Additional Services

SAGE Direct – Statement Processing: Many of the credit unions within CUPS have their statements processed through SAGE Direct, a CUSO providing statement processing and mailing services. CUPS has negotiated group discounts and more efficient processing time based on group criteria.

CPA Services – Cindrich & Mahalak: As a group, CUPS has secured a 15% reduction in the cost for preparation and submission of form 990 for each state chartered credit union.

Systems Insurance of America: CUPS is in the process of securing reduced maintenance costs by having each credit union place equipment under insurance coverage.

Business Lending: CUPS has established a partnership with CBS to implement business lending services in each credit union. Lower initial startup, training and setup costs were negotiated for each CUSO partner. Business lending and loan participation policies have been developed jointly to ensure consistency in lending and processing protocols.

Business Services Package: Development is underway to provide a business package to members including corporate VISA and checking, item processing, and merchant credit authorization.

Retail In-Direct Lending: CUPS is currently testing the launch of a retail direct lending program, through which members with small businesses can provide financing for lifestyle needs. This would include doctors, dentists, chiropractors, contractors, and more.

Health Care For Members: Research is currently underway regarding the feasibility of offering health care products that each credit union can make available to their members who are un-insured or under-insured.

Sales and Service Training: Collaboration on staff training in a setting that will encourage networking as well as motivate positive changes. Staff sharing and training with emphasis on marketing and sales. Continuous learning and networking would support better performance. Sharing staff will help with periods of need and flexibility.

Strategic and Business Planning Collaboratively: Facilitate planning sessions for the group. This would not only be a great accomplishment for the credit unions individually, it could uncover the plans for CUPS in the future. Costs will be shared between participating credit unions.

Internal Surveys and Competency Based On-Line Reviews: Discover business tools that help assess performance and provide feedback for tackling improvements and recognizing strengths. Negotiate pricing as a group.

Compliance and Regulatory Efficiencies: Share expertise and develop methods to insure that all participating credit unions remain up-to-date for all compliance and regulatory issues.

Collections/Accounting: Share expertise, processes, and staff – thereby reducing operating expenses.

Legal Services: Share costs for legal consultation, both for corporate and collection issues.


Home Partnerships & Affiliate Memberships Board & Representative Involvement Networking Product & Service Development Employee Education Seminars Marketing & Advertising Online Trading Office Equipment & Supply Discounts Additional Services Possibilities for the Future Contact Us	Additional Services SAGE Direct – Statement Processing: Many of the credit unions within CUPS have their statements processed through SAGE Direct, a CUSO providing statement processing and mailing services. CUPS has negotiated group discounts and more efficient processing time based on group criteria. CPA Services – Cindrich & Mahalak: As a group, CUPS has secured a 15% reduction in the cost for preparation and submission of form 990 for each state chartered credit union. Systems Insurance of America: CUPS is in the process of securing reduced maintenance costs by having each credit union place equipment under insurance coverage. Business Lending: CUPS has established a partnership with CBS to implement business lending services in each credit union. Lower initial startup, training and setup costs were negotiated for each CUSO partner. Business lending and loan participation policies have been developed jointly to ensure consistency in lending and processing protocols. Business Services Package: Development is underway to provide a business package to members including corporate VISA and checking, item processing, and merchant credit authorization. Retail In-Direct Lending: CUPS is currently testing the launch of a retail direct lending program, through which members with small businesses can provide financing for lifestyle needs. This would include doctors, dentists, chiropractors, contractors, and more. Health Care For Members: Research is currently underway regarding the feasibility of offering health care products that each credit union can make available to their members who are un-insured or under-insured. Sales and Service Training: Collaboration on staff training in a setting that will encourage networking as well as motivate positive changes. Staff sharing and training with emphasis on marketing and sales. Continuous learning and networking would support better performance. Sharing staff will help with periods of need and flexibility. Strategic and Business Planning Collaboratively: Facilitate planning sessions for the group. This would not only be a great accomplishment for the credit unions individually, it could uncover the plans for CUPS in the future. Costs will be shared between participating credit unions. Internal Surveys and Competency Based On-Line Reviews: Discover business tools that help assess performance and provide feedback for tackling improvements and recognizing strengths. Negotiate pricing as a group. Compliance and Regulatory Efficiencies: Share expertise and develop methods to insure that all participating credit unions remain up-to-date for all compliance and regulatory issues. Collections/Accounting: Share expertise, processes, and staff – thereby reducing operating expenses. Legal Services: Share costs for legal consultation, both for corporate and collection issues.
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