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Free economic webinar from CUNA June 29

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MADISON, Wis. (6/3/10)--The Credit Union National Association (CUNA) will offer a free webinar June 29 on the state of the economy and its impact on credit unions. CUNA also is offering several other economic-related events, including a conference, for credit unions. The webinar, “Economy & Its Impact on Credit Unions” will be offered from 2 p.m. to 3 p.m. CT. Credit unions will receive an update on current events, issues, and statistics to help plan for the future. Participants also can comment in an open forum on local conditions and how they’re affecting the organization. Feedback from credit unions will help shape the CUNA Economics and Investments Conference in August, CUNA said. The Economics and Investments Conference will be Aug. 8-11 in Boston. Attendees will learn key factors shaping the U.S. economy, obtain practical tools for managing credit union finances, gain investment strategies to stay competitive, develop asset-liability management techniques and understand regulatory issues affecting credit unions. CUNA also is offering the Pressing Economic Series, featuring Bill Hampel, CUNA senior vice president of research and policy analysis and chief economist; Mike Schenk, CUNA vice president of economics and statistics; and Steve Rick, CUNA senior economist. The series has 12 sessions in a 30-minute update during the first week of each month. Credit unions can purchase one subscription to attend all sessions or purchase individual recordings of the sessions. To view the June session for free, use the link.

Auto mortgage lending focus of symposium

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ONTARIO, Calif. (6/3/10)--Auto and mortgage lending topped the agenda of CUDL and Prime Alliance’s recent Driving Home Auto and Mortgage Lending Symposium for credit unions in Las Vegas May 4-7.
Click to view larger image CUDL President/CEO Tony Boutelle addresses credit union attendees during the CUDL and Prime Alliance Auto and Mortgage Lending Symposium in Las Vegas.(Photos provided by CUDL)
More than 400 individuals from 150 credit unions attended. Speakers included Jason Jennings, an author and business authority; Jason M. Dias, a trainer consultant and Generational Marketing and Management expert; Patrick Adams, president of St. Louis Community CU; and Steve Rizzo, personal development guru and motivational speaker. Other presenters included:
* David Lo, director of financial services, JD Powers; * Mike James, chief operating officer, Lending Insights; * Kelly Kent, senior product manager of decision sciences, Experian; * Melinda Zabritski, director, automotive credit, Experian; * Jeff Lazerson, president, Mortgage Grader; * Howard Banker, executive director, Fair Mortgage Collaborative; * Jon Schrock, national accounts director, Manheim; * Mark Coleman, national sales manager, GE Capital; * Tom Millon, president/CEO, Capital Markets Cooperative; and * Jeff Harry, executive vice president, Capital Markets Cooperative.
These credit unions were awarded the 2009 CUDL Best Practices Award:
* Erie (Pa.) FCU; * Hermantown (Minn.) FCU; * OnPoint Community CU, Portland, Ore.; * Security Service FCU, San Antonio; * Texans CU, Richardson, Texas; and * Tulsa (Okla.) Teachers CU.
Click to view larger image Jason Dias, president of Eloquent Online, talks to credit unions during a keynote session at CUDL-Prime Alliance Auto and Mortgage Lending Symposium.
Citadel FCU, Thorndale, Pa., and The Golden 1 CU, Sacramento, were presented the CUDL Diamond Award for advancing their auto lending programs. Prime Alliance honored First Tech CU, Beaverton, Ore.; Ent FCU, Colorado Springs, Colo.; Member Mortgage Services, Farmington Hills, Mich., and Tower FCU, Annapolis Junction, Md., for their achievements in mortgage lending. Prime Alliance is a credit union service organization that focuses on credit union mortgage lending. CUDL is a provider of auto lending solutions for credit unions.

Diebold to add skimming protection to ATMs

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NORTH CANTON, Ohio (6/3/10)--Diebold is adding protection solutions to its ATM machines to prevent card skimming, which is one of the largest fraud threats against ATMs worldwide. Skimmers are devices--often undetectable--that criminals attach to ATM card readers to record the information stored on a card’s magnetic stripe. The information is used to create cloned cards and conduct fraudulent transactions. Diebold’s ATM Security Protection Suite offers anti-skimming and monitoring, with five levels of protection to guard against skimming, specifically:
* Level one offers basic protection and includes ATM card reader security features specially designed to deter skimmer attachments; * Level two provides skimming detection technology that generates an alert when a fraudulent device has been added to a terminal; * Levels three and four prevent the capture of card information by emitting an electromagnetic field to interfere with a skimmer’s ability to capture data; and * Level five includes Diebold’s ATM SkimmingAlert Monitoring Service, which provides e-mail alerts and text alerts to card owners from the Diebold Monitoring Center.
Diebold, a CUNA Strategic Service, is based in North Canton, Ohio.