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Articles Tagged with 'conversion'

Building a Better Core

December 01, 2010
Converting to a new core processing system—although difficult, time consuming, and expensive—can yield big dividends. READ MORE

'It's More Than the Core'

February 01, 2011
The core is more than just the system that tracks transactions. It touches all delivery channels. READ MORE

Don't Get Dust in the Server & Other Core Conversion Lessons

December 23, 2010
Done right, a core processing conversion can be more than a technology upgrade. It can transform a credit union. READ MORE

‘No Such Thing’ as an Easy Core Conversion

January 03, 2011
Keys to conversion success including staying on course, communicating regularly to employees—and trying to make the process fun. READ MORE

'New System Under Construction'

January 21, 2011
Core conversion success depends on the combined efforts of the CU and the conversion team. READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

heroes

What's Popular

Popular Stories

Scenes from the 19th Annual CUNA CFO Council Conference

Survey Says: Americans Lack Credit Score Knowledge

Warren Morrow Named 2013 CU Hero of the Year

The ABCs of APT

Identify & Monitor Indirect Auto Lending Risks

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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