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SEC still out on CUSO broker/dealer license exemption, CFS prepares just-in-case strategies

By Staff Writer

SAN DIEGO - There's still no word from the Securities and Exchange Commission (SEC) on whether the agency will extend the broker-dealer license exemption for CUSOs. But with the ramifications on financial services CUSOs' business models being potentially far reaching, CUSO Financial Services has begun developing strategies to address the...

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SEC: Long-ranging effects of decision not necessarily bad

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Special Report: Data Processing & Technology

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August 06, 2002

Symitar partners with Pinnacle to offer NSF protection solution

SAN DIEGO - Symitar Systems is now offering its clients a software add-on to its core system that will allow credit union members to enjoy the same bounced-check protections that bank customers have long had. In fact, Joe Gillen had credit unions in mind when he created Houston-based Pinnacle Financial...

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August 06, 2002

Advancial FCU beefs up online services with inter-institution money transfers

DALLAS - Put money directly into the day care center's checking account. Transfer money from your credit union to your son's bank account near the college he's attending more than 1,000 miles away. Transactions like these are becoming more common as financial institutions and vendors work to tear down traditional...

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August 06, 2002

Forrester, Yodlee at sharp divergence on aggregation

COLUMBIA, S.C. - Catherine Graeber pulls no punches in her just-released Forrester Research piece on aggregation. "A year ago, aggregation was the hot topic. But muted consumer adoption and poor data has led some firms to discontinue their offerings," she writes in a brief paper titled "Aggregation: The Emperor Still...

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August 06, 2002

IT DEMAND: CU IT professionals not as hot as they were in dot-com days, but still very marketable

COLUMBIA, S.C. - While the American economic engine continues to lurch, IT managers in credit union land say their work force has stabilized and that the softened labor market has helped them find and keep good help. That's the take from a quick check Credit Union Times did with executives...

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August 06, 2002

Vermont State Employees CU features RTS technology

MONTPELIER, Vt. - Marking its first expansion move since being approved last March to branch into six counties, Vermont State Employees Credit Union said a debut facility that opened recently in Rutland includes those remote walk-up teller stations which have become popular lately at CUs across the country. At the...

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August 06, 2002

Member focus continues to drive functionality growth

COLUMBIA, S.C. - Sixteen percent of online consumers cited a credit union as their primary financial provider, up sharply from 9% in 2001, according to a recent survey by Forrester Research. "With superior service, higher deposit rates and lower fees, credit unions are gaining as the preferred financial provider among...

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July 30, 2002

Special Report: EFT: Credit/Debit/ATMs

Will the economic downturn hurt CU portfolio sales? Is there a new ATM fraud looming? Will debit cards become more popular than credit cards? For those answers and more turn to pages 18-20.

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Top News Stories

SEC still out on CUSO broker/dealer license exemption, CFS prepares just-in-case strategies

SEC: Long-ranging effects of decision not necessarily bad

Special Report: Data Processing & Technology

Recommended Just For You

News Stories

Symitar partners with Pinnacle to offer NSF protection solution

Advancial FCU beefs up online services with inter-institution money transfers

Forrester, Yodlee at sharp divergence on aggregation

IT DEMAND: CU IT professionals not as hot as they were in dot-com days, but still very marketable

Vermont State Employees CU features RTS technology

Member focus continues to drive functionality growth

Special Report: EFT: Credit/Debit/ATMs