News

The $3.6 billion Patelco CU in San Francisco will convert from its existing Fiserv Spectrum solution to the company's new Acumen platform, citing its Internet-based architecture, scalability and redundancy for its decision.

It's been nearly eight months now since plans for the nation's biggest credit union merger, the $4.6 billion consolidation of First Tech CU and Addison Avenue FCU, was unveiled--and there is still no word on any regulatory approval.

Money Magazine recently ranked North Carolina's 529 Plan, which is offered by the State Employees' Credit Union, one of the country's top three state college savings plans.

Fifth Third Processing Solutions, a subsidiary of Fifth Third Bancorp and the new owner of TNB Card Solutions, has expanded its prepaid card processing capability.

Jennifer Simmons, chief membership officer of the Maryland & DC Credit Union Association, has been named the group's acting president/CEO effective on Monday, the association announced today.

Credit unions wanting updated census tract and other data for use in home mortgage disclosures can take advantage of new demographic data compiled by RATA Associates.