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Products and Services briefs (04/22/2009)
* ATLANTA (4/23/09)--Credit Union Service Corp., which operates as CO-OP Shared Branching, re-elected three members to its board of directors. Dick Ensweiler, president, Texas Credit Union League; Karol Griffin, board president, Credit Union Centers of Indiana; and John Radebaugh, president/CEO, North Carolina Credit Union League, were elected to three-year terms. CO-OP Shared Branching represents 80% of credit unions participating in shared branching ... * BROOKFIELD, Wis. (4/23/09)--Fiserv announced an outsourcing service to help large and mid-sized financial institutions--including credit unions--reduce their automated clearinghouse (ACH) processing costs. Fiserv already has outsourcing services for smaller institutions, but will offer a more robust version for larger institutions. Three models are available: hosted services, in which Fiserv runs the institution’s existing platform at the Fiserv Data Center; ASP, in which Fiserv hosts and performs various operational functions for the bank on a Fiserv software processing platform; and BPO, in which Fiserv hosts and runs all aspects of an institutions’ ACH processing. Fiserv is an information management technology provider based in Brookfield, Wis. ... * PHILADELPHIA (4/23/09)--VINtek announced that it processed a record number of lien applications from financial institutions for commercial vehicles, including tractors, trailers and other rolling stock. The record represents the highest volume of lien perfection applications VINtek has filed in 20 years. VINtek is a provider of automotive collateral management services and direct auto finance solutions for credit unions and banks ... * DENVER (4/23/09)--Credit Union Resource Group (CURG) has reelected two members to its board: Kerry Spradling, White Crown FCU, and Elizabeth Stetz, president/CEO of W.E.S.C. FCU to three-year terms. The elections took place during CURG’s annual meeting April 9. Others elected to leadership positions include: Chairman Horacio Peralta, president/CEO, B.C.S. Community CU, Wheat Ridge, Colo.; Vice Chairman, Bill Becker, public affairs manager, Norbel CU, Fort Collins, Colo.; Treasurer Steve Pearson, president/CEO, Fellowship CU, Lamar, Colo.; and Secretary Elizabeth Stetz, president/CEO, W.E.S.C. FCU, Casper, Wyo ...


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