ZMFS Welcomes One of Silicon Valley’s Largest Credit Unions Star One Credit Union chooses ZMdesk for their investment and pre-trade analytics. Based in Sunnyvale, CA, Star One is a member-owned financial institution, with assets totaling more than $8 billion.
Sixth Largest Credit Union Chooses ZMdesk ZMFS is honored to welcome America First Credit Union as a ZMdesk client. Founded in 1939, America First is the sixth largest credit union in membership (918,000+) and the 11th largest in asset size, with more than $9.1 billion. America First remains a member-owned, not-for-profit cooperative financial institution.
Welcome Teachers Credit Union Teachers Credit Union joins a growing number of community-based, state-chartered and federal credit unions to select one of the ZMFS solutions as their ALCO model of choice. Teachers Credit Union (TCU) has grown to become Indiana’s largest Credit Union with nearly $3 billion in assets and fifty-five branches throughout the state of Indiana and Southwest Michigan.
Help for Credit Unions with Upcoming NEV Supervisory Test Reports Credit Unions looking to output their risk rating under the NCUA’s forthcoming NEV Supervisory Test can do so automatically with OnlineALM.com’s latest report enhancement. This report outputs book value, modeled EV in Base and up 300, and, in two additional columns, Base and up 300 EV adjusted for a standardized 1% and 4% book value premium on non-maturity shares. ZM Financial Systems has worked in cooperation with numerous clients and industry ALM providers to incorporate new calculations into their solutions ahead of regulations being finalized. Learn more about OnlineALM today.