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INDIANAPOLIS - VIFI has launched EnterpriseManager, a solution aimed at providing CU clients with real-time customer service for users of VIFI's Internet banking and online bill payment solutions. The Web-based management tool assists financials in managing and accessing the attributes of the Internet banking and bill payment process. Credit union...

* 48% of homeowners who currently have a mortgage said they used a bank or a credit union to obtain their mortgage loan. Nearly half said they received their mortgage from other sources for mortgage financing. * Among those who use a bank or a credit union for their mortgage,...

WASHINGTON - The growth in subprime lending to credit-impaired borrowers has opened the door to home-ownership for many consumers that would have otherwise remained shut. But subprime lending to consumers with credit problems has also indirectly given rise to two mortgage processes in the U.S. - one that leaves borrowers...

WASHINGTON-Shortly after the stroke of midnight July 31, the House passed the Veterans Affairs, Housing and Urban Development and Independent Agencies Appropriations legislation. The bill passed by a vote of 336 to 89. Despite the lobbying efforts of CUNA and NAFCU, the bill set a cap on the Central Liquidity...

WASHINGTON-Last week, Speaker of the House Dennis Hastert (R-Ill.) appointed conferees to the bankruptcy reform legislation conference. According to credit union Hill lobbyists, none of the conferees named were a surprise. NAFCU Senior Lobbyist Murray Chanow said he is only surprised that the House did not name more than 19...

ST.PETERSBURG, Fla. - For credit unions, there's a new but familiar player in the credit card portfolio sales game - Payment Systems for Credit Unions, Inc. Responding to major issuers targeting credit union credit card portfolios, PSCU is providing CUs a turnkey alternative- the PSCU Portfolio Management Solution. From evaluation...

ARLINGTON, Va. - NAFCU President/CEO Fred Becker agrees 100% with a recent USA Today story that recommended consumers check out credit unions for great rates on CDs - but there's even more consumers should be doing with CUs, says Becker. In a letter published in the July 26 edition of...

WASHINGTON-While NAFCU and NASCUS had staked out their claims in the overhead transfer rate debate, CUNA's position, representing both state chartered, federally-insured and federal chartered credit unions, called for more delicate handling. CUNA Associate General Counsel Mary Dunn said, "[The overhead transfer rate issue] is driving a wedge between state...