Credit Union Times Magazine May-14, 2003

News Briefs

Tech Bytes

  • CU Village Adds Investor

    NORTHVILLE TOWNSHIP, Mich - CU Village, a credit union-owned provider of Web site development, content management and other e-business services, has added Sunrise Family Credit Union to its list of credit union investors. The credit union is the 13th organization to invest in CU Village. Sunrise Family Credit Union's Web...

  • EDS, Harte-Hanks Partner on MRM Offering

    PLANO, Texas - EDS and Harte-Hanks have arranged to make San Antonio-based Harte-Hanks' e.Vantage member-relationship management solution available to credit union clients of the big core processor. Plano-based EDS is offering the MRM solution as an application service provider to allow remote access, the company said, as well as making...

  • Danola Reunites with Martire at Metavante

    MILWAUKEE - Paul Danola, a familiar name in the credit union data processing space, is joining Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation, as EVP of its Financial Technology and Wealth Management solutions. Danola will report directly to recently named Metavante President and CEO Frank R....

  • Large CUs Taking to Online Wealth Management; AdviceAmerica Making a Splash

    FREEMONT, Calif. - Think of a pumped up version of account aggregation. That's how some are describing online wealth management. While account aggregation allows members to see all of their financial data, they can't do anything with it. Online wealth management allows members to input financial information via their CU's...

  • Patelco to Install eQueue Call-Center Networking Solution

    SAN FRANCISCO - Patelco Credit Union is installing eOn Communication Corp.'s multi-media contact center solution at the $3 billion credit union's headquarters and call centers in Atwater and Citrus Heights. The CU's member representatives handle more than 250,000 calls per month from its 190,000 members and the new system -...

  • ORCC Integrates CashEdge into Online Financial Management Platform

    McLEAN, Va. - Online Resources Corp. is rolling out what it says is the first personal financial management tool that integrates money movement transactions with account aggregation. The new solution is called Money HQ and integrates CashEdge Inc.'s aggregation and account-transfer solution into ORCC's Quotien suite of electronic financial services,...

  • XP Systems Seeking a New CEO

    MOORPARK, Calif. - Bill Anderson has stepped down as president of XP Systems, a credit union data processing subsidiary of Fiserv. According to XP Systems, Anderson is leaving to pursue other interests. He was CEO for three years. Roger Kuhns, longtime CEO of CUSA Technologies, another Fiserv subsidiary, and the...

  • Internet to give way to Totalnet, TowerGroup guru predicts

    NEEDHAM, Mass. - So long Internet. Hello Totalnet. That's what a TowerGroup's research chief calls the anytime, anywhere tech-driven environment that financial services and much else in our daily lives will inhabit by the year 2020. "While experts today refer to both pervasive computing and the ubiquity of the Internet,...

  • University of Phoenix to Offer College Credit for CUES Work

    MADISON, Wis. - The Credit Union Executives Society will be offering college credits through the University of Phoenix Online for some of its programs. The credits can then be applied toward undergraduate degree programs at the school. The programs are CEO Institute, Directors leadership Institute, CUES Management Institute and the...

Briefs

  • Images & Ink Takes Home the Gold

    NORTHVILLE TOWNSHIP, Mich. - Images & Ink, a division of the Michigan Credit Union League's (MCUL) subsidiary CUcorp, earned Gold Award honors at the Detroit Club of Printing House Craftsmen's 14th Annual Gallery of Superb Printing Competition. The Detroit Club competition recognizes excellence in creative design and printing quality produced...

  • SECURITY FCU Branding Increases Public Awareness

    FLINT, Mich. - SECURITY Federal Credit Union is basking in the glow of a successful brand campaign. According to a recent survey conducted by CTS Advertising, name recognition and general awareness of SECURITY FCU have increased in the Flint and Saginaw areas. The television commercials and print ads feature actual...

  • PSB Launches New Media Production Division

    LAKE FOREST, Calif. - PSB, The Marketing SuperSource", has formed PSB Media Productions, a new division that specializes in syndicated and custom radio and television commercials, in-lobby video and other forms of electronic media. The new division is designed to service small and mid-sized financial institutions. "In today's market," said...

Letters to the editor

  • Board Member Characterizations Not Familiar

    I just read Mike Welch's April 16th column entitled, "Recognize Any of These CU Board Members?" and was surprised at the way in which he categorized typical past or present board members. While I can't speak for previous boards at my CU (I've only been CEO for 2 years), I...

  • Another Possible Response to Banker Rhetoric

    I enjoyed Mike Welch's April 30th Publisher's column, "Time to Give Banker Rhetoric Pithy Responses." Along with his suggested responses to the bankers age-old anti-credit union rhetoric, we ought to include a tiny bit more commentary. Example: "You are wrong, the only for-profit corporate organizations which avoid paying taxes are...

  • Well-deserved Accolade for Melchionda

    I was so pleased to read Paul Gentile's article in the April 30th marking the 25-year milestone of EasCorp ("Melchionda Hit the road With Determination and Savvy to Sell CUs on the Corporate Concept"). Paul shared a story of one of our credit union leaders and highlighted the tenacity and...

Publisher's Column

  • All-Volunteer Alaska League Is Alive and Well

    The Alaska Credit Union League is alive and well despite what I wrote in this space a couple of years ago when its leadership decided to convert to an all-volunteer operation with no paid staff whatsoever. Here's some of what I said in that column: "The Alaska Credit Union League...

Publisher's Notebook

  • Newsworthiness Is Key

    Sending a Credit Union Times reporter or correspondent to one of the hundreds of credit union meetings and conferences held every year involves a big commitment of time and budget. Yet, the decision regarding which ones to cover entails a much more important consideration. It's not location either. The educational...

People

  • EAST

    Citadel Federal Credit Union, Thorndale, Penn., has named Gregory DiFonzo senior accountant. KSW Federal Credit Union, Waterville, Maine, President/CEO Anne Boulette has retired after 35 years of service to the credit union movement. Boulette began her career as a teller and wound up CU president. Boulette says she will miss...

  • SOUTHWEST

    Mobiloil Federal Credit Union, Beaumont, Texas, has elected the following officers to its board: Richard Hegele, chairman; Paul Wheelington, 1st vice chairman; Tony Lucenti, 2nd vice chairman; Floyd Price, secretary/treasurer; and Scott McCauley, supervisory committee chairman. In addition, the credit union has elected the following board directors: Ronnie Cessac, Giacomo...

  • IN MEMORIAM

    Michigan First Credit Union, Detroit, Mich., has announced the passing of longtime dedicated volunteer Louise Cabell-Smith. Cabell-Smith, a board member for more than 17 years, was a staunch credit union supporter. In addition to her devotion to the movement she was very involved in her community, volunteering for organizations such...

  • WEST

    Educational Employees Credit Union, Fresno, Calif., has promoted Julie Mattern to executive vice president branch operations/loan administration; Natalie Tomajan to vice president branch operations; Darlene Andris to credit manager; Joanne Lockhart to Clovis branch manager III; and Charlie Hyatt to Van Ness branch manager II. Columbia Credit Union, Vancouver, Wash.,...

  • MIDWEST

    Affinity Plus Federal Credit Union, St. Paul, Minn., has promoted Jed Meyer to director of lending. Heritage Credit Union, Madison, Wis., has elected the following officers to its board: Marvin Felton, chairman; William Kuter, vice chairman; James Jerving, secretary and Richard McGrath, treasurer. In addition, HCU has elected Daniel Ott...

News

Opinion

  • e-mail Marketing: What's in a Strategy Anyway?

    E-mail marketing is fast becoming an integral component in the overall delivery channel mix for credit union marketers. So what's all this buzz about, anyway? E-mail marketing is cheaper and faster .... but is it better? With the average consumer getting 110 junk e-mails per week (Source: Forrester Research 2003),...

Billlionaires Club

  • Young, Educated Membership Drives Technology Credit Union

    SAN JOSE, Calif. - Okay, so the dot.com slump has hit Silicon Valley and times are tough. At Technology Credit Union, total membership stagnated last year as the flow of new members from sponsoring companies shrank by half. Consumer loan volume dropped. The ratio of loans to deposits shriveled to...

In Other News

  • DONATIONS

    Truliant Federal Credit Union, Winston-Salem, N.C., call center representatives recently worked on building team spirit by donating their time to bring cheer to the elderly. Calling themselves " April's Angels" staffers visited with residents of Vienna Village Retirement Community for an afternoon of bingo complete with prizes from the credit...

  • SCHOLARSHIPS

    St. Anne's Credit Union, Fall River, Mass., has awarded $1,000 scholarships to 12 local high school students. The recipients were selected for their outstanding achievements both in school and in the community. Merck Sharp & Dohme Federal Credit Union, has presented its Raymond O. Hoffman Memorial Awards to five high...

Advertisement. Closing in 15 seconds.