Credit Union Times Magazine March-10, 2010

Front Page News


News Briefs

  • SecureWorks Identifies

    A new piece of malware targeted at stealing the financial credentials of customers of large and mid-sized U.S. banks is now making the cyber-rounds, according to SecureWorks.

  • Private Equity Firm Completes PrimeVest Buy

    PrimeVest Financial Services Inc., a broker-dealer with credit union clients, is one of three firms that has been acquired by Lightyear Capital LLC, a private equity firm, from ING.

  • Minnesota League Adds to Vendor Network

    The Minnesota Credit Union Network's vendor involvement program recently added six new companies and renewed participation with 20 others.

  • Finegold Acquired by State National Cos.

    The assets of Finegold Insurance Agency, a firm that provides services to credit unions, were acquired by State National Companies, a collateral protection insurance firm.

  • Andrews FCU Hires Commercial Director

    The $848 million Andrews Federal Credit Union found its new director of commercial credit in the automotive industry.

  • N.C. League Is Moving

    After 73 years in Greensboro, its founding home city, the North Carolina Credit Union League is moving its headquarters to Raleigh next year to bolster its public advocacy.

  • Healthy CUs Merge

    The mergers last week of two medium-sized-and healthy-credit unions, one in Wisconsin and one in Colorado,

  • Chairman McCulley

    OMNI Community Credit Union is mourning the loss of longtime credit union activist and board chairman Bobby J. McCulley, who passed away at the age of 72.

Tech Bytes

  • Jack Henry Revives Alogent Name to Branch and Remote Deposit Products

    Jack Henry & Associates is reintroducing the Alogent brand to its ProfitStars division's line of branch and remote deposit solutions for large financial institutions, the company said.

  • Arizona State Online Opening

    Arizona State Credit Union said it is now the first statewide credit union in Arizona to offer online account opening.

  • Calif. CU First New Fiserv Core

    Christian Community Credit Union in San Dimas, Calif., has become the first U.S. credit union to commit to the Acumen core processing platform from Fiserv Inc.

  • Harland Cites Cavion Signings

    Harland Financial Solutions said it signed more than 120 new users of its Cavion Internet Banking services in 2009, the third consecutive year of 100-plus sales.

  • CUBUS Adds Notification

    CUBUS Solutions is now offering its CUNotify online notification applications to credit unions running on core systems from Open Solutions Inc.

  • CCG Catalyst Names Partner

    CCG Catalyst has named a former Fiserv Inc. executive as a partner of the Phoenix-based consultancy.

  • Fiserv Added 30 Credit Unions in 2009 as Core Processing Clients

    Thirty more credit unions became Fiserv core processing clients in 2009, along with 116 new credit union users of its credit and debit card solutions, the company said.

  • Going Paperless

    First Nebraska Educators & Employee Groups Credit Union is now using electronic document technology to save paper, money, time and the environment.

  • LSI Adds 15

    Lending Solutions Inc. said it has signed 15 more credit unions as users of its lending and member service contact center in the past quarter

Editor-in-Chief's Column

Letters to the editor




    Tobyhanna Army Depot Federal Credit Union, Scranton, Pa., announced the promotions of two employees.


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