When the tiny Saguache County Credit Union, plagued by losses for several years, was finally liquidated last spring, its 3,185 members faced not having another financial institution in the area to serve them.
This preview from our July 10 print edition looks at credit union industry preparations to offer members insurance under Obamacare.
Alabama tech provider EPL partners with Birmingham benefits administrator to offer health care insurance exchange.
EPL Inc. of Birmingham, Ala., and Financial Services Inc. of Glen Rock, N.J., said four New Jersey credit unions have now agreed to use EPL’s i-POWER core processing system through FSI.
EPL Inc. of Birmingham, Ala., said the 135 credit unions using its i-POWER core processing system will now be offered the instant issue and PIN selection card services of MagTek of Seal Beach, Calif.
Three more New Jersey credit unions commit to Alabama CUSO EPL Inc.'s core platform through partnership with Financial Services Inc. of Glen Rock, N.J.
The 135 credit unions using EPL Inc. as their core processor will now be offered the instant issue and PIN selection card services of MagTek.
Eleven credit unions in the past 16 months have been added to the client list of approximately 160 financial institutions served by Financial Services Inc. of Glen Rock, N.J., the company said.
New Jersey item processor adds 11 credit unions to client list, ranging from $5.8 million to $2.8 billion.
EPL Inc. said it has converted the $51 million Community Credit Union of Southern Humboldt in Garberville, Calif., to the Birmingham, Ala., company’s i-POWER core processing platform.