A new report from Javelin Strategy & Research estimates that consumers transferred more than $195 billion in 2011 using online, mobile, and other electronic channels.

CorePlus FCU here has opened two branches specifically for making loans as a way to test the waters for expansion to areas where the CU does not currently have a presence.

The banking lobby remains irate over NCUA's announcement that 1,000 credit unions are immediately eligible for low-income status and thus exempt from the congressionally mandated cap on member business loans.

With manufacturer incentives driving auto loan rates down, down, down, Pentagon Federal Credit Union is offering 0% this month, turning to a unique arrangement not unlike that between automakers and their dealers.

Greater Alliance FCU, Paramus, N.J., named Johana Gomera as director of lending.

Educational Systems FCU has reversed its decision to assess members of Montgomery County Teachers FCU an unusual, one-time $35 fee to help defray the costs of absorbing the troubled $400-million Rockville, Md., credit union.

Eagle One and SERVCO FCUs have opened a joint branch in the Rhawnhurst section of Northeast Philadelphia.

For many credit unions, competing with banks in mobile banking technologies has meant turning to third-party vendors. But not at Amplify FCU, which has taken the progressive step of developing in-house its own mobile checking deposit app.

Andrews FCU is using video to demonstrate to members how new products and services will result from a new core conversion.

More Answer Mobile's Call

In an effort to streamline its wire transfer capabilities, McCoy Federal Credit Union recently upgraded its platform to Fiserv WireXchange solution.

In an effort to further secure member data and provide employees with quicker access to applications, Service Credit Union has upgraded to DigitalPersona Pro Enterprise software and U.are.U Fingerprint Readers.

Michigan First Selects Corelation

Bay Federal Credit Union's in-house document management product is going public.

After nearly four months of reviewing more than 100 submissions, Horsetail Technologies, in association with Credit Union Journal, announced that Liberty Savings Federal Credit Union won the $100k Extreme Network Makeover.

NEFCU has launched an online small business site aimed at helping small business owners run their businesses.

Stanford Federal Credit Union will always have its place in history as the first financial institution in the world to conduct an online financial transaction.

CU*Answers has unveiled the latest round of winners in its fifth annual video contest. This year's theme was "Why I Work For A Credit Union".

CU Miracle Day Wins Wegner

Cathie Mahon has been named the new CEO of The Federation of Community Development Credit Unions.