• Navy FCU joins Project ACTION

    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...

  • Direct mail letter from CCUL solicits PAC funds from vendors

    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...

  • Fiserv's easyLENDERT software solution boosts Suncoast Schools' mortgage pipeline

    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...

  • New look for cutimes.com

    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)...

  • VENDORS

    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...

  • Centrix Financial enhances Credit Ready Program

    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...

  • Savings from flexible examination schedule should be substantial

    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...

  • CUNA Network Services offering security products

    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...

  • GE Mortgage Insurance provides workout approvals online

    RALEIGH, N.C. - GE Mortgage Insurance has launched the industry's first online workout approval system - e-LMO Fast TrackT. The new system is accessible through the www.gemortgageinsurance.com Web site and is part of GE's/MI Servicer platform which is designed to Web-enable mortgage insurance loan servicing processes and increase lender productivity....

  • When times get tough for members, it's credit unions to the rescue

    WEST PALM BEACH, Fla. - Unfortunately the hot color for employees in 2001 seems to be pink- as in pink slips from employers. But when times get rough for members, credit unions seem to shine. According to Chicago-based outplacement firm Challenger Gray and Christmas, Inc., U.S. companies cut 124,852 jobs...