CUNA has entered into a long-term strategic contract with Datatrac, which provides competitive interest rate information. Datatrac follows and provides more than three-million interest rates that are updated annually. CUNA said the relationship will enable credit unions to better position themselves in the marketplace with the edge of Datatrac's timely, accurate, daily rate intelligence.
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"We feel the new relationship will help credit unions be more competitive and do so at significant savings over what was previously available," said Wes Millar, VP-strategic alliances with CUNA.
Datatrac's research services can be customized to monitor any mix of asset/liability products and competitors. Reports can be delivered weekly, biweekly or monthly by fax, e-mail or via a customized, security-coded Internet Research Center. Datatrac also supplies RateAlerts, daily email updates of any rate changes or special offers offered by competitors.
Datatrac also provides aggregate data comparing the rates of credit unions and banks at national, state and local levels. Credit union and bank statistics from Datatrac will be featured on CUNA's website at www.cuna.org.
For info: 800-356-9655, ext. 4073.
