CUNA Mutual Expands Coverage
MADISON, Wis.-CUNA Mutual Group has teamed up with Lee & Mason Financial Services Inc., to offer a stand-alone Commercial Foreclosure Property and Liability insurance policy for credit unions' member business loans.
Credit unions can choose to cover the property (building, contents, including equipment) and/or business liability. The Commercial Foreclosure policy features:
* Vacant, partially vacant, and business personal property coverage.
* Three-, six-, nine-, or 12-month term options.
* Single-coverage property, single-coverage business liability or a combination.
* Basic (vandalism and malicious mischief) or special perils (includes theft).
* Actual cash value valuation.
* Deductible, limits of liability, and comprehensive options.
For info: www.cunamutual.com
CO-OP FS Offering Special Discount
RANCHO CUCAMONGA, Calif.-CO-OP Financial Services members will now have until March 30 to sign up at a special discounted rate for Fortrex Technologies Inc.'s signature VendorPoint technology, an automated vendor management and privacy compliance solution.
For info: www.vendorpoint.net
Experian Launches PriorityScore
COSTA MESA, Calif.-Experian and PredictiveMetrics Inc. (PMI), a statistical decision modeling and analytical solutions provider, announced the launch of PriorityScore for Collections.
PriorityScore for Collections predicts two outcomes: dollars to be collected and expected payers, allowing organizations to prioritize collection actions based on cost, effort and impact optimizing collection yields.
For info: www.experian.com
UWCU Signs With Balance
MADISON, Wis.-UW Credit Union has signed with BALANCE, a financial fitness program, to offer its members an additional service where they can speak with a counselor over the phone to receive help with their individual situation.
"The current economic condition is something that many people haven't had to deal with and, as a result, some of them are not sure how to react," said Mike Long, VP-lending. "That is where BALANCE can provide additional help for our members. Whether it be preparing a new budget to reflect the economic conditions or advice on raising a credit score to purchase a home, BALANCE has the resources to help."
