ReleaseWire

Embarrass Vermillion Federal Credit Union has selected TRC Interactive, Inc., the nation’s leader in interactive financial institution training, to deliver online instruction through CreditUnionTrainingOnline for its credit union-wide training needs.

TRC Interactive’s multiple award-winning TellerSolutionOnline and TRC Interactive’s design transaction simulations are at the core of the 2011 Brandon Hall Award, Best Results of a Learning Program which was awarded to First Citizens Bank and TRC Interactive. Using TRC Interactive’s architecture, consulting, as well as TellerSolutionOnline’s extensive eLearning modules, the Teller Essentials Program was developed for First Citizens Bank. Participants are assigned to a First Citizens Coach who provides direction and mentoring. Then, working in the branch, Tellers participate in TRC Interactive’s customized TellerSolution Online, as well as the uniquely customized interactive transaction training simulation.

Availability of banking and payment services to the entire population is essential for comprehensive economic growth and holistic development of the country. Don’t you agree? Thus, in an effort to take banking to millions of unbanked Indians by leveraging deep penetration of mobile phones, HDFC Bank and Vodafone India launched HDFC Bank MobileBank Account with Vodafone m-paisaTM at Chomu, on the outskirts of Jaipur, in Rajasthan on the 26th of November, 2011.

Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that the company was ranked No. 24 in “The Financial 100” rankings by Business North Carolina magazine. Based on 2010 revenue, the ranking includes banks, savings and loan associations, and credit unions with operations in North Carolina. Crescent State Bank is headquartered in Cary.

Desertview Federal Credit Union has selected TRC Interactive, Inc., the nation’s leader in financial institution training, to train its staff with TellerSolutionOnline.

LG & W Federal Credit Union has selected TRC Interactive, Inc., the nation’s leader in interactive financial institution training, to deliver online instruction through CreditUnionTrainingOnline® for its credit union-wide training needs.

Gabrielle Settle, branch sales manager at the 1155 Kildaire Farm Road location of Crescent State Bank (http://www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that the branch will host a Fall Festival Hot Dog and Shred Day on Thursday, Nov. 17 from 11 a.m. to 3 p.m. To promote the bank’s Facebook page, bank representatives will enter everyone who “likes” the page into a raffle drawing for a $100 VISA gift card that will be given away at the Fall Festival event as well.

CarePoint Federal Credit Union has selected TRC Interactive, Inc., the nation’s leader in interactive financial institution training, to deliver online instruction through CreditUnionTrainingOnline® for its credit union-wide training needs. CarePoint Federal Credit Union will have full use of Training Central™, the training program’s Learning Management System.

Alternative Asset Analysis has announced its support for Bank of America Merrill Lynch's move to readjust its stance on commodities, preferring to favor non-cyclical commodities, such as gold, while oil has been downgraded as an alternative asset.

Why Indian banking system is facing difficulty and every customer is very confused to get all the facilities from Indian banking system. Even today, customers are not satisfied with the facilities of banking system.

As modern day issues continue to complicate the marriage and divorce process in the U.S., Gibraltar Private Bank has outlined four basic recommendations that will help people better understand the value of prenuptial agreements and discuss their appropriateness with their significant other.

Progressive Savings Bank asks consumers, “Do you Kasasa?” as it becomes the second financial institution in Tennessee to launch the country’s most innovative financial products.

Research conducted by TechNavio reveals that the Automated Teller Machine (ATM) market in Brazil is expected to grow at a CAGR of 16 percent. Technavio’s report, which focusses exclusively on Brazil, indicates that the market is currently being driven by the increased spending power of Brazilian consumers.

When Joe Caballero, CEO, and Ed O’Carroll, COO, of GulfShore Bank, decided to open a new corporate headquarters in Florida, a complete one-stop signage firm was just as important as the headquarters location.

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that it now offers MoneyIsland, a virtual and interactive game that aims to increase financial literacy by teaching children the fundamentals of finance at an early age. The MoneyIsland program arms children with an engaging learning experience through adventurous quests to the Eiffel Tower, Atlantis, the Great Wall of China, and other exotic destinations. Once they join, children receive a passport and colorful stickers to track their growth and progress through the MoneyIsland virtual world. The program gives parents and teachers a unique opportunity to teach children valuable money management skills in three key financial categories: saving and spending, earning and investing, and using credit wisely.

The Islamic finance industry is pegged to grow at 15-20 percent per year. 63 percent of Islamic finance institutions are in the Middle East, controlling more than 50 percent of Islamic banking assets. These statistics were discussed at the recently concluded first ever Oman Islamic Banking Conference.

TechNavio’s analysts forecast the Brazil ATM market to grow at a CAGR of 16 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the rapidly growing spending capacity in Brazil. The ATM market in Brazil has also been witnessing an increase in the preference for refurbished ATMs over newer ATMs. However, the high installation cost could pose a challenge to the growth of this market.

Deposits held by local six banks including top lender Kookmin Bank amounted to 810.5 trillion won (US$761 billion) as of end-June, up 24.8 trillion won from the end of last year, according to the data.

Clients’ impression of a business comes down to the little things. From a simple email to a check in the mail, impressions are made with every interaction, and each impression must be carefully monitored if a business hopes to succeed.

An increasing focus on customer relationship management and on providing user-friendly banking solutions have been the latest trends in the retail banking market.

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced Alice M. Ligon has been named appraisal and evaluation administrator for the bank. In this position, Ligon will oversee commercial and residential appraisal activities for the bank. With more than 30 years of experience in the real estate and appraisal industry, Ligon worked as an appraisal review officer at a local community bank prior to joining Crescent State Bank.

Axis Bank, India’s third largest private sector Bank, in a bid to provide convenient solutions to its Home Loan & Car Loan seeking customers has launched an on-line application interface on its website (axisbank.com). The interface is powered by BankBazaar.com. Upon successful submission of on-line application form, the customer service representative of Axis Bank will reach out to the customer within 2 working days, for further processing.

UAE Exchange has a strong presence in the Middle East region, offering services encompassing remittances - bank transfers & instant money transfers, foreign exchange, and various value-added allied products & services. UAE Exchange was the first exchange house in Bahrain to receive the prestigious ISO 9001:2008 certification. The global remittance leader, present in 22 countries across five continents, has more than 500 direct offices offering wide range of popular products and services.

With rising disposable income and increasing awareness, Indian cosmetic market will surge at a CAGR of around 18% during 2011-2014, RNCOS acknowledged.

The Ohio State Bank asks consumers, "Do you Kasasa?" as it becomes the first financial institution headquartered in Marion to launch the country's most innovative financial products.