Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUs add member accounts after automating financial services
COSTA MESA, Calif. (3/10/09)--Associated CU, Norcross, Ga., and First Entertainment CU, Hollywood, Calif., experienced an increase in new member accounts after automating their financial services. First Entertainment accepted 154 new accounts, and Associated added 1,790. Also, “we’ve seen an increase in volume in our mortgage lending and secondary products like home equity loans,” added Jeffrey Bergum, Associated CU. Associated offers primary savings and checking accounts online, but hopes to expand to retirement accounts, holiday accounts and other products, Bergum said. Both credit unions automated their financial services through MeridianLink’s Opening Act, which can read and integrate live credit union data to improve document underwriting and opportunities to cross-sell products. MeridianLink, based in Costa Mesa, Calif., provides business solutions for the financial services industry.


RSS





print
News Now LiveWire
.@edmunds says the week between Christmas and New Year's is the busiest car shopping time of the year.
31 minutes ago
.@CFPB sues Sprint for cramming 3rd-party service fees onto consumers' bills http://t.co/mhlMWqLKku
50 minutes ago
#HomeDepot #databreach lawsuits consolidated in Georgia http://t.co/A4bei5z0mV
1 hours ago
Pennies, nickels cost more to make than they are worth @usmint report http://t.co/FOT51DF8v2
1 hours ago
Strong biz lending leads 3Q loan growth at Minn. #creditunions http://t.co/DKYjyj6iC3
3 hours ago