WASHINGTON - Now it can be told.

Smart Financial CU, Houston, Texas, named Corbin Wilson vice president of electronic member services.

WALL STREET - The biggest credit union service providers, who had all rallied to new highs in recent days, were pulled down with the rest of the stock market after the Dow Jones average plunged 415 points, it's steepest fall since the days after Sept. 11, 2001. Shares in First Data Corp. declined 4.5% for the day; Jack Henry & Associates fell 3.4%; Fidelity National Information Services fell 3.2%; CheckFree by 3.3%; Fiserv by 2.5%; and Online Resources by 2%, all on heavy trading, as the markets were in a huge sell-off. A statement by former Fed Chairman Alan Greenspan suggesting a recession was on it way, coupled with a big sell-off in overheated Chinese markets the night before, contributed to panic selling as the markets opened on Wall Street. By late afternoon on Feb. 27 the Dow was down 546 points-after plummeting 178 points in just one minute when New York-based Dow Jones switched to another data server that quickly calculated trades made earlier in the day.

Experian: 14% of U.S. Pop. Has 10-Plus Credit Cards

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IOWA CITY - Members of University of Iowa Community CU resoundingly voted to keep its name by an 806-631 margin at a Feb. 28 vote here.

WASHINGTON - Now it can be told.

WASHINGTON - Notes and quotes from CUNA's Governmental Affairs Conference.

WASHINGTON - NCUA Board Vice Chairman Rodney Hood promised to fight imposing Community Reinvestment Act provisions on credit unions, encouraged more member business and microlending and how CUs can help stave off unscrupulous lenders from taking consumers for a ride.

FSCC Pays Its Highest Dividend

CU Teams With Bank On Viable Mortgage Program

JACKSONVILLE, Fla. - Fidelity National Information Services has expanded its outsourcing operations in India, with the acquisition of Second Foundation, Inc., a leading provider of offshore global information technology services. As a result of the deal, Fidelity National's India-based outsourcing operation now operates in Bangalore and Chandigarh. Fidelity National also provides outsourcing services in the Philippines. Fidelity National is one of the largest providers of back office services to credit unions with the recent takeovers of Open Solutions, Digital Insight, John H. Harland Co., and Corillian. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

JACKSONVILLE, Fla. - Fidelity National Information Services has expanded its outsourcing operations in India, with the acquisition of Second Foundation, Inc., a leading provider of offshore global information technology services. As a result of the deal, Fidelity National's India-based outsourcing operation now operates in Bangalore and Chandigarh. Fidelity National also provides outsourcing services in the Philippines. Fidelity National is one of the largest providers of back office services to credit unions with the recent takeovers of Open Solutions, Digital Insight, John H. Harland Co., and Corillian.

FSCC Pays Its Highest Dividend

MARCH

JACKSONVILLE, Fla. - Community First CU of Florida, one of the state's largest CUs, said it has discontinued its indirect auto lending program.

WASHINGTON - Credit unions weighed in again last week to try to rescue the Community Development Financial Institutions Fund, calling on Congress to save the Clinton-era program from Bush-era budget cuts.

SLIDELL, La. - Homer C. Thomason, a former president of the Louisiana Credit Union League, has died. Mr. Thomason was 95.

SSFCU Selects Prime Alliance

WALL STREET - The biggest credit union service providers, who had all rallied to new highs in recent days, were pulled down with the rest of the stock market after the Dow Jones average plunged 415 points, it's steepest fall since the days after Sept. 11, 2001. Shares in First Data Corp. declined 4.5% for the day; Jack Henry & Associates fell 3.4%; Fidelity National Information Services fell 3.2%; CheckFree by 3.3%; Fiserv by 2.5%; and Online Resources by 2%, all on heavy trading, as the markets were in a huge sell-off. A statement by former Fed Chairman Alan Greenspan suggesting a recession was on it way, coupled with a big sell-off in overheated Chinese markets the night before, contributed to panic selling as the markets opened on Wall Street. By late afternoon on Feb. 27 the Dow was down 546 points-after plummeting 178 points in just one minute when New York-based Dow Jones switched to another data server that quickly calculated trades made earlier in the day. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com