MIDDLETOWN, Pa. (6/12/08)--Mid-Atlantic Corporate FCU announced the formation of a new credit union services organization (CUSO), Sollievo Group LLC, to offer benefits and insurance services to credit unions. Sollievo will offer retirement programs, and executive and defined benefit pension plans. It also will work with credit unions looking to divest their defined benefit plans. The CUSO plans to offer credit union bond coverage, commercial and professional liability coverage, and property and casualty insurance. Ed Fox, retiring CEO of Mid-Atlantic Corporate, will head Sollievo. “There is a need for credit unions to have access to fairly priced, structured packages that focus on their specific concerns and challenges,” he said. Mid-Atlantic Corporate FCU is a corporate credit union that provides investment, lending and payment services, share draft and electronic bill payment processes to a national field of membership. It is headquartered in Middletown, Pa.
CHICAGO (6/12/08)--Digital Dialogue, a PSCU Financial Services company, signed a 10-year contract extension with Financial Service Centers Cooperative (FSCC) of San Dimas, Calif. The news was announced Wednesday at FSCC’s 2008 annual meeting in Chicago. FSCC and Digital Dialogue first partnered in 2003. FSCC is a credit union service organization that provides a shared branching network for credit unions that serve members in remote or distant areas. The FSCC shared branching network has 5,000 access points for credit union members. FSCC also has a call center, credit union kiosks, 2,000 7-Eleven kiosks and more than 2,900 branches nationwide. Digital Dialogue is a provider of financial call center operations and software solutions for credit unions. It developed custom-branded call center services for FSCC credit union members, including transactional support and customized greetings for each credit union.