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Products and Services briefs (03/04/2008)
* RANCHO CUCAMONGA, Calif. (3/5/08)--CO-OP Financial Services has named Patrick Wright as national relationship manager. He will oversee the Mid-Atlantic and Southeastern region, building partnerships with credit unions. Wright worked in the financial services industry for 10 years, including eight with a large credit union in Virginia, where he managed the self-service delivery channel. He will be based in Richmond, Va. CO-OP is a credit union service organization based in Rancho Cucamonga ... * PHILADELPHIA (3/5/08)--VINtek, a provider of automotive collateral management services for financial institutions including credit unions, recorded a record customer growth of 80% in 2007. The company also opened a second facility in Las Vegas and completed Electronic Lien Transform certification with the Departments of Motor Vehicles in George and South Carolina. VINtek’s growth can be attributed to the auto lending industry’s push for cost reductions, efficiency gains and reduced exceptions in the current credit environment, said VINtek President Larry Highbloom ... * PORTLAND, Ore. (3/5/08)--CU Business Group (CUBG) LLC representatives attended the Credit Unions for Kids Magic and Miracles auction held by the Credit Union Association of Oregon. CUBG bid on a Sony Playstation video game with a plasma monitor for $1,000. After winning the bid, the group offered the game and monitor back to Credit Unions for Kids so it could be donated to the Rogue Valley Medical Center children’s ward. Larry Middleman, president/CEO of CUBG, visited the hospital and delivered a $500 check from the Credit Union Association of Oregon to buy additional games for the children. CUBG also gave $1,000 in cash to Credit Unions for Kids. CUBG provides business lending, deposit and consulting services to credit unions nationwide, including 11 corporate credit union partners ... * WEST LAFAYETTE, Ind. (3/5/08)--CU*Answers, a credit union service organization based in Grand Rapids, Mich., has partnered with a solutions provider to offer its clients a solution to exchange information in a safe environment. Through its alliance with Passageways, CU*Answers will offer its clients the Passageways Corporate Portal Framework. The framework allows credit unions to organize and manage documents, content, websites and other knowledge bases ...


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