-
GLENDORA, Calif. – America’s Christian CU donated more than $14,400 to Children’s Miracle Network Hospitals.
January 16 -
ALTON, Ill. – Laclede Community CU said its longtime president and CEO Janice Callies has retired after 45 years working at the credit union.
January 16 -
YUBA CITY, Calif. – Sierra Central CU announced a $1-million bonus dividend for members.
January 16 -
DENTON, Texas – DATCU said it paid members a bonus dividend for 2011 of $363,940 on Jan. 1.
January 16 -
WOOD RIVER, Ill. – Shell Community CU named Gregory Lyons as the new president and CEO of the $100-million credit union.
January 16 -
ARLINGTON, Va. – NAFCU last week announced that Dr. Tun Wai will be retiring as its chief economist next month, after 25 years with the association.
January 16 -
SEVIER, Tenn. – Evangelical Christian CU, one of the biggest church lenders in the country, bought Evergreen Church in a foreclosure sale last week.
January 16 -
CLEVELAND – Century FCU has signed with CampusDoor to provide the company’s customized private student loans to members through its CU Student HELP Smart Option offered by Sallie Mae.
January 16 -
PHOENIX – Desert Schools FCU has signed with TransFirst to implement the company’s merchant processing and payment services solutions.
January 16 -
SEATTLE – Two faith-based groups held a protest outside a Bank of America branch in the University District on Friday to announce the transfer of their organizations’ funds to local financial institutions and depositing them with a nearby branch of BECU, a continuation of Bank Transfer Day.
January 16 -
ALBANY, N.Y. – The Federal Housing Finance Agency, the regulator for Fannie Mae and Freddie Mac, has joined efforts to get credit unions exempt from the mortgage recording tax in New York, ratcheting up the fight against the state tax.
January 16 -
Credit unions in the U.S. have paid members more than $75 million in special bonuses and loan interst rebates for business done during 2011.
January 16 -
-
While most industry analysts see debit interchange only shrinking this year, some suggest there are forces at play that could keep interchange close to levels credit unions currently enjoy.
January 16 -
Dow Louisiana FCU has seen strong loan growth thanks to a sales culture based around what one executive calls "revolutionary service."
January 16 -
Three Arizona credit unions are participating in a pilot program to dispense Visa Gift cards at walk-up and drive-through ATMs in select locations throughout the Grand Canyon State.
January 16 -
South Carolina FCU is offering to beat just about any mortgage loan deal in the country with its Mortgage Loan Guarantee.
January 16 -
The latest job fairs held by WestStar Credit Union, which serves gaming employees from three branches in Las Vegas and one in Reno, Nev., attracted more than 7,000 people.
January 16 -
Website Compliance Webinar SlatedDES MOINES, Iowa-Registration is now open for the PolicyWorks webinar "Three Commonly Overlooked Website Compliance Issues" scheduled for Jan. 26 at 2 p.m. CST. The hour-long webinar will address regulatory compliance issues related to online marketing/advertising efforts. For info: www.policyworksllc.comCU Centers Adds Members Choice CUINDIANAPOLIS-Shared branching vendor Credit Union Centers said $110-million Members Choice CU, Peoria, Ill., has signed to use its shared network of more than 4,400 branches nationwide.For info: www.cucenters.comCOMPASS 4 CUs Inks TwoWASHINGTON-Compliance provider COMPASS 4 CUs, LLC, signed contracts to provide services to $172-million Ashland CU, Ashland, Ky., and $189-million Arlington Community FCU, Arlington, Va.For info: www.compass4cus.comESL FCU Adds Prepaid Visa ProductsST. PETERSBURG, Fla.-PSCU Financial Services said it helped $4-billion ESL FCU of Rochester, N.Y., launch a new suite of prepaid gift and reloadable Visa debit card products. PSCU-FS said 151 credit unions use its prepaid platform, representing more than 700,000 active prepaid Visa gift and reloadable cards.For info: www.pscufs.comcuautocoupon Adds 4 CUsHAUPPAUGE, N.Y.-cuautocoupon, Inc., which seeks to drive more business to credit unions and auto dealerships, said it has signed four CUs to its network: Nassau Educators FCU and Nassau Financial FCU, both of Westbury, N.Y.; Winthrop-University Hospital Employees FCU, Mineola, N.Y.; and, Island FCU, Hauppauge, N.Y.For info: www.cuautocoupon.comWolters Kluwer Acquires PRINGLE MINNEAPOLIS-Wolters Kluwer Financial Services has acquired the regulatory compliance content of PRINGLE Policy and Procedure Solutions from PRINGLE Publications Corporation.For info: www.wolterskluwerfs.comCUDL Will Be On Hand At NADA 2012ONTARIO, Calif.-Credit Union Direct Lending said it will be representing its credit union partners at the National Automobile Dealers Association Convention for the ninth consecutive year, Feb. 4-6, in Las Vegas.For info: www.cudl.com or www.nada.orgInHouse Cuts Time for IntegrationPONTE VEDRA BEACH, Fla.-InHouse, Inc., a provider of appraisal technology for mortgage originators, said it is successfully integrating lenders and appraisal management companies to the Uniform Collateral Data Portal (UCDP) in a matter of a few weeks, and without the long-term contract required by many others.For info: www.inhouseusa.comre:member group Partners With OpenRoad Auto GroupMINNEAPOLIS-Automotive retailer OpenRoad Auto Group, based in Vancouver, B.C., has hired re:member group to create a multi-tiered loyalty program for OpenRoad's nine-dealership auto group, named "Club OpenRoad."For info: www.remembergroup.comEllie Mae Enhances Encompass360PLEASANTON, Calif.-Ellie Mae said it upgraded its Encompass360 mortgage management solution to include new functionality and enhancements designed to further increase compliance, efficiency and ease of use. It also introduced Encompass Originator, an integrated front-end technology solution specifically for users of DataTrac mortgage software.For info: www.elliemae.comFPCU Taps Dwolla For FundraiserDES MOINES Iowa-Financial Plus Credit Union (FPCU), here, the first financial institution to use online and mobile cash platform Dwolla for charitable donations, made a year-end effort to raise an additional $1,000 for Children's Miracle Network and believes adding Dwolla to the effort will reach the online community.For info: www.dwolla.comFrost Financial Adds CU ClientCINCINNATI-Frost Financial Services, Inc., a provider of GAP programs and menu-selling technology, said it recently inked DHCU Community CU, Moline, Ill., and added more than 90 new clients in 2011, giving it more than 1,000 CU clients nationwide.For info: www.frostinsurance.comOffers Made Easy LaunchedSAN FRANCISCO-Better Branches LLC, a technology provider specializing in front- and back-office workflow solutions, has released Offers Made Easy, which the company described as a cross-selling solution that equips front-line staff to make offers to clients, record the outcome, and provide reporting to management in real time.For info: www.betterbranches.comTFCU Re-Ups With CU Members MortgageDALLAS-Tallahassee FCU has renewed its mortgage lending services with CU Members Mortgage, the company said.For info: www.cumembers.comCO-OP Announces Partnership In WisconsinRANCHO CUCAMONGA, Calif.-CO-OP Financial Services said it has partnered with W.C.U.L. Services Corp. and Wisconsin Credit Union Shared Service Centers, Inc., to market CO-OP Network and Payment Processing services. WCUL of Pewaukee, Wis., and WCUSSC of Greenfield, Wis., will market CO-OP products to more than 210 Wisconsin-based credit unions, with more than 2.2 million members. WCUSSC already offers CO-OP Shared Branching, CO-OP Member Center and CO-OP E-Commerce Solutions. With the new agreement, WCUL and WCUSSC will also promote CO-OP Network and CO-OP Payment Processing services.For info: www.co-opfs.orgIndirect Lending Services Has New NameN. CHARLESTON, S.C.- Indirect Lending Services, LLC is now Indirect Lending Solutions, LLC, due to a "significant expansion of credit union service organizations" under the South Carolina Financial Solutions, LLC umbrella, including solutions for insurance, compliance, data and other services, the company said.For info: www.indirectlendingllc.comDATAMATX Achieves Compliance ATLANTA-DATAMATX, a provider of printed and electronic billing solutions, said it has received an "Attestation of Compliance" for the Payment Card Industry Data Security Standard 2.0 (PCI DSS) from the PCI Security Standards Council LLC.For info: www.datamatx.comTCI Sells Some Divisions HAUPPAUGE, N.Y.-TCI recently sold five of its products to SS&C Technologies Holdings to concentrate on its loan origination solution-DecisionLender-which generated the majority of its revenue in 2011, the company said. SS&C, a provider of financial services software and software-enabled services, added AddressScreener, CreditScreener, My Credit Screener, Tenant/Employment Screener and FraudScreener to its existing services.For info: www.ssctech.com or www.tcidecisionlender.comDataVerify, Prime Alliance PartnerCOLUMBUS, Ohio-DataVerify, a provider of fraud and risk management solutions, and Prime Alliance Solutions, Inc., provider of mortgage lending solutions, have partnered to offer DataVerify's enterprise-wide risk mitigation DRIVE platform. The companies said client credit unions will have access to products such as 4506T and SSA verifications, as well as DataVerify's identity, application, and property verification services.For info: www.dataverify.com or www.primealliancesolutions.comPartnership On Social MediaHERNDON, Va.-SocialLogix Inc., a provider of social media risk and compliance solutions, and DigitalMailer, provider of digital communications, have formed a reseller agreement where DigitalMailer will be the exclusive partner for the delivery of SocialSentry to the credit union and mid-sized banking markets.For info: www.digitalmailer.com or www.sociallogix.com.4G Enabled ATM DebutsNORTH CANTON, Ohio-In collaboration with Verizon, Diebold has introduced an ATM that is 4G enabled. The technology adds a communication channel to and from the ATM, meaning that in addition to the financial institution or transaction processor being able to communicate with the machine, third parties such as service providers or monitoring centers will also be able to do so. The company said the faster, secure channel will improve monitoring and diagnostics. The 4G LTE connection also means financial institutions have the bandwidth to connect wirelessly with ATMs located off premises. The new machine was introduced in Verizon's booth at the International Consumer Electronics Show.
January 16 -
Four in 10 consumers with an interest in mobile banking say that the ability to make deposits via their smart phones is the top factor in selecting or switching banks.
January 16