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  • Pentagon FCU becomes sponsor of `Military Times' Web sites

    ALEXANDRIA, Va. - Pentagon Federal Credit Union (PFCU) has become the newest sponsor of the Military Times Media Group which consists of the Web sites Army Times.com, Navy Times.com, Air Force Times.com and Marine Corps Times.com. The third largest credit union in the nation with $4 billion in assets and...

  • EAST

    Mid-Atlantic Federal Credit Union, Gaithersburg, Md., has named Harpreet Broca Germantown branch manager and Ronald Blanks Rockville branch manager. Chartway Federal Credit Union, Virginia Beach, Va., has named Glenn Thomas director of information technology. Hudson Heritage Federal Credit Union, Newburgh, N.Y., has named Shannon Harkins information technology specialist. Capital Communications...

  • OSI acquires lending firm

    GLASTONBURY, Conn. - Core processor Open Solutions Inc. has acquired Connecticut-based Sound Software, a provider of lending management solutions for community financials. Open Solutions will acquire Sound Software for an undisclosed amount of cash and stock. Sound Software will become a wholly-owned subsidiary of Open Solutions and operate as a...

  • Sharing to protect credit unions and members

    ORLANDO, Fla. - Credit unions need to pay attention to the fraud challenges faced by competitors. That was the overriding theme of this year's National Conference on Credit Union Fraud and Loss Prevention sponsored by Madison, Wisconsin-based Loescher & Associates, which specializes in credit union fraud and loss prevention. Today's...

  • Forrester study finds CUs are delivering online

    CAMBRIDGE, Mass. - Credit unions are always pegged as more tech-savvy then other financials - rightfully so according to a new Forrester survey. Based on data culled from Forrester's annual survey of 100,000 North American consumers and 10,000 consumers surveyed online, credit unions rank No. 1 in online satisfaction and...

  • BRANCHING OUT

    Duval Federal Credit Union, Jacksonville, Fla., has purchased its first free standing branch facility/administration office. DFCU will use the 10,000 square foot building as a member service branch with drive-thru operation, as well as an administrative facility. The facility has been available for member use since July 2001. DFCU has...

  • WesCorp trying to improve online services

    SAN DIMAS, Calif. - The $16 billion WesCorp has enhanced its online account management system for its members CUs with the introduction of electronic statements. Statements are delivered through WAVE (www.wescorp.org), WesCorp's real-time, online account solution. Earlier this year, WesCorp member CUs told WesCorp, via a survey, that they wanted...

  • Integrating O'Rourke, Sacher & Moulton's Services Into the McGladrey Companies

    National Credit Union Consulting Division "O'Rourke Consulting, a part of RSM McGladrey" Gene O'Rourke, dir. in charge IT Security Consulting Wade Painter, dir. in charge Internal Audit Outsourcing Kevin Koval, dir. in charge Executive Search Jim Hansen, CEO, O'Rourke Career Connections Operations Consulting Wade Painter, dir. in charge National Credit...

  • Georgia FCU employees create a platinum tropical storm

    ATLANTA-It's summertime and Georgia Federal Credit Union's platinum and classic VISA card portfolio is practically bursting at the seams. "The response to this simple promotion has just been phenomenal," said GFCU Vice President of Marketing Kim Wall. "We are very committed to our credit card portfolio, and really why would...

  • Credit unions feel article is misleading

    An article on page 13 in the July 25th issue of Credit Union Times regarding an NCUA instigated emergency credit union merger is, in our collective opinion, very misleading. We feel it does not accurately reflect the NCUA bidding process that was used. A number of credit unions including ours...