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Credit Union Technology

  • The Basics of FFIEC Geocoding

    January 27, 2016 0

    Geocoding also refers to the word mapping. This is a unique system that offers services to the institutions related to the finance industry. Any country, state, division, census or address information or metropolitan are designated as a geocode. All of these get their reports of each and every information about any kind of loans. […]

  • Considering a Switch of Data Processing? Ask These Important Questions

    March 11, 2016 0

    In today’s ever-changing financial landscape, the board of directors must review important technology decisions that will position the bank for strategic success. One of those important decisions is when, and how, to replace legacy core systems. […]

  • What is FFIEC – Everything you need to know

    January 21, 2016 0

    The FFIEC is the federal organization that defines standards and principals for financial institutions. These standards are usually based on NIST standards which is the federal technology agency that works with industry to develop and apply technology, measurements, and standards. […]

Credit Union News

  • What is loan grace period?

    January 11, 2016 0

    You may have a legitimate question as to how the credit unions and banks charge interest during this grace period? Credit unions and banks have their own methods of charging interest depending upon the purpose of loan. […]

  • Rent or Buy? Which Option Makes Sense for You?

    May 20, 2016 0

    The choice between buying a home and renting one is among the biggest financial decisions that many adults make. But the costs of buying can be substantial…check out how you can….. […]

  • Forest Area Federal Credit Union Highlights Rural Communities

    May 27, 2016 0

    Forest Area Federal Credit Union continues to be the leader in rural communities in Northern Michigan by opening a new, state-of-the art branch in Kalkaska located at 409 West Mile Rd (M72), open now. […]