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Products and Services briefs (01/02/2008)
* STOCKTON, Calif. (1/3/08)--Community First CU, Santa Rosa, Calif., has joined four other credit unions in a consortium to offer online banking services to members (Central Valley Business Times Dec. 27). Credit Union Shared Resources comprises Allied CU, Stockton; First FCU and Community Trust CU, Modesto; and Tracy FCU, Tracy, to purchase hardware and other applications that the credit unions could not afford individually. The cooperative system could handle another 20 similarly sized credit unions, according to Frank Michael, Allied CU CEO. The credit unions average $50 million in assets … * ALBANY, N.Y. and GLASTONBURY, Conn. (1/3/08)--Rivermark Community CU of Beaverton, Ore., announced that it selected StreamLend Velocity, an end-to-end loan origination system by IA Systems. The company is an Open Solutions business unit and provider of lending software. With Velocity, Rivermark can make instant offers to new members for credit cards or auto loans. The system offers security and compliance tools to keep data safe, and integrates with supporting programs or websites such as Kelley Blue Book. Rivermark Community CU has $370 million in assets … * SAN DIEGO (1/3/08)--The Mortgage Licensing Group (MLG) announced that LicenseTracker is now available. Mortgage lenders using LicenseTracker can track and manage their company license process. The solution notifies companies of their license renewals and deadlines and tracks the process of each license on company, branch office and loan officer levels. The application will maintain licenses while staying compliant with regulatory developments through LicenseReady. MLG provides licensing services to lenders nationwide … * RIVERSIDE, Calif. (1/3/08)--Altura CU, Riverside, has previewed a new product by Websense to protect the data of its members by focusing on the data, not the devices and ports. The solution will provide new levels of protection, said Glen Chzras, Altura vice president of technology. The solution is an Open Endpoint Initiative that integrates the Websense Content Protection Suite. Altura currently uses the Content Protection Suite to guard its data. Websense also announced that it has partnered with Lumension Security and is expanding its Content Protection Suite to the endpoint. Websense products protect an estimated 42 million employees from external and internal computer security threats, according to the company …


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