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Headache
Core Processing Special Report: Part V

Outsourcing Offers Headache Relief

With outsourcing, the vendor takes care of disaster recovery and compliance.
January 7, 2013
Dianne Molvig
One Comment
‘We felt we were slaves’ to our in-house core-processing system.
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Core Processing Special Report: Part IV

‘Our Computer Away from Home’

Outsourcing core processing frees up valuable staff time.
December 26, 2012
Dianne Molvig
No Comments
‘Now we can visit our SEGs and meet with potential members.’
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Special Report: Part II

Hybrid Core Processing Frees Up Resources

Hosted service model is a blend of in-house and service bureau systems.
December 18, 2012
Dianne Molvig
No Comments
In a hosted service arrangement, the CU buys a software license but uses the core processor’s hardware to run it.
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Special Report: Part III

Outsourced Core Processing Can Ease Staffing Concerns

Cintel FCU has moved IT staff’s skills ‘up-market.’
December 17, 2012
Dianne Molvig
No Comments
Would you be ready for a key IT person’s departure?
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Special Report: Part I

Core Processing: CUs Warm Up to Outsourcing

It’s time to toss out old assumptions about service bureaus.
December 8, 2012
No Comments
Dedicated hosting offers a high level of control for CUs.
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Outsourced Core Processing on the Rise

CUs are warming up to outsourcing as service bureaus offer greater flexibility and control.
September 1, 2012
Dianne Molvig
No Comments
Old assumptions die hard. Such is the case in the debate surrounding outsourced versus in-house core processing.
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Cards Feature Story

CUs Getting Back in the Card Game

Seeking increased control and revenue, many CUs are bringing their card programs back in-house.
May 14, 2012
Dianne Molvig
No Comments
Seeking increased control and revenue, many CUs are bringing their card programs back in-house.
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Core Operations Move to the Cloud

Even larger CUs—once skeptical due to security concerns—are taking a closer look at the cloud.
January 1, 2012
Darla Dernovsek
No Comments
Can you imagine a day when even mission-critical services such as core processing routinely run on "the cloud?" That day is coming.
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Credit Union Magazine Releases 2012 Guide to CU Core Processors

December 2, 2011
No Comments
The 2012 Information Systems Guide offers a detailed matrix of 24 core processing systems’ key features and functions, and much more.
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Moving Core Operations to the Cloud

What are the advantages and disadvantages of obtaining core processing via the cloud?
September 12, 2011
No Comments
An interview with Jason Mendenhall, executive vice president of Las Vegas-based Switch.
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May Cover

Credit Union Magazine

• May digital edition

May 2013

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Look into the Future of Finance

Finovate Highlights Industry's Best and Brightest

Jump-Start Your Loan Portfolio: Nine Steps

Are You Selling Products—Or Helping Members Achieve Their Goals?

Scenes from FinovateSpring 2013

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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