Core banking provider Fiserv's purchase of competitor Open Solutions allows Fiserv to grow its client base by giving it access to Open Solutions' 800 core account processing relationships and its real-time core processing platform, DNA.

ALEXANDRIA, Va.-NCUA plans to award one low-income designated credit union a $50,000 grant for the best proposal that results in long-term savings to a credit union through collaboration.

A number of credit union CEOs said that looking into 2013 they are looking for controlled growth, even greater efficiencies, and to mobile banking to drive more business.

Credit unions should increase their electronic deposit capabilities in 2013, according to Curtis Hallowell, VP of product management for Cummins Allison.

The credit unions that grow this year will be those that have built "responsive cultures," according to Sam Kilmer, VP of market development for Harland Financial Solutions.

It's going to take better onboarding in 2013 for CUs to grow walletshare. That's the word from Sean McDonald, director of business development at Mid-State FCU and chair of the CUNA Marketing Council.

Efforts to streamline checking and develop both credit and debit portfolios are essential for CU growth in 2013, according to PSCU.

Dr. Brandi Stankovic, partner at Las Vegas-based credit union consultancy Mitchell, Stankovic & Associates, suggests credit unions allow members to voice how they would like to see the relationship with their credit union.

Credit unions far and wide and of all asset sizes have found themselves tangled in patent infringement lawsuits that allege the defendant CU has not paid a licensing fee in order to use certain technologies.

As credit unions race to keep pace with evolving technologies, few are prepared for a hidden danger of staying current: being named as defendants in patent infringement lawsuits alleging illegal use of those technologies.

The Maine CU League has launched a two-year statewide awareness campaign that touts the CU difference and hopes to change a long-held consumer perception: credit unions are not as tech savvy as banks nor do they offer the same reach and convenience.

Trust for Credit Unions, Washington, appointed Jim Regan as a trustee of the funds.

Upon further review, it appears efforts to form a credit union for professional athletes and their families is actually moving forward.

A new study from SYNERGISTICS Research finds that four in ten Internet households already have some form of tablet device, and one-third of those report that they use those machines for online banking.

Gesa Credit Union has signed on as one of the first financial institutions in the nation to use Acculynk's Payzura, a secured person-to-person (P2P) payment solution that provides members with the ability to transfer funds via an e-mail address or mobile phone number.

Corelation Plans Baltimore Demo

North Shore Credit Union recently began using an enhanced platform from HP that is designed to allow for the effortless recall of data from disparate locations while backing up varied virtual environments.

While Randolph-Brooks FCU first began implementing Andera software to streamline online banking methodologies in 2008, it's now building upon the existing platform by offering new resources to members.

SAN JOSE, Calif.-In what amounts to a growing trend, Technology Credit Union has joined the person-to-person payment service arena with SendMoney, an initiative supported by PayPal.

The decision to use a public or private cloud for data storage is often mulled over by credit unions both large and small. Vantage Credit Union weighed the pros and cons and opted for the latter.