The theme of the news this week has been underdogs winning their battles by scrapping it out for what’s right. From credit unions to regulators, these unexpected victors deserve to bask in their spoils of the moment.
Three more credit unions are now running on the Symitar Episys core processing platform through Member Driven Technologies’ data centers in Warren and Southfield, Mich.
CU*Answers said it has finished converting the $43 million, 5,800-member Greensboro Municipal Federal Credit Union to its CU*BASE core processing system.
Eight more credit unions and the $115 billion Regions Bank in Birmingham, Ala., have signed on as users of the Geezeo personal financial management and Web-based marketing solution, the company said.
Remote deposit capture is now being offered to the 109,000 members of the $1.4 billion Anheuser‐Busch Employees’ Credit Union and American Eagle Credit Union in St. Louis.
Symitar said it will be converting the $886 million Andrews Federal Credit Union in Suitland, Md., to its core processing platform.
Personal financial management specialist MoneyDesktop has bought a fellow Provo, Utah, company, mobile PFM specialist MoneyReef, the companies said.
Share One said the $71 million Northern Communities Credit Union of Duluth, Minn., plans to convert to its NewSolutions core processing system in October.
Fifteen members of Technology Credit Union rallied Aug. 15 outside the credit union’s San Jose, Calif., headquarters to show their opposition to the credit union’s proposal to change to a mutual bank charter.
Pop quiz: Which statement is true? Mobile banking is becoming more secure. When it comes to mobile security, the crooks are gaining.