archives

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
National Credit Union Administration
Office of the Comptroller of the Currency
Office of Thrift Supervision
Financial Crimes Enforcement Network

Joining the Fight Against Identity Theft
CORPUS CHRISTI, Texas--(allCUnews)--July 26, 2006--Navy Army Federal Credit Union announced today that they will provide their Flag Checking members with identity theft services, through their partnership with Identity Theft 911, the nation's leading identity theft resolution and education provider. These members will receive proactive resources and one-on-one assistance -- at no additional cost -- in the event they become a victim of identity theft.

July Marks Silver Anniversary of Pioneer ATM/Debit Network Nearing 10 Billion Transactions

HOUSTON--(allCUnews)--July 25, 2006--Electronic payments network pioneer PULSE EFT Association LP this month marks its 25th anniversary as a leading force in the growing and evolving financial services industry.

(allCUnews) IA Systems, a provider of lending software and services to credit unions, banks and other financial institutions, announced that $2.1 billion GTE Federal Credit Union selected StreamLend Velocity to enhance its loan processing operations.

WOODBURY, N.Y.--(allCUnews)--July 25, 2006--
Offering an Optional Service to Credit Union for Enhanced and Secure Transactions to Verify the Authenticity of Identity Documents through Patented ID-Check(R) Technology and In-Person Proofing

Brings number of lenders on the portal to 23

TORONTO, ONTARIO--(allCUnews July 25, 2006) - DealerAccess announced today that Windsor Family Credit Union (WFCU) has signed an agreement to offer its automotive financing services through the DealerAccess portal. WFCU is a local credit union known for delivering innovation to its members with five retail locations and state-of-the-art service delivery channels 24-hours a day.

Tranax announces strong demand for "Essential Banking" STMs among credit unions and smaller banks. Fairleigh Dickinson Federal Credit Union, GPO Federal Credit Union, Southeast Financial Credit Union, Lake Chem Federal Credit Union, New South Credit Union, Cumorah Credit Union, Forest Area Federal Credit Union, Finger Lakes Healthcare Federal Credit Union, Stevenson Federal Credit Union among first to sign up. (FVNEWSWIRE Jul 12, 2006)

The Financial Institution Will Deploy Bharosa's FFIEC-Compliant Tracker and Authenticator Products
PHOENIX, AZ and SANTA CLARA, CA -- (allCUnews) -- July 25, 2006 -- Desert Schools Federal Credit Union, the largest credit union in Arizona, today announced that it has selected Bharosa, a global provider of proactive, real-time fraud detection and multifactor authentication solutions, to enable enhanced authentication and anti-fraud security for its online banking portals.

EAST HARTFORD, Conn.--(allCUnews)--July 20, 2006--Connecticut's largest federal credit union was today granted a community field of membership by the National Credit Union Administration (NCUA), allowing the cooperative to offer its financial products and services to all consumers and businesses in three counties in Connecticut. American Eagle Federal Credit Union can now serve all persons who live, work, worship, or attend school in and businesses and other legal entities located in Hartford County, Middlesex County, or Tolland County.

CUAC to Offer AFG's Driving Sense(TM) Balloon Product
HOUSTON--(allCUnews)--July 18, 2006--Auto Financial Group (AFG), an online provider of residual-based financing products for credit unions, announced today that it has signed an agreement with Credit Union Acceptance Company (CUAC), a Credit Union Services Organization. Under the agreement, CUAC will offer AFG's Driving Sense(TM) vehicle balloon financing product to credit unions and their members.

MasterCard Incorporated (NYSE:MA) today announced the results of its Annual Meeting of Stockholders, held earlier today at the company's global headquarters in Purchase, NY. (allCUnews)

Holders of the company's Class A common stock elected eight Class A Directors, approved the 2006 Non-Employee Director Equity Compensation Plan and ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2006.

Offering Free Identity Resolution Services and Education to Members
SAGINAW, Mich.--(allCUnews)--July 18, 2006--United Financial Credit Union (UFCU) announced today a partnership with Identity Theft 911 - the nation's leading provider of identity theft resolution services and education - to offer their membership guidance should they fall victim to the rapidly-growing crime of identity theft. Thanks to this collaborative effort, any United Financial member who becomes victimized will have a personal advocate to guide and support them through the challenges of identity restoration. This is all provided by United Financial at no additional cost to the members.

RALEIGH, N.C.--(allCUnews)--July 19, 2006--State Employees' Credit Union (SECU) recently received its Spring 2006 Member Survey report with results showing an overall member satisfaction rate of 98%. The survey, administered by Credit Union National Association (CUNA) Research department, was mailed to 3,000 current SECU members and asked them to rate the credit union on ten attributes including branch and ATM locations, range of services offered, access to services, hours, service charges/fees, loan and savings rates and safety/security of savings.

Creative Design Firm to Develop New Image to Expand Credit Union Membership
HOLLISTER, Calif.--(allCUnews)--July 19, 2006--Ralphs Federal Credit Union (RFCU) has selected Redbeard Communications to help rename the credit union and develop a new logo that is more compelling to attract potential members. Glendale, Calif.-based RFCU, which serves employees of Ralphs Grocery, Food4less, Bell Markets, Cala Foods and Food Co, is updating its identity to better compete with the mega-bank branches commonly located in Ralphs grocery stores and to better connect with its membership.

Eastman Credit Union has selected Web hosting provider Open Solutions Inc.’s relational technology and service offering The Complete Credit Union Solution and complementary product suite to handle its enterprise-wide data processing needs. Open Solutions is a provider of integrated enabling technologies for financial services providers across the United States, Canada and international markets. The Kingsport, Tenn.-based credit union has 16 branches in five states, approximately 80,000 members and is the 47th largest credit union in the U.S.