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Products and Services briefs (05/07/2008)
* ALBANY, N.Y. (5/8/08)--Universal Sharing Network (UsNet) announced an incentive plan to help defray the upfront costs related to becoming a network participant. Under the plan, any new participating credit union can receive combined incentives equal to the up-front costs of purchasing their data processor’s shared branching interface. The total incentive package may be worth up to $25,000. The offer is available to credit unions entering a contract with UsNet through Dec. 31. “We recognize that the initial investment necessary to acquire the shared branching interface from data processors can be significant,” said Jim Doig, UsNet board chairman and president/CEO of Sidney FCU. “UsNet is excited to be in a position to help credit unions with this incentive plan.” ... * BOCA RATON, Fla. (5/8/08)--Multi-Media Products announced that Card Services for Credit Unions (CSCU) was featured on 21st Century Business Sunday. CSCU was founded in 1989 when 455 credit unions united to establish a card processing association dedicated to helping credit unions. Today, CSCU has more than 3,200 member credit unions with more than 12 million Visa and MasterCard accounts ... * ST. PETERSBURG, Fla. (5/8/08)--PSCU Financial Services announced that it supports VMAlliance, a risk management resource vendor sponsored by the Credit Union Information Security Professionals Association (CUISPA). The consortium, www.vmalliance.org, will go live during the second quarter of 2008. VMA provides resources and online tools to help credit unions manage requirements for vendor due diligence, risk assessment, monitoring and regulatory compliance ... * GRAND RAPIDS, Mich. (5/8/08)--CU*Answers, a credit union service organization (CUSO) in Michigan, has been chosen by the National Association of Credit Union Services Organizations (NACUSO) to receive the CUSO Collaboration and Innovation Award. The award is given to CUSOs that exhibit excellence in innovation in using the collaborative model to bring new solutions to the credit union industry. CU*Answers was judged on though leadership and critical thinking, collaboration, innovation in organization design, implementation and execution, and results ...


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