News

After serving as pilots for Processing Alliance's CU*Check 21 electronic deposit automation solution, three Michigan CUs--Frankenmuth Credit Union, Kent County Credit Union and Alpena Community Credit Union--are now scanning, transmitting and retrieving live check images online.

The Independent Community Bankers of America announced the nominees for its 2007-2008 executive committee.

Financial Service Centers Cooperative, the nationwide shared branching network headquartered on the West Coast, has added 46 shared branching locations so far in 2007, the network has said.

TNB Card Services, the card portfolio purchasing and servicing affiliate of credit union-owned Town North Bank will be one of the beneficiary's of an additional $60 million that the bank's 36 CU owners have invested in the institution.

Twenty-two credit unions that service their card portfolios with TNB Card Services, the card processing arm of credit union-owned Town North Bank, saw their card balances increase more than $2.2 million, collectively, by participating in a TNB Card balance transfer promotion. Among the 22 participating, the $580 million EECU, headquartered...

Ongoing Operations, LLC, and the Neverfail Group have teamed up to ensure that credit unions remain continuously connected to working applications after a hardware, software, network or operating system shutdown.