DES MOINES, Iowa -- More credit unions should have access topayroll cards now that TMG has decided to roll out its payroll cardproduct industrywide.

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The payroll card product, called ATIRApay, is part of the cardprocessing CUSO's ATIRA line of prepaid cards and the CUSO has beentesting it since its soft launch in 2007, TMG said.

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During the test period more than 40,000 U.S. employees startedusing the cards, the CUSO reported. In that time, the CUSO testedthe product and enhanced its functionality.

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"It costs an average of $2 to $20 per employee to processtraditional payroll checks," said Jeff Falk, TMG director ofproduct development. "Employers looking to save that expense arefinding ATIRApay a great solution. Not only does this solutionprovide a cost savings for the employers, it provides employeesfaster access to their cash, eliminating the need for locatingcheck cashers. The card also provides a way to enhance the servicescredit unions provide to their members."

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[email protected]

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Andrews FCU Offers Webcast Edification

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SUITLAND, Md. -- Andrews Federal Credit Union is making it easyfor its members to become financially savvy.

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The credit union has launched a series of free financialWebcasts through its Online Education Center. Each is approximatelyfive minutes in length and highlights various financial topics likebudgeting, credit management, teaching kids about money and collegeplanning.

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The move is part of Andrews Federal's plan to make financialeducation resources accessible to more members.

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"We all lead busy lives. Although we do provide a variety ofin-person seminars, the Webcasts give members the flexibility togather the information they want on their time. It also provides amore personalized approach since the facilitator for each Webcastis an Andrews Federal staff member," said Andrews FCU MemberEducation Director Suzanne Curren.

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Considered an integral part of Andrews Federal's mission theeducational seminars offer practical information such as worksheetsand interactive guides for members.

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SIU CU Names President/CEO

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CARBONDALE, Ill. -- The board of directors at SIU Credit Unionhas appointed Dennis Schaefer president/CEO.

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Schaefer has an extensive credit union background. He has workedas the loan department manager at DeKalb County Teachers FederalCredit Union in Atlanta, was CEO of State Employee Credit Union inNew Orleans and served as vice president and chief lending officerat First Community Credit Union in Houston.

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Schaefer has also earned multiple certificates, including CUNAmortgage school, CUNA business lending, Credit Union ExecutiveSociety business lending, AIB consumer lending, Rex Johnson lendingand Brett Christiansen subprime lending.

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Schaefer graduated from Southern Illinois University inCarbondale in 1977 and currently lives in West Frankfort.

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[email protected]

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