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First 2011 Discovery webinar to check economys pulse

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MADISON, Wis. (2/25/11)--CUNA Mutual's first Discovery Webinar of 2011, to be held March 17, will feature insights about the road to economic recovery and the risks that remain. The free session, "Is It Over Yet … Or is This the Calm Before Another Economic Storm." will be presented by Dave Colby, CUNA Mutual chief economist, at 12:15 p.m. CT. He will share his economic and credit union forecasts, discuss their operational implications, and review key risk factors for the recovery and credit unions' long-term role in consumer finance. Multiple employees of individual credit unions can join the session. Registration is open through March 17. Other 2011 Discovery events include:
* April 18: Lending Trends, presented by Dan Kaiser; * May 24: Technology Strategies and Trends, presented by Rick Roy; * June 18-21: Discovery sessions offered at the Credit Union National Association's America's Credit Union Conference (ACUC); * July 19: Regulation double-feature, presented by Bill Klewin and Brad Pricer; and * Oct. 4-2: Second Annual Online Discovery Conference.
CUNA Mutual Group insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide.

CU Members Mortgage restructures operations

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DALLAS (2/25/11)--CU Members Mortgage has restructured its operations and management team. While all four regional offices will continue to serve credit unions and their members in originating home loans, the management team has been centralized in the company’s Dallas office to oversee direct lending, correspondent lending and sales. As part of this restructuring process, CU Members Mortgage divided its partnership levels to focus on its Mortgage Ease I and II partners, which it now refers to as the direct lending department, and Mortgage Ease III and IV partners, now referred to as the correspondent lending department. With the restructuring, CU Members Mortgage also announced these management changes:
* Matthew Abbink has been named vice president of direct lending; * Randy Shannon has been named vice president of correspondent lending; and * Vice President/National Sales Lorraine Lachapelle will relocate from the California office to Dallas.
CU Members Mortgage provides comprehensive mortgage services to more than 1,000 credit unions, CUSOs and leagues nationwide.

New program launched to help CUs cross-sell

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BOCA RATON, Fla. (2/25/11)--Tranzact Information Services has launched Loyalty Assurance, a new program that helps credit unions identify cross-selling opportunities in near real time. Tranzact IS’ Loyalty Assurance program leverages credit inquiries from all three bureaus to identify members who are actively seeking an auto loan, mortgage, credit card or installment loan. To demonstrate the program, Tranzact IS is offering credit unions a complimentary opportunity analysis that offers insight into the credit inquiry activity within their membership during the past 30 days. The free evaluation outlines activity by inquiry type, state, and credit bureau, and identifies members who would meet qualifying credit criteria.

CU 24 selects FIS for switch services

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TALLAHASSEE, Fla. (2/25/11)--Credit Union 24, the U.S.’s largest credit union-owned ATM and point-of-sale network, will has selected FIS for switch services for its participating credit unions. FIS, based in Jacksonville, Fla., serves more than 14,000 institutions in about 100 countries. “We have conducted an extensive analysis to evaluate the options for delivering even greater value and flexibility to our credit union-owned network considering market changes and the growing regulation of the financial environment,” said Jim Park, president/CEO of Credit Union 24. “It is clear that FIS’ switch capabilities are a good fit for Credit Union 24’s overall strategy of providing industry-leading payment products and services needed to navigate an increasingly complex and competitive market,” Park added.