DEER PARK, Texas - (02/24/06) Shell FCU said Thursday it hascontracted with Open Solutions to install the companys TheComplete Credit Union Solution core processing system. In additionto The Complete Credit Union Solution, Shell FCU will alsoimplement Open Solutions' Investor Reporting; Loan Participations;Loan Origination (consumer and mortgage), Business Intelligencetools (cView); Safe Deposit Module; Asset Collection ManagementSystem; Real-time ATM/Debit; Financial Accounting Suite; Maxxarvoice response technology (touchtone and speech); PremiumOverdraft; Interaction Management Center (IMC); TrainingProficiency Software; e-Receipts; Shared Branching; and electronicimage/item processing.
-
Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
14m ago -
The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
1h ago -
The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
4h ago -
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
6h ago -
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
6h ago -
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
7h ago