News

Credit unions again took the dubious honor of being the favorite target of phishers and pharmers attempting to gain access to member accounts through e-mails and Web sites.

The numbers are intriguing, said Jeff Frantz, senior vice president of Lending Solutions, Inc. here. LSI is a leading provider of around-the-clock consumer lending programs to credit unions (http://www.lendingsolutions.com/) and the numbers have given him an idea.

After ten months of discussions and review by KPMG, LLP, WesCorp recently reported that it has received approval from the auditing firm to release its 2006 audited financial statements.

For Members Health Network, LLC, a wholly-owned subsidiary of Members United Corporate Federal Credit Union, the New Year has gotten off to a great start with the signing of its first HealthBanker client--E Federal Credit Union.

Fox Communities Credit Union has signed on to use Securian Financial Group's debt cancellation products and open-end lending solutions.

Wolters Kluwer Financial Services is now offering a Health Savings Account management solution that financial institutions can offer their commercial and retail members and customers.