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WASHINGTON-One year after introducing its The Complete Credit Union Solution DNA release, Open Solutions reporting that 112 credit unions have now moved to the solution.
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The following are members of Credit Union Journal's Technology Panel.
July 24 -
TULSA, Okla.-Hundreds of residents joined officials of Tulsa Teachers Credit Union to unveil its new branch in nearby Bixby-and the chance to win $500.
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WASHINGTON-The Treasury Department added two more mortgage servicers to its qualified list of participants in its Home Affordable Modification Program, or HAMP.
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SHEBOYGAN, Wis.-A 19-year-old member of Kohler CU was charged with making $2,100 in fraudulent deposits at ATMs, then withdrawing the phantom funds using his debit card.
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NORFOLK, Va.-A hired gun paid to knock off a U.S. Navy officer by his wife, was found guilty of murdering the seaman as he pulled up to the ATM at Langley FCU in April 2007.
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Xceed FCU, El Segundo, Calif., hired Jennifer Farrelly as the new assistant VP-human resources.
July 24 -
ALEXANDRIA, Va.-NCUA declared that its Temporary Corporate Credit Union Share Guarantee Program, enacted to stem an outflow of funds from corporate credit unions, will cover accrued dividends posted before the failure of any corporate participating in the program.
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WEST LAFAYETTE, Ind. — Purdue Employees FCU here can set precise sales goals — and stick to them — in this unpredictable economy, thanks to a sales reporting and forecasting tool it built last year.
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WASHINGTON-CUNA reported last week that it made almost $300,000 in campaign contributions in June to 120 members of the House and Senate, as voting is approaching on key legislation.
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WASHINGTON-The proposal for a new Consumer Financial Protection Agency and the response by the credit union lobby illustrates, among other things, the different approach being taken by CUNA and NAFCU on a variety of issues.
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SAN DIMAS, Calif. — Credit union executives are angry at the payout of Bob Siravo, the former CEO of WesCorp FCU, who received a $6 million payout after he was fired when NCUA took the $34 billion corporate under conservatorship.
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MADISON, Wis. — The CUNA Councils have released a host of new white papers exploring in-depth issues, from membership growth to running a one-person IT department.
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Editor's note: this is the second of two articles exploring how the financial crisis impacts CU employees. The first article can be found here.
July 24
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Aug. 1 marks the date that financial institutions and other creditors must be in compliance with the Red Flag provisions of the Fair and Accurate Credit Transactions Act of 2003 (FACTA).
July 24
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CLATSKANIE, Ore.-Wauna Federal Credit Union organized weekly open-house events throughout the month of June to highlight Identity Theft Prevention Month.
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RALEIGH, N.C. — Bad economic conditions statewide are leaving more members here vulnerable to foreclosure, but State Employees' Credit Union is taking action to keep them in their homes with its new Mortgage Assistance Program.
July 24