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GLASTONBURY, Conn. - Open Solutions Inc., a processor popular with large credit unions, has launched its latest version of its eCommerce Banker, which features Internet banking and cash management. The three most notable enhancements include Account Reconciliation, Dynamic Alerts, WirePost, and Quick Enroll. The first three are primarily for business...

WASHINGTON - Credit unions that have started offering separately managed accounts might be interested to know the investment vehicles are slowly gaining momentum. According to the Money Management Institute (MMI), separately managed accounts (SMAs) stood at $535 billion at the end of September, rising 17% from last year's third quarter....

Mike Welch is right on about Lake Michigan Credit Union's solid performance statistics (CU Times, Nov. 3). Their numbers are indeed impressive with a 2%-plus Return on Assets. Here is a credit union that could be giving back $100 per member every year and still maintain a 1% ROA. Doing...

WASHINGTON - Claiming the use of existing home sales "is a lagging indicator" because it reports on transactions that are closed the prior month, the National Association of Realtors is making plans to release a new measure of the housing market in 2005, one the association says reflects the current...

POINT ARENA, Calif. - It took not only a town but also the California Credit Union League and credit union leaders to help bring back financial services here. The city purchased an ATM and credit union staffers and locals literally worked side-by-side to helped build the facility. Residents haven't had...

PORTLAND, Ore. - The debate over the regulatory enforcement role on payday loans continues to roil Oregon credit unions this month with suggestions by some CEOs the NCUA ought to take a look at safety and soundness issues. Though there have been no formal requests made to NCUA so far,...

WASHINGTON-The high-resolution rate of robberies is not enough to keep criminals from trying it, a Nov. 7 article in the Alaska Journal of Commerce depicted. "It's stupid to rob a bank anywhere because the solution rate is so high," Tom McClenaghan, special agent in charge of the Federal Bureau of...

Point Loma Credit Union, San Diego, has named Peter S. Butler vice president of lending/collections. First Edition Community Credit Union, Phoenix, has appointed John I. Cassise president/CEO. Tucson Old Pueblo Credit Union, Ariz., has named Gary Lee Fischer vice president of sales/lending. California Coast Credit Union, San Diego, has named...