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Agility Recovery delivers generator to CU hit by Dolly

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McALLEN, Texas (8/1/08)--Security 1st FCU, McAllen, Texas, lost power at one of its branches after Hurricane Dolly hit Texas July 23--but was able to continue serving members with the help of a generator provided by Agility Recovery Solutions. The credit union had decided to close down its branches July 23 because of weather reports, Al Beltran, Security 1st president/CEO, told News Now. Agility kept in touch with the credit union before the hurricane actually landed that day, and assured them that it would be available to help. “I was very pleased with their commitment to stay in touch,” he said. “They kept in communication with me to make sure I was okay.” After the storm hit, Beltran surveyed the damage at each of the branches. Most of the branches were able to regain power quickly--except for the Harlingen branch. Beltran contacted Agility for a generator, and Agility delivered it to the branch July 25. The branch opened the next day, and with the generator, the credit union was “back in business,” Beltran said. Harlingen regained power Monday. Agility promptly picked up the generator, Beltran said. Security 1st has been with Agility for one year. “They seem to be a little more caring and willing to help,” Beltran said. “I’m pleased.”

Intuit Online Payroll for small businesses offers video tutorial

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MOUNTAIN VIEW, Calif. (8/1/08)--Intuit Online Payroll is providing a free video tutorial on how to set up and run a payroll online. The tutorial is available at www.intuitonlinepayroll.com/video. “What businesses want is a simple and easy experience that gives them the confidence that payroll is done right,” said Cameron Schmidt, Intuit Payroll Division. Inuit is a provider of business and financial management solutions for financial institutions, including credit unions.

ATM maker Triton Systems sold to Korean company

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SEOUL, Korea (8/1/08)--Off-premise ATM maker Triton Systems will be bought be Nautilus Hyosung, which is based in Seoul, Korea. Nautilus announced the acquisition of the Long Beach, Miss.-based Triton Wednesday. The purchase is expected to close by the third quarter of 2008. Financial terms were not made available (Self-Service.org July 30). Triton is not expected to change its brand or manufacturing facility, Alicia Blanda, Triton spokesperson, told Self-Service. Triton is an ATM manufacturer and a competitor of Nautilus. Sam Ditzion, CEO, Tremont Capital Group, a strategic planning and merger and acquisition consultancy in Boston, said the move will be good for the industry and Nautilus. It also is a step toward market consolidation, he told the media outlet. He said he expects the price of ATMs to rise because there is not as much market competition.

VINteks revenue up 39 over last year

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PHILADELPHIA (8/1/08)--VINtek, a provider of automotive collateral management services for credit unions, announced that its revenue for the first six months of 2008 increased a record 39% compared with the same time period last year. A significant contributor to the growth is the increased transaction volume realized in VINtek’s direct-to-consumer platform. The platform provides lenders with Web-based document presentment to consumers and lien perfection for vehicles financed through private party purchases, existing auto loan refinances, lease buy-out financing and dealership sales. Since January, 230 customers signed up with VINtek. From July 2007 to June 2008, VINtek’s customer base increased more than 200%. VINtek is based in Philadelphia.