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Power Financial CU offers online library

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PEMBROKE PINES, Fla. (7/19/10)--Power Financial CU has launched a free online Small Business Library for small-business owners who are looking for information on how to start or expand their businesses. “Starting a business is challenging, especially in today’s rough economic times,” said Allan M. Prindle, Power Financial president/CEO. “We want to be a pillar in this community to not only help small businesses with their financial assistance and guidance, but also to provide them with valuable resources to support their future growth.” Access to the library is available through the credit union’s website at www.powerfi.org. The library offers business plans, startup basics, money management basics, characteristics of great managers, marketing plans, and information on how to target customer niches. Power Financial CU, Pembroke Pines, Fla., has $480 million in assets.

CUC Mortgage goes green with e-docs

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ALBANY, N.Y. (7/19/10)--CUC Mortgage Corp., Albany, N.Y., is offering client credit unions the option to receive loan application disclosures and pre-closing mortgage documents electronically through a partnership with A La Mode Inc.’s SureDocs system. Credit union lenders can view, change and add signatures to electronic documents after logging into SureDocs’ website. CUC Mortgage can accept appraisal fees online, and credit unions can download documents, which are available for 90 days. Since CUC Mortgage launched SureDocs May 1, more than 70% of clients have opted to receive disclosure documents electronically and pay appraisal fees online. “We have heard nothing but positive feedback since the program was introduced,” said Richard Maxstadt, CUC senior vice president and chief operating officer. “It also brings us one step closer to writing totally paperless mortgages.”