CU*SOUTH, a CUSO providing core data processing services, announced that it now offers collections management services for credit unions. CEO Leo Vaulin describes the new service: “Collections management is a hybrid between doing everything in-house, and outsourcing to a collections agency. If you do it alone, you may not have the in-house experience to fully…
CU*SOUTH, a CUSO providing core data processing services, announced that Mobile Postal Employees Credit Union (MPECU) has signed a contract and will convert within the next 2 months.
CU*SOUTH has announced the appointment of Roger Walker as its Senior Conversion Manager. With 19 years of experience managing core processing for credit unions, Walker will lead a new Conversion Team that includes a mix of experienced leaders and credit union product experts. “A successful conversion requires the leadership of someone who has worked in…
CU*Answers, known for its flagship core data processing system, CU*BASE, has been hard at work preparing its credit union clients for the changes imposed by the Credit CARD Act; proving that in times of economic flux, it pays to partner with a 100% credit union-owned CUSO. The timeline for complying with the Credit CARD Act…
Xtend, Inc., a multi-owned cooperative CUSO headquartered in Grand Rapids, Michigan, recently completed a multi-day strategic planning meeting with its fellow partners in the cuasterisk.com network of CUSOs. The meetings, which were held in Grand Rapids over a three day period of time from July 20-22, included representatives from each organization in the consortium. In…
By Frank J. Diekmann The business books and the pundits call it “lost opportunity cost,” the abstract yet very real economic benefits never realized because a business didn’t act when it should have. For credit unions this is hardly the time to talk about abstract costs when they’re being confronted by very tangible (and seemingly ongoing) expenses related to propping up the…
CU*SOUTH, a CUSO that provides data processing services to credit unions announces it will hold another 5300 Workshop on Thursday, April 8th, a their Mobile office. According to CU*SOUTH’s CEO, Leo Vaulin the “objective with these workshops is to provide credit unions with the advice and tools they need to assemble all of the 5300…
Xtend, Inc., a multi-owned cooperative CUSO based in Grand Rapids, Michigan, recently began construction of its new headquarters location. Although the address will not have to change much — staff will continue to operate from within the facility that houses credit union partners from CU*Answers, WESCO Net, eDoc Innovations, and cuasterisk,com — the new space…
In this Edition… Building the Future Credit Union Network CU*Answers and Reed Data Partner to Bring E-Doc Power to CUs CU*NorthWest Adds Five Additional CU Clients; Fills Board Seats Expanding the Network, CU*Answers Partners with Gulf Data Systems to Form CU*SOUTH Revving Up Cycle Sales With Indirect Loans Check 21 CUSO with Corporate One Making…