Most of us don’t have the time or expertise to calculate the “real LTV”. We do, however, recognize that MSRP doesn’t usually reflect the true value of a new car due to incentives and other market factors. And, unless we get pictures and do a full inspection on used cars, can we really be confident it qualifies as clean?
Posts Categorized: News
5 Credit Union Data Breach Management Tips
Identity theft has become a rite of passage for both enterprises and individuals. For credit unions, making the right decisions about breaches and identity theft can protect reputations and save time and money better spent on growing the world of possibilities for your members.
Employee Benefits: Broker vs. Carrier Consolidation
As with every small employer group, credit unions are not exempt from the challenges of providing affordable health insurance options for their employees and families. Additionally, the ongoing changes under the Affordable Care Act have made it vastly harder for HR managers to clearly state what their healthcare plans provide in a way that’s easy for employees to understand.
ACA Update – Let’s Talk Compliance
For the first time in over four years, trying to keep up with the Affordable Care Act’s mandates isn’t consuming all of our benefits energy. There are still many mandates to fill and new pieces to incorporate, but at this point here at CU Insurance Solutions we have a clearer idea of what’s coming down the pike and it’s more of a stream than an avalanche of new information.
An Innovative New Program for Employees Turning Age 65
CU Insurance Solutions has partnered with Thomas Wright, a 36-year veteran of the financial services industry to offer Maine credit unions with an innovative new program for employees turning age 65.
The Risk of Credit Union Vendor Consolidation
Though it may be a tempting proposition, there is an inherent risk in credit union vendor consolidation as it concerns insurance programs for members.
The CU Insurance Solutions 53rd Annual Meeting – Save the Date
The CU Insurance Solutions 53rd annual meeting will take place at 2:00 pm on Friday, April 29, 2016 at the DoubleTree Hotel in South Portland, ME. Join us as we celebrate more than half a century of service to the Maine credit union community.
Eliminate Force-Placed Auto Insurance Tracking with Vendors Single Interest Protection
When a member borrows money for a vehicle, it is the credit union’s right to require them to show proof of comprehensive and collision insurance to protect its interest from damage or loss throughout the life of the loan. However, there is no guarantee that the member will keep it in force throughout the entire term. If… Read more »
Introducing My Credit Union Benefits 2.0
In the spring of 2014, CU Insurance Solutions launched the first iteration of the My Credit Union Benefits marketplace website. The website was created with the mission of assisting Maine credit union members in making the important decisions necessary to purchase individual health insurance with the recent changes under the Affordable Care Act. The private… Read more »
Beyond Due Diligence: The Importance of Vendor Product Comparisons
Is your credit union offering the very best services to your members? When it comes to due diligence, credit unions are intimately aware that financial stability and ethics both play an important role in the reliability and trustworthiness of a third party member service vendor. Third party vendor due diligence has become vitally important to… Read more »