Anthem spoke with Solarity Credit Union about their recent project, an all-new mobile-first website.
Vendors compete for your business—driving costs down—through Credit Union Vendor Management’s Strategic Buying service. See how Strategic Buying can save you an average of over 20% on the services you use most.
The partnership will help the credit unions of Oregon and Washington manage vendor relationships with CUVM’s innovative services.
Absorbing the full cost of auto loan write-offs caused by damaged or stolen uninsured vehicles usually isn’t a prudent option when a credit union’s bread and butter is its auto loan portfolio. But a “tracked” collateral protection insurance (CPI) program could help protect the credit union’s interest in the loan collateral.
Technology is an integral part of how financial institutions operate and provide account holders with the products and services they need, but technology agreements can be lengthy and confusing. And if you aren’t familiar with the terms and language used to describe the conditions and intricacies of the services you receive, your contract could be more beneficial to your vendors than to your organization.
As most of the Northwest is experiencing a soggy May, it’s a good reminder for credit union lenders to shore up their flood zone data. This is critical information for mortgage approvals. In today’s Strategic Link business partner article, CUNA Mutual’s Kriss Besch shares some important insight.
Don’t become non-compliant with your vendor management. Consider outsourcing as a way to maintain vendor compliance.
The CFPB recently issued a bulletin reminding credit unions that they can be held responsible for the actions of third-party contract service providers and that they are expected to have an effective process of managing risk in these relationships.
Harland Clarke explains how financial institutions can better protect themselves against ongoing security threats, while maintaining trust relationships with members and third-party vendors.