Effective January 1, 2020 - Prospera Credit Union and Westminster Savings Credit Union have merged into one entity known as Prospera Credit Union.
We have made a number of enhancements to the Atsource entry screen to make it easier for Commercial Legal Professionals to enter an Atsource transaction with multiple lots. We queried our existing transaction database and determined that over 98% of all our transactions are single lot transactions. As a result, we surveyed our Financial Institution clients and asked them if having a maximum of two title searches per transaction was adequate. As it turns out, it is.
Atsource is constantly updating our software to improve our customer’s experience. It has been a number of years since we last changed the look and feel of the software and we thought it was time to modernize. On Friday, July 5, 2019, you will sign in and have a new look that includes the following benefits:
1. A new task bar located on the right of the screen that allows easy access to items that are directly related to the transaction you are looking at.
BC Land Titles and Survey Authority (LTSA) have announced that there will be a fee increase to most LTSA services effective April 1st. The notice of the LTSA fee increase is located at the following web page: https://ltsa.ca/fees Including in the new LTSA fee schedule is an increase for filing a discharge in the Land Title Registry to $29.66 plus the $1.50 myLTSA service charge for a total of $31.16.
Atsource is please to announce that Osoyoos Credit Union is adopting the Atsource system to process payout statement statements and discharge of mortgages. Osoyoos Credit Union is the
only locally owned and operated financial institution in Osoyoos, serving its members since 1946.
Effective September 14, 2018, Atsource is pleased to announce a software change to the process of entering the transferor for an internal transaction. Up to now it was necessary to review the full text of the Mortgagor’s recital to determine the Mortgagor that is listed on title. We have now changed the system so that each recital has the name of the Mortgagor in a separate field to identify it. This will save a few moments of your time and will cut down on errors.
Atsource is please to release the BETA version of the Atsource Dashboard management system. The Atsource Dashboard provides a 10,000 foot view of a financial institutions mortgage payout and discharging operations and then allows the user to drill down to the specific transaction.
Effective March 15th, 2018 Atsource welcomes the addition of Northern Savings Credit Union to the Atsource system. Northern Savings is Community-based, member-owned, democratically governed and is proud to have been part of the credit union system since 1940. From its modest beginnings as a savings and loan cooperative, Northern Savings has built itself into one of the largest credit unions in Northern BC.