Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

Products Archive

Products

LEVERAGE Mid-America Service Corp. market tool in Dakotas

 Permanent link
TALLAHASSEE, Fla. (5/24/11)--LEVERAGE and the Mid-America Service Corp., a subsidiary of the Credit Union Association of the Dakotas, have entered into a marketing agreement to bring credit unions in North and South Dakota Ventelligence, an online vendor management and ePurchasing tool. LEVERAGE is the service corporation for the League of Southeastern Credit Unions. Ventelligence offers a web-based contract database, third-party vendor risk assessments, due diligence templates, and an ePurchasing platform. Ventelligence’s ePurchasing platform is designed to encourage vendors to more aggressively bid against each other for a credit union’s business, according Leverage. Mid-America Service Corp. will have exclusive rights in the Dakotas to market Ventelligence. “This presented a great opportunity for us to collaborate with another state association on a product that can benefit our members,” said Mid-America Services Corp. President/CEO Robbie Thompson. “Credit unions are under severe pressure to decrease costs without sacrificing their future or their service to members. We have seen the significant savings that credit unions in the southeast achieved through past ePurchasing events, and we hope that by bringing this solution to the Dakotas, that our credit unions will see similar savings.”

TMG papers awarded NOVA Best of Show

 Permanent link
DES MOINES, Iowa (5/24/11)--The Members Group (TMG) has been recognized by the Iowa chapter of the American Marketing Association (AMA Iowa) for excellence in marketing with two NOVA Awards, including overall best in show. TMG, which also captured best of category in marketing, was recognized for its 2010 quarter white papers showcasing the payments-industry expertise of TMG executives. The company surpassed its white paper download goals by nearly 300% and tripled the number of client prospects it had hoped to earn. Campaign results were triple-weighted in the judging of this year’s awards, according to Georgann Smith, TMG director of marketing and communications. The NOVA Awards credited Smith and two team members, Tana Krumm and Sarah Barthole, and the public relations consulting firm Kelly Moore Consulting, Inc. Established by AMA Iowa, the NOVA Awards recognize marketing programs that achieve results. Competitors for the awards range from small businesses to Fortune 500 companies. The competition is held annually each spring. TMG is a wholly owned subsidiary of the Affiliates Management Co., which is owned by Iowa credit unions and their members. A credit union service organization, TMG provides card processing and payment solutions to credit unions and financial institutions across North America.

CRIF Lending Solutions expands to Pa.

 Permanent link
ENGLEWOOD, Colo. (5/24/11)--CRIF Select, part of CRIF Lending Solutions, has expanded into Pennsylvania, providing state credit unions there with access to outsourced indirect auto lending products. With the expansion, CRIF Select now serves 17 markets with its indirect and direct lending solutions. Expansion into additional markets is planned for later this year. CRIF Select provides credit unions with turnkey technology support to automate their loan-underwriting criteria and rate sheets. Among the services the company provides:
* Dealer management and representation; * After hours underwriting; * Leasing support; * Online auto shopping; and * Merchant lending.
CRIF Lending Solutions supports 650 U.S. banks, credit unions, credit card processors and financial institutions. CRIF’s offerings include loan origination systems for consumer, business, and point-of-sale lending and business-process outsourcing for indirect lending, data aggregation, analytics and account opening.