RANCHO CUCAMONGA, Calif. – CO-OP Financial Services said it will pay a shareholder dividend of $26.1 million for fiscal year 2016, raising to $393.7 million the total patronage amount made available by CO-OP since becoming a cooperative in 1996, the company reported.
THE market
MADISON, Wis.—CUES has named Antonio (Tony) Hill as SVP/chief marketing officer, a position new to the membership association.
BROOKFIELD, Wis.–Fiserv reported that six credit unions with assets of $1 billion or more have extended and expanded their relationships with the company.
MONETT, Mo–Symitar has announced that, included in its new core wins during the first 10 months of its fiscal year, the company has added six new billion-dollar core credit union footprints for its Episys system.
GRAND RAPIDS, Mich.-More than a dozen credit unions have now signed on with Xtend for its Zipwhip two-way landline texting solution.
ST. PETERSBURG, Fla.–The $36-bilion State Employees CU (SECU), the second-largest CU in the world, has signed a long-term renewal agreement for credit card processing services with PSCU.
ST. PETERSBURG, Fla.–PSCU has announced that Glynn Frechette has been named SVP of Advisors Plus, PSCU's division of strategic consultants and marketing experts.
MADISON, Wis. – CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, said it has made an investment in Chicago-based, MortgageHippo, Inc., a financial technology startup that provides a digital mortgage platform to guide consumers through every step of the mortgage origination process.
MCLEAN, Va.–CU RateReset, the provider of Financial Product Reset Solutions used for loan acquisition and retention, said that Democracy Federal Credit Union has agreed to license its ResetAuto product.
WASHINGTON– CUCollaborate said it has entered into a partnership with the Utah Credit Union Association to provide the Association’s staff and its member credit unions with access to the newly released software.