WASHINGTON-After the terrorist attacks on the United States, military troops are being called into action. For the financial institutions of the armed forces personnel, this means adhering to the Soldiers and Sailors Civil Relief Act. The Act provides protections for individuals called into active duty immediately upon the date of...
FORT WORTH, Texas - State National Companies has launched a new real-time IVR system. State National's system links a new high-speed telecommunications server to the company's existing telephone system. The system's software developer also designed the specialized scripts according to State National's specifications. Internal IT staff created the real-time link...
DUBLIN, Ohio - When looking at where former CUs that converted to thrifts are today, it's tough to find a more unique story than the former Ohio Central FCU. The CU converted to a mutual savings bank in 1998, becoming Ohio Central Savings. On Friday Sept. 21 it received the...
PLANO, Texas - Not only did EDS contribute $1 million to The September 11th Fund of the United Way of America, it is also matching dollar-for-dollar up to $1 million of its employees' contributions. EDS is also sponsoring local United Way campaigns to raise additional money. The company said it...
SAN DIMAS, Calif. - If there's one thing that's plentiful in the credit union industry, it's conferences, which in turn means a bounty of conference speakers. One corporate isn't taking chances with the speaking skills of its potential speakers. The $16 billion WesCorp is conducting workshops for WesCorp employees, mostly...
WASHINGTON-The Dow Jones Industrial recorded record losses since it reopened the Monday following the terrorist attacks on the World Trade Center and the Pentagon. Airline companies are being forced to lay off approximately 100,000 people due to decreased demand. Can the U.S. economy recover from this staggering blow? According to...
ARVADA, Colo. - The $1.9 billion SunCorp Corporate Credit Union completed its first loan participation transaction. The $5 million auto loan participation was done with the $81 million Family First FCU. Back in April, SunCorp was granted NCUA approval to provide loan participation services. A number of other corporates were...
GLASTONBURY, Conn. - Open Solutions Inc. has launched OmniView, its new account aggregation service. It will be available to OSI's 700 financial institution clients through a partnership with Charlotte-based Adhesion Technologies, a global provider of aggregation technology. OmniView will be integrated into OSI's Open Community Network, a popular OSI e-commerce...
ARLINGTON, Va. - Credit unions in the Midwest are interpreting a broad range of legislative and regulatory issues as they look ahead to legislative sessions that will get underway in the weeks and months ahead. In particular, state chartered credit unions are examining how they can keep pace with the...
WEST PALM BEACH, Fla. - Credit unions serving the aerospace industry plan to do what they can to assist what could be hundreds of thousands of laid-off aerospace workers. The airline industry has been the industry most decimated by the terrorist attacks, losing billions of dollars since the tragedy. This...