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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
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MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

Products Archive

Products

DeposZip and FSCC team up on remote deposits

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BURLINGTON, Mass. and SAN DIMAS, Calif. (9/4/08)--Credit union members who submit checks from their desktops will be able to post those transactions live after Eastern Corporate FCU (EasCorp) and Financial Service Centers Cooperative (FSCC) joined forces to automate select DeposZip back-office activities. EasCorp and FSCC created an electronic interface that connects all DeposZip users with the national shared branching network. “Using FSCC’s shared-branching platform, DeposZip will operate in a ‘real time’ environment,” said Alan Bernstein, EasCorp senior vice president of business development and strategic planning. “With the capability of the shared-branching interface, members’ checks deposited via DeposZip will be routed through the FSCC network for instantaneous posting, so credit unions can offer immediate credit.” The platform will save credit unions time and eliminate the possibility of human error, he said. “Credit unions on the FSCC network can use their existing shared-branch interface to offer DeposZip, and we’re able to speed up the implementation process,” said Bonnie Kramer, FSCC executive vice president and chief operating officer. EasCorp has more than $2 billion in assets. It provides credit unions with deposit, loan and investment services, including DeposZip. FSCC offers the Shared Branch Network with 5,000 full-service deposit-taking locations in the U.S. and overseas.

Free webcast addresses teller automation in branches

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MADISON, Wis. (9/4/08)--Credit union professionals can find out how teller automation can help achieve branch transformation goals through a free webcast from CUNA Strategic Services and Diebold. “Teller Automation and the Branch Revolution” will take place Sept. 11 at 1 p.m. (CDT) for operations professionals and key decision makers interested in branch transformation. The webcast will outline:
* Current ideas and market trends driving the branch revolution; * Efficiencies of teller automation in the modern branch; * Member-centric tools and resources for implementing teller automation; and * Implementation strategies and results.
A representative from Star One CU, Sunnyvale, Calif., will discuss the credit union’s use of teller automation to achieve branch revolution goals and why it chose Diebold. Star One has $3.7 billion in assets. For more information, use the links.

Finance Express announces alliance with OAG Indirect

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RANCHO SANTA MARGARITA, Calif. (9/4/08)--Finance Express announced that OAG Indirect has agreed to join the Finance Express Web-based Dealer Management System. Finance Express is a provider of web-based financial services and technology for independent auto dealerships. OAG Indirect offers retail financing through a network of credit unions. “Over the past several months, we have introduced an exclusive and power lead program, integrated Route 66 Vehicle Service Contracts, expanded our dealer website products and added Manheim Market Reports to our existing vehicle valuation services,” said Dave Huber, Finance Express president. “Dealers have the opportunity to participate in nearly a dozen different live courses from ‘Understanding Subprime Finance’ to ‘Selling Techniques for Extended Service Contracts’--all free of charge to Finance Express dealers,” he added. “Credit unions have established themselves as the model of stability in the lending world,” he added.