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Products and Services briefs (08/15/2008)
* PORTLAND, Maine (8/18/08)--Steven Bailey, Quantrix consulting manager, will speak at the 2008 American Association of Credit Union Leagues (AACUL) Finance and Administration Conference Aug. 20-22 in Austin, Texas. Quantrix provides business modeling software to 50 countries including the U.S. Bailey has more than 10 years’ experience in accounting and finance. “This year’s conference will feature a discussion on technologies and best practices for developing high-quality budgets and forecasts,” said Jason Norton, AACUL director of league relations ... * GRAND RAPIDS, Mich. (8/18/08)--Xtend, a credit union service organization, and CU Insurance partnered to provide Term Source, a life insurance program, to CU Insurance’s 165 credit union partners. Term Source is an online application and quoting engine for term life insurance. Members can visit their credit union’s website and apply for life insurance. Carriers include MetLife, North American and West Coast Life ... * SECAUCUS, N. J. (8/18/08)--NYCE’s SUM selective ATM surcharging program has expanded into the Chicago metropolitan area. NYCE, a Metavante company, announced that 15 community banks signed onto the network. SUM, which is provided by the NYCE Payments Network, allows cardholders to make surcharge-free withdrawals at 2,900 ATMs nationwide ...


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Access to Affordable Mortgages Act passed by Hse Fin Serv. 31-23.CUNA says bill gives CUs reg relief & incr. access to mortg credit.
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Bill sponsor said will support amndmt to incl. NCUA in the study & delay the agency's risk-based capital plan b4 full House vote. 2of2
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FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
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