HERNDON, Va. - Navy FCU is the latest credit union to join NACHA's Project ACTION initiative. Project ACTION (www.project-action.org) is attempting to use the established ACH network to make e-commerce transactions more secure. The group wants to have a system where the consumer selects their financial provider to "push" a...
SACRAMENTO, Calif. - Hoping to meet its goal of raising $1 million in political action funds through the 2002 election campaign, the California Credit Union League has sent a first-ever direct mail solicitation to suppliers urging them to ante up. "You and/or your company's contributions represent an opportunity to take...
TAMPA, Fla. - Don Charron, senior vice president responsible for mortgage and consumer lending for Suncoast Schools FCU has only one way to describe the $2.6 billion CU's mortgage operation post- vs. pre- implemention of Fiserv's easyLENDERT loan origination software - "It's like night and day," says Charron. After working...
Readers who haven't checked out the Credit Union Times Web site lately, are in for a pleasant surprise. cutimes.com (re-named "daily independent report on credit unions") has been completely revamped from log-on to log-off. Not only is our Web site now easier to read (large, clean typefaces and modern design)...
Card Services for Credit Unions, a card processing association, has appointed the following officers to its board: John Fiore, chairman; Robert Hunt, vice chairman; Ray E. Cromer, secretary; Patrick McGrady, treasurer; Robert Bream, director; Dennis Huber, director; Janet Meyers, director; Fran Muto, director; and Konnie Werner director. Autoland, an auto-buying...
Subprime lending has provided many consumers with blemished credit histories with the key that opens the door to home ownership. But has this practice also inadvertently fostered the rise of a group of homeowners who are dissatisfied and mistrustful of the mortgage process? Read about this and other mortgage-related news...
MEDIA, Pa. - The hand vote is in, and based on interviews Credit Union Times has done with CUSO and trade association sources, the consensus is that the NCUA Board's unanimous decision at its July 26 meeting to expand federal credit unions' incidental powers and allow CUSOs broader powers go...
ENGLEWOOD, Colo. - Centrix Financial here has released an enhanced version of its Credit Ready Program, a product Centrix is actively marketing to the CU market. The Credit Ready Program is Centrix's tool for delivering its Portfolio Management Program directly to CU members with impaired credit, whether the application came...
ALEXANDRIA, Va.-In line with Acting NCUA Chairman Dennis Dollar's more cost efficient version of the agency, the NCUA Board voted unanimously to approve a resource conserving flexible examination program in conjunction with a quarterly call report process. According to the agency and the credit union trade groups, the savings to...
MADISON, Wis. - The newly-formed CUNA Network Services has formed a deal to offer credit unions a suite of security solutions. CNS partnered with Internet Security Systems and Concentric Security to offer the suite, which will include assessment, identification, remediation, maintenance, monitoring and support of CUs' electronic security systems. Security...