Fynanz Tops 200 CU Lending PartnersNEW YORK-Fynanz, Inc., a provider of student loan marketing, education, origination and repayment solutions for lenders, said it added four CUs, raising its list of clients to more than 200 credit unions that are leveraging its private student lending technology: $376-million Sunmark FCU, Latham, N.Y., $725-million Los Angeles FCU, $1.9-billion Travis Credit Union, Vacaville, Calif., and $301-million CommonWealth One FCU, Alexandria, Va.For info: www.fynanz.comCUNA Mutual Names CIO 100 AwardMADISON, Wis.-CUNA Mutual Group said IDG's CIO magazine named the CUSO as one of its 2012 CIO 100 honorees, which recognizes organizations that exemplify the highest level of operational and strategic excellence in information technology. CUNA Mutual was honored for its Smartphone Loan technology, a mobile web application that enables credit union members to apply for a loan anywhere they take their smartphones.For info: www.cio.com or www.cunamutual.comCallahan Expands OwnershipWASHINGTON-Callahan & Associates announced an expansion of ownership, as Jon Jeffreys, VP of Callahan Financial Services, Jay Johnson, EVP, Alix Patterson, chief operating officer, and Scott Patterson, VP of new business innovation, joined Chip Filson and the Callahan Employee Stock Ownership Program as equity owners of the firm.For info: www.creditunions.comCovera Adds 83 ContractsALBANY, N.Y.-Since the Durbin interchange amendment took effect Oct. 1, 2011, Covera has added a total of 83 new CU contracts, the firm said, noting that 56 credit union clients entered into new contracts that added PIN processing with FIS in order to be compliant. An additional 13 credit unions signed new contracts to add NYCE as their second unaffilated POS network. Of the 56 credit unions, 14 also chose to provide additional value to their members by contracting with Covera to add access to CO-OP's surcharge free network.For info: coverasolutions.comCoastal selects STAR® NetworkATLANTA-Coastal FCU of Raleigh, N.C., has signed a multi-year agreement with STAR® Network for PIN-secured debit point-of-sale (POS) and ATM access to its cardholders.For info: www.star.comCU Adopts Teller Management SystemALPHARETTA, Ga.-Financial Management Solutions, Inc. (FMSI), said Warren Federal Credit Union has adopted FMSI's Teller Management System(tm), replacing its in-house staffing model. The CU said it outgrew its in-house model because it was designed only to prevent overstaffing, as opposed to dealing with more detailed staffing and scheduling requirements.For info: www.fmsi.com

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.