News

SANTA ANA and HUNTINGTON BEACH, Calif. - Five years after jointly forming PrimeDirect Mortgage, Orange County's Credit Union and nuVision Financial FCU have made the strategic decision to dissolve the mortgage CUSO and move their respective mortgage lending operations in-house. Lynda Hill, senior vice president for OCCU said the intent...

Turn to pages 22-28 for the latest technology news affecting credit unions, including a look at Panini's success with credit unions with its imaging equipment.

The SBA has been under fire for how it handled loans after the terrorist attacks. Credit unions that were involved support the agency. Page 8.

CAMBRIDGE, Mass. - How to handle the increasing demands of meeting the bottom line while efficiently running the ship is a question IT shops and other business-decision makers have to navigate every day. A big factor in that is handling the vendors who provide the array of IT hardware and...

CAMBRIDGE, Mass. - The size of a credit union member's wallet has some relationship to how he or she uses the online channel, according to Forrester Researcher's sweeping Technographics study of American consumers. Certainly, access to broadband makes a difference (very few elderly people of lesser means use the speedy...

JACKSON, Miss. - As Magnolia FCU here discovered in the aftermath of Hurricane Katrina, a disaster recovery hot site isn't of much value when all transportation is shut down. The credit union found itself without power. To make matters worse, with all airports closed, there was no way to get...