Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products and Services briefs (02/11/2010)
* NORTH CANTON, Ohio (2/12/10)--ATM manufacturer Diebold declared a first-quarter cash dividend of 27 cents per share on all common shares. The dividend is payable on March 8 to shareholders of record at the close of business Feb. 22. The new cash dividend, which represents $1.08 per share on an annual basis, is an increase of 3.8% over the cash dividend paid in 2009 and marks the company’s 57th consecutive annual increase ... * INDIANAPOLIS (2/12/10)--Technology platform services provider fiVISION added three new products in 2009--Web Loan, Wire Transfer Automation and Health Savings Account (HSA) Enrollment--along with some enhancements to its current product line. Web Loan integrates the process of new membership and receiving a loan approval at the same time. autoENROLL, fiVISION’s HSA enrollment product, allows members to apply for an HSA account in five minutes. Applications can be made in person, over the phone or online. Wire Transfer Automation aims to simplify the processes associated with capturing, approving and sending wire transfer requests from members. fiVISION also signed and expanded services with several credit unions: Truliant FCU, Winston-Salem, N.C.; Digital FCU, Marlborough, Md.; Liberty Bay CU, Braintree, Mass.; and SB1 FCU, Philadelphia ... * PHILADELPHIA (2/12/10)--VINtek, a provider of automotive collateral management and electronic lien and title services for lenders, experienced record growth in all of its business lines in 2009--including direct-to-consumer lending; electronic loan transfer; outsourced automotive collateral management; and risk management services. VINtek added 137 clients to its roster, a 20% increase from 2008; grew revenue by 67%; and increased earnings by 161%. VINtek also launched a new version of VINtekTIME, its Internet-based system for paperless and paper-based automotive collateral management. By fourth quarter 2009, about 800 lenders used the service. The company also increased volume on its D2C platform by 40% over 2008, helping California pass legislation that requires all vehicle liens in the state to be paperless by Jan. 1, 2012. And it filed liens on more than 135,000 units of trucking rolling stock, securing a $1 billion credit line ... * GRAND RAPIDS, Mich. (2/12/10)--Xtend Inc., a Grand Rapids, Mich.-based credit union service organization, announced that sales during the three-month period ending Dec. 31 finished 68% above the same period in 2008. The record sales performance was due to strong sales across the board for all key business units, said Xtend President Scott Collins. Xtend services are used by 120 credit union organizations in 15 states ...


News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014
1 day ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers:
1 day ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow
1 day ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow
1 day ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU
1 day ago