News

ATLANTA - Auto Auction Services Corp. (AASC) has launched LiveRepos.com, a service aimed at the credit union market. According to AASC, the Internet-based repossession management system automates resource-intensive processes while providing credit unions with inventory visibility and agent accountability. The net results are lower repossession expenses and reduced days to...

WASHINGTON, D.C. - Credit union land is a bright spot in the American economy, at least according to the activity on Callahan & Associates' online job center. Jobs posted on the center at www.creditunions.com jumped 54% in the first four months of 2003 and have continued climbing steadily, with 218...

ALBANY, N.Y. - Though Check 21 isn't a done deal just yet and its effects won't fully be realized for a few years, the $4.7 billion Empire Corporate isn't wasting any time laying the groundwork to take advantage of it. In a major deal, Empire has formed an agreement with...

EWING, N.J. - Credit Union of New Jersey (CUNJ) is catapulting its sales and service culture into the 21st Century with the implementation of ResourceOne, an electronic Customer Relationship Management (CRM) solution provided by CoreTrac, Inc., Austin, Texas. The browser-based application, scheduled to be fully implemented by the end of...

BOSTON - Even non-techie folks in credit union land might as well go ahead and learn to bandy about the acronym "STP" like they know what it means, because they probably soon will. STP stands for "straight-through processing", and industry groups are now working on standards for the end-to-end handling...

DUBLIN, Ireland - The new Registrar of Credit Unions in Ireland, Brendan F. Logue, expects to have a positive relationship with the credit unions he oversees. Logue firmly believes principles should drive regulators, as much as rules do. One of his basic principles is to be accessible to credit unions,...