News

SACRAMENTO, Calif. -- The California League's Government Relations Rally kicks off today with a noon luncheon featuring a Q&A session with state regulators. CNN journalist David S. Broder will keynote this afternoon's opening session.

SACRAMENTO, Calif. -- William Haraf, Ph.D, named commissioner of the California Department of Financial Institutions last month by Governor Arnold Schwarzenegger, takes office today.

AUSTIN, Texas -- The Credit Union Information Security Professionals Assn. (www.cuispa.org) said more than 80 people tuned into its recent Webcast held to introduce a new vendor management program.

MONETT, Mo. -- A total of 720 financial institutions have committed to the remote deposit capture solution from Jack Henry & Associates Inc., the company said.

MINNEAPOLIS -- Elan Financial Services, a subsidiary of U.S. Bank, has announced the purchase of three more credit union card portfolios and the launch of another. The buys bring the card issuer $40 million in additional balances, the firm said.

BOULDER, Colo. -- Elevations Credit Union, which lost its president/CEO, William Sterner Monday following a heart attack, said Friday it has named Evelyn Polando, chief operating officer, as interim CEO while a search is underway for a permanent successor.