SWBC Approved As GNMA Issuer
SAN ANTONIO-SWBC said SWBC Mortgage Corporation has been approved as a Government National Mortgage Association (GNMA) issuer in the U.S. Department of Housing and Urban Development's Ginnie Mae I and II single-family mortgage-backed securities program, meaning it can service Veteran's Affairs (VA) and Federal Housing Administration (FHA) loans.
For info: www.swbc.com
CU Companies Has Record Financials
NEW BRIGHTON, Minn.-CU Companies reported a record-setting fiscal year, which ended Aug. 30, 2012, with revenue up 120% and net income up by 600% from the previous year.
For info: www.cucompanies.com
CU Members Mortgage Signs 9 Clients
DALLAS-CU Members Mortgage said it continued its 2012 client-signing boom by adding nine more credit union partners during the third quarter after signing 22 credit unions during Q2 and 11 in Q1.
The newest nine are: $176-million POPA FCU, Cerritos, Calif.; $250-million Benchmark FCU, West Chester, Penn.; $115-million PPL Gold CU, Allentown, Penn.; $76-million Members Advantage Community CU, Barre, Vt.; $569-million Corporate America Family CU, Elgin, Ill.; $92-million Alliant CU, Dubuque, Iowa; $25-million Family Focus FCU, Omaha, Neb.; $14-million Elkhorn FCU, Helena, Mont.; and, $34-million Ravalli County FCU, Hamilton, Mont.
For info: www.cumembers.com
Credit Control Earns Recognition
WASHINGTON-NAFCU Services Corporation said Credit Control, LLC has become a Preferred Partner for consumer and commercial loan recovery services.
Credit Control serves more than 450 clients nationwide, with expertise in financial services and other industries including government, commercial, healthcare, education and utilities.
For info: www.nafcu.org/nafcuservices or www.credit-control.com
cuautocoupon Offers $300 Coupon
HAUPPAUGE, N.Y.-cuautocoupon Inc. launched a new incentive to enable credit union members to save $300 off their best deal on their next car purchase. Once the member accesses the coupon, his/her credit union will be notified in real time, according to the company.
For info: www.cuautocoupon.com
Superstorm Sandy ATM Fees Credited
ATLANTA-Following the devastation of Hurricane/Superstorm Sandy, First Data Corporation is assisting its Money Network account holders by crediting ATM fees incurred on Money Network Cards between Oct. 29 and Nov. 5 in the 14 states affected by the storm.
For info: www.firstdata.com
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Red Canoe CU Selects FMSI
ATLANTA-Financial Management Solutions, Inc., a provider of business intelligence solutions, said $585-million Red Canoe CU, Longview, Wash., has adopted FMSI's Teller Management System to streamline branch transaction analysis and optimize its workforce at its seven branch locations.
For info: www.fmsi.com
CSCU Seeks CAMEO Awards Applicants
TAMPA, Fla.-Card Services for Credit Unions has opened nominations for its 2013 CAMEO Awards, inviting member credit unions to enter their most innovative, resourceful and effective marketing campaigns. CSCU will sponsor the winners to attend its 2013 Solutions Conference, scheduled for April 24-28 in St. Petersburg, Fla.
For info: www.cscu.net/CAMEOentryform
myCUmortgage Sets New Record
FAIRBORN, Ohio-myCUmortgage said its partner credit unions established a new record for mortgage lending in October 2012 by closing more than 1,200 loans for $165 million in the month. Year-to-date in 2012, myCUmortgage partner credit unions have helped more than 9,000 members attain nearly $1.2 billion in mortgage loans.
For info: www.mycumortgage.com
Solutions In Finance SVPs Honored
LOS GATOS, Calif.-Solutions in Finance, Inc., announced SVP Gary Fee and SVP
Chuck Anderson have been recognized as Emeritus Leaders for the CUNA Lending Council. The pair will lead a national peer-to-peer benchmarking study for the benefit of the Council and the CU industry, to be presented at the 2013 CUNA Lending Council Conference next November.
For info: www.solutionsinfinance.com
Conference Discount Rates Offered
CHICAGO-Member Loyalty Group said its Loyalty Live conference has joined forces with the Net Promoter Conference in 2013. Interested credit unions can attend the 7th Annual Net Promoter Customer Experience Conference at a significantly discounted rate through Member Loyalty Group's relationship with Satmetrix.
For info: www.memberloyaltygroup.com
National MI Now Approved In California
EMERYVILLE, Calif.-National Mortgage Insurance Corporation announced it has received approval from the California Insurance Department to write mortgage insurance in the state.
For info: www.nationalmi.com
CIS, Multi-Bank Securities Partner
IRONDALE, Ala.-Corporate Investment Services, Inc., a wholly-owned CUSO subsidiary of Corporate America Credit Union, and Multi-Bank Securities, Inc., a Southfield, Mich.-based broker-dealer, announced they have formed a strategic relationship to provide investment products and additional securities-related services such as negotiable certificates of deposit and funding resources to credit unions.
For info: www.corpam.org