Now in the Market
Three CUs Join CU Centers
INDIANAPOLIS-Shared branching provider Credit Union Centers added three credit unions: CBI Federal Credit Union, Plainfield, Ill., Independent Federal Credit Union, Anderson, Ind., and KONE Employees Credit Union, Moline, Ill.
For info: www.cucenters.com
RATA Assoc. Intros New Tool
LONGWOOD, Fla.-RATA Associates, a provider of HMDA, CRA and Fair Lending compliance software and geocoding services, has released the 2009 HMDA/CRA Data for its Comply Peer-2-Peer.
For info: www.rataassociates.com
Check Cashing Solution Available
MADISON, Wis.-CUES said it is partnering with New Market Partners, Atlanta, to help credit unions reach the Cash Banking market. CUES said its new program, CU Cash Banking Solution, offers sources of fee income, the opportunity to extend into emerging markets and attract younger members, and the ability to migrate underbanked individuals to fully-banked members, CUES said.
For info: www.cues.org.
Solution Boosts Net Profit 60%
COSTA MESA, Calif.-Experian said its "Auto in the Market Model" helped Franklin Mint Federal Credit Union, Broomall, Penn., reduce overall mail volume by targeting credit-qualified individuals who were in the market for an auto loan and were most likely to respond. Franklin Mint exceeded its ROI target by almost 200%, had a 10% lift in its overall conversion rate and increased its campaign net profit by 60%, Experian said.
For info: www.experian.com
Northwest Financial Hits $500M
HERNDON, Va.-Northwest Financial Group, a subsidiary of Northwest Financial LLC, said it reached $500 million in assets under management, thanks to an increase in the number of new clients and an increase in asset values from more favorable market conditions.
For info: www.nwfllc.com
LSI logoLSI Welcomes 30 New CU Clients
ELGIN, Ill.-Lending Solutions Inc. has signed up 30 new credit union clients for the firm's ccontact center services so far this year. Among the new clients are: Education First Federal Credit Union, Farmers Insurance Group Federal Credit Union, Harborlight Credit Union, Our Community Federal Credit Union, Premier Community Credit Union, Steel Valley Federal Credit Union, TEG Federal Credit Union, Tremont Credit Union and West Community Credit Union.
For info: www.lendingsolutions.com