Credit Union Times Magazine October-27, 2010

Front Page News


News Briefs

  • Vantage Offers PFM Tool

    Vantage Credit Union has made it easier for members to manage their money with the launch of My$Manager, a new personal financial management tool.

  • CUNA Tech Council Re-Elects Chairs

    The top seats on the CUNA Technology Council will remain in the same hands for the next year.

  • Discount on Health Care

    AmeriChoice Federal Credit Union has unveiled a free discount program with an eye on helping consumers reduce their health care costs.

  • Jumbo CDs Take Lead

    Despite an overall decrease of $200 billion in certificate of deposit balances in the first half of this year, those that have $100,000 or more with terms over one year are growing.

  • CoinSmart Wins Trademark

    It's official. People's Trust Federal Credit Union has trademarked the term "CoinSmart" to describe its coinless system of banking at the Houston Center and Galleria branches.

  • More than 90 FIs Attend Akcelerant Confab

    More than 90 financial institutions were represented by the 200 attendees who attended Akcelerant's recent 2010 Customer Conference at the Penn State Great Valley Conference Center near its headquarters in Malvern, Pa.

Tech Bytes

  • Alaska CU Deploys New Software to Meet Internal Growth, External Demands

    Keith Bennett and his team knew something had to change when their security information event management appliance would time out before running a requested report.

  • P2P Offered By Small Colorado CU

    The ZashPay person-to-person payment solution has been put into play by a small Colorado credit union, which said it may be the first in the state to offer the service to its members.

  • Specialist Shows On-Demand Option

    Aithent Inc. has introduced an on-demand version of its monitoring and case management solution that the company claims can reduce the complexity of complying with the Bank Security Act and antimoney laundering rules while cutting the costs.

  • Michigan CU Goes First With CSCU Mobile Offering

    A Michigan credit union is the first to offer its members mobile banking through a partnership with Card Services for Credit Unions and MShift Inc.

  • Contest Gathers Enrollees

    An e-statement enrollment contest held by a Michigan-based core processing CUSO resulted in more than 9,000 new users at 60 participating credit unions.

  • Maine Banks, Security Vendor Plan Cybercrime Forum

    Equipping financial institutions to fight cybercrime will be the focus of a conference set for Nov. 4-5 at the Sheraton Portsmouth Harborside Hotel & Conference Center in Portsmouth, N.H.

  • Three CUs To Open Solutions

    Three more credit unions have committed to the DNA-sme core processing platform from Open Solutions.

  • Houston CU Launches Website

    Social networking joins financial education with transactional power behind it at the new website for Smart Financial Credit Union in Houston.

  • Phishing Attacks Spread Focus

    Social media sites and universities are increasingly being targeted by phishing attacks, but the cyber fraudsters haven't given up on banks or credit unions either, according to a new report.

  • Fiserv Wins Kern Schools Core Bid

    Fiserv Inc. said it will be converting Kern Schools Federal Credit Union to its XP2 core processing platform in February.

Editor-in-Chief's Column


  • Aging CU Directors Are An Asset-Not a Liability

    In recent months several notable credit union industry conference speakers have suggested that a credit union's board of directors should be as diverse as the membership-delivering a backhanded criticism of currently seated boards of directors.


Focus Report


  • People

    Patriot Federal Credit Union, Chambersburg, Pa., announced the hiring of Brad Warner as chief financial officer.


  • Donations

    Credit Union of Georgia, Woodstock, Ga., sponsored the Kennesaw State University National Collegiate Golf Championship at The Golf Club at Bradshaw Farm last month.

  • Scholarships

    Affinity Federal Credit Union, Basking Ridge, N.J., presented one high school senior, Omar Ali, with the Richard A. Romano Scholarship, and three high school seniors, Yohan Perera, Anneliese Janssen and Jasmine Haugh, with the Affinity Scholarship.

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