Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

Products Archive

Products

Council white paper offers disaster prep planning advice

 Permanent link
MADISON, Wis. (11/21/07)--A new white paper from the CUNA Marketing and Business Development Council provides the steps and strategies of building a credit union disaster communications plan. “Disaster Communications: The Importance of and Strategies for Implementing a Disaster Communications Plan--Before You Need It” discusses the importance of and strategies for implementing, testing and improving the communications portion of disaster preparedness and recovery plans, and business continuity plans. The paper covers:
* Disaster recovery plans--when they are needed, what is included in them and how they incorporate communications; * The important elements of a disaster communications plan; * Available tools and resources within the credit union system to help with planning and with communications during disasters; and * Implementing, testing and updating a plan.
Five case studies in the paper illustrate how credit unions and leagues have weathered disasters, the lessons they learned and the improvements they made to their disaster communications plans. A questionnaire for plan evaluation and a planning checklist are included in the appendix. CUNA Council members are entitled to a complimentary copy of the white paper; non-members may purchase copies for $50 each. For more information, use the link.

Four providers launch expand mobile banking

 Permanent link
MADISON, Wis. (11/21/07)--Four solutions providers have launched and expanded their mobile banking capabilities for financial institutions, including credit unions.
* Open Solutions Inc. of Glastonbury, Conn., entered a partnership with MShift, a provider of customizable wireless solutions. Through the partnership, Open Solutions will offer mobile banking services, including access to account summaries, transfer capabilities, bill payments and access to data from all Web-enabled mobile devices, such as cell phones, personal digital assistants, BlackBerry devices, pagers and voice devices; * Jack Henry and Associates, based in Monett, Mo., announced the launch of goDough, a browser-based mobile banking solution. With goDough, users can conduct branch and online transactions such as balance inquiries, fund transfers between accounts and transaction viewing. It supports all account types, including checking, certificates of deposit, money markets, loans and lines of credit; * CheckFree Corp. of Atlanta will expand its OpenChannel solution for mobile banking. The strategy supports multiple technologies for delivering online financial services through mobile devices, including microbrowser-based wireless application protocol, text messages and device-resident applications; and * America First CU of Ogden, Utah, has signed up for a new mobile banking service launched by AT&T. The service allows users to view account balances and history, transfer funds and pay bills.

CUDL to host CUs at NADA convention

 Permanent link
RANCHO CUCAMONGA, Calif. (11/21/07)--CU Direct Corp. (CUDL) announced that it will host credit unions at the 2008 National Automobile Dealers Association (NADA) Convention, scheduled for Feb 9-12 in San Francisco. CUDL will represent more than 600 credit unions at the convention, which aims to bring auto dealers and credit union representatives together for networking and relationship building. Credit union representatives also can attend workshops and breakout sessions about the automobile industry. NADA represents about 20,000 franchised new car and truck dealers with 43,000 separate franchises, domestic and international. CUDL has represented credit unions at the NADA convention for the past five years.