The Maine Credit Union League's Synergent operation plans all nighter; Motion and McGraw-Hill credit unions close doors.
In first half of 2012, the combined assets at Maine’s credit unions grew by $200 million to $5.87 billion, an increase of 4.1%.
The $128 million One Credit Union in Springfield, Vt., is converting to the Symitar Episys core processing system through the Synergent service bureau.
Members of the Maine Credit Union League took less than 72 hours to raise $30,000 for a statewide home heating program.
Synergent returns $750,000 rebate to its CU users.
After weeks of stock market drops that sent waves of fear around the world, it appears some of those losses have been replaced with gains.
A technology service subsidiary of the Maine Credit Union League said it has expanded its relationship with the credit union core processing arm of Jack Henry & Associates.
Maine Credit Union League subsidiary seeks to expand service bureau coverage and help core processor offer in-house option.
A group of Maine credit unions led by the Maine Credit Union League has come to the aid of homeowners and businesses in three Mid-Coast counties by providing zero interest, no fee loans following the failure of a Brunswick energy firm.
Five Maine credit unions led by the Maine Credit Union League have now pledged $200,000 in no fee/no interest loans to assist some 400 homeowners and businesses impacted by the collapse of a Brunswick oil and gas supplier, it was announced Wednesday.