Credit Union Times | Accurate and Timely CU News

Lobbyists Work to Keep CU Interests Before Lawmakers as New Rules Percolate

By David Morrison

Increased regulation for the financial services industry appears to be one of the most likely outcomes of the current financial crisis, but credit union lobbyists are working to promote credit union interests in the new conversation.

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Frank Unveils Mortgage Rescue Bill That Would Provide $300 Billion

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CUs Topic of USA Today Column

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April 01, 2008

Akcelerant, Open Solutions in Marketing Pact

MALVERN, Pa. -- Akcelerant Software LLC will now be marketing its collection and recovery software to credit union and bank clients of Open Solutions Inc. (www.opensolutions.com).

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April 01, 2008

Akcelerant, Open Solutions in Marketing Pact

MALVERN, Pa. -- Akcelerant Software LLC will now be marketing its collection and recovery software to credit union and bank clients of Open Solutions Inc. (www.opensolutions.com).

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April 01, 2008

NCUA Objects to Possible Charter Blur in Treasury Report

ALEXANDRIA, Va -- It's no surprise that the NCUA would not favor a proposal from the U.S. Treaury that would eliminate a specific credit union charter and the agency itself, but the agency refrained from actually saying that and chose instead to couch its objections in terms of credit union...

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April 01, 2008

IBM Unit Lands Coastal FCU Mortgage Processing Deal

CHARLOTTE, N.C. -- IBM Lender Business Process Services, Inc., a subsidiary of IBM, has partnered with Coastal Federal Credit Union to provide mortgage origination and processing services.

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April 01, 2008