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Taking a look at a couple of recent developments involving credit unions from the "no spin zone" perspective made popular by cable TV and radio news analyst and best selling author Bill O'Reilly could prove to be interesting. For example, when it was first reported that a credit union marketing...

GLASTONBURY, Conn. - Open Solutions Inc. says 18 of the 105 Liberty FiTECH core platform clients OSI took on in last July's acquisition have now committed to transitioning to OSI's core data processing suite, The Complete Credit Union Solution. "We are very pleased that so many of our clients from...

MADISON, Wis. - CUNA Mutual is offering its member credit unions the ability to research their claims history. The online access applies to such CUNA Mutual Protection policies as the Credit Union Bond, Special Insurance Package, Credit Union Package of Protection, Business Auto, and Workers' Compensation. The claims history and...

BROOKFIELD, Wis.-Fiserv has acquired Results International Systems, Inc., a provider of outsourced solutions for the property-and-casualty insurance industry. Fiserv said the acquisition will add $7 million in revenues to its bottomline. Fiserv, which has seven credit union data processing subsidiaries, continues to use acquisitions to grow its business, one of...

ARLINGTON, Va. - Mary Martha Fortney may be four months shy of her one-year anniversary as president/CEO of NASCUS, but expecting the next four months to mirror the last eight she can already conclude that "it's been everything I expected and more." Fortney was named the first female president of...

ARLINGTON, Va. - The ability to one day be able to issue American Express Cards through an agent program was said to have been a key reason two credit unions recently sold their credit card portfolios to issuing giant MBNA. The Delaware-based card bank is the only financial institution, so...

WASHINGTON- According to Watson Wyatt experts, now is the time to start reviewing human resources outsourcing contracts, otherwise employers risk leaving "money on the table". "Many of the first generation total benefits outsourcing contracts negotiated five to seven years ago are up for renewal. While most companies are likely to...

WASHINGTON - The community banks are concerned about the "regulatory burdens" the SEC's broker/dealer exemption proposal will bring forth, the Office of Thrift Supervision wants the inclusion of savings associations, and one bank group is still feeling left out. Both the Independent Community Bankers of America and the OTS wrote...