Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
13 CUs sign up for alternative corporate service
BISMARCK, N.D. (12/30/10)--Thirteen credit unions have committed to ProDraft Services Inc.’s corporate credit union alternative system--which requires no capital commitment from user credit unions. ProDraft was developed to provide services to credit unions that do not want to re-capitalize corporate credit unions, but who still want to be part of a credit union system. The service provides an alternative with little change in a credit union’s internal operations and at costs similar to those of corporate credit unions, ProDraft said in a press release. The service leverages ProDraft’s relationship with Fifth Third Bank. ProDraft Services Inc. is a credit union service organization owned by 38 credit unions that provides item processing, remote branch capture and correspondent service solutions. The company was formed as a credit union service organization in April 2009, but has been providing services to credit unions since 1985, first as part of the North Dakota Credit Union League Service Corp. and then as a division of Midwest Corporate FCU.


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
12 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
12 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
13 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
14 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
14 hours ago