Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Oklahoma Texas leagues discuss partnership
TULSA, Okla. (5/15/08)--The Oklahoma Credit Union League is discussing a possible partnership with the Texas Credit Union League to outsource services. In August, the Oklahoma league approached other credit union leagues to see if they had any services they could offer Oklahoma, said Debra Morrow Ingram, league interim president/CEO. Four leagues responded and put together proposals for a partnership with Oklahoma. All of the proposals were good, but partnering with Texas makes the most sense, Morrow told News Now. The Oklahoma league is evaluating what a partnership with Texas would entail. No financial arrangements have been made. A solid proposal for the board of directors to evaluate should be ready by the May 28 board meeting, Morrow said. A partnership between leagues makes a lot of sense, because “there are similar things we all do,” she said. "We are delighted to have an opportunity to partner with a neighboring league," Dick Ensweiler, president/CEO of the Texas Credit Union League, told News Now. Even though a partnership would lead to the outsourcing of some services, there are some things that each league should handle on their own--like advocacy, legislative advocacy, compliance and media relations, Morrow said. The Oklahoma league decided to pursue a possible partnership with another league after looking at itself to see what services it offers and what services it can improve upon. Other factors contributing to the decision to seek a partnership are some changes the league has and will undergo--such as the departure of the league’s former CEO and plans for the league to move its headquarters from Tulsa to Oklahoma City. The partnership exploration process has “been a good learning experience,” Morrow noted. “We saw the good services we provide to members, and we saw the services other leagues provide. “Even if we don’t contract with a league for services, we may try to emulate them,” she said.


RSS print
News Now LiveWire
In just over a year, @SaveToWinWA generates more than $1M of savings in 6 #creditunions http://t.co/rszMd0SZVv
11 hours ago
Even the pest guy is a cybersecurity risk: http://t.co/Tqq4qfOgcq
12 hours ago
.@SCTelco_FCU among best places to work in S.C. via @TheCCUL http://t.co/PJnjOArfm8
13 hours ago
#IceBucketChallenge in D.C. today: @HampelBill with help from some @CUNA staff http://t.co/3iOqE2KSjd
14 hours ago
P2P mobile payments draw millennials' interest via @BloombergNews http://t.co/uoO2anjCsV
16 hours ago