branches available to members.
Card Outstandings Up 20%
ORLANDO-A year-end 2005 card promotion boosted outstandings by more than 20% at Fairwinds FCU here. The credit union worked with AdvisorsPlus representatives from PSCU Financial Services, St. Petersburg, Fla., to design the initial promotion and plan upcoming marketing activities for its credit card portfolio in 2006, the company said. A direct mail campaign to cardholders offered a credit line increase and a balance transfer offer of 3.99% for 12 months, and netted a 5.5% response rate and added $3.6 million to outstanding credit balances.
For more info: www.pscufs.com.
Design Firm Has New, Well, Design
SEATTLE-Design and architecture firm, Emick Howard & Seibert, Inc., has changed its name to EHS Design. Along with the new name, EHS Design will have a new graphic identity.
For info: www.ehs-design.com.
UHCU Picks Ceto Cash Calculator
WASHINGTON-Ceto and Associates, a national consulting firm providing revenue enhancement solutions, reported that United Heritage CU, Austin, Texas, has selected its Ceto Cash Calculator (C3), a vault cash management tool that allows branch managers to effectively allocate daily branch and ATM cash levels to increase profitability by freeing up excess non-interest earning vault and ATM cash.
For info: www.cetoandassociates.com.