archives

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.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 18, 2007 www.allCUnews.com) - B.C. credit unions gave more than $16.9 million to their communities in 2006, according to a national Community Involvement Survey conducted annually for Credit Union Central of Canada.

(www.allCUnews.com)--Delta Community Credit Union, Georgia’s largest credit union will open its first location in North Atlanta. With more than 165,000 members and $2.5 billion in assets, the credit union is now in a better position to serve all the residents in the counties they are chartered to serve.

Atlanta - ATLANTA (www.allCUnews.com) - October 18, 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.

Further Enhances Member Service Through Multiple Channels of Communication

ELGIN, Ill.--(www.allCUnews.com)--Lending Solutions Inc. (LSI), a provider of lending center services and consulting programs for financial institutions across North America, announced that Vancouver, Wash.-based People’s Community Federal Credit Union (PCFCU) has selected LSI for its loan-by-phone, Internet lending and Member Service solutions.

Raleigh, NC (www.allCUnews.com) – On Tuesday, October 9th, State Employees’ Credit Union (SECU) held it 70th Annual Meeting at the Sheraton Hotel at Four Seasons in Greensboro, North Carolina. More than 700 SECU member-owners from around the state attended the meeting, many of whom serve as volunteers on SECU Advisory Boards and Loan Review Committees. Several events preceded the meeting including a luncheon featuring guest speaker, Tom Glatt, President and CEO of Continental Federal Credit Union, who gave a lively presentation focusing on credit union ownership and the cooperative spirit. Following his presentation was a series of educational breakout sessions for SECU volunteers.

Driving more choices for billers and consumers

Tulsa, OK and Fairfield, NJ, October 15, 2007 (www.allCUnews.com) – ChoicePay, Inc. an electronic bill payment services provider today announced an expansion of their strategic partnership with IPP of America (IPP), a leading provider of electronic payment services. ChoicePay and IPP will leverage their payment solutions to deliver full service multi-channel payment capabilities to billers and their customers from a single network.

GLENDORA, CA (www.allCUnews.com)— America’s Christian Credit Union has announced that they have joined forces with Laurie Beth Jones, best-selling author and a leading provider of transformation tools for personal growth and team training. Laurie Beth will be working with America’s Christian CU as a consultant and will provide strategic and creative direction to the Business Development and Marketing functions of the credit union.

Financial Institutions Gain Access to Advanced Fraud and Anti-Money Laundering Solutions

GLASTONBURY, Conn.--(www.allCUnews.com)--Open Solutions Inc., a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and international markets, and BANKDetect, a knowledge-based technology company that focuses on loss prevention and compliance for financial industries, announced they have extended their partnership referral agreement to include additional risk mitigation, fraud, compliance and anti-money laundering solutions.

DUBLIN, Ireland--(www.allCUnews.com)--Research and Markets (http://www.researchandmarkets.com/reports/c70789) has announced the addition of Health Savings Accounts in the United States 2007 to their offering.

RALEIGH, N.C. (www.allCUnews.com)-- State Employees’ Credit Union (SECU) headquartered in Raleigh, N.C., has partnered with PSCU Financial Services to begin offering gift cards in all 213 statewide branches by mid-October in time for the 2007-2008 holiday season. SECU has $15 billion in assets and 1.4 million members.

New Young & Free Platform Provides Financial Solutions for Young Albertans

LLOYDMINSTER, ALBERTA--(Mwww.allCUnews.com - Oct. 3, 2007) - As of today, finance is fun for young people in Alberta. Common Wealth Credit Union (CWCU), Alberta's fourth largest credit union with 14 branches and over 52,000 members, introduces Young & Free, the first free financial management service package for young Albertans. The Young & Free platform includes a sweet package of free, unlimited banking services plus a much-anticipated Young & Free spokesperson search to find a savvy young person to represent and be the voice of 17 to 25-year-olds. Further, Young & Free members will have access to a microsite jammed with helpful hints, polls, blogs and trivia to help them move towards financial independence.

"Our financial institutions are reporting exciting growth both in new HSA accounts and in deposit growth," said Tim Morales, President of HSA Clearing Crop. "HSA deposit growth has taken off because of passage of the HSA provision that was in the Tax Relief and Health Care Act of 2006. The new law allows people to fully fund their HSA contribution, for the full year, even if they purchase their high deductible health plan midyear, rather than prorate as in previous years."

PEWAUKEE, Wis., Oct. 4 (www.allCUnews.com) -- The Wisconsin Credit Union League, the trade association representing 260 member-owned financial institutions in the state, is offering a reward of up to $10,000 for

Roseburg, OR, October 05, 2007 --(www.allCUnews.com)-- Cascade Community Credit Union, a local co-op credit union committed to exclusively serving residents of Douglas County, today announced the promotions of LouEllen Boggs and Caden Carr to loan officers.