• LSI pledges support to disaster relief fund

    LATHAM, N.Y. - The New York State CU League's sponsored University of Lending recently concluded with a welcome surprise from the University's dean. Rex Johnson, the University's lead professor announced that for every person attending the University's three Chicago-area sessions in October, November and December, Lending Solutions , parent company...

  • All in a day's work: In times of need CU foundations are there to help

    MADISON, Wis. - Some consider them the epitome of credit unions' `people helping people' philosophy. Credit union foundations have been responsible over the years for donating thousands of dollars towards domestic and international charitable, grantmaking and educational initiatives. Now in the wake of September 11's terrorist attacks, credit union foundations...

  • Maine Savings FCU: Barco FCU's new name not hiding that it's a CU, but not advertising it either

    HAMPDEN, Maine - John Reed, president/CEO of Maine Savings FCU, formerly Barco FCU, said he wants instant recognition among consumers that Maine Savings is a financial institution, whether they put together the fact that it's a credit union isn't that important. On Sept. 24 the credit union officially changed its...

  • Allied Solutions acquires Program Marketing, Inc.

    CARMEL, Ind. and DALLAS - Allied Solutions, LLC, a provider of financial products to credit unions, has acquired San Francisco-based Program Marketing, Inc. Focused primarily on almost 100 credit union clients in Northern California, Oregon, Washington and Nevada, Program Marketing has been in business for more than 22 years. As...

  • re:Member Data and IA Systems develop interface

    INDIANAPOLIS - IA Systems and re:Member Data Services, Inc. have partnered to create an XML interface for re:Member Data's cuStar core data processing software to IA Systems' StreamLend loan origination product. It is currently in beta testing at Warrick Federal Credit Union in Newburgh, Indiana. StreamLend is a paperless loan...

  • SCHOLARSHIPS

    US Airways Federal Credit Union, Moon Township, Pa., has awarded four students with the 2001 Ralph B. Canterbury Scholarship. Applicants were judged based on a number of criteria including academic performance; community activities/involvement; a statement of personal goals and an essay on "What is a credit union anyway?" This year's...

  • NCUA responds to Boeing Employees' petition for OTR rulemaking

    TUKWILA, Wash. - Gary Oakland, president/CEO, Boeing Employees' Credit Union confirmed he received a letter from NCUA's Becky Baker acknowledging the agency's receipt of BECU's petition filed with NCUA for overhead transfer rate rulemaking. According to Oakland, NCUA's letter dated September 27, said the agency was studying Boeing's request and...

  • Oklahoma's Federal Employees CU offers NY CUs help in dealing with terrorism

    OKLAHOMA CITY - It's been seven years since Timothy McVeigh and Terry Nichols masterminded the bombing of the Alfred P. Murrah Federal Building that resulted in the deaths of 168 people, including 18 employees of Federal Employees Credit Union McVeigh has been executed, and Nichols who is already serving a...

  • Data-pipeline technology continues to morph in function and form

    COLUMBIA, S.C. - When the term virtual private network (VPN) entered the lexicon of financial technology, it had a pretty specific meaning: a pipeline of data transfer through the wide-open Internet secured by SSL or other encryption methods. That definition is now expanding. For instance, there's this from Harold Randolph,...

  • CUs focus on disaster-recovery and data storage in wake of attacks

    COLUMBIA, S.C. - The tragic terrorist attacks have awakened America to seemingly unthinkable threats such as biological warfare. For credit unions the attacks drive home the need for solid disaster recovery planning, especially data recovery. Moments after skyjacked planes slammed into the heart of America's financial and defense communities, Navy...