Community Driven CU Converts Paper Documents with eDOC
Community Driven Credit Union based in Ypsilanti, MI with 57 million in assets recently converted all of their paper documents into digital files utilizing eDOC’s Paper Conversion professional service. Community Driven CU selected eDOC Innovations to assist with their electronic document storage conversion prior to their conversion to CU*Answers for their core data processing.
Linda Bartlett, acting CEO for Community Driven Credit Union comments, “When making the decision to switch core data processors, we didn’t take into consideration the electronic records that would need to be converted as well. It was a very reassuring when eDOC contacted us and offered to step up and take that burden off our shoulders.”
The paper documents were turned into electronic records which are stored on DVDs with a built-in search engine to allow easy access to the documents in the future. Community Driven Credit Union will be utilizing the eDOC Paper Conversion service in the future for further data conversion.
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eDOC Collaborates With cuasterisk.com at inVest48
eDOC Innovations, CU*Answers, and CU*Network Services collaborated under the cuasterisk.com brand as exhibitors at the Ohio Credit Union League’s 2012 Invest48 Annual Conference held on April 23-25 in Columbus, OH. The cuasterisk.com brand represents a network of credit union owned CUSOs that have developed a capability for serving members in a whole new way. This collaborative leverages the power and effectiveness of a network of business partners committed to coming together to provide credit unions a variety of popular services at competitive CUSO prices. The footprint of this network reaches over 600 credit unions nationwide and is designed to provide credit unions the opportunity to roll out new services faster to market and at a lower cost.
The partners had the opportunity to network with over 450 credit union staff and volunteers along with other credit union vendors to discuss issues that are important to credit unions. eDOC also had an opportunity to discuss the innovative solutions eDOC offers credit unions to create to membership growth and keep up with the technology members expect from their credit union.
Kim Jobes, Loan Officer with Riverview Credit Union in Belpre, Ohio stopped by the eDOC and cuasterisk.com booth, and was the winner of the door prize, a $200 Visa Gift Card. In addition to the exhibit hall, education seminars and meetings, cuasterisk.com representatives took advantage of mingling with credit unions at the Welcome Reception and joined in on the festivities at the Hullabaloo at the Shoe Party held at the Ohio State University Football Stadium.
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eDOC Supports CUES Council Meetings
eDOC Innovations is excited to announce their sponsorship with the Michigan CUES Council, the CUES Canada Council, and the KOMA Council. eDOC is also an exhibiting participant in the Southern California CU Alliance Conference. CUES Councils provide credit union executives a unique forum to share experiences and thoughts beneficial to the credit union movement.
Joseph Lao, Manager of Market Development at eDOC says, “Sponsoring CUES events are a great way to promote collaboration. eDOC is about the Credit Union movement, and what better way to collaborate than to participate in CUES Councils, where key issues are addressed by key credit union leaders, and stakeholders, that serve as sounding boards to the industry. CUES Councils act as drivers, attending to the issues and concerns of the credit unions in their respective areas”.
Michigan CUES Council has recently concluded their annual meeting in January, discussing economic forecasts, and what to expect in 2012. CUES Canada Council will be meeting May 6th and is Celebrating 50 years and an established council. The KOMA council will be meeting May 2nd through the 4th, and will cover topics such as name changes, and mobile payments. The Southern California CU Alliance Conference is May 14-15, 2012. This conference is jointly hosted by the Southern California Credit Union Alliance and Southern California/AZ CUES Council.. Joseph Lao, eDOC Manager of Market Development, will be at the eDOC booth.
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CU*SOUTH CUSO Converts 6 Credit Unions to CU*BASE
CU*SOUTH, a credit union-owned service organization, announced that it had converted six credit unions to its CU*BASE® software platform in the past 12 months.
“Over 200 credit unions now use the CU*BASE system to serve over 1,500,000 members nationwide,” says CU*South CEO Leo Vaulin. “Over 150 credit unions are owners in one or more the CUSO’s that collaborate within our network. Just as member ownership and volunteerism drives credit unions to excel at providing financial services, the participation and investment of credit unions in the design and development of our software makes CU*BASE the best solution to drive credit union success.”
In the past 12 months, CU*South converted the following credit unions to the CU*BASE platform:
- Taunton Federal CU in Taunton, MA
- MUNA Federal CU in Meridian, MS
- Elizabeth NJ Firemen’s FCU in Elizabeth, NJ
- Birmingham Police CU in Birmingham, AL
- St. Joseph Broadmoor FCU in Shreveport, LA
- Glove Workers FCU (merged into First Neshoba FCU) in Philadelphia, MS
“With each conversion, we identified immediate benefits to the member,” says Mr. Vaulin. “In some cases, it was mobile and text banking, or a better membership reward program. In other cases, it was 24×7 loan approval or more self-service options through our online banking platform. It’s a great feeling for the credit union and the CUSO to know that we’re making a difference for thousands of new members.”
Press release…
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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CU*NorthWest Adds QualiFile by ChexSystems
CU*NorthWest, a CUSO located in Liberty Lake, WA announced the integration of a new risk assessment tool into their core software that will allow credit unions to streamline and improve their new account and membership opening.
The integration of QualiFile, by ChexSystems will eliminate the need for credit unions to re-key information from the risk assessment report. The purpose of the project is to streamline how credit union staffers use QualiFile to assist with decisions about approving new accounts and memberships.
With QualiFile, credit unions will have the ability to configure their core processing software to interactively pull a risk assessment report based on parameters chosen by the credit union. Mountain River Credit Union, of Salida, CO will be the first CU*NorthWest client to implement the new software enhancement.
CU*NorthWest is pleased to announce that they are offering this enhancement free of charge for all of their clients.
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