Credit Union Journal articles from October 2006

Credit Union Journal archives from October 2006

Congress Passes Half-A-Loaf CU Reg Relief Bill.
October 2, 2006... WASHINGTON -- Hours before adjourning last week, Congress voted final passage of the scaled-down version of a regulatory relief bill, shifting the focus for credit unions to the much broader CU Regulatory Improvements Act for next year. ...

High On The HOG: CU, CUSO Team Up To Sell, Finance Harleys.(Harley-Davidson Inc.)(credit union)(Credit Union Service Organization)
October 2, 2006... MENOMONEE FALLS, Wis. -- Putting more Harley Davidson hogs on the street is just what Dean Wilson wanted to do when Wauwatosa CU served as the beta test site for CU*Answers' new indirect lending program called Retailer Direct. Wilson was...

WesCorp Concludes Single Largest Debt Issuance In History.
October 2, 2006... SAN DIMAS, Calif. -- WesCorp has concluded the largest single debt issuance in its history, raising $1 billion from the capital market. David Trinder, WesCorp's VP of balance sheet management, said the corporate offered two-year notes at a...

PA CUs Team Up With State To Roll Out Payday Loan Program.
October 2, 2006... HARRISBURG, Penn. -- At least 14 credit unions plan to launch a payday loan program this week, in conjunction with the state Departments of Banking and Treasury, marking the latest foray of credit unions into this much-publicized market. ...

On Deadline.(Reid Temple AME Church FCU )(Christian Community CU )
October 2, 2006... MBL Cap Is Not Seen As An Impediment ARLINGTON, Va.-Few credit unions see the federal ceiling on member business loans as a barrier to providing business services to their members, according to a new survey by NAFCU. In fact, the vast...

NACUSO Is Closing In On Hiring Its New Leader After A Yearlong Search.(National Association of CUSOs )
October 2, 2006... KANSAS CITY, Mo. -- The National Association of CUSOs (NACUSO) is close to naming a new leader. Dennis Pierce, vice chairman of NACUSO and CEO of Community America Credit Union told The Credit Union Journal, "We've narrowed our list down...

Youth Marketing Meeting Set.
October 2, 2006... INDIANAPOLIS -- The Marketing Association of Credit Unions (MAC) will be holding its Fall 2006 Regional Workshops, entitled "It's 2006... Do You Know Where Teenagers Are? Reaching Youth in Today's New Marketing Environment" on Oct. 24 in...

Website Tears Down Lafayette Conversion Argument.
October 2, 2006... WASHINGTON, D.C. -- The dust-up over the proposed conversion of Lafayette FCU to a mutual savings bank has entered cyberspace with a website that tears down a number of the CU's arguments in favor of the charter change. Following LFCU's...

Worth Noting.(Mississippi Credit Union System)(Credit Union Executives Society)
October 2, 2006... Miss. Mourns Loss Of CU Pioneers JACKSON, Miss.-The Mississippi credit union family is mourning the passing of two of their pioneers: W.T. "Pete" Avara, Jr. and Guyton Sessions died last week. Avara was recently honored for more than...

What Do Consumers Want? What's Ahead? Google Knows.
October 2, 2006... Attention, credit unions near Apex, N.C. Consumers there lead the nation in going online and searching the topic "auto loans." But beware: that same town, by a long shot, also leads the country in searching the topic "credit card debt." Do...

Fed Watcher Predicts Steady Rates Could Tilt Yield Curve In Right Direction.(Kathleen Camilli - economist )
October 2, 2006... WASHINGTON, D.C. -- Credit union economists are trying to read the tea leaves behind the Federal Reserve's September decision to keep its key lending rate steady at 5.25%, shoring up its Aug. 8 decision to halt the 17 consecutive rate increases...

USAID Funds WOCCU's First CU Project In Peru.(United States Agency for International Development )(World Council of Credit Unions)(Brief article)
October 2, 2006... WASHINGTON -- The United States Agency for International Development (USAID) recently awarded World Council of Credit Unions, Inc. (WOCCU) $1.3 million to implement its three-year "Peru Credit Union Market Integration Program" in rural Peru....

On Branding: Is Your Marketing Plan Running Around With A Big Net?
October 2, 2006... When students train to be doctors they take an oath to "First do no harm." It's a shame that CU leaders responsible for marketing don't make the same promise. Because whether you follow a clear, logical strategic path or toss all your marketing...

CUs Have Nothing To Prove If They're Doing Right Thing.(Credit Union )
October 2, 2006... It remains a mystery to me that defining and serving the underserved has been such a struggle. If the underserved are being served by credit unions, there shouldn't be anything to prove. Who said that all underserved consumers are "poor?"...

Product & Service.(MasterCard International Inc.)(Elan Financial Services)(Charlotte Metro Credit Union)
October 2, 2006... Charlotte Metro Works With FICS DALLAS-Charlotte, N.C.-based Charlotte Metro CU has implemented several Financial Industry Computer Systems' solutions to upgrade the credit union's mortgage origination program. Among the FICS solutions...

Looking Beyond CU Industry For Innovation Champion.(Credit Union )(Brief article)
October 2, 2006... SEATTLE, Wash. -- A pioneering effort to push CUs to become innovative in product and service delivery has had its successes, and also uncovered lots of unforeseen situations. For instance, at one credit union that did away with all of the...

Analyst: Yield Curve May Improve.
October 2, 2006... WASHINGTON, D.C. -- Credit union economists are trying to read the tea leaves behind The Federal Reserve's September decision to keep its key lending rate steady at 5.25%, shoring up its Aug. 8 decision to halt the 17 consecutive rate increases...

CUs Are Stepping To The Front On Financial Education Efforts.(Credit Union )
October 2, 2006... WASHINGTON -- Credit unions have become one of the nation's leading providers of financial education, to youth, the elderly, low- and moderate-income families and individuals and to new immigrants, lawmakers reviewing the nation's financial...

Mountain America Spills The Beans On Its 'Best-Kept Secret'.
October 2, 2006... WEST JORDAN, Utah -- After offering commercial lending services for three years, Mountain America CU realized its offerings were among those "best kept secrets" to which it needed to draw more attention, so the CU revamped, restructured and...

Product & Service.
October 2, 2006... OSI: 32 CUs Implement TCCUS GLASTONBURY, Conn.-Open Solutions Inc.'s announced that since January, 32 credit unions have implemented or are in the process of implementing a traditional version of its enterprise-wide data processing...

South Interlake CU Is Going To The D.O.G. With Its Four-Legged Employee.(director of greetings)
October 2, 2006... SELKIRK, MB -- South Interlake Credit Union's newest employee is a dog. No really, she's a dog. A Saint Bernard, to be exact. The four-legged pup named Takoda, was officially and appropriately named director of greetings, or D.O.G., of...

Altura Card Shows CU Difference.(Altura Credit Union )(Brief article)
October 2, 2006... RIVERSIDE, Calif. -- Altura Credit Union has introduced a new Visa credit card that gives back to the community. Every time a member uses the card, a percentage of the purchase will be donated to local schools or the library. "New and...

CUNA Shops Underserved Bill On Capitol Hill.
October 2, 2006... WASHINGTON -- CUNA has begun lobbying Congress for legislation to restore the ability of community and single sponsor credit unions to add underserved communities to their fields of membership. "We've been talking to people," said Dean Sagar,...

CUNA Cultivates Congress' Next Freshman Class.(Cuna Mutual Group)(financing political campaigns)
October 2, 2006... WASHINGTON -- CUNA reported it made contributions last month to seven candidates vying to join Congress for the first time. The contributions, totaling $36,500 went to: Michele Bachmann, a Republican former state senator running for...

Community Development Group Grows CU Footprint.(Self-Help Credit Union)(Brief article)
October 2, 2006... DURHAM, N.C. -- The Center for Community Self-Help continued to build its credit union business with approval by NCUA for its affiliate Self-Help CU to acquire tiny City of Wilson ECU, the fourth credit union acquired by the CDCU over the last...

People.(credit union personnel appointments, resignations and awards)
October 2, 2006... Alabama Telco Credit Union, Birmingham, promoted Diane Nazarchyk to assistant vice president of organizational development, Deeya Gray to marketing communications manager, and Bryan Morrow and Pamela Long were named branch managers. The...

TV Ads Tout Shared Branching.(Television)
October 2, 2006... SCRANTON, Pa. -- Television ads touting the introduction of shared branching into the Wilkes-Barre/Scranton market are scheduled to debut this month. This market is the third in the Keystone state the PA CU Service Centers has entered over...

TCU Offers Teen Spending Card.(Texans Credit Union )(Brief article)
October 2, 2006... RICHARDSON, Texas -- Texans CU will roll-out a new teen spending card next week that will allow parents to track their kids' spending habits and to load the card with allowance money or other rewards earned from doing their chores. PAYjr...

BECU Pilots ATM 'Snapshot'.(Boeing Employees' Credit Union)(Brief article)
October 2, 2006... TUKWILA, Wash. -- Boeing Employees CU has been testing NCR's Snapshot ATM at its main branch and plans to roll-out the no-envelope, deposit-taking machines at other branches over the next few months. To make a deposit at the high-tech...

Teller Banned For Embezzlement.(Brief article)
October 2, 2006... ALEXANDRIA Va. -- The former head teller at UFCW FCU was barred from the credit union industry by NCUA for stealing $100,000 from the Wyoming, Pa., credit union, and fixing the books to conceal it. Lisa Sudo was convicted June 13 of theft...

FHLB Atlanta Boosts 3Q Payout.(Federal Home Loan Bank )(third quarter)(Brief article)
October 2, 2006... ATLANTA -- The Federal Home Loan Bank of Atlanta announced it is raising its third quarter dividend to 5.90%. That compares to a payout of 5.60% for the second quarter, and of 3.25% for last year's third quarter. The dividend will be credited...

Second Shoe Drops At CU Convert.(credit union)(Citizens Community Bancorp plans to raise initial public offerings)(Brief article)
October 2, 2006... EAU CLAIRE, Wis. -- Citizens Community Bancorp, known until 2002 as Citizens Community FCU, plans to raise as much as $53 million next month with an initial public offering in the second step of its two-step conversion to public banking...

Lagging Loan Portfolios May Force CUs Deeper Into Subprime Territory.(Credit Union )
October 2, 2006... LAS VEGAS -- As credit unions look for ways to beef up their lending portfolios, more may have to look to subprime lending-and the additional risk it brings-to open up new avenues of opportunity. Even the most risk-averse CUs can get...

Proposed CU Slogan Makes Audience Squirm, Which Is Just The Point.(Credit Union )
October 2, 2006... LAS VEGAS -- Would you run this ad: "Credit Unions: Where You'll Never Get Screwed." The way most credit unions would answer that question just may be why CUs, even when they have the best products, aren't top dog in the financial services...

U.S. Housing Market Expected To Fall Even Further.
October 2, 2006... LAS VEGAS -- The American housing market is primed to fall further, but one economist believes home prices will flatten over the next year, not fall precipitously, leaving the U.S. economy in good shape for the near future. "The economy is...

Insuring The Right Mix: Insurance Products Offer Big Revenue Opportunities, But Only If Right Steps Are Taken.
October 2, 2006... MADISON, Wis. -- Insurance products are rife with potential to generate income. But the challenge, several experts told The Credit Union Journal, lies in correctly identifying the mix of products to offer a credit union's membership. But...

CU-Owned Insurance Agencies Bring Mixed Results.(Brief article)
October 2, 2006... DALLAS -- Despite banks and credit unions having invested in buying, building or starting property and casualty insurance agencies, those initiatives have generated mixed results, according to a study conducted by The Insurance Agency Solutions...

Product & Service.
October 2, 2006... AppOne Teams With AmeriCredit BATON ROUGE, La.-Financial technology provider AppOne recently formed a partnership with AmeriCredit, a leading automobile lending source throughout the nation. AppOne's national dealer network can receive...

Ad Campaign Is Putting Spotlight On Banks' Profits.
October 2, 2006... SACRAMENTO, Calif. -- If the cliche fits, wear it. The California and Nevada Credit Union Leagues are well into the second year of a public advocacy campaign featuring radio and newspaper ads. In recent months, the two leagues have moved...

Product & Service.
October 2, 2006... CUSO Holds Disaster Test HAGERSTOWN, Md.-Business continuity credit union service organization Ongoing Operations, LLC, a CUSO formed by Washington D.C. area credit unions, held a disaster test in which Northwest FCU participated. The...

Financial Services See Opportunity in HSAs.(health savings accounts)(Survey)(Brief article)
October 2, 2006... MINNEAPOLIS -- Eighty percent of financial organizations responding to a recent Wolters Kluwer Financial Services survey said their organization currently offers Health Savings Accounts (HSAs) or plans to do so in the next year. Of the...

Consumers Confident Despite Pinch In Wallets.(Brief article)
October 2, 2006... COSTA MESA, Calif. -- Consumer sentiment increased 11 points in July to 85, despite a rise in gasoline prices, according to the most recent results of the Experian-Gallup Personal Credit Index. The index was compiled before the recent drop in...

CUJ & Q&A: CU Specifically Aimed At Children Is Turning To A Former Educator As Its Manager, Who Is Dealing With A Whole New Learning Curve.(Interview)
October 2, 2006... MADISON, Wis. -- It's only fitting that the world's only independent credit union chartered specifically for children would turn to someone who is entirely used to dealing with children day in and day out: a school teacher. STAR CU (which...

Branching Is Key To Jump-Starting Membership, Asset Growth, Expert Says.
October 2, 2006... LAS VEGAS -- Credit unions must know the Return on Investment (ROI) of every branch-and learn how to squeeze more out of every branch-if they wish to staunch the bleeding of credit union slow growth. Credit union consultant Paul Seibert...

Credit Unions In Their Communities.(Navy Federal Credit Union)(Scott Credit Union)(Desert Schools Federal Credit Union)
October 2, 2006... * Georgia Federal Credit Union, Duluth, awarded a digital camera to the Visual Arts Program at Burney-Harris-Lyons Middle School. * Fiberglas Federal Credit Union, Heath, Ohio, hosted a financial fair. * Security Service Federal Credit...

Keeping The Military Out Of It.(Advance America Cash Advance Centers denies services to military personnel)
October 2, 2006... SPARTANBURG, S.C. -- With some elements of the payday lending industry under fire for high-rate, high-fee loans made to members of the military, Advance America, Cash Advance Centers, Inc. said it will no longer make any payday advances to...

OpSS Announces Award Winners.(Financial Partners Credit Union)(Merrimack Valley Federal Credit Union)(City County Credit Union)(Brief article)
October 2, 2006... MADISON, Wis. -- Winners of the second annual Best Practice Awards, sponsored by the CUNA Operations, Sales & Service (OpSS) Council, were announced during the 9th annual OpSS Council Conference, Sept. 24-27, in San Francisco. The council...

Arizona Offers School Tax Credit.(Brief article)
October 2, 2006... YUMA, Ariz. -- The state of Arizona offers a unique program, allowing residents to support local schools and gain tax benefits at the same time. And now, AEA Federal Credit Union is offering 0% financing to help members fund their 2006...

Robber Makes Off With ATM Cash.(Brief article)
October 2, 2006... CORPUS CHRISTI, Texas -- A member of Members First CU was held up just after withdrawing funds form the credit union ATM and the assailant made off with $700 of his cash. The suspect approached the member from behind, then grabbed his wallet...

Analysts See Surge In Access To Credit Unions.
October 9, 2006... SAN DIMAS, Calif. -- The credit union community is ready for a surge in the number of retail outlets and points of contact available to members, according to experts. The growth of shared branching is a primary driver of this burgeoning...

Checking In, Cashing Out: Opposition To Lafayette Conversion Mounts.
October 9, 2006... WASHINGTON, D.C. -- "Given the economic impact of this war, this is not the time to affect the savings and loan rates of members who are serving in Iraq," said Tom Carter, a member of Lafayette FCU opposed to its planned conversion to a mutual...

Checking In, Cashing Out: Former CU Takes The Stock Market By Storm.(Credit Union )(Viewpoint Bank )
October 9, 2006... WALL STREET -- Credit union- convert Viewpoint Bank was a rousing success on its initial foray as a publicly traded company last week, giving impetus to future credit union conversions. Shares in the $1.5-billion bank, known until January...

CU Paddles Out Unique New Name.(Weyerhauser Employees)(credit unions)
October 9, 2006... LONGVIEW, Wash. -- Thousands of credit unions have changed names in recent years, many creating generic amalgamations of other words as their new monikers. Not Weyerhauser Employees CU here. Effective Jan. 1, it will change its name to Red...

Think FCU Joins Ranks Of Would-Be Converts.(federal Credit Union )
October 9, 2006... ROCHESTER, Minn. -- Yet another billion-dollar credit union-Think FCU-is asking members to approve ditching the credit union charter in favor of becoming a mutual savings bank. Officials of the 45-year-old CU formerly known as IBM...

On Deadline.(Brief article)
October 9, 2006... Poland CUs Break Into Long-Term Mortgages WARSAW, Poland-The President of the Republic of Poland has signed a law allowing Polish credit unions to offer their members regular long-term mortgages, representing a major coup for the credit...

Sun East CUSO Taking Mobile Branch On The Road.(Sun East Federal Credit Union )
October 9, 2006... ASTON, Penn. -- In response to an influx of calls from credit unions around the nation, Sun East Federal Credit Union is forming a CUSO to teach the lessons of creating its own mobile branch. With the threat of Katrina-like natural...

Worth Noting.(Spokane's Teacher's Credit Union)(Obituary)
October 9, 2006... Spokane Wins Reader Poll SPOKANE, Wash.-Spokane's Teacher's CU was voted the "Best Credit Union" by Spokane/Coeur d'Alene Living Magazine for its 2006 Best of Everything issue. STCU and also won Silver Standing as "Best Financial...

Helping members bring out their inner Barney Fife.(using the credit union website to create a personal finance community)
October 9, 2006... Were Sigmund Freud a market researcher, he'd be consumed by one question: What do consumers want? He wouldn't be alone. There are entire schools and an army of authors (the Universe of One vs. the One Mass Market) dedicated to answering...

Insurance Business Is Not An Automatic Money Maker.
October 9, 2006... Since 1999, regulatory changes have encouraged financial institutions to surge into the property and casualty insurance business as the "next big thing." Over the past seven years, banks and credit unions have invested billions of dollars in...

NAFCU Lauds Clarifications To Electronic NSF Collections.(National Association of Federal Credit Unions)(uncollected funds rule)(Brief article)
October 9, 2006... ARLINGTON, Va. -- NAFCU showed its support for NCUA's interim final rule on insufficient or uncollected funds (NSF fees) collected electronically, saying the amendments mitigate unintended consequences of the previous wording of the reg. ...

Product & Service.(Advanced Technology Resource Center)
October 9, 2006... TraceSecurity Opens Resource Center BATON ROUGE, La.-Compliance software maker TraceSecurity opened an Advanced Technology Resource Center in Cupertino, Caif. to assist in recruitment and raise its exposure to potential partners in the...

Investment Services An Opportunity To Bolster Bottom Line.
October 9, 2006... REDWOOD, Calif. -- With today's squeeze on earnings margins and falling ROA, some CUs are realizing a significant impact to the bottom line through investment services programs. They are reaping those bottom line benefits by increasing the...

Product & Service.(AppOne partneship with Autosave)(onolulu Federal Credit Union)(Member Business Lending, LLC)(Fuze Digital Solutions)(Brief article)
October 9, 2006... Appone Partners With Autosave BATON ROUGE, La.-AppOne has teamed with Autosave, a vehicle after-market warranty and marketing specialist to expand services for AppOne's dealer base by offering integrated vehicle service contracts and other...

Filene's i3 Group Introduces 7 New Innovations For CUs To Implement.(Filene Research Institute)(ideas, innovation, implementation)(Credit Union )
October 9, 2006... MADISON, Wis. -- Filene Research Institute's i3 group (for ideas, innovation, implementation) has unveiled seven new "evolutions" in products and services for credit unions. The innovations were created by seven i3 teams made up of...

CUNA Debuts America CU Mtg.(Credit Union National Association )(Brief article)
October 9, 2006... MADISON, Wis. -- "America's Credit Union Conference & Expo," the annual educational conference which has previously been known as CUNA's Annual General Meeting, Symposeum and Future Forum, will debut under its new name in Las Vegas, June 3-6,...

Regulators Issue Guidance On Exotic Mortgages.
October 9, 2006... WASHINGTON -- Federal regulators, who have been urging banks and credit unions for years to ease on their mortgage lending standards, told banks and credit unions to rein in the more exotic mortgages they've been marketing lately. Many of these...

NAFCU's New Hire Has Experience In Tax Issues.(National Association of Federal Credit Unions )(Edward Ambrose)(Brief article)
October 9, 2006... ARLINGTON, Va. -- NAFCU bought itself some tax insurance last week. As CUNA did earlier this year, the credit union trade association hired a staffer with experience on the congressional tax-writing committee, the House Ways and Means...

CU Innovations Funded By $540,000 Grant.(fund down payment for areas destroyed by Hurricane Katrina)(Brief article)
October 9, 2006... WASHINGTON -- The National CU Foundation has awarded 10 grants for a total of $540,000 to help fund innovative credit union projects to help people of modest means around the country. The grants will help fund down payment assistance for...

People.(Officials and employees)(Brief article)
October 9, 2006... Ent Federal Credit Union, Colorado Springs, Colo., named Wayne Paton vice president of small business and corporate services. Denali Alaskan Federal Credit Union, Anchorage, promoted Erika Williams to marketing officer. Wauna Federal...

Students Urged To Join CU.(debuting inside their school buses)(Brief article)
October 9, 2006... BAY CITY, Mich. -- Students at Bay City Central High School will be reminded on their way to school-and their way home-of their eligibility to join a credit union. That's because of new ads inside debuting inside their school buses. The...

Lottery Winner Robs CU Member.(large amount of money in a California lottery game)(Brief article)
October 9, 2006... CUPERTINO, Calif. -- A lottery winner who claimed he needed money for a family emergency convinced a member of Technology CU to withdraw funds from his credit union account in exchange for his ticket, but ended up robbing the member of both the...

CU Offers Emergency Gift Cards.(Nevada Federal Credit Union)(Las Vegas Fire and Rescue Foundation)(Brief article)
October 9, 2006... LAS VEGAS -- Nevada FCU is partnering with the Las Vegas Fire & Rescue Foundation to provide Visa gift cards to needy residents to purchase emergency necessities. Firefighters and paramedics will give out the cards when they find residents...

New Gift Card Exchange Debuts.(Plastic Jungle )(Brief article)
October 9, 2006... FRESNO, Calif. -- Plastic Jungle launched a website that offers a secure marketplace to buy, sell, trade or donate gift cards. The company aims to fill a niche in the burgeoning gift card market that the National Retail Federation reports had...

CU Wins Work Force Training Grant.(Credit Union )(Jeanne D'Arc CU )(Brief article)
October 9, 2006... LOWELL, Mass. -- Jeanne D'Arc CU was one of 109 companies awarded state work force training grants. The credit union was granted a $138,355 matching grant to train 125 employees. The funds, provided through the Massachusetts Department of...

Fiserv Charters A Banking Boom.(Brief article)
October 9, 2006... BROOKFIELD, Wis. -- Despite a contraction of banking institutions over the past decade, there's been a veritable boom in new banking charters, with almost 1,500 de novo banks and thrifts chartered since 1995. The chartering fertility came...

The Ultimate In Personalized Service: Self Service.
October 9, 2006... PURCHASE, N.Y. -- First it was just bricks and mortar, then shared service centers, and then online banking. Now it's the best of all three service channels combined as more self-service kiosks are offering cost savings to credit unions along...

Dade County FCU Plans 16 Branches By 2010.(federal credit union )
October 9, 2006... MIAMI, Fla. -- It's an ambitious goal worthy of Bank of America: Dade County FCU wants to be no more than 10 minutes away from its members. To accomplish this goal, the credit union plans to expand to 16 branches by 2010, including its new...

Branch Assessment Model Shows Management's Differences.
October 9, 2006... ST LOUIS, Mo. -- From the "Great Minds (May Not) Think Alike" department comes a new diagnostic assessment tool called WayPoint that determines the alignment of senior management teams as it relates to its retail service and branching delivery....

Making Loose Change Count: How One CU Generates Cross Sales, Traffic With Coin Counters.(ORNL Federal Credit Union )
October 9, 2006... OAK RIDGE, Tenn. -- David Farmer collects a lot of coins. They just aren't his to keep. The ORNL Federal Credit Union CEO has five Coinstar coin counting machines in branches and plans on buying four more to serve members and the public...

Fort Community Puts Its Money Where Its Philosophy Is.(Fort Community Credit Union )
October 9, 2006... FORT ATKINSON, Wis. -- Fort Community Credit Union has gone beyond returning dividends to members, it's taken to concept of giving back to the community and made it the focal point of how it is different from banks. Fort Community CU CEO...

Product & Service.(Vineyard Financial and Diamond Valley Federal Credit Union)(Verid Integrates with TriCipher)(S1 Corp. Signs Professional Federal Credit Union)
October 9, 2006... Tranax Certified with Diebold FREMONT, Calif.-Tranax Technologies, ATMs were certified to run the Diebold 912 Transaction Emulation. The emulation allows Tranax systems to interact with ATM networks and is compatible with mainframe and...

Clearing House Targets 'Next Generation' Of Electronic Check Fraud.(National Clearing House)
October 9, 2006... DALLAS -- In a response to the next generation of check fraud, the National Clearing House (NCHA) has introduced a registry of image-survivable security marks for the processors of electronic checks. The registry will provide for much...

Maine CUs Hit The Airwaves.(Credit Union )(Brief article)
October 9, 2006... AUGUSTA, Maine -- The Maine CU League's fall television ad campaign debuted last week in the state's three largest markets, Bangor, Portland and Presque Isle. The three 30-second commercials, all bearing the tagline, "Maine's Credit Unions...

Ore. CUs Roll Out Ad Campaign.(Oregon's Credit Unions)(Brief article)
October 9, 2006... BEAVERTON, Ore. -- The Credit Union Association of Oregon's statewide "Oregon's Credit Unions: You Belong" campaign has moved to phase two with the launch of spot radio and print ads. The print and radio ads began Oct. 2 and followed the...