Revenues Continue To Grow; Blumenthal Added To Team

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eCU Technologies, reporting it is already exceeding 2005 revenues by 12%, has added Mike Blumenthal to its consulting/programming division to support the technology CUSO's continued growth. Blumenthal, who joins eCU Technologies from the $78-million Kimberly Clark CU, as its new programming architect, will help with the additional workload from new business and renewal of existing client contracts, the company said. Blumenthal has been working with the Symitar system since 2000 when his credit union converted to the Episy solution.

Separately, eCU Technologies has reached an agreement with Memphis-based Parsam Technologies, a provider of uMonitor ( financial technologies, to provide credit unions with itsleading Account-to-Account (A2A) Funds Transfer Service (FTS) for their members. The uMonitor Funds Transfer Service will give credit unions the ability to improve operational efficiencies and serve their members better, the company said.

Finally, eCU Technologies, a CUSO of Pennsylvania State Employees Credit Union, reported that during the first quarter of 2006 it renewed contracts with two credit unions to use its consulting and programming services: the $524-million Philadelphia FCU and the $1-billion Baxter CU. It also signed two new consulting clients to help them enhance the performance of their Symitar systems: the $1.4 billion Keesler FCU and the $4.3-billion Alliant Credit Union.

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