The 17,000-member CU in Calumet City, Ill., plans to go live in June with Internet banking, bill pay, mobile banking, online lending, inter-institution transfers and online membership enrollment from PM Systems Corp.
"If we do not offer state of the art e-services, our membership will migrate to the competition," said Walt Kopacz, CEO of the $151 million institution.
"Our WebFederal3 virtual banking product suite allows any credit union to compete effectively against their most sophisticated competitors," said Robert Broadwell, vice president of PM Systems in Chapin, S.C.
The company's online banking suite currently interfaces with the Fiserv APEX, Symitar Episys, UltraData and Fidelity Miser core platforms.
PM Systems (www.pmsyscorp.com) said it now provides online banking services to more than 60 credit unions and mobile banking to more than 20.
iPhone Users Get Rate Search from Mortgagebot
iPhone users who just gotta know right now can check out the latest mortgage rates nationwide from their favorite handheld communications device.
Mortgagebot has rolled out a free application that connects the iPhone and iPod touch to the Mequon, Wis., company's search site at www.mortgagemarvel.com.
The new app already has generated 30,000 rate-and-fee searches in its first six weeks, according to Mortgagebot, a provider of online, point-of-sale mortgage technology solutions.
"In seconds, iPhone users can download the free Mortgage Marvel app on the iPhone App Store and gain instant access to accurate, anonymous, real-time mortgage rate and fee quotes from lenders across America," said Rick Allen, director of strategic initiatives for Mortgagebot (www.mortgagebot.com).