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Municipal CU To Debut A2A Transfer Service

NEW YORK-Municipal Credit Union and NYCE Corp., a unit of Metavante, announced that MCU will introduce NYCE's new real-time, account-to-account (A2A) money transfer service to its 300,000 members.

MCU is the first financial institution to support NYCE A2A across multiple customer delivery channels-beginning last year with kiosks, now with online banking, and ATMs later this year.

"MCU's mission has always been to provide our members with competitive products and excellent service, and we believe that NYCE A2A funds transfers are a perfect fit with that commitment," said Carole Gonzalez, MCU senior vice president, chief of staff.

To transfer funds using A2A processed on the NYCE network, the sender needs the receiver's ATM/debit card number. A2A requires both the sender and the receiver to hold accounts with financial institutions affiliated with the NYCE Network. For security reasons the receiver's PIN and expiration date are never required.

E*TRADE Bank Site Wins The Webby

NEW YORK-The website for E*TRADE FINANCIAL (www.etrade.com/bank) was named as the Best Banking/Bill Paying website of 2005 in the Webby Awards. More than 4,300 sites entered from all 50 states and more than 40 countries were entered in the competition. The Webby Awards are determined by the International Academy of Digital Arts & Sciences. Winners will be honored at The 9th Annual Webby Awards in New York City on June 6.

For info: www.webbyawards.com.

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