Newtrend, a provider of outsourcing and software licenses based in Orlando, signed a handful of service contracts.

A $1.9 million licensing agreement for Newtrend's Infopoint data processing system was signed by Albank Financial Corp., a $3 billion-asset savings bank in Albany, N.Y. The bank will build a data center based on the IBM 9000 series mainframes.

The $175 million-asset First Federal Savings and Loan Association of Thibodaux, La., signed a $1.2 million data processing contract.

Sunburst Bank, a $1.7 billion-asset bank based in Granada, Miss., signed an in-house contract for the Infopoint collection and professional services system.

Duluth Teachers Credit Union in Minnesota, with $28 million in assets and 8,000 members, signed a software agreement.

Milwaukee-based Aurora Credit Union, with $8 million in assets and 6,000 members, signed a software agreement for the Credit Union Business Environment client-server-based program and a five-year maintenance contract.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.