Credit Union Times Magazine January-20, 2010

Front Page News

Focus Report

News

News Briefs

  • Calif. CU Wins Award

    The Hispanic Chamber of Commerce of Marin has presented Redwood Credit Union its outstanding business diversity award.

  • Web Site Aimed at Hispanics

    CUNA and Coopera Consulting, a subsidiary of the Iowa Credit Union League, have joined forces to help credit unions reach out and better connect with first- and second-generation Hispanic Americans.

  • N.C. CU Aids Museum

    State Employees' Credit Union is showing its support to the North Carolina Museum of Natural Sciences.

  • Let the Sun Shine In

    Vons Credit Union is looking to lead the green movement in El Monte, Calif., by example.

  • SELCO Opens First Walmart Branch

    The $841 million SELCO Community Credit Union of Eugene, Ore. expects to be an Oregon trendsetter by opening its first full-service Walmart branch.

  • NAFCU: Long Struggle Ahead for Auto Industry

    The latest NAFCU Macro Data Flash Report on vehicle sales showed that while sales continued on an upward trend through the end of 2009 the auto industry still faces a long battle to return to prerecession numbers.

  • MBS Underwrites $1 Billion in Loans

    Member Business Solutions LLC recently marked a milestone as it passed the $1 billion mark in underwritten loans.

  • Michigan CUSO Issues $700,000 Dividend

    The credit union owners of core data processing CUSO CU*Answers will receive their share of a $700,000 dividend.

  • CUNA Awards CUs

    CUNA has narrowed the field and selected its national 2009 Dora Maxwell Social Responsibility and Louise Herring Philosophy in Action award winners.

  • Kamm Replaces Burns At Technology CU

    Technology Credit Union has found a new leader to usher in the new year.

  • New CEO at NW Preferred

    NW Preferred Federal Credit Union has found its new leader within its walls.

  • Kinecta Taps Lumm

    Longtime credit union industry veteran Steve Lumm has been tapped to serve as interim president/CEO of Kinecta Federal Credit Union.

  • Haiti Earthquake Spares

    Greta Greathouse, chief of party for World Council of Credit Unions' Haitian HIFIVE microfinance program, reported to WOCCU headquarters via e-mail that staff members are uninjured and accounted for.

Marketing

Tech Bytes

  • California Credit Union Goes Mobile With New Fiserv Offering

    Merced School Employees Federal Credit Union in California is now offering Fiserv Inc.'s new mobile solution to its 36,000 members.

  • Affinity FCU Readying RDC Launch

    Remote-deposit capture will soon be offered to the entire membership of the $2 billion Affinity Federal Credit Union, Basking Ridge, N.J., the credit union said.

  • CU*Answers to End Deposit Encoding

    In another sign of the Check 21 times, CU*Answers said it is going to stop offering direct deposit encoding processing to its clients, effective April 30.

  • Wisconsin CUs Go With VSoft Tools

    Two Wisconsin credit unions have implemented remote check image processing from VSoft Corp., the Atlanta company said.

  • Virtual Users Meet Held by uMonitor

    uMonitor said about half its client base attended its recent two-day users conference, presented virtually.

  • Share One Endorses Verafin Solution

    Share One said it now is recommending the antifraud and anti-money laundering solutions of Verafin to the Memphis, Tenn.-based core processing CUSO's client list of about 65 credit unions.

  • Service Credit Union Names CIO

    A credit union technology veteran has been named the new chief information officer at $1.3 billion Service Credit Union in Portsmouth, N.H.

  • SecureWorks Buys Security Firm

    SecureWorks is the new owner of a 10-year-old managed security services and consulting operation based in the United Kingdom, the Atlanta-based company said.

Editor-in-Chief's Column

Opinion

Quotes Worth Quoting

  • QUOTES WORTH QUOTING

    "The president has talked on a number of occasions about ensuring that the money that tax payers put up to rescue our financial system is paid back in full."

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