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.
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.
Credit unions need to make sure they’re protected by indemnification provisions in the contracts they sign with third-party service providers and other vendors if they hope to avoid patent-infringement lawsuits.
Don’t become non-compliant with your vendor management. Consider outsourcing as a way to maintain vendor compliance.
Harland Clarke explains how financial institutions can better protect themselves against ongoing security threats, while maintaining trust relationships with members and third-party vendors.
Oregonâ€™s Northwest Chapter of Credit Unions is holding its first meeting of 2011 focusing on how current economic trends will affect credit union operations, and you are invited.