Credit Union Times | Accurate and Timely CU News

In Lending, `Don't Try Being Good at Everything'

By Staff Writer

SALT LAKE CITY - With credit unions witnessing a downward slide in their auto loan portfolios, a group of Utah executives heard some do's and don'ts about ways to reverse the trend including "stop trying to be good at everything and focus on something you do well." That advice came...

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Jackson Clarifies that Community Banks are Equally Important to Communities as Credit Unions

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Simpson Gets Emotional: Utah Job `Like Drinking from a Hose'

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March 22, 2005

Equifax Completes Appro Acquisition

ATLANTA - Equifax has officially completed its acquisition of APPRO Systems, Inc., a well-known vendor in credit union land for its online lending and decisioning products. Baton Rouge-based APPRO has approximately 150 financial institution clients, mainly made up of CUs and community banks. Its flagship products is its APPRO's LoanCenter...

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March 22, 2005

Fidelity Information Services Grabs Another Billion Dollar Client

JACKSONVILLE, Fla. - 2005 is off to an auspicious start for Fidelity Information Services. FIS is the financial institution technology division of Fidelity National Financial, Inc., a Fortune 500 firm that is best known for its real estate solutions. Fidelity acquired its way into the CU core processing space when...

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March 22, 2005

New Multi-County FOM Bids Still Pending, Says Love

SALT LAKE CITY - A federal judge's ruling last December rejecting six-county expansion bids by a group of Utah credit unions has certainly given pause to NCUA policies on multi-county approvals, but new field of membership applications are in the pipeline now, Region 5 Director Melinda Love told CU executives...

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March 22, 2005

E-Statement Savings Depend on Adoption Rates; Credit Unions Must Market the Offering

COLUMBIA, S.C. - According to a new Forrester Research report, the percentage of online consumers who get at least one e-statement has more than tripled in about 18 months or so. So that should amount to big savings for those financial institutions that no longer have to send costly paper...

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March 22, 2005

Online Banking Becoming a More Common Part of Americans' Financial Lives

ARLINGTON, Va. -Online banking continues a steady trend upward for Americans using the Internet. According to the most recent survey (taken November 2004 and released last month) conducted by the Pew Internet & American Life Project, some 53 million individuals, representing 44% of Internet users and one-quarter of all adults...

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March 22, 2005

Voice, Video, Data `Take Trip Together' at Publix Employees FCU; Cisco the Backbone

LAKELAND, Fla. - Publix Employees Federal Credit Union is in the process of rolling out a series of high-tech solutions aimed at both improving member service and hardening network reliability while increasing internal efficiencies. At the heart of the effort are a phalanx of products from Cisco Systems, the major...

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March 22, 2005

Love: NCUA Seeks Strike Even Course on Conversions

SALT LAKE CITY - Mutual bank conversions may be unnerving to a majority of credit unions with "greed" a motivating force behind some mutual savings bank conversions and yet the NCUA remains even handed in reviewing conversion bids, according to Region 5 Director Melinda Love. In remarks to the annual...

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Top News Stories

In Lending, `Don't Try Being Good at Everything'

Jackson Clarifies that Community Banks are Equally Important to Communities as Credit Unions

Simpson Gets Emotional: Utah Job `Like Drinking from a Hose'

Recommended Just For You

News Stories

Equifax Completes Appro Acquisition

Fidelity Information Services Grabs Another Billion Dollar Client

New Multi-County FOM Bids Still Pending, Says Love

E-Statement Savings Depend on Adoption Rates; Credit Unions Must Market the Offering

Online Banking Becoming a More Common Part of Americans' Financial Lives

Voice, Video, Data `Take Trip Together' at Publix Employees FCU; Cisco the Backbone

Love: NCUA Seeks Strike Even Course on Conversions