archives

LAS VEGAS, Nevada. November 27, 2007 (www.allCUnews.com) – TFactor, Inc. announced today that KeyPoint Credit Union has selected KnowledgePortal360 as their new enterprise learning management system (LMS).

Raleigh, NC (www.allCUnews.com) – On the heels of it numerous mortgage program additions and enhancements for 2007, State Employees’ Credit Union has added yet another great option to its mortgage portfolio in an effort to assist members with budgeting – Biweekly Mortgages. Three types of SECU mortgages are currently available with a biweekly repayment plan including the 2-year Adjustable Rate Mortgage (ARM), 15-year fixed rate mortgage and the AllSaver’s mortgage.

TORONTO, Dec. 3 (www.allCUnews.com) - The seven striking FirstOntario CreditUnion employees who were involved in a peaceful sit in had all charges against them withdrawn in a Hamilton Court last week. On the heels of this news, COPE Ontario Director Janice Best contacted the new CEO for FirstOntario requesting a meeting to discuss the plight of these seven workers. The new CEO Kelly McGiffen was unwilling to discuss this issue despite the withdrawal of the charges.

VANCOUVER, BRITISH COLUMBIA--(www.allCUnews.com - Dec. 3, 2007) - Don Rolfe has been appointed to serve as president and chief executive officer of Credit Union Central of British Columbia and to continue in that role at Central 1 Credit Union upon closing of the proposed combination with Credit Union Central of Ontario.

TALLAHASSEE, Fla.--(www.allCUnews.com)--Credit Union 24, Inc., the only national credit union-owned POS network in the U.S., is pleased to announce that Alliant Credit Union, one of the 10 largest credit unions in the U.S., is the newest member-owner of the Credit Union 24 EFT network, reflecting a recent trend that has seen large, prominent credit unions join the EFT cooperative. In addition to national, credit union-owned point-of-sale and ATM connectivity, Alliant Credit Union’s more than 200,000 members will enjoy surcharge-free access at more than 12,000 Credit Union 24 CU HERE ATMs across the country.

NetApp Customers Fueling Rapid Adoption of Deduplication Technology With More Than 1,000 Licenses for Primary Storage, Backup, and Archival Data

SUNNYVALE, Calif.--(www.allCUnews.com)--NetApp (NASDAQ:NTAP) today announced that its customers have helped NetApp reach a major milestone, with more than 1,000 systems enabled with deduplication. These systems represent over 30 petabytes (PB) of raw storage capacity, making NetApp the leading provider of deduplication technology for a wide variety of applications and storage tiers1. Specifically, NetApp® deduplication is providing significant space savings for customers such as Virginia Credit Union, providing a complement to VMware® environments. By leveraging NetApp deduplication for VMware Infrastructure, customers are achieving up to 90% space savings to store their VMware virtual machines.

Credit Union Protects Headquarter and Branch Office Network While Enhancing Customer Experience With Fortinet

SUNNYVALE, CA-- (www.allCUnews.com - November 27, 2007) - Fortinet® -- the pioneer and leading provider of unified threat management (UTM) solutions -- today announced that San Mateo Credit Union, a financial cooperative located in California, has deployed Fortinet's FortiGate™-800 and FortiGate-60 integrated security appliances to protect in-branch online transactions for more than 61,000 customers as well as the corporate network used by employees.

FORT WORTH, Texas, Nov. 27 (www.allCUnews.com) -- American Airlines Federal Credit Union (AA Credit Union) recently celebrated the grand opening of a new branch facility at New York's John F. Kennedy International Airport (JFK). The celebration included a ribbon cutting ceremony and reception. John Tippets, CEO, Angie Owens, President, and Lori Hall, Senior Vice President - Marketing and Operations of AA Credit Union, presided at the event, which was attended by more than 500 guests and the media.

DENVER--(www.allCUnews.com)--PSI Corp., operating as Pantel Systems, Inc. (Pink Sheets: PSCP), a provider of customer facing, public access and self-service systems, today announced it has a multi-year agreement with Tellagent, a Credit Union Services Organization (CUSO) of Paragon Federal Credit Union, to distribute Pantel's E-Banking ATM as well as other financial products and services. Paragon Federal Credit Union is one of the largest credit unions headquartered in New Jersey with over 62,000 members.

REGINA, SASKATCHEWAN--(www.allCUnews.com - Nov. 7, 2007) - CUETS Financial Ltd., a wholly owned subsidiary of MBNA Canada Bank, announced today the successful completion of the first chip transaction for the credit union system. The transaction was processed using a MasterCard® chip credit card at Nature's Own Sausage & Meats located in Regina, Saskatchewan.

CHARLOTTE, NC--(www.allCUnews.com - October 29, 2007) - Synapses Inc., a leading provider of personalized 401(k) education, products and services, today announced that Andrews Federal Credit Union (AFCU), a Maryland-based financial institution with more than $700 million in assets and 84,000 members worldwide, has utilized Synapses technology and services to educate its employees on their individual retirement savings status and progress.

Fidelity Federal Credit Union announces its extension of services to the people of Sandy Springs.

Atlanta, GA (www.allCUnews.com) October 30, 2007 -- Fidelity Federal Credit Union is proud to announce its relocation to Sandy Springs and change in Federal charter to extend its services to the people of Sandy Springs, Georgia. The new federal charter states that Fidelity can accept members who live, work, worship, volunteer and attend school as well as businesses and other legal entities in the City of Sandy Springs.

Credit unions gain efficiencies, automation through Passageways portal

WEST LAFAYETTE, Ind.--(www.allCUnews.com)--Passageways, a West Lafayette, Ind.-based portal solutions provider for financial institutions, announced that Mazuma Credit Union (Kansas City, Mo.), Members 1st Federal Credit Union (Mechanicsburg, Pa.), TruMark Financial Credit Union (Trevose, Pa.) and FDIC Federal Credit Union (Washington) selected the Passageways Corporate Portal Framework to streamline internal communications and data management.

SAN FRANCISCO--(www.allCUnews.com)--The California Department of Financial Institutions (DFI) today announced that Cal State 9 Credit Union was placed into conservatorship. Cal State 9 is a state-chartered, NCUA insured, credit union based in Concord.

StreamLend Velocity Integrates with Core System, Increases Automation to Streamline Lending Process

ALBANY, N.Y.--(www.allCUnews.com)--IA Systems, an Open Solutions business unit and a provider of lending software and services for financial institutions, announced that Wright-Patt Credit Union selected StreamLend® Velocity. The Fairborn, Ohio-based credit union chose the paperless, end-to-end loan origination system to better automate and accelerate its lending process while further increasing efficiency by integrating with its core provider.