News

BISMARCK, N.D. - Highmark FCU recently completed a $2.97 million transaction through Midwest Corporate FCU's CARPooL program. The CARPooL program is a Charlie Mac product that corporates offer their member credit unions. The $2.97 million transaction allows Highmark FCU to clear its balance sheet and offer new loans. "A strategic...

COLUMBUS, Ohio - Corporate One has successfully transmitted and accepted its first set of check images to and from the Endpoint Exchange Network. The exchange was part of a test of Corporate One's new electronic deposit automation solution. Corporate One partnered with Endpoint Exchange as part of its efforts to...

ARVADA, Colo. - The Association of Corporate Credit Unions' Executive Committee held its strategic planning meeting in Colorado last week and among other things, dues were on the agenda. SunCorp President/CEO Eric Kenealy is currently ACCU's chairman so he is hosting this event so to speak at SunCorp's headquarters, said...

WOBURN, Mass. - EasCorp has formed a new CUSO that might sound like its name is derived from a tax form, but for the credit union faithful it's an historical name. The new CUSO is dubbed 1909 Financial Advisors, LLC. The name honors the year the first credit union law...

LENEXA, Kan. - July 21 was an historic moment for Charlie Mac. It completed its first loan securitization made up of credit union loans, a long standing goal for the secondary market player. This particular security was worth $160 million and consisted of 30-year credit union loans from six credit...

The who's who of the corporate network Credit Union Times last ran this feature in its April 10, 2002 issue, but a year in the corporate network is almost like a dog year because so many changes happen in a short period of time. Since 2002 there have been a...