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ONTARIO, Calif. - To help slow down the upward trend of check fraud, CO-OP Network, the largest credit union electronic funds transfer network, will offer a new fraud detection/prevention product -Deposit Chek. In less than ten seconds, Primary Payment Systems' Deposit Chek dial-up MICR reader can detect everything from lost,...

RANCHO CUCAMONGA, Calif. - Credit union best practices in indirect lending will be the focus of CU Direct's annual Auto Lending Symposium that will be held June 20-21 at the Flamingo Hilton in Las Vegas. At a luncheon on June 21, the company will recognize participating credit unions for having...

ST. PETERSBURG, Fla. - ePSCU, the e-commerce unit of PSCU, a credit/debit/EFT CUSO owned by 510 CUs, held its first-ever Internet Forum recently. Just a year old, ePSCU, which offers e-com products such as electronic bill payment, has 150 CU clients. "ePSCU is very much for real and here to...

KILLARNEY, Ireland - A historic moment doesn't always need to be earth-shattering. However, a quiet historic moment took place before the World Council of Credit Unions' 2001 International Conference and Annual General Meeting where 25 representatives from credit unions and co-operative banks sat down to discuss shared values, differences and...

WEST PALM BEACH, Fla. - Corporate credit unions throughout the country - large and small - are reporting that their credit union members are now starting to move money out of overnight accounts and into longer-term corporate investments. With the inverted yield curve present for most of 2001, short-term rates...

As the story on page 1 shows, CU mergers have been plentiful in recent years. Often times when mixed mergers occur (mergers between federal- and state-chartered credit unions), the surviving credit union chooses to maintain the state-charter. Here is a look at the breakdown of state and federal surviving charters...

St. Anne's Credit Union, Fall River, Mass., has appointed the following employees: Monique Grace, vice president of lending; Richard Beaulieu, vice president of branch administration; Robert Dumas, vice president of MIS; Janice Barrette, senior loan administrator/secondary market officer; John Mitchell, director of human resources; Darlene Sampson, Somerset branch manager; Deborah...

FAIRFAX, Va. - Credit union data processor FedComp, Inc. here has launched, The Next Generation, its new Windows-based data processing solution. Pre-release sales launch started on June 1, 2001, and special pre-release pricing will be available for credit unions which sign up for the solution between now and September 1,...