Post-Pandemic Loss Recovery: What Every Credit Union Must Know – a 3 Part Series
The debt recovery ecosystem has been altered by unforeseeable changes in consumer
behavior exacerbated by COVID-19 and its variants. Credit Unions must be prepared to evolve
from traditional debt collection practices to create compassionate, collaborative, and creative
partnerships with charged off member-borrowers, many of whom have defaulted through no fault
of their own.
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CU Revest Restores $1 Million to Credit Unions
Abandoned capital and banished prior-prime members are an untapped source of growth. CU Revest has, in two short years, recovered more than $1 million in forgotten, abandoned capital and 1,600 prior-prime credit union members.
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The State of CUSOs: Man on the Street Reporting
Attendees at this year’s National Association of Credit Union Service Organizations share their insights on the state of their industry. NACUSO helps credit unions collaborate, innovate, and build business networks.
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Onsite Coverage: NOWaccount Creator Wins ‘Next Big Idea’ Competition
Read more about this year’s inaugural Next Big Idea winner, NOWaccount and the four finalists that are aiming to help fuel growth, deal with challenges or help better serve their members or CUSO owners.
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Scenes From NACUSO 2014
Mike Joplin, CEO of CU Revest accepts an accolade from his peers at this year’s National Association of Credit Union Service Organizations.
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America First Credit Union, CU Benefits Alliance Win NACUSO Top Awards
This year’s NACUSO Collaboration and Innovation Award, “the Academy Award of Cusos,” was granted to America First Credit Union, CU Benefits Alliance. CU Revest, LLC in San Diego received an honorable mention.
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CU Revest To Present Its “Next Big Idea” At NACUSO Conference
CU Revest dives into the shark tank at the first NACUSO Big Ideas Competition in Las Vegas. Contestants will be awarded the accolade based on real time voting from conference attendees.
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How CU Revest Recovers Charge-Offs Along With Former Members
Find out how CU Revest, owned by four credit unions and the Servatus Corp. holding company, is helping credit unions collect on charged-off accounts and return "prior prime" members to their former CUs.
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A CUSO Evolution
CUSOs are facing the hard fact that bad things happen to good people and they’re changing right along with the times.
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Diekmann: How The Butterflies Are Generating A Lot Of Wind
Diekmann explores the butterfly effect of the 1998's Credit Union Membership Access Act.
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Diekmann: Get Ready To Meet Your New Regulator - Yes, You
The Consumer Financial Protection Bureau will be looking behind a lot of curtains at credit unions, according to John Culhane, Jr. and Chris Willis of the Atlanta-based firm Ballard Spahr and Diekmann explains what it could mean for you.
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