Some credit unions, in deciding not to reinvest in their corporates, have also decided to move one of the core functions that led to the creation of corporates in the first place–item processing.
The $879 million Northrop Grumman Federal Credit Union in Gardena, Calif., has joined the list of credit unions who’ve signed up recently to convert to the Acumen account processing platform from Fiserv Inc., the company and credit union said.
Fiserv Inc. continued its string of recent signings for its Acumen core platform, this time the $879 million Northrop Grumman FCU in Gardena, Calif.
State regulator disputes NCUA meeting account; SECU's Blaine lashes NCUA about "underpants on fire."
Judy Tharp at Piedmont Advantage CU says let the release authority expire in June and the issue can go away.
State league calls for state, federal regulators to meet and resolve issue.
Small credit union CEO says she was surprised by two-week visit and was told NCUSIF would pick up the tab.
State agency says NCUA sending examiners from across the country to examine Tarheel State credit unions.
Core processing systems have been the backbone of the credit union transactional system since the days before share draft accounts became simply known as checking. But with functionality broadening to include credit and debit cards, online fund transfers and now mobile and even person-to-person, is core processing simply a commodity, a...
The budget shortfalls harshly affecting a number of state governments over the past two years seem, for the most part, to have spared credit union regulation any sharp impairment.