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Series Showcases Acquisition Strategies, Real World Results

CHICAGO, Feb. 28 /PRNewswire/ -- The Fannie Mae Foundation's KnowledgePlex launches a four part chat series from The Center for Financial Services Innovation (CFSI), Thursday, March 9, 2006 at 2:00 p.m. EST. "From the Margins to the Mainstream: Innovative Entryways for Underbanked Markets," is based on the recently released strategy guide from the National Community Investment Fund's Retail Financial Services Initiative (RFSI). The chats will feature speakers whose institutions executed a selection of acquisition approaches to determine what would be feasible and replicable in the broader financial services environment. March's chat will focus on the nexus of payments and cash access via such options as in-house check cashing, prepaid cards and second chance accounts. It will be moderated by Ellen Seidman, ShoreBank's Executive Vice President for National Policy and Program Development; speakers will include senior executives from Bethex Federal Credit Union, Legacy Bank, and Central Bank of Kansas City. April's chat will cover tax preparation services and alternative refund anticipation loans, May's session will discuss alternative payday loans, and in June, the series will conclude with the crucial role partnerships play in building effective programs for these consumers.

By John Poirier

WASHINGTON (Reuters) - A key U.S. House of Representatives lawmaker on Tuesday said he expects the House to approve a bill to reduce regulatory burdens on the financial services industry, including credit unions, by early next month.

MADISON, Wis., Feb. 28 /PRNewswire/ -- MEMBERS Mutual Funds, a fund group managed by MEMBERS Capital Advisors, the Registered Investment Advisor affiliate of CUNA Mutual Group, has announced changes to strengthen its mutual fund line. The changes are designed to underscore MEMBERS Mutual Funds' commitment to and focus on improving portfolio returns for its clients.

GLASTONBURY, Conn.--(BUSINESS WIRE)--Feb. 28, 2006--Open Solutions Inc. (Nasdaq: OPEN), a provider of integrated enabling technologies for financial institutions throughout the United States and Canada, today reported financial results for the three months and full year ended December 31, 2005.

DULLES, Va.--(BUSINESS WIRE)--Feb. 28, 2006-- AOL Becomes First Major ISP to Use Virginia's New Anti-Phishing State Law

NEW YORK, NY -- (MARKET WIRE) -- 02/28/2006 -- With contactless payment on a deployment fast track and technologies like Near-Field Communications and biometrics shaping the future of consumer purchasing, actionable information and analysis is more valuable than ever. At CardTech 2006, May 2-4 at the Moscone Center in San Francisco, executives from top banking, card association, retail, technology and analyst firms will shed light on these and other mega trends in card-based commerce.

MADISON, Wis. and BATON ROUGE, La., Feb. 27 /PRNewswire/ -- Credit unions can gain valuable insight into their potential network security vulnerabilities and ensure compliance in related issues through a strategic alliance between CUNA and TraceSecurity.

By Chetan Patel, Engineering Manager & Stephen Stukenborg, Product Manager

While Google Base provides data structure and distribution for a wide range of content and information, a subset of items are for sale.

Credit Union's Decision Based on the Solution's Broad Functionality, as well as the Superior Client Service and Support Reported by Other Institutions

JACKSONVILLE, Fla., Feb. 27 /PRNewswire-FirstCall/ -- Fidelity National Information Services (NYSE: FIS - News) today announced that Pittsford Credit Union of Pittsford, NY has selected FIS' MISER® solution for their core processing needs.

WASHINGTON--(BUSINESS WIRE)--Feb. 27, 2006--Ceto and Associates, a national consulting firm providing revenue enhancement solutions for the financial industry, announced at the 2006 Governmental Affairs Conference that United Heritage Credit Union has selected Ceto Cash Calculator (C3), a vault cash management tool that allows branch managers to effectively ration daily branch and ATM cash levels to increase profitability by freeing up excess non-interest earning vault and ATM cash.

WASHINGTON--(BUSINESS WIRE)--Feb. 27, 2006--IA Systems, a provider of lending software and services for credit unions, banks and other financial institutions, announced at the 2006 Governmental Affairs Conference that St. Louis-based Anheuser-Busch Employees' Credit Union (ABECU) has selected StreamLend Velocity to automate and accelerate its lending operations for consumer indirect, and home equity loans.

GLASTONBURY, Conn.--(BUSINESS WIRE)--Feb. 27, 2006--Lansing, Mich.-based State Employees Credit Union (SECU) announced it has selected Open Solutions Inc.'s (R) (NASDAQ: OPEN) The Complete Credit Union Solution (R), a relational core data processing platform for credit unions, to address its enterprise-wide data processing needs. Open Solutions is a provider of integrated relational technologies for banks and credit unions across the United States and Canada. SECU will convert to The Complete Credit Union Solution later this year.

Websense® Security Labs™ has received reports of a new phishing attack that targets customers of Heartland Credit Union. Users receive a spoofed email message, which claims that their account information needs to be verified due to new security measures. The message provides a link to a phishing website. Users who visit this website are prompted to enter personal and account information.

Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced that Alaska USA Federal Credit Union (FCU) has licensed its web-based Loan Origination Studio (LOS), Workshop toolkit and Loanportal, its integrated third-party services gateway.

I was able to listen to the Smart Card Alliance webinar today hosted by Stores, MasterCard, Visa and VivoTech. The session provided the basics to accepting contactless payments at the point of sale. It was interesting to see the latest updates on what’s happening in the market and get the perspective from a bank issuer, retailer and processor and how its being presented....