Credit Union Times Magazine April-07, 2010

Front Page News


News Briefs

  • SBA Loans Get Another Recovery Reprieve

    The SBA's two largest loan programs recently received another extension that is estimated to support nearly $1.4 billion in small business lending under legislation signed by President Obama March 26.

  • Airline Group Takes Off

    The $2.5 billion Wings Financial Credit Union has been selected as the official credit union for the Regional Airline Association, a trade group representing 32 airlines and 280 associate members.

  • Minn.'Willing to Gamble' On MBL Cap Raise

    While some credit unions have experienced losses, it's still may be worth it for them to take a chance on what would happen if the 12.25% of assets member business lending cap was lifted.

  • CUNA Mutual, Teres Integrate Platforms

    CUNA Mutual Group and Teres Solutions Inc. said have integrated CUNA Mutual's online loan application system,, with the Teres Solutions SAIL lending automation platform.

Tech Bytes

  • Branch Capture Added to CO-OP Imaging Suite

    CO-OP Financial Services is now offering credit unions the ability to batch and electronically submit deposited checks for clearing at the branch level.

  • iPhones Locator

    iPhone-using members of Ent Federal Credit Union can now use their smart phone to find the $3 billion credit union's nearest service center or ATM, including shared branches and CO-OP Network ATMs around the country.

  • Bellco ATMs Scan Checks

    Bellco Credit Union said it now has check imaging in place at 50 of its ATMs, following a February conversion to payment processing from CO-OP Financial Services.

  • Nassau Educators FCU to Launch a Mobile Triple Play Service

    Members of the $1.4 billion Nassau Educators Federal Credit Union will be able to use any of the three channels of mobile banking delivery when the credit union launches its "triple play" service on April 5.

  • Debit Payments Near 960 Mil.

    The ACCEL/Exchange debit payments network recorded nearly 960 million transactions in 2009,

  • Mobile Grows

    Mobile banking continues to grow in popularity as cell phone adoption becomes nearly universal among American adults

Special Report

Editor-in-Chief's Column


Letters to the editor



    GFA Federal Credit Union Gardner, Mass., received the first place Dora Maxwell Social Responsibility Recognition Award and the second place Louise Herring Award for Philosophy in Action from the Massachusetts Credit Union League


    Minnesota Credit Union Network, Washington, announced that Mark D. Cummins, president/CEO

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