OK, who doesn’t? With relentless competition from the auto dealers and other competitors, it’s harder than ever to gain vehicle loans. But here’s a tip that could help you and your front line team build a member relationship that will endear you to them while at the same time, help capture more loans. Work… Read more »
Posts Categorized: News
Simplify Home Loan Administration with Blanket Mortgage Hazard Coverage
Coverage for your credit union’s entire mortgage loan portfolio against uninsured physical damage without the aggravation and expense of tracking property insurance. The beauty of the blanket approach is simplicity. Verify coverage at loan closing, and from that point on, hazard insurance tracking ceases. Compared to the true cost of force-placed insurance (employee tracking &… Read more »
Anthem Exits the Individual Insurance Marketplace in Maine, Groups Need Not Worry
We have had a few questions from our Group Employee Benefits clients concerning Anthem Blue Cross Blue Shield’s recent announcement to no longer sell new policies on Maine’s Affordable Care Act health insurance marketplace. To clarify, their decision does not affect our credit union and small business group employee benefits clients. As for the Maine ACA… Read more »
Valuable Insights and Collaboration at the Fall CU Insurance Solutions University Workshop
Last month, Julie Ferguson was our guest speaker for the Fall 2017 CU Insurance Solutions University workshop. The event was held at America’s Credit Union Museum on September 12-13th with more than 50 employees representing 17 credit unions throughout New England in attendance. The event was focused on business development, sales culture evolution and member… Read more »
Clarifying the Current State of ACA and Ideas Surrounding Potential Changes
As the healthcare landscape continues to be in flux, CU Insurance Solutions wants to help clarify some of the terminologies that you may see or hear in the news. Obamacare, the Affordable Care Act, and the ACA are all the same law that was signed in 2010. This is currently the law of the land. … Read more »
How Credit Unions Can Identify Flood Damaged Cars Returning to the Used Vehicle Market
With the recent hurricanes in Texas (Harvey) and Florida (Irma), there are estimated to be as many as one million flood-damaged cars, many of which are being put up for resale at auctions across the US. This article explores the concern for members as well as our credit union clients and how to identify flood-damaged… Read more »
Frost Participates in Important GAP Amendment to Maine LD 1506, a Win for State Chartered Credit Unions
As you may know, the recent Maine LD 1506 bill regarding the governance of GAP waivers has passed. The bill was signed by the governor (Public Law Chapter 178) on June 12, 2017 and the new law will apply to all GAP waivers that become effective on or after January 1, 2018. Our partners at… Read more »
The Importance of the Used Vehicle Buyer’s Guide for Credit Unions
When a member is financing a used vehicle with your credit union, it is critical to ask them to see the Used Vehicle Buyer’s Guide during the loan application process. The Used Vehicle Buyer’s Guide contains many important factors that can affect the vehicle’s value. Maine law requires dealerships to display this document in the… Read more »
15th Annual Special Olympics Maine Golf Tournament
CU Insurance Solutions along with our subsidiary Equinox Financial & Insurance Services will be holding our 15th Annual Golf Tournament on Thursday July 20, 2017.
Fall Lending School with Julie Ferguson – Save the Date
CU Insurance Solutions is gearing up for their semi-annual Lending School event to take place on September 12-13, 2017 at the America’s Credit Union Museum in Manchester, NH. This credit union focused two-day event will be presented by guest speaker Julie Ferguson. The lending school is split into two 1-day sessions. Day 1 is designed for… Read more »