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Products and Services briefs (02/05/2009)
* FAIRFAX, Va. (2/6/09)--Realtors FCU, Rockville, Md., has chosen its website host and developer. Realtors FCU is slated to open in May and will be the nation’s first Web-only credit union. Realtors’ website will be hosted by American Technology Services Inc. Also, L9, a credit union service organization in Vermont, will develop Realtors’ website. L9 was formed through a partnership between Level 9 Inc. and New England FCU, Williston, Vt. American Technology Services hosts websites, specializing in financial institutions ... * MADISON, Wis. (2/6/09)--The Filene Research Institute will offer free online access to its research to credit unions under $5 million in assets and access to credit unions between $5 million and $49 million for $99 (Focus Newsletter Feb. 2). Membership allows credit unions to download reports and access Filene’s research library ... * GRAND RAPIDS, Mich. (2/6/09)--CU*Answers announced that its core processing system, CU*BASE, has been upgraded to include a trending tool in its Contingent Liability Report. Contingent liability analysis searches areas where a credit union has commited to members to extend credit. It alerts credit unions when members are not using their credit limits. The tool helps credit unions increase loan balances by tracking their progress with lines-of-credit lending, the credit union service organization said. CU*Answers is located in Grand Rapids, Mich. ... * WACO, Texas (2/6/09)--Profiles International named Y-12 FCU, Oak Ridge, Tenn., as its client of the year during Profiles’ 2009 World Conference in Fort Worth, Texas, Jan. 15-17. Y-12 partnered with Profiles to increase revenues and reduce job turnover. Each year, Profiles honors clients who have taken a progressive approach to improving their employment issues through Profiles assessment and human resources management tools ... * SAN FRANCISCO (2/6/09)--CMG Mortgage Insurance Company (CMG MI) named Scott Romesburg director of underwriting, operations and information technology. Romesburg will supervise underwriting, claims, loss mitigation and quality control while developing, implementing and managing the company’s business applications and e-commerce functions nationwide. Romesburg joined CMG MI as director of information technology in 2007. He previously worked in information technology at PMI Mortgage Insurance Co., one of CMG MI’s parent companies. CMG MI operates as a corporate joint venture between CUNA Mutual Investment Corp. and PMI Mortgage Insurance Co. ...


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