News

FRAMINGHAM, Mass. - As smaller financial institutions, credit unions often find themselves following the leaders when it comes to adopting the new ways of doing business. So, despite the hype, there may not be that much of a rush to begin trading check images when Check 21 takes effect on...

HARRISBURG, Pa. - About two and a half years ago Pennsylvania State Employees CU sent potential fraud shockwaves through the industry when it announced that it was going to allow members to enter in deposits online via home banking before the credit union even had the check. The concept was...

CAMBRIDGE, Mass. - The adoption of data warehousing technologies is growing sharply, according to Forrester Research. The think firm's quarterly data warehousing survey found that more than two-thirds of the 170 participants in a major industry conference plan to increase spending on the technology at their organizations. Driving the spending...

CAMBRIDGE, Mass. - Credit union managers who find themselves buying PCs and other major tech gear as the year wears on are hardly alone. A survey of 1,400 technology decision makers at North American and European enterprises found 80% plan to buy PCs and 72% will be buying servers in...

MONTEREY PARK, Calif. - F&A Federal Credit Union doesn't normally like to go out on the "bleeding edge" of new technologies, but it decided that making the most of what its chief operating officer calls "our most under-utilized marketing channel" was worth it. That channel is Internet banking. The product...

VALLEY FORGE, Pa. - For those who haven't been to Hawaii or know the culture, the word "ohana" may not mean much, but to those at USERS it's everything for doing business in Hawaii. Ohana means family in Hawaiian and USERS has learned it has to treat its Hawaiian CU...

HARRISBURG, Pa. - It's no revelation that some CUSOs out there rely a lot on their credit union owner or owners for personnel, resources and in many cases business. The $2.2 Pennsylvania State Employees Credit Union wanted the leaders of its tech CUSO, eCU Technologies, to know right off the...

SHERRILL, N.Y. - Ask Mike Murrock why his credit union chose to deploy a leading-edge enterprise threat mitigation appliance, and he has a simple answer. "In a word, the NCUA," says the vice president of operations at $72 million ACCESS Federal Credit Union in upstate New York's Oneida County. "They...