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ARTICLES

'It's More Than the Core'

Keep member disruptions to a minimum during core conversions.
February 1, 2011
Bill Merrick
No Comments
The core is more than just the system that tracks transactions. It touches all delivery channels.
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'New System Under Construction'

Core conversions require top-notch communication and planning.
January 21, 2011
Bill Merrick
No Comments
Core conversion success depends on the combined efforts of the CU and the conversion team.
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‘No Such Thing’ as an Easy Core Conversion

If you let things slide, you risk ‘having a wave come over your head.’
January 3, 2011
Bill Merrick
2 Comments
Keys to conversion success including staying on course, communicating regularly to employees—and trying to make the process fun.
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Don't Get Dust in the Server & Other Core Conversion Lessons

Share One CEO finds that sacred cows make delicious hamburgers.
December 23, 2010
Bill Merrick
No Comments
Done right, a core processing conversion can be more than a technology upgrade. It can transform a credit union.
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Building a Better Core

Employee involvement is an essential part of a successful core conversion.
December 1, 2010
Dianne Molvig
No Comments
Converting to a new core processing system—although difficult, time consuming, and expensive—can yield big dividends.
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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

Gladwell: CUs are David to Banks’ Goliath

Survey Says: Americans Lack Credit Score Knowledge

Warren Morrow Named 2013 CU Hero of the Year

Finovate Unveils Best of Show Winners

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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