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FSCC announces new management team

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SAN DIMAS, Calif. (12/18/07)--Financial Service Centers Cooperative Inc. (FSCC) has promoted a number of its staff members to new management positions. “While shared branching remains our primary focus, some of our old titles and job descriptions just did not fit the new roles people are playing,” said Sarah Canepa Bang,
FSCC president/CEO. Staff promoted include:
* Bonnie Kramer, executive vice president and chief operating officer; * Veronica Desrosiers, vice president of finance/chief financial officer; * Gail Picken, vice president of business development and chief marketing officer; * Salvador Mendoza, vice president of network operations; * Amanda Smith, vice president of innovation and integration; * Martha Aragon, senior marketing manager; and * Don Denofio, senior sales manager.

CUNA Strohl renew biz continuity planning pact

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MADISON, Wis. (12/18/07)--Credit unions will continue to have access to Internet-based business continuity planning software and consulting services through the renewed strategic alliance between CUNA Strategic Services and Strohl Systems. Under the agreement, PLANet will be marketed to credit unions along with the following Strohl Systems consulting services: plan development, plan testing, plan evaluation, plan conversion, facility evaluation, and recovery readiness and review. PLANet allows credit unions to build, maintain and test plans. It helps meet audit and regulatory requirements related to business continuity planning and disaster recovery. issued by the National Credit Union Administration and the Federal Financial Institutions Examination Council. PLANet guides users through the planning process to ensure compliance, and provide assistance for each task and track progress. It includes the ability to have concurrent users and to create an unlimited number of plans. Plans can be customized for various branch locations and regions, as well as emergency response, crisis management, information technology recovery and pandemic planning. More than 700 credit unions use PLANet.

CO-OP announces 10th price cut in 10 years

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RANCHO CUCAMONGA, Calif. (12/18/07)--CO-OP Financial Services announced a 10th price reduction in 10 years that will affect Falcon Neural Network transaction scoring for signature and personal identification-number debit transactions. The decrease will result in an estimated $1 million in savings for CO-OP’s 2,800 member credit unions, according to the company. “We routinely survey the market and re-evaluate our pricing structure,” said Stan Hollen, CO-OP Financial Services president/CEO. “Our executive management team and board of directors felt it was important to provide our members with a reduction in the fraud and risk management area, because it remains a primary focus for the financial services industry.” CO-OP is a credit union services organization that provides ATM network access, ATM processing, debit and card services, and shared branching.