ALBANY, N.Y. - The nearly 300 members of First Baptist Federal Credit Union in East Elmhurst, N.Y., now may be able to do what millions of other credit union members around the country already do: use an ATM card from their credit union and enjoy the benefits of direct deposit....

KINGSPORT, Tenn. - Eastman Credit Union was having growing pains when it came to the bookkeeping and reporting side of the business at Tennessee's largest credit union. The $1.3 billion credit union has 10 branches serving members in Tennessee, Virginia, Arkansas, South Carolina and Texas and needed to expand the...

OCALA, Fla. - Credit unions now are being offered their own branded version of a free, Web-based mortgage loan origination system (LOS) intended to match those deployed by much larger financial institutions. Called CreditUnions- Online (www.homelend ings.com/cuo), the service already is being used by six credit unions and 650 small...

COLUMBIA, S.C. - Flexibility and scalability of a credit union's IT system become a couple key concepts when a credit union changes its charter from a SEG base to community-based, now nearly a daily occurrence in credit union land. That's because growth and the challenges that come with it tend...

SEATTLE -The use of automated clearing house (ACH) payments increased 12% in 2003 as the use of electronic channels continues to diversify and expand, according to NACHA - The Electronic Payments Association. NACHA said that 10 billion ACH payments valued at $27.4 trillion were processed in 2003. Of that, $2.8...

WASHINGTON - Most credit union members who use online services do business with other financial institutions, but many are willing to switch if it's easy. That's according to the 15,750 respondents in the latest Callahan's Survey Consortium. The survey, taken online in February by members of the 15 credit unions...

FRAMINGHAM, Mass. - Smaller financial institutions such as credit unions are the natural next targets for credit card fraudsters thwarted by the new technologies deployed by the big issuers. And regardless of the size, turning back the invaders, repairing damage and anticipating further attacks should be "at least a top-five...

MADISON, Wis. - Technology whizzes looking for a new niche might want to consider a key finding in the "Credit Union E-Metrics Study - 2003." The report, the culmination of a six-month study by the University of Wisconsin E-Business Consortium, found a shortage of available software tools credit unions can...