Credit Union Times Magazine February 9, 2011

Front Page News

News

News Briefs

  • Little Green Visitors Invade Napa

    Redwood Credit Union of Napa, Calif., is committed to helping people learn how to better manage their money, and it has taken to the streets to get the message out.

  • CUSO Extends to Caribbean

    Through an alliance with United Nations Federal Credit Union, members of the Cooperativa San Jos? Credit Union in the Dominican Republic will have access to investment services.

  • AEA EVP to Retire

    Effective Feb. 18, longtime Executive Vice President Denise Sweet-McGregor will retire after 35 years.

  • Account Opening at First Nebraska

    CU Service Network LLC of Lakewood, Colo., said it is now in the process of helping the $83 million First Nebraska Educators Credit Union in Omaha launch online account opening.

  • RCU CEO to Retire

    Royal Credit Union President/CEO Charlie Grossklaus has announced plans to retire from the Eau Claire, Wis.-based credit union effective Jan. 2, 2012.

  • CUNA Sees 'Targeted' Role for Government

    CUNA has informed the Treasury Department that credit unions believe the federal government has a "very important but targeted" role in the secondary mortgage market going forward.

  • Filene, NJCUL Partner

    Debt in Focus is headed to New Jersey.

  • NCUA Rules on Services

    If a federal credit union offers services such as lines of credit, share-draft processing, check collection, ACH origination and receipts to its members, it can also provide them to other credit unions.

  • Del-One Names CEO

    There is a new leader at Del-One.

  • Dow La. Teams Up

    Dow Louisiana Federal Credit Union has teamed up with longtime member and two-time Super Bowl champion Randall Gay, cornerback for the New Orleans Saints, to kick off its "Go Further" campaign.

  • Insurance Solutions

    Mountain America Credit Union members now have access to long-term care insurance.

Tech Bytes

  • Texas CU Takes Project Management Into the Cloud

    The marketing department at Firstmark Credit Union has turned to the cloud to, among other things, solve that age-old conundrum of what to do when Macs and PCs won't play nice.

  • Numerica Launches Mobile Banking

    Mobile banking for smartphones and other Web-enabled devices is now being offered by the $1 billion Numerica Credit Union in Spokane, Wash.

  • MasterCard Extends ATM Finder

    The fast-growing pack of Android users can now use a MasterCard app for finding ATMs.

  • 'Try Before You Buy'

    A Texas online banking and personal financial management vendor is looking for new business by offering credit unions the opportunity to "try before you buy."

  • Fiserv Partners on Mobile Apps

    Fiserv Inc. has found a partner to help its financial services clients provide applications and widgets to consumers across a wide variety of touch points, including smartphones, tablets, social network sites and computers.

  • Growth at WRG

    Twenty-six new credit union clients were added at Wescom Resources Group in 2010 as the CUSO said it recorded its best year since its 2002 creation.

  • 40 New Portal Clients

    Forty more credit unions and banks contracted for portal solutions from Passageways LLC in 2010, the company said, including customers in the United States, Canada, Barbados and even one in Moscow, Russia.

  • New CU*Answers Backup Center

    A new backup center will soon be providing high availability and disaster recovery services for most of the client base of CU*Answers, the Michigan-based core processing operation said.

  • Xtend Issues First Dividend

    For the first time in its history, multisolution provider CUSO Xtend Inc. said it recently declared a stock dividend return to its 52 owners.

  • Risk Council Website

    The Credit Union Risk Council has launched a new website aimed at helping credit unions better arm themselves against card fraud, including the first secured channel of communications with law enforcement of its kind, the group said.

  • Generations Goes Live With Online Banking

    Jwaala Inc. said its newest client-the $391 million Generations Community Federal Credit Union in San Antonio-has gone live on its BOB (Better Online Banking) platform just 30 days after signing up for the service.

  • Compliance Tools

    A new compliance and risk management solution Wolters Kluwer Financial Services is making its credit union debut at the $3.5 billion Kinecta Federal Credit Union of Manhattan Beach, Calif., the company said.

  • Opening Compliance

    BancVue is now guaranteeing that its online account opening solution meets regulatory compliance, through a new partnership with Wolters Kluwer Financial Services.

  • Vendor Management

    The growing demands of keeping up with outsourced services are helping to grow business at Passageways LLC, the company said.

  • PSCU, Fiserv Extend Contract

    A contract for PSCU Financial Services to use Fiserv Inc.'s CheckFree RXP bill pay service for the CUSO's PayLynx online bill pay platform has been extended by three years.

  • S1 Corp. Rebrands

    S1 Corp. has renamed the information security business it bought last March to S1 Defense.

Editor-in-Chief's Column

  • Lead, Follow or Get Out of the Way

    The credit union industry has many leaders: Credit unions that excel at their business, credit unions that assist other credit unions, and volunteers who spend their free time sifting through inches-thick board packets.

Columns

Letters to the editor

  • Interchange Rules May Be a Gift

    After reading repeated articles about credit union and trade association opposition to the proposed debit card interchange changes, I have found myself repeatedly coming back to the same question. Why?

Opinion

People

  • People

    Greylock Federal Credit Union, Pittsfield, Mass., announced the appointment of two new executives to its risk management team.

Other

  • Be a Talent Master

    As if CEOs and other senior executives didn't have enough on their plates.

  • Dividends

    AMOCO Federal Credit Union, Texas City, Texas, paid out approximately $1 million in bonus dividends and loan interest refunds to its membership.

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