Credit Union Management

Whether Nov. 5 will go down as a day everyone will remember remains to be seen.

Stanford Federal Credit Union is replacing its 12-year-old core processing system from Open Solutions Inc. with the companys flagship DNA solution, the company and credit union said.

A new e-statement module is saving the $116 million North Shore Federal Credit Union in Grand Marais, Minn., about $900 a month, said the credit unions online banking vendor, AgilityFour of Dandridge, Tenn.

Credit Union Times recently published my letter [Oct. 12, page 30] where I argued that interfering with any credit unions internal governance is an ugly business and is not proper behavior for a trade association.

The 39,000 members of the $298 million GCS Federal Credit Union in Granite City, Ill., will be offered the online personal financial management tools from Geezeo, the company and credit union said.

A lawsuit filed more than three years ago arising from a dispute over a credit union to bank charter change attempt is still dragging on through the Texas courts and promising depositions of many involved in the charter change business.