Press Center

Washington, D.C. (March 8, 2010) – With escalating delinquencies and write offs, examiners and auditors continue to zero in on how credit unions determine their allowance for loan loss (ALL) – and whether those provisions are adequate. To help credit unions respond and ensure a well-thought-out strategy, Callahan & Associates has partnered with Sacher Consulting. Together, they are offering a comprehensive package that includes a customizable ALL policy, consulting and access to relevant webinar...[Read Full Release]

One small Change Can Reduce Expenses And Help You GO GREEN Replace Expensive Drive-Thu Envelopes?? St. Charles, IL (March 8, 2010) – One small change to reuse in lieu of refuse is helping financial institutions across the country help the environment. For the last 30-40 years, financial institutions have been using single-time use paper drive-up envelopes to return receipts and/or money to their customers in drive-thru lanes. Not only is this a harmful to the environment but it is la...[Read Full Release]

With short term rates anticipated to be low for extended periods of time, managing credit union investments will require difficult decisions for credit union professionals. In an effort to educate the credit union community, Goldman Sachs Asset Management and the Trust for Credit Unions Mutual Fund Family are hosting an educational webinar series this spring titled: "Fixed Income University." ...[Read Full Release]

Thirty nine members of the U.S. Congress have provided their support for the 2010 Credit Union Cherry Blossom Ten Mile Run® by signing up as Honorary Race Chairs. These legislators represent 22 states and the District of Columbia. The run will be held in the nation’s capital on Sunday, April 11. ...[Read Full Release]

Now is the time for credit unions to take full advantage of social media, says Market and Sales Logic CEO Kristin Witzenburg, publisher of Money Matters magazine....[Read Full Release]

Michigan First Credit Union (www.MichiganFirst.com) today announced recent enhancements to its online banking services, including new personal finance management (PFM) capabilities, such as Twitter alerts. Michigan First continues to look at new ways to make banking easy and convenient for its members....[Read Full Release]

Huntsville, AL, March 8, 2010 – DeepTarget Inc. (www.deeptarget.com) today announced that Colorado-based Electrical Federal Credit Union and Alabama-based Wolverine Credit Union have selected DeepTarget OLB for targeted marketing within their online banking environment. They join ten other recent customers with EPL’s online banking platform. In addition, other EPL clients are currently in the evaluation phase for DeepTarget. Todd Proulx, EPL’s Vice President of Sales, said "DeepTarget is ...[Read Full Release]

NASA Federal Credit Union takes Polar Bear Plunge to supporting the Maryland Special Olympics. ...[Read Full Release]

Eugene Rosen Leaves Legacy of Impressive Credit Union Career...[Read Full Release]

Impara Joins ACG as Chief Financial Officer, Chief Operations Officer ATLANTA, GA — ACG, a trusted provider of cost-effective bank branch solutions to financial organizations since 1986, is pleased to announce that Dave Impara has joined our team as Chief Financial Officer (CFO) and Chief Operations Officer (COO). ...[Read Full Release]

Rockwell Joins ACG as Southeastern Account Manager ATLANTA, GA — ACG, a trusted provider of cost-effective bank branch solutions to financial organizations since 1986, is pleased to announce that Alison Rockwell has joined our team as an Account Manager. ...[Read Full Release]

DALLAS, TX — Morphis® Inc., the world leader in global currency supply chain management software, today announced that the newest version of its application, Morphis® 7.2, works with Microsoft Windows® 7. "When our customers choose to move to Windows 7 – we’re ready," said Doug Deitel, Morphis CEO. ...[Read Full Release]

MorphisONLINE.com Delivers Low-Cost Solution for Financial Institutions and Businesses DALLAS, TX — Morphis® Inc., a leading global provider of currency supply chain and payment management software, today announced the immediate availability of MorphisONLINE/ATMCash, its new browser-based ATM cash forecasting tool. ...[Read Full Release]

March 1st marks the beginning of Northwest Federal Credit Union Foundation’s (NWFCU Foundation) scholarship season. Running through April 15th, the NWFCU Foundation is set to award $90,000 through their two scholarship programs; the Ben DeFelice and the CIRA scholarships. Since the scholarship program’s first recipients were honored in 2005, the NWFCU Foundation has awarded a total of $239,000. ...[Read Full Release]

Users gain easier access to the reporting tools within the web-based software. Organizations using COL will be able to better communicate, stay on schedule, and be accountable for pending projects....[Read Full Release]

Priority Integrated Marketing, in partnership with the Arizona Credit Union League, is offering a free webinar to CEOs and Marketing executives on Tuesday, March 16, 2010 from 10:00 AM - 11:00 AM MST. ...[Read Full Release]

Each year, Bay Federal Credit Union employees nominate a few exceptional coworkers for the Service Excellence Award, an honor that recognizes one or two Bay Federal employees for outstanding service to colleagues, Credit Union members, and the community. Carrie Birkhofer, President and CEO of Bay Federal Credit Union, announced the winners: Allen Wan and Jeffrey Reyes....[Read Full Release]

Eastern Corporate Federal Credit Union (EasCorp) and its wholly-owned subsidiary, Vertifi Software, LLC, (Vertifi) announced today that they have expanded their remote deposit capture service for smart phones, known as DeposZip Mobile™, by developing a downloadable software application for Google’s Android platform....[Read Full Release]

Jeanne D’Arc Credit Union is mourning the passing of two of its distinguished Board of Directors, Mr. Andre Gagnon, Board Director 1974 - 2010 and Mr. Raymond Anstiss Sr., Board Director 1978 – 2010. "It has been a challenging couple of weeks as we have lost two great men that helped shape Jeanne D’Arc Credit Union and were instrumental in our passion to serve members," said Mark S. Cochran, President and Chief Executive Officer of Jeanne D’Arc Credit Union. "We are thankful for their many...[Read Full Release]

Clayco Inc. has announced the completion a new 5,600-square-foot branch in Kennewick, Wash., for Gesa Credit Union. Designed and built to rigorous Leadership in Energy and Environmental Design (LEED) standards for sustainable building design and performance, the branch features significant energy and water savings....[Read Full Release]