3 Sign On With BECU's Online Mortgage Program
SEATTLE-Vandenberg Credit Union, Kinecta FCU and America First Credit Union have chosen to offer an online mortgage solution provided by Prime Alliance Solutions, a company jointly owned by Boeing Employees Credit Union and DEXMA. At BECU, VP Joe Brancucci said that more than "60% of our mortgage applications are now received over the Internet." Brancucci also said that Prime Alliance will make it easy for smaller credit unions to provide new mortgage loan technology to members, and is designed to be "conversational," walking the applicant step-by-step through only ten questions and twenty- five mouse clicks. Within minutes, the credit union member can be credit-approved for a loan amount and payment schedule to fit their unique needs. For info: www.primealliancesolutions.com.
Security Service Ranked #28 Among 123 FIs
SAN ANTONIO-Security Service Federal Credit Union was ranked number three among CUs in the nation and number 28 of 123 financial institutions ranked by number of online users, according to Bank Technology News, an affiliate of The Credit Union Journal. Security Service has more than 100,000 members currently utilizing CompuBranch, its proprietary online internet banking system. For info: www.ssfcu.org.
STAR Network Processing Utility Bill Payments
MAITLAND, Fla.-The STAR Network is now processing utility bill payments over the Internet as part of a full-scale pilot launched in conjunction with BillMatrix Corp. Arizona Public Service was the first utility to sign on. For info: www.star-system.com.